Aaron Forman Trust

Galveston, TX
Tax-exempt since March 1981
EIN: 74-6284810

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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.

Donations to this organization are tax deductible.

Revenue

$58.5k (2024)

Expenses

$42.6k (2024)

Total Assets

$718k (2024)

Total Liabilities

$0 (2024)

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 Oct.
2024

Revenue

$58,520

Expenses

$42,573

Net Income

$15,947

Net Assets

$717,806

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,549	2.6%
Dividends	$22,934	39.2%
Sales of Assets	$34,037	58.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,021	87.0%
Compensation of Officers*	$10,587	24.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$717,806
Total Liabilities	$0
Net Assets	$717,806

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$10,587	$0

990-PF

Filed on March 17, 2025

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

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Fiscal Year Ending Oct.
2023

Revenue

$18,367

Expenses

$44,307

Net Income

-$25,940

Net Assets

$701,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,403	7.6%
Dividends	$21,578	> 100%
Sales of Assets	-$5,022
Other Income	$408	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,976	88.0%
Compensation of Officers*	$9,935	22.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$701,845
Total Liabilities	$0
Net Assets	$701,845

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$9,935	$0

990-PF

Filed on March 25, 2024

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

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Fiscal Year Ending Oct.
2022

Revenue

$26,578

Expenses

$45,049

Net Income

-$18,471

Net Assets

$727,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$226	0.9%
Dividends	$20,395	76.7%
Sales of Assets	$4,441	16.7%
Other Income	$1,516	5.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,680	85.9%
Compensation of Officers*	$10,814	24.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$727,785
Total Liabilities	$0
Net Assets	$727,785

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$10,814	$0

990-PF

Filed on March 15, 2023

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

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Fiscal Year Ending Oct.
2021

Revenue

$75,172

Expenses

$44,780

Net Income

$30,392

Net Assets

$746,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$15,516	20.6%
Sales of Assets	$59,638	79.3%
Other Income	$16	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,842	86.7%
Compensation of Officers*	$12,774	28.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$746,273
Total Liabilities	$0
Net Assets	$746,273

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$12,774	$0

990-PF

Filed on May 19, 2022

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

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Fiscal Year Ending Oct.
2020

Revenue

$38,857

Expenses

$43,985

Net Income

-$5,128

Net Assets

$715,880

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$100	0.3%
Dividends	$18,367	47.3%
Sales of Assets	$2,870	7.4%
Other Income	$17,520	45.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,495	83.0%
Compensation of Officers*	$9,060	20.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$715,881
Total Liabilities	$1
Net Assets	$715,880

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$9,060	$0

990-PF

Filed on Dec. 23, 2020

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

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Fiscal Year Ending Oct.
2019

Revenue

$39,861

Expenses

$42,335

Net Income

-$2,474

Net Assets

$721,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$439	1.1%
Dividends	$19,827	49.7%
Sales of Assets	$19,595	49.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,928	80.1%
Compensation of Officers*	$8,624	20.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$721,009
Total Liabilities	$1
Net Assets	$721,008

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$8,624	$0

990-PF

Filed on Feb. 5, 2020

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

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Fiscal Year Ending Oct.
2018

Revenue

$166,580

Expenses

$41,343

Net Income

$125,237

Net Assets

$723,483

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$564	0.3%
Dividends	$15,606	9.4%
Sales of Assets	$150,410	90.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$35,999	87.1%
Compensation of Officers*	$9,061	21.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$723,483
Total Liabilities	$0
Net Assets	$723,483

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$9,061	$0

990-PF

Filed on Feb. 1, 2019

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

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Fiscal Year Ending Oct.
2017

Revenue

$16,930

Expenses

$55,959

Net Income

-$39,029

Net Assets

$598,140

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,163	71.8%
Sales of Assets	$4,767	28.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,946	67.8%
Compensation of Officers*	$8,889	15.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$598,140
Total Liabilities	$0
Net Assets	$598,140

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$8,889	$0

990-PF

Filed on Jan. 30, 2018

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

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Fiscal Year Ending Oct.
2016

Revenue

$53,863

Expenses

$9,091

Net Income

$44,772

Net Assets

$637,205

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$145	0.3%
Dividends	$16,946	31.5%
Sales of Assets	$36,736	68.2%
Other Income	$36	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$7,716	84.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$637,205
Total Liabilities	$0
Net Assets	$637,205

Compensation

Key Employees and Officers	Compensation	Other
Frost Bank (Trustee)	$7,716	$0

990-PF

Filed on May 31, 2017

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

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Fiscal Year Ending Oct.
2015

Revenue

$62,604

Expenses

$49,815

Net Income

$12,789

Net Assets

$593,535

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,935	19.1%
Sales of Assets	$50,669	80.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,896	78.1%
Compensation of Officers*	$8,506	17.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$593,535
Total Liabilities	$0
Net Assets	$593,535

Compensation

Key Employees and Officers	Compensation	Other
Frost National Bank (Trustee)	$8,506	$0
Doris Pryzant (Trustee)	$0	$0

990-PF

Filed on March 22, 2016

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

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Fiscal Year Ending Oct.
2014

Revenue

$27,774

Expenses

$44,565

Net Income

-$16,791

Net Assets

$580,746

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,075	47.1%
Sales of Assets	$14,699	52.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,176	76.7%
Compensation of Officers*	$8,680	19.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$580,746
Total Liabilities	$0
Net Assets	$580,746

Compensation

Key Employees and Officers	Compensation	Other
Frost National Bank (Trustee)	$8,680	$0
Doris Pryzant (Trustee)	$0	$0

990-PF

Filed on Aug. 11, 2015

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

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Fiscal Year Ending Oct.
2013

Revenue

$39,624

Expenses

$7,936

Net Income

$31,688

Net Assets

$597,536

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,324	28.6%
Sales of Assets	$13,700	34.6%
Other Income	$14,600	36.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$6,618	83.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$597,537
Total Liabilities	$1
Net Assets	$597,536

990-PF

Filed on Oct. 30, 2014

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

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Fiscal Year Ending Oct.
2012

Revenue

$12,950

Expenses

$39,177

Net Income

-$26,227

Net Assets

$565,848

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,834	91.4%
Sales of Assets	$1,116	8.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,622	83.3%
Compensation of Officers*	$5,243	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	$565,849
Total Liabilities	$1
Net Assets	$565,848

990-PF

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

PDF

Fiscal Year Ending Oct.
2011

Revenue

$16,463

Expenses

$37,508

Net Income

-$21,045

Net Assets

$592,075

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,337	81.0%
Sales of Assets	$3,126	19.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,759	82.0%
Compensation of Officers*	$5,431	14.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$592,076
Total Liabilities	$1
Net Assets	$592,075

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

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

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Updated January 26, 2026

Aaron Forman Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $58.5k (2024)

Expenses $42.6k (2024)

Total Assets $718k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Oct. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$58.5k (2024)

Expenses

$42.6k (2024)

Total Assets

$718k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Oct.
2024

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Oct.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005

Fiscal Year Ending Oct.
2003

Fiscal Year Ending Oct.
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Fiscal Year Ending Oct.
2001