Mary K Fassett Memorial Trust

Dallas, TX
Tax-exempt since March 1974
EIN: 56-6037917

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$103,118

Expenses

$62,362

Net Income

$40,756

Net Assets

$1,014,114

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$29,244	28.4%
Sales of Assets	$73,874	71.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$56,749	91.0%
Compensation of Officers*	$4,761	7.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,014,114
Total Liabilities	$0
Net Assets	$1,014,114

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$4,761	$0

990-PF

Filed on April 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$32,522

Expenses

$47,480

Net Income

-$14,958

Net Assets

$974,424

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$25,892	79.6%
Sales of Assets	$4,008	12.3%
Other Income	$2,622	8.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,122	90.8%
Compensation of Officers*	$4,231	8.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$974,424
Total Liabilities	$0
Net Assets	$974,424

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$4,231	$0

990-PF

Filed on May 30, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

-$22,425

Expenses

$71,311

Net Income

-$93,736

Net Assets

$989,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$20,362
Sales of Assets	-$42,787
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,992	88.3%
Compensation of Officers*	$4,376	6.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$989,808
Total Liabilities	$0
Net Assets	$989,808

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$4,376	$0

990-PF

Filed on April 26, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$226,607

Expenses

$62,741

Net Income

$163,866

Net Assets

$1,083,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$21,554	9.5%
Sales of Assets	$205,053	90.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,481	88.4%
Compensation of Officers*	$4,897	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,083,512
Total Liabilities	$0
Net Assets	$1,083,512

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$4,897	$0

990-PF

Filed on April 19, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$76,219

Expenses

$59,112

Net Income

$17,107

Net Assets

$918,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,586	23.1%
Sales of Assets	$58,633	76.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$54,670	92.5%
Compensation of Officers*	$4,011	6.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$918,397
Total Liabilities	$1
Net Assets	$918,396

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$4,011	$0

990-PF

Filed on April 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$54,114

Expenses

$49,529

Net Income

$4,585

Net Assets

$901,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$23,399	43.2%
Sales of Assets	$30,715	56.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,903	88.6%
Compensation of Officers*	$3,907	7.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$901,420
Total Liabilities	$1
Net Assets	$901,419

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,907	$0

990-PF

Filed on April 23, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$80,477

Expenses

$44,889

Net Income

$35,588

Net Assets

$902,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$19,523	24.3%
Sales of Assets	$60,954	75.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,962	89.0%
Compensation of Officers*	$3,929	8.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$902,874
Total Liabilities	$0
Net Assets	$902,874

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,929	$0

990-PF

Filed on April 24, 2019

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$82,477

Expenses

$70,978

Net Income

$11,499

Net Assets

$865,804

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$19,000	23.0%
Sales of Assets	$63,477	77.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,083	94.5%
Compensation of Officers*	$3,753	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$865,804
Total Liabilities	$0
Net Assets	$865,804

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,753	$0

990-PF

Filed on March 29, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$5,373

Expenses

$36,816

Net Income

-$31,443

Net Assets

$869,761

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,975	> 100%
Sales of Assets	-$12,602
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,883	92.0%
Compensation of Officers*	$3,287	8.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$869,761
Total Liabilities	$0
Net Assets	$869,761

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,287	$0

990-PF

Filed on March 20, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$33,305

Expenses

$55,283

Net Income

-$21,978

Net Assets

$907,544

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$19,708	59.2%
Sales of Assets	$11,204	33.6%
Other Income	$2,393	7.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$52,455	94.9%
Compensation of Officers*	$3,382	6.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$907,544
Total Liabilities	$0
Net Assets	$907,544

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,382	$0

990-PF

Filed on April 29, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$26,266

Expenses

$53,308

Net Income

-$27,042

Net Assets

$929,800

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,157	69.1%
Sales of Assets	$8,109	30.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,733	83.9%
Compensation of Officers*	$3,899	7.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$929,800
Total Liabilities	$0
Net Assets	$929,800

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$3,899	$0

990-PF

Filed on April 29, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$167,283

Expenses

$48,485

Net Income

$118,798

Net Assets

$938,830

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,573	11.1%
Sales of Assets	$148,850	89.0%
Other Income	-$140

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,049	92.9%
Compensation of Officers*	$2,881	5.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$938,830
Total Liabilities	$0
Net Assets	$938,830

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$49,968

Expenses

$44,336

Net Income

$5,632

Net Assets

$816,072

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$22,441	44.9%
Sales of Assets	$27,526	55.1%
Other Income	$1	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$42,158	95.1%
Compensation of Officers*	$1,279	2.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$816,072
Total Liabilities	$0
Net Assets	$816,072

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$80,219

Expenses

$60,064

Net Income

$20,155

Net Assets

$816,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$31,934	39.8%
Sales of Assets	$48,285	60.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$59,008	98.2%
Compensation of Officers*	$401	0.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$816,797
Total Liabilities	$0
Net Assets	$816,797

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated April 20, 2026

Mary K Fassett Memorial Trust

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

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2003

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2002

Fiscal Year Ending Dec.
2001