- Revenue 2023
- $4,533,044
- Expenses 2023
- $149,923
Program services were 35.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- K99
- Classification
- 1000
- Street
- 1919 OAKWELL FARMS PKWY STE 100
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2023
Mission
The Foundation provides financial and other resources in support exclusively for Texas Agricultural Land Trust ("TALT"), a Texas tax exempt nonprofit corporation, classified as a 501(c)(3) organization.
Activities or mission (Part I)
The Foundation provides financial support and other resources exclusively for TALT.
-
The Foundation holds and manages the endowment assets of the Texas Agricultural Land Trust and solicits financial support for the Land Trust's operations. The Foundation created the Forever Texas Fund Endowment, which provides investment income to support the operating needs of the Texas Agricultural Land Trust in perpetuity. The Foundation reached its initial goal of raising $10,000,000 during the fiscal year 2024 and will begin making distributions for operations in fiscal year 2025. The Foundation also manages the investment income and disbursements for the Stewardship Endowment, which provides funding for the stewardship of the conservation easements held by the Texas Agricultural Land Trust.
Expenses $53,531 · Grants $53,531
As filed on the 2023 return.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Chad Ellis
Chief Executive Officer
- Total calculated
- $167,821
- From this org
- $0
- From related orgs
- $158,090
- Other
- $9,731
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $158,090 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $5,111 related
- Nontaxable benefits
- $0 + $4,620 related
- Filer's total
- $0 + $167,821 related
-
Joseph Fitzsimons
Chair
- Total calculated
- $0
- Hours/week
- 1
-
David Crow
Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Toby Calvert
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Perry Bass II
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Will Harte
Director
- Total calculated
- $0
- Hours/week
- 1
-
Karen Hixon
Director
- Total calculated
- $0
- Hours/week
- 1
-
Watt Matthews
Director
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Carter Smith
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $4,533,044
- Expenses
- $149,923
- Contributions
- $4,345,993
- Grants paid
- $53,531
-
2022
- Revenue
- $1,978,417
- Expenses
- $82,346
- Contributions
- $1,945,638
- Grants paid
- $48,363
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,794,847
- Expenses
- $60,768
- Assets (EOY)
- $6,498,938
-
2020 · 990
- Revenue
- $232,356
- Expenses
- $49,542
- Assets (EOY)
- $4,527,479
-
2019 · 990
- Revenue
- $608,809
- Expenses
- $38,732
- Assets (EOY)
- $3,093,334
-
2018 · 990
- Revenue
- $1,176,545
- Expenses
- $24,010
- Assets (EOY)
- $2,904,533
-
2017 · 990
- Revenue
- $131,011
- Expenses
- $13,240
- Assets (EOY)
- $1,852,535
-
2016 · 990
- Revenue
- $745,702
- Expenses
- $3,179
- Assets (EOY)
- $1,674,431
-
2015 · 990
- Revenue
- $101
- Expenses
- $6,416
- Assets (EOY)
- $911,482
-
2014 · 990
- Revenue
- $978,617
- Expenses
- $4,032
- Assets (EOY)
- $988,617
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
$53,531
2023 Monitoring of conservation easement portfolio
-
$48,363
2022 General support
Grants received
-
2022 BIRDWELL & CLARK RANCH SUPPORT
-
2022 ENVIRONMENTAL
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2023 return
-
501(c)(3) · Land conservation · TX
Declared as related by
-
On its 2023 return as a controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility SO.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.