Nonprofit · EIN 75-6061282
MCGLOTHLIN FOUNDATION
Tax-exempt · ABILENE, TX 79604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,762,493 | $242,643 | $2,519,850 | $4,355,717 | $0 | $4,355,717 |
| December 31, 2024 | 990-PF | $116,286 | $39,295 | $76,991 | $3,868,903 | $0 | $3,868,903 |
| December 31, 2023 | 990-PF | -$5,686 | $6,581 | -$12,267 | $40,058 | $0 | $40,058 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $105,194
- Interest
- $864
- Net gain from sales of assets
- $2,426,973
- Other income
- $229,462
Expenses
- Grants and similar amounts paid
- $185,600
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $185,600
- Excise tax on investment income
- $38,398
Balance sheet and other
- Total assets, start of year
- $3,868,903
- Total assets, end of year
- $4,355,717
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,355,717
- Fair market value of assets
- $4,355,717
- Qualifying distributions
- $185,600
- Net investment income
- $2,762,430
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC OLIVER PO BOX 89, ABILENE, TX 79604 | PRESIDENT, DIRECTOR | 0 | $0 |
| COLE OLIVER PO BOX 89, ABILENE, TX 79604 | VP/SECRETARY/DIRECTOR | 0 | $0 |
| MELINDA WILSON PO BOX 89, ABILENE, TX 79604 | Treasurer | 0 | $0 |
| KARYN MCGLOTHLIN HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| NITA MCGLOTHLIN RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| CARYL MCGLOTHLIN PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| DANNA MCGLOTHLIN OLIVER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| RALPH D HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| TIM S RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| SCOTT F PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC OLIVER PO BOX 89, ABILENE, TX 79604 | PRESIDENT, DIRECTOR | 0 | $0 |
| COLE OLIVER PO BOX 89, ABILENE, TX 79604 | VP/SECRETARY/DIRECTOR | 0 | $0 |
| MELINDA WILSON PO BOX 89, ABILENE, TX 79604 | Treasurer | 0 | $0 |
| KARYN MCGLOTHLIN HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| NITA MCGLOTHLIN RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| CARYL MCGLOTHLIN PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| DANNA MCGLOTHLIN OLIVER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| RALPH D HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| TIM S RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| SCOTT F PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC OLIVER PO BOX 89, ABILENE, TX 79604 | PRESIDENT, DIRECTOR | 0 | $0 |
| COLE OLIVER PO BOX 89, ABILENE, TX 79604 | VP/SECRETARY/DIRECTOR | 0 | $0 |
| MELINDA WILSON PO BOX 89, ABILENE, TX 79604 | Treasurer | 0 | $0 |
| KARYN MCGLOTHLIN HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| NITA MCGLOTHLIN RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| CARYL MCGLOTHLIN PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| DANNA MCGLOTHLIN OLIVER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| RALPH D HENLEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| TIM S RAMPEY PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
| SCOTT F PARKER PO BOX 89, ABILENE, TX 79604 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 89, ABILENE, TX 79604-0089
- In care of
- % PATSY MORAN
- Signed the 990-PF
- ERIC OLIVER, PRESIDENT, DIRECTOR
- Phone
- (325) 677-6177
- Return prepared by
- Burchell Denson & Morrison 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 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 | 990-PF 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
- 75-6061282
- 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
- 1967
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,355,717
- Income (IRS master file)
- $2,824,497
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,762,493 | $242,643 | $4,355,717 | IRS |
| 990-PF | December 2024 | $116,286 | $39,295 | $3,868,903 | IRS |
| 990-PF | December 2023 | -$5,686 | $6,581 | $40,058 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 75-6061282).
Questions about MCGLOTHLIN FOUNDATION
- What is the EIN of MCGLOTHLIN FOUNDATION?
- The employer identification number (EIN) of MCGLOTHLIN FOUNDATION is 75-6061282.
- Is MCGLOTHLIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
- Are donations to MCGLOTHLIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCGLOTHLIN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCGLOTHLIN 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 MCGLOTHLIN 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 MCGLOTHLIN FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does MCGLOTHLIN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,762,493, expenses of $242,643 and total assets of $4,355,717 at year end.
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