Gorman Foundation

Fair Oaks, TX
Tax-exempt since May 1997
EIN: 74-2822598

Receive an email when new data is available for this organization.

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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

−$146k (2024)

Expenses

$249k (2024)

Total Assets

$3.05M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

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

-$145,545

Expenses

$249,163

Net Income

-$394,708

Net Assets

$3,048,206

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$679
Dividends	$72,864
Sales of Assets	-$214,530
Other Income	-$4,558

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$211,194	84.8%
Compensation of Officers*	$5,500	2.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,048,206
Total Liabilities	$0
Net Assets	$3,048,206

Compensation

Key Employees and Officers	Compensation	Other
Samuel Cain Ellis (Secretary And Treasurer)	$5,500	$0
James W Gorman Iii (President & Board Chairman)	$0	$0
Amy Gorman Ellis (Vice President)	$0	$0
Carly A Collins (Director)	$0	$0
Michael A Schott As Of June 2024 (Director)	$0	$0

+ View more people

990-PF

Filed on Jan. 21, 2026

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

View Filing

Schedules ▼

XML

View Filing (2 of 2)

Fiscal Year Ending Dec.
2023

Revenue

$61,500

Expenses

$208,156

Net Income

-$146,656

Net Assets

$2,892,720

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$825	1.3%
Dividends	$71,317	> 100%
Sales of Assets	$15,835	25.7%
Other Income	-$26,477

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$164,497	79.0%
Compensation of Officers*	$11,500	5.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,895,625
Total Liabilities	$2,905
Net Assets	$2,892,720

Compensation

Key Employees and Officers	Compensation	Other
Samuel Cain Ellis (Secretary And Treasurer)	$11,500	$0
James W Gorman Iii (President & Board Chairman)	$0	$0
Amy Gorman Ellis (Vice President)	$0	$0
Michael A Schott (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2024

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$36,878

Expenses

$309,758

Net Income

-$272,880

Net Assets

$2,318,133

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$505	1.4%
Dividends	$73,623	> 100%
Sales of Assets	-$53,464
Other Income	$16,214	44.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$278,669	90.0%
Compensation of Officers*	$3,000	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,017,544
Total Liabilities	$699,411
Net Assets	$2,318,133

Compensation

Key Employees and Officers	Compensation	Other
Samuel Cain Ellis (Secretary)	$3,000	$0
James W Gorman Iii (Chairman & Treasurer)	$0	$0
Michael A Schott (President & Ceo)	$0	$0
Amy Gorman Ellis (Vice President)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$77,633

Expenses

$466,933

Net Income

-$389,300

Net Assets

$2,591,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$494	0.6%
Dividends	$67,975	87.6%
Sales of Assets	$8,993	11.6%
Other Income	$171	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$403,381	86.4%
Compensation of Officers*	$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	$2,593,047
Total Liabilities	$1,862
Net Assets	$2,591,185

Compensation

Key Employees and Officers	Compensation	Other
Amy Gorman Ellis (Vice President)	$0	$0
Michael A Schott (President & Ceo)	$0	$0
Samuel Cain Ellis (Secretary)	$0	$0

990-PF

Filed on Nov. 11, 2022

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

-$28,032

Expenses

$475,033

Net Income

-$503,065

Net Assets

$2,976,069

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$483
Dividends	$88,680
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$357,095	75.2%
Compensation of Officers*	$3,750	0.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,976,070
Total Liabilities	$1
Net Assets	$2,976,069

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary & Treasurer)	$3,750	$0
Rowena C Gorman (Chairman)	$0	$0
Michael A Schott (President & Ceo)	$0	$0

990-PF

Filed on Oct. 12, 2021

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$55,038

Expenses

$617,821

Net Income

-$562,783

Net Assets

$3,473,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$824	1.5%
Dividends	$81,312	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$587,630	95.1%
Compensation of Officers*	$7,500	1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,488,935
Total Liabilities	$15,772
Net Assets	$3,473,163

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary & Treasurer)	$7,500	$0
James W Gorman Jr (Chairman)	$0	$0
Rowena C Gorman (Vice President)	$0	$0
Michael A Schott (President & Ceo)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2020

