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Nonprofit · EIN 61-6025045

SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND

Tax-exempt · LEXINGTON, KY 40503

Financials

$2K$35K2023$40K$26K2024$50K$30K2025
Revenue Expenses · by fiscal year end
Financials of SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$49,621$29,928$19,693$1,114,638$0$1,114,638
December 31, 2024990-PF$39,751$25,969$13,782$1,094,949$0$1,094,949
December 31, 2023990-PF$2,146$34,878-$32,732$1,081,170$0$1,081,170
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$19,791
Net gain from sales of assets
$29,830

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$16,448
Disbursements for charitable purposes
$22,219
Excise tax on investment income
$595

Balance sheet and other

Total assets, start of year
$1,094,949
Total assets, end of year
$1,114,638
Total liabilities, end of year
$0
Net assets, end of year
$1,114,638
Fair market value of assets
$1,336,661
Qualifying distributions
$82,219
Net investment income
$49,555

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CUMBERLAND VALLEY NATIONAL BANK
1721 NICHOLASVILLE RD, LEXINGTON, KY 40503
TRUSTEE1$16,448
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
CUMBERLAND VALLEY NATIONAL BANK
1721 NICHOLASVILLE RD, LEXINGTON, KY 40503
TRUSTEE1$15,805
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CUMBERLAND VALLEY NATIONAL BANK
1721 NICHOLASVILLE RD, LEXINGTON, KY 40503
TRUSTEE1$15,002

Address and contacts

Address (IRS master file)
1721 NICHOLASVILLE RD, LEXINGTON, KY 40503-1428
In care of
% JPMORGAN CHASE BANK NA
Signed the 990-PF
CUMBERLAND VALLEY NATIONAL BANK, TRUSTEE
Phone
(606) 878-7010
Return prepared by
DELOITTE TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
61-6025045
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,114,638
Income (IRS master file)
$110,101

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$49,621$29,928$1,114,638IRS
990-PFDecember 2024$39,751$25,969$1,094,949IRS
990-PFDecember 2023$2,146$34,878$1,081,170XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-6025045).

Questions about SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND

What is the EIN of SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND?
The employer identification number (EIN) of SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND is 61-6025045.
Is SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $16,448 (CUMBERLAND VALLEY NATIONAL BANK, TRUSTEE).
How much revenue does SALLIE TAYLOR FARIS AND A BURTON FARIS JR MEMORIAL TRUST FUND have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $49,621, expenses of $29,928 and total assets of $1,114,638 at year end.

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