Nonprofit · EIN 75-2897679
WESTERMAN FOUNDATION
Tax-exempt · PLANO, TX 75093
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,348,199 | $2,143,548 | $204,651 | $35,701,629 | $0 | $35,701,629 |
| December 31, 2023 | 990-PF | $561,991 | $1,952,769 | -$1,390,778 | $34,116,770 | $0 | $34,116,770 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $840,719
- Interest
- $7,830
- Net gain from sales of assets
- $1,499,650
Expenses
- Grants and similar amounts paid
- $1,784,357
- Compensation of officers, directors and key employees
- $118,750
- Disbursements for charitable purposes
- $1,961,590
- Excise tax on investment income
- $29,754
Balance sheet and other
- Total assets, start of year
- $34,116,770
- Total assets, end of year
- $35,701,629
- Total liabilities, end of year
- $0
- Net assets, end of year
- $35,701,629
- Fair market value of assets
- $35,701,629
- Qualifying distributions
- $1,961,590
- Net investment income
- $2,400,180
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALERIE H GODDARD 3225 S MACDILL BLVD SUITE 129, TAMPA, FL 33629 | EXECUTIVE DIRECTOR | 20 | $78,750 |
| LINDSEY THOMPSON 6501 TWIN OAKS DR, PLANO, TX 75024 | PRESIDENT | 10 | $25,000 |
| JOHN SETTICH 8664 DEER CREEK RD, ATCHISON, KS 66002 | VICE PRESIDENT | 1 | $5,000 |
| DAN CAREY 15412 W BLUE VERDE DR, SUN CITY WEST, AZ 85375 | TREASURER | 1 | $5,000 |
| JULIE WESTERMAN 6213 BOXCAR RUN, AUSTIN, TX 78745 | DIRECTOR | 1 | $5,000 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALERIE H GODDARD 3225 S MACDILL BLVD SUITE 129, TAMPA, FL 33629 | EXECUTIVE DIRECTOR | 20 | $78,750 |
| LINDSEY THOMPSON 6501 TWIN OAKS DR, PLANO, TX 75024 | PRESIDENT | 10 | $25,000 |
| JOHN SETTICH 8664 DEER CREEK RD, ATCHISON, KS 66002 | VICE PRESIDENT | 1 | $5,000 |
| DAN CAREY 15412 W BLUE VERDE DR, SUN CITY WEST, AZ 85375 | TREASURER | 1 | $5,000 |
| JULIE WESTERMAN 6213 BOXCAR RUN, AUSTIN, TX 78745 | DIRECTOR | 1 | $5,000 |
Address and contacts
- Address (IRS master file)
- 6505 W PARK BLVD 306-294, PLANO, TX 75093-6208
- In care of
- % LAURA WESTERMAN
- Signed the 990-PF
- LINDSEY THOMPSON, PRESIDENT
- Phone
- (813) 257-9477
- Website
- THEWESTERMANFOUNDATION.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-2897679
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $35,701,629
- Income (IRS master file)
- $6,744,871
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,348,199 | $2,143,548 | $35,701,629 | XML |
| 990-PF | December 2023 | $561,991 | $1,952,769 | $34,116,770 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 75-2897679).
Questions about WESTERMAN FOUNDATION
- What is the EIN of WESTERMAN FOUNDATION?
- The employer identification number (EIN) of WESTERMAN FOUNDATION is 75-2897679.
- Is WESTERMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to WESTERMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WESTERMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WESTERMAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WESTERMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WESTERMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $78,750 (VALERIE H GODDARD, EXECUTIVE DIRECTOR).
- How much revenue does WESTERMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,348,199, expenses of $2,143,548 and total assets of $35,701,629 at year end.
Other nonprofits in PLANO
- NTFB - PEROT FAMILY CAMPUS EIN 82-1959635 · last filed 990 for 2025
- LU FAMILY FOUNDATION EIN 75-2953588 · last filed 990-PF for 2024
- HORIZON FOUNDATION EIN 75-2947962 · last filed 990-PF for 2024
- ORPHANS IN NEED USA INC EIN 86-1513003 · last filed 990 for 2024
- FISHER GLOBAL FOUNDATION EIN 99-1958855 · last filed 990-PF for 2024
- S-G OWNERS ASSOCIATION INC EIN 76-0597825 · last filed 990 for 2024
- HOPE CENTER FOUNDATION EIN 26-1590757 · last filed 990-PF for 2025
- XY FOUNDATION EIN 41-2369002 · last filed 990-PF for 2025
All nonprofits in PLANO · Texas · Philanthropy, voluntarism and grantmaking foundations