The Nation Foundation

Dallas, TX
Tax-exempt since Aug. 2001
EIN: 75-2942544

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

Donations to this organization are tax deductible.

Revenue

$2.35M (2024)

Expenses

$1.23M (2024)

Total Assets

$18.9M (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 Dec.
2024

Revenue

$2,345,148

Expenses

$1,232,288

Net Income

$1,112,860

Net Assets

$18,946,968

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$483,326	20.6%
Sales of Assets	$1,861,822	79.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,103,039	89.5%
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	$18,946,968
Total Liabilities	$0
Net Assets	$18,946,968

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 1, 2025

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

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Schedules ▼

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Fiscal Year Ending Dec.
2023

Revenue

$927,107

Expenses

$1,421,632

Net Income

-$494,525

Net Assets

$18,013,956

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$200,833	21.7%
Interest Revenue	$0
Dividends	$402,112	43.4%
Sales of Assets	$324,162	35.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,308,995	92.1%
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	$18,013,956
Total Liabilities	$0
Net Assets	$18,013,956

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 6, 2024

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

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Schedules ▼

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Fiscal Year Ending Dec.
2022

Revenue

-$74,380

Expenses

$1,403,762

Net Income

-$1,478,142

Net Assets

$18,473,160

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$292,021
Sales of Assets	-$366,401
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,282,342	91.4%
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	$18,477,160
Total Liabilities	$4,000
Net Assets	$18,473,160

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on April 10, 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

$1,948,597

Expenses

$1,170,413

Net Income

$778,184

Net Assets

$19,983,429

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$331,286	17.0%
Sales of Assets	$1,617,311	83.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,037,536	88.6%
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	$19,983,429
Total Liabilities	$0
Net Assets	$19,983,429

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 24, 2022

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

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Schedules ▼

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Fiscal Year Ending Dec.
2020

Revenue

$555,397

Expenses

$227,728

Net Income

$327,669

Net Assets

$19,213,954

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,000	2.7%
Interest Revenue	$0
Dividends	$318,493	57.3%
Sales of Assets	$221,904	40.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$105,784	46.5%
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	$19,213,955
Total Liabilities	$1
Net Assets	$19,213,954

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on June 11, 2021

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

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XML

Fiscal Year Ending Dec.
2019

Revenue

$540,874

Expenses

$919,552

Net Income

-$378,678

Net Assets

$18,580,413

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$442,974	81.9%
Sales of Assets	$97,900	18.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$802,709	87.3%
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	$18,580,414
Total Liabilities	$1
Net Assets	$18,580,413

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on Nov. 11, 2020

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

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PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$1,156,983

Expenses

$350,674

Net Income

$806,309

Net Assets

$19,106,907

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$679,108	58.7%
Sales of Assets	$477,875	41.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$226,689	64.6%
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	$19,106,907
Total Liabilities	$0
Net Assets	$19,106,907

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 13, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$582,532

Expenses

$267,903

Net Income

$314,629

Net Assets

$19,270,403

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,000	0.2%
Interest Revenue	$0
Dividends	$549,067	94.3%
Sales of Assets	$32,465	5.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$138,383	51.7%
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	$19,270,403
Total Liabilities	$0
Net Assets	$19,270,403

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 14, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$4,129,467

Expenses

$114,858

Net Income

$4,014,609

Net Assets

$18,987,209

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$943,956	22.9%
Interest Revenue	$0
Dividends	$470,806	11.4%
Sales of Assets	$2,714,705	65.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,560	32.7%
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	$18,987,209
Total Liabilities	$0
Net Assets	$18,987,209

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 15, 2017

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

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$3,747,761

Expenses

$835,736

Net Income

$2,912,025

Net Assets

$14,992,829

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,694,436	71.9%
Interest Revenue	$0
Dividends	$202,127	5.4%
Sales of Assets	$851,198	22.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$783,010	93.7%
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	$14,992,829
Total Liabilities	$0
Net Assets	$14,992,829

990-PF

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$3,773,147

Expenses

$1,684,696

Net Income

$2,088,451

Net Assets

$12,096,866

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,855,980	75.7%
Interest Revenue	$0
Dividends	$208,541	5.5%
Sales of Assets	$708,626	18.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,661,790	98.6%
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	$12,096,866
Total Liabilities	$0
Net Assets	$12,096,866

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on May 11, 2015

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

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Fiscal Year Ending Dec.
2013

Revenue

$2,313,307

Expenses

$152,071

Net Income

$2,161,236

Net Assets

$9,529,330

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,505,841	65.1%
Interest Revenue	$4	0.0%
Dividends	$163,960	7.1%
Sales of Assets	$643,502	27.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$138,504	91.1%
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	$9,529,330
Total Liabilities	$0
Net Assets	$9,529,330

Compensation

Key Employees and Officers	Compensation	Other
James Nation (Director)	$0	$0
Sally Nation (Director)	$0	$0

990-PF

Filed on Aug. 15, 2014

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

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$1,859,462

Expenses

$202,456

Net Income

$1,657,006

Net Assets

$7,375,283

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500,000	80.7%
Interest Revenue	$8	0.0%
Dividends	$163,244	8.8%
Sales of Assets	$196,210	10.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$190,805	94.2%
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	$7,375,283
Total Liabilities	$0
Net Assets	$7,375,283

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,579,698

Expenses

$479,979

Net Income

$1,099,719

Net Assets

$5,720,367

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500,000	95.0%
Interest Revenue	$11	0.0%
Dividends	$98,281	6.2%
Sales of Assets	$0
Other Income	$3,830	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$469,550	97.8%
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	$5,720,367
Total Liabilities	$0
Net Assets	$5,720,367

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

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The Nation Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.35M (2024)

Expenses $1.23M (2024)

Total Assets $18.9M (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

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

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

Revenue

$2.35M (2024)

Expenses

$1.23M (2024)

Total Assets

$18.9M (2024)

Total Liabilities

$0 (2024)

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2024

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