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Nonprofit · EIN 63-0955085

JAMES RUSHTON I FOUNDATION

Tax-exempt · MOUNTAIN BRK, AL 35223

Financials

$2.8M$1.2M2023$1.7M$1.9M2024$2.2M$2M2025
Revenue Expenses · by fiscal year end
Financials of JAMES RUSHTON I FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,244,646$1,991,459$253,187$32,028,097$0$32,028,097
December 31, 2024990-PF$1,682,964$1,912,246-$229,282$31,777,215$2,305$31,774,910
December 31, 2023990-PF$2,786,111$1,159,418$1,626,693$32,005,393$1,201$32,004,192
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,525,970
Interest
$6,654
Net gain from sales of assets
$696,774
Other income
$15,248

Expenses

Grants and similar amounts paid
$1,539,500
Compensation of officers, directors and key employees
$95,000
Salaries, compensation and benefits (total)
$50,904
Disbursements for charitable purposes
$1,816,103
Excise tax on investment income
$28,881

Balance sheet and other

Total assets, start of year
$31,777,215
Total assets, end of year
$32,028,097
Total liabilities, end of year
$0
Net assets, end of year
$32,028,097
Fair market value of assets
$41,493,174
Qualifying distributions
$1,816,103
Net investment income
$2,244,646

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
Deakins Ford Rushton
3828 10th Ave S, Birmingham, AL 35222
President40$95,000
Beverly Self
357 Mountain Dr, Remlap, AL 35133
Office Manager
Highest-paid employee
40$50,904
Gail B Rushton
3828 10th Ave S, Birmingham, AL 35222
Director0.8$0
James Rushton
2717 Highland Ave South Unit 106, Birmingham, AL 35205
Director0.8$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Deakins Ford Rushton
3828 10th Ave S, Birmingham, AL 35222
President40$95,000
Gail B Rushton
3828 10th Ave S, Birmingham, AL 35222
Director0.8$0
James Rushton
2717 Highland Ave South Unit 106, Birmingham, AL 35205
Director0.8$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Deakins Ford Rushton
3828 10th Ave S, Birmingham, AL 35222
President40$95,000
Gail B Rushton
3828 10th Ave S, Birmingham, AL 35222
Director0.8$0
James Rushton
2717 Highland Ave South Unit 106, Birmingham, AL 35205
Director0.8$0

Address and contacts

Address (IRS master file)
3 OFFICE PARK CIR STE 250, MOUNTAIN BRK, AL 35223-2518
In care of
% DEAK RUSHTON
Signed the 990-PF
Deakins F Rushton, President
Phone
(205) 322-1951
Website
jr1.org
Return prepared by
Jones & Kirkpatrick PC

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
63-0955085
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
1988
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B24)
Assets (IRS master file)
$32,028,097
Income (IRS master file)
$3,452,167

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,244,646$1,991,459$32,028,097XML
990-PFDecember 2024$1,682,964$1,912,246$31,777,215XML
990-PFDecember 2023$2,786,111$1,159,418$32,005,393XML
990December 2022$2,954,448$2,559,612$31,351,856IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 63-0955085).

Questions about JAMES RUSHTON I FOUNDATION

What is the EIN of JAMES RUSHTON I FOUNDATION?
The employer identification number (EIN) of JAMES RUSHTON I FOUNDATION is 63-0955085.
Is JAMES RUSHTON I FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to JAMES RUSHTON I FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JAMES RUSHTON I FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JAMES RUSHTON I FOUNDATION 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 JAMES RUSHTON I FOUNDATION 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 JAMES RUSHTON I FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $95,000 (Deakins Ford Rushton, President).
How much revenue does JAMES RUSHTON I FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,244,646, expenses of $1,991,459 and total assets of $32,028,097 at year end.

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