W J Brace Charitable Tr

Dallas, TX
Tax-exempt since Jan. 2011
EIN: 59-7244050

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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.

Category: Human Services — Multipurpose and Other / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Revenue

$752k (2025)

Expenses

$474k (2025)

Total Assets

$7.71M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2012 to 2025

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 Feb.
2025

Revenue

$752,361

Expenses

$474,054

Net Income

$278,307

Net Assets

$7,707,533

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$230,385	30.6%
Sales of Assets	$521,976	69.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$410,263	86.5%
Compensation of Officers*	$65,799	13.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,707,533
Total Liabilities	$0
Net Assets	$7,707,533

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$65,799	$0

990-PF

Filed on June 20, 2025

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Feb.
2024

Revenue

$293,342

Expenses

$457,031

Net Income

-$163,689

Net Assets

$7,419,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$203,982	69.5%
Sales of Assets	$89,360	30.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$409,162	89.5%
Compensation of Officers*	$58,531	12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,419,093
Total Liabilities	$0
Net Assets	$7,419,093

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$58,531	$0

990-PF

Filed on June 25, 2024

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2023

Revenue

-$147,561

Expenses

$523,130

Net Income

-$670,691

Net Assets

$7,581,416

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$160,473
Sales of Assets	-$308,034
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$457,838	87.5%
Compensation of Officers*	$60,114	11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,581,416
Total Liabilities	$0
Net Assets	$7,581,416

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$60,114	$0

990-PF

Filed on May 2, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2022

Revenue

$1,668,384

Expenses

$467,542

Net Income

$1,200,842

Net Assets

$8,217,198

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$165,956	9.9%
Sales of Assets	$1,502,428	90.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$408,850	87.4%
Compensation of Officers*	$62,740	13.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,217,198
Total Liabilities	$0
Net Assets	$8,217,198

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America (Trustee)	$62,740	$0

990-PF

Filed on May 3, 2022

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Feb.
2021

Revenue

$537,619

Expenses

$431,565

Net Income

$106,054

Net Assets

$7,698,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$134,469	25.0%
Sales of Assets	$403,150	75.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$386,069	89.5%
Compensation of Officers*	$55,235	12.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,698,730
Total Liabilities	$1
Net Assets	$7,698,729

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$55,235	$0

990-PF

Filed on June 21, 2021

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Feb.
2020

Revenue

$603,102

Expenses

$427,767

Net Income

$175,335

Net Assets

$6,942,961

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$178,095	29.5%
Sales of Assets	$425,007	70.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$388,744	90.9%
Compensation of Officers*	$54,268	12.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,942,962
Total Liabilities	$1
Net Assets	$6,942,961

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$54,268	$0

990-PF

Filed on May 21, 2020

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2019

Revenue

$435,071

Expenses

$435,619

Net Income

-$548

Net Assets

$6,793,416

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$151,823	34.9%
Sales of Assets	$283,248	65.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$371,952	85.4%
Compensation of Officers*	$53,624	12.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,793,416
Total Liabilities	$0
Net Assets	$6,793,416

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$53,624	$0

990-PF

Filed on May 30, 2019

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

Fiscal Year Ending Feb.
2017

Revenue

$322,417

Expenses

$391,181

Net Income

-$68,764

Net Assets

$6,565,445

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$144,682	44.9%
Sales of Assets	$177,735	55.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$352,667	90.2%
Compensation of Officers*	$50,795	13.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,565,445
Total Liabilities	$0
Net Assets	$6,565,445

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$50,795	$0

990-PF

Filed on June 1, 2017

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2016

Revenue

$153,482

Expenses

$410,350

Net Income

-$256,868

Net Assets

$6,576,847

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$165,994	> 100%
Sales of Assets	-$12,512
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$371,437	90.5%
Compensation of Officers*	$51,605	12.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,576,847
Total Liabilities	$0
Net Assets	$6,576,847

Compensation

Key Employees and Officers	Compensation	Other
Bank Of America N A (Trustee)	$51,605	$0

990-PF

Filed on June 9, 2016

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Feb.
2015

Revenue

$261,644

Expenses

$389,356

Net Income

-$127,712

Net Assets

$6,800,490

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$150,623	57.6%
Sales of Assets	$111,021	42.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$349,326	89.7%
Compensation of Officers*	$55,269	14.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,800,490
Total Liabilities	$0
Net Assets	$6,800,490

990-PF

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

PDF

Fiscal Year Ending Feb.
2014

Revenue

$332,971

Expenses

$391,816

Net Income

-$58,845

Net Assets

$6,875,539

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$159,890	48.0%
Sales of Assets	$174,514	52.4%
Other Income	-$1,433

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$352,733	90.0%
Compensation of Officers*	$54,262	13.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,875,539
Total Liabilities	$0
Net Assets	$6,875,539

990-PF

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

PDF

Fiscal Year Ending Feb.
2013

Revenue

$452,514

Expenses

$398,611

Net Income

$53,903

Net Assets

$6,885,032

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$135,320	29.9%
Sales of Assets	$317,155	70.1%
Other Income	$39	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$354,878	89.0%
Compensation of Officers*	$52,130	13.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,885,032
Total Liabilities	$0
Net Assets	$6,885,032

990-PF

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

PDF

Fiscal Year Ending Feb.
2012

Revenue

$757,714

Expenses

$366,406

Net Income

$391,308

Net Assets

$6,828,087

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$185,482	24.5%
Sales of Assets	$571,038	75.4%
Other Income	$1,194	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$330,826	90.3%
Compensation of Officers*	$49,203	13.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,828,087
Total Liabilities	$0
Net Assets	$6,828,087

990-PF

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

PDF

PDF (2 of 2)

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What Is This Data?

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.

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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.

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W J Brace Charitable Tr

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $752k (2025)

Expenses $474k (2025)

Total Assets $7.71M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Feb. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Feb. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Feb. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Feb. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Feb. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$752k (2025)

Expenses

$474k (2025)

Total Assets

$7.71M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Feb.
2025

Fiscal Year Ending Feb.
2024

Fiscal Year Ending Feb.
2023

Fiscal Year Ending Feb.
2022

Fiscal Year Ending Feb.
2021

Fiscal Year Ending Feb.
2020

Fiscal Year Ending Feb.
2019

Fiscal Year Ending Feb.
2018

Fiscal Year Ending Feb.
2017

Fiscal Year Ending Feb.
2016

Fiscal Year Ending Feb.
2015

Fiscal Year Ending Feb.
2014

Fiscal Year Ending Feb.
2013

Fiscal Year Ending Feb.
2012

Fiscal Year Ending Feb.
2011

Fiscal Year Ending Feb.
2010

Fiscal Year Ending Feb.
2009

Fiscal Year Ending Feb.
2008

Fiscal Year Ending Feb.
2007

Fiscal Year Ending Feb.
2006

Fiscal Year Ending Feb.
2005

Fiscal Year Ending Feb.
2004

Fiscal Year Ending Feb.
2003