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Nonprofit · EIN 75-6007565

HILLCREST FOUNDATION

Tax-exempt · DALLAS, TX 75265

Financials

$9M$9.8M2022$18.6M$8.9M2023$12.4M$9.8M2024
Revenue Expenses · by fiscal year end
Financials of HILLCREST FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-PF$12,439,273$9,829,886$2,609,387$145,239,395$0$145,239,395
May 31, 2024990-PF$18,643,833$8,906,307$9,737,526$142,314,920$0$142,314,920
May 31, 2023990-PF$8,964,060$9,830,452-$866,392$131,936,527$0$131,936,527
Financial details: 990-PF for the year ended May 31, 2025

Revenue

Dividends
$4,686,666
Net gain from sales of assets
$7,752,567
Other income
$40

Expenses

Grants and similar amounts paid
$7,985,537
Compensation of officers, directors and key employees
$605,334
Disbursements for charitable purposes
$8,827,816
Excise tax on investment income
$161,974

Balance sheet and other

Total assets, start of year
$142,314,920
Total assets, end of year
$145,239,395
Total liabilities, end of year
$0
Net assets, end of year
$145,239,395
Fair market value of assets
$180,731,696
Qualifying distributions
$8,827,816
Net investment income
$12,424,230

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BANK OF AMERICA
PO BOX 653067, DALLAS, TX 752653067
CORP-TRUSTEE1$605,334
WW CARUTH III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
D HAROLD BYRD III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
SANDRA ESTESS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
TIMOTHY R VAUGHAN
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
ALAN J PERKINS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
990-PF for the year ended May 31, 2024: 5 people
NameTitleHours / weekCompensation
BANK OF AMERICA
PO BOX 653067, DALLAS, TX 752653067
CORP-TRUSTEE1$560,250
WW CARUTH III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
D HAROLD BYRD III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
SANDRA ESTESS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
ALAN J PERKINS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
990-PF for the year ended May 31, 2023: 5 people
NameTitleHours / weekCompensation
BANK OF AMERICA
PO BOX 653067, DALLAS, TX 752653067
CORP-TRUSTEE1$543,664
WW CARUTH III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
D HAROLD BYRD III
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
SANDRA ESTESS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0
ALAN J PERKINS
PO BOX 653067, DALLAS, TX 752653067
CO-TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 653067, DALLAS, TX 75265-3067
In care of
% NATIONSBANK OF TEXAS NA TTEE
Signed the 990-PF
NINA BEHAN BANK OF AMERICA NA, TRUSTEE
Phone
(888) 866-3275
Return prepared by
LANE GORMAN TRUBITT LLC

What it must file and when

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

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-PF on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
75-6007565
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
1960
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$145,239,395
Income (IRS master file)
$58,248,714

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2025$12,439,273$9,829,886$145,239,395XML
990-PFMay 2024$18,643,833$8,906,307$142,314,920XML
990-PFMay 2023$8,964,060$9,830,452$131,936,527XML
990-PFMay 2022–––IRS
990-PFMay 2021–––IRS
990-PFMay 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 75-6007565).

Questions about HILLCREST FOUNDATION

What is the EIN of HILLCREST FOUNDATION?
The employer identification number (EIN) of HILLCREST FOUNDATION is 75-6007565.
Is HILLCREST FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to HILLCREST FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HILLCREST FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HILLCREST FOUNDATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILLCREST FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2025.
Who are the officers and directors of HILLCREST FOUNDATION?
The 990-PF for the year ended May 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $605,334 (BANK OF AMERICA, CORP-TRUSTEE).
How much revenue does HILLCREST FOUNDATION have?
On its 990-PF for the year ended May 31, 2025 it reported revenue of $12,439,273, expenses of $9,829,886 and total assets of $145,239,395 at year end.

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