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$736,510

Expenses

$573,647

Net Income

$162,863

Net Assets

$4,035,116

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,640	0.2%
Dividends	$114,071	15.5%
Sales of Assets	$620,798	84.3%
Other Income	$1	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$555,970	96.9%
Compensation of Officers*	$7,500	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,035,116
Total Liabilities	$0
Net Assets	$4,035,116

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary)	$7,500	$0
James W Gorman Jr (Chairman)	$0	$0
Rowena C Gorman (Vice President)	$0	$0
David A Gorman (Treasurer)	$0	$0
Michael A Schott (President & Ceo)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2019

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$414,713

Expenses

$551,704

Net Income

-$136,991

Net Assets

$3,899,277

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,861	0.7%
Dividends	$107,654	26.0%
Sales of Assets	$303,631	73.2%
Other Income	$567	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$538,954	97.7%
Compensation of Officers*	$7,500	1.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,907,537
Total Liabilities	$8,260
Net Assets	$3,899,277

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary)	$7,500	$0
James W Gorman Jr (Chairman)	$0	$0
Rowena C Gorman (Vice President)	$0	$0
David A Gorman (Treasurer)	$0	$0
Michael A Schott (President & Ceo)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2018

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

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 Dec.
2015

Revenue

$246,408

Expenses

$585,266

Net Income

-$338,858

Net Assets

$4,618,046

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$70	0.0%
Dividends	$95,763	38.9%
Sales of Assets	$182,490	74.1%
Other Income	-$31,915

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$571,616	97.7%
Compensation of Officers*	$7,500	1.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,618,046
Total Liabilities	$0
Net Assets	$4,618,046

990-PF

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$633,193

Expenses

$515,041

Net Income

$118,152

Net Assets

$4,968,790

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,941	0.3%
Dividends	$94,241	14.9%
Sales of Assets	$536,257	84.7%
Other Income	$754	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$496,060	96.3%
Compensation of Officers*	$7,500	1.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,968,790
Total Liabilities	$0
Net Assets	$4,968,790

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary)	$7,500	$0
James W Gorman Jr (Chairman)	$0	$0
Rowena C Gorman (Vice President)	$0	$0
David A Gorman (Treasurer)	$0	$0
Michael A Schott (President & Ceo)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2015

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$237,487

Expenses

$771,757

Net Income

-$534,270

Net Assets

$4,761,530

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,950	3.3%
Dividends	$90,531	38.1%
Sales of Assets	$87,023	36.6%
Other Income	$51,983	21.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$758,900	98.3%
Compensation of Officers*	$7,500	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,761,530
Total Liabilities	$0
Net Assets	$4,761,530

Compensation

Key Employees and Officers	Compensation	Other
Frances M Coker (Secretary)	$7,500	$0
James W Gorman Jr (President)	$0	$0
Rowena C Gorman (Vice President)	$0	$0
David A Gorman (Treasurer)	$0	$0
Michael A Schott (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 17, 2014

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$254,311

Expenses

$483,364

Net Income

-$229,053

Net Assets

$5,262,356

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,525	2.6%
Dividends	$40,391	15.9%
Sales of Assets	$205,602	80.8%
Other Income	$1,793	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$477,264	98.7%
Compensation of Officers*	$7,500	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,262,357
Total Liabilities	$1
Net Assets	$5,262,356

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$486,875

Expenses

$689,640

Net Income

-$202,765

Net Assets

$5,517,629

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,336	0.9%
Dividends	$92,798	19.1%
Sales of Assets	$389,741	80.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$689,640	100%
Compensation of Officers*	$5,000	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	$5,517,630
Total Liabilities	$1
Net Assets	$5,517,629

990-PF

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

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

PDF

About This Data

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.

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.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated March 23, 2026

Gorman Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue −$146k (2024)

Expenses $249k (2024)

Total Assets $3.05M (2024)

Total Liabilities $0 (2024)

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

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

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

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

−$146k (2024)

Expenses

$249k (2024)

Total Assets

$3.05M (2024)

Total Liabilities

$0 (2024)

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

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001