Civic Intelligence

Texas Agricultural Land Trust Foundation

EIN 46-4540280 • 501(c)3 • San Antonio, TX

Profile

The Foundation provides financial and other resources in support exclusively for Texas Agricultural Land Trust ("TALT"), a Texas tax exempt nonprofit corporation, classified as a 501(c)(3) organization.

1919 Oakwell Farms Parkway 100San Antonio, TX 78218

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

93rd percentile

66%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

45th percentile

$173,759

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 19.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

50th percentile

4.4%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$14,518,434

Up $612,454 (+4.4%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$14,518,434

Up $612,454 (+4.4%) from 2024

Operations
Liabilities / Revenue7th percentileNet Margin93rd percentile

Revenue

Down

$886,910

Down $3,646,134 (-80%) from 2024

Expenses

Up

$303,545

Up $153,622 (+102%) from 2024

Net Income

Down

$583,365

Down $3,799,756 (-87%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2014: $1Liabilities 2014: $10,624Net Assets 2014: -$10,6242014Assets 2015: $988,617Liabilities 2015: $24,656Net Assets 2015: $963,9612015Assets 2016: $911,482Liabilities 2016: $31,072Net Assets 2016: $880,4102016Assets 2017: $1,674,431Liabilities 2017: $22,312Net Assets 2017: $1,652,1192017Assets 2018: $1,852,535Liabilities 2018: $23,743Net Assets 2018: $1,828,7922018Assets 2019: $2,904,533Liabilities 2019: $2,057Net Assets 2019: $2,902,4762019Assets 2020: $3,093,334Liabilities 2020: $4,491Net Assets 2020: $3,088,8432020Assets 2021: $4,527,479Liabilities 2021: $32,333Net Assets 2021: $4,495,1462021Assets 2022: $6,498,938Liabilities 2022: $163,333Net Assets 2022: $6,335,6052022Assets 2023: $8,129,260Liabilities 2023: $0Net Assets 2023: $8,129,2602023Assets 2024: $13,905,980Liabilities 2024: $0Net Assets 2024: $13,905,9802024Assets 2025: $14,518,434Liabilities 2025: $0Net Assets 2025: $14,518,4342025

Highlighted filing

2025

Assets$14,518,434
Liabilities$0
Net Assets$14,518,434
Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $0Expenses 2014: $10,624Net Income 2014: -$10,6242014Revenue 2015: $978,617Expenses 2015: $4,032Net Income 2015: $974,5852015Revenue 2016: $101Expenses 2016: $6,416Net Income 2016: -$6,3152016Revenue 2017: $745,702Expenses 2017: $3,179Net Income 2017: $742,5232017Revenue 2018: $131,011Expenses 2018: $13,240Net Income 2018: $117,7712018Revenue 2019: $1,176,545Expenses 2019: $24,010Net Income 2019: $1,152,5352019Revenue 2020: $608,809Expenses 2020: $38,732Net Income 2020: $570,0772020Revenue 2021: $232,356Expenses 2021: $49,542Net Income 2021: $182,8142021Revenue 2022: $1,794,847Expenses 2022: $60,768Net Income 2022: $1,734,0792022Revenue 2023: $1,978,417Expenses 2023: $82,346Net Income 2023: $1,896,0712023Revenue 2024: $4,533,044Expenses 2024: $149,923Net Income 2024: $4,383,1212024Revenue 2025: $886,910Expenses 2025: $303,545Net Income 2025: $583,3652025

Highlighted filing

2025

Revenue$886,910
Expenses$303,545
Net Income$583,365
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$14,518,434
Liabilities
$0
Net assets
$14,518,434
Revenue
$886,910
Expenses
$303,545
Net income
$583,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.00$14.5$0.89$0.30$0.58
2024Detailed filing. Detailed filing data is available for this year.$13.9$0.00$13.9$4.53$0.15$4.38
2023Detailed filing. Detailed filing data is available for this year.$8.13$0.00$8.13$1.98$0.08$1.90
2022Detailed filing. Detailed filing data is available for this year.$6.50$0.16$6.34$1.79$0.06$1.73
2021Detailed filing. Detailed filing data is available for this year.$4.53$0.03$4.50$0.23$0.05$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.61$0.04$0.57
2019Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$1.18$0.02$1.15
2018Detailed filing. Detailed filing data is available for this year.$1.85$0.02$1.83$0.13$0.01$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.67$0.02$1.65$0.75$0.00$0.74
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.03$0.88$0.00$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.96$0.98$0.00$0.97
2014Summary only. Only limited summary data is available for this year.$0.00$0.01$0.01$0.00$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 25, 2025
Return Version
2024v5.2
Gross Receipts
$7,517,763
Mission and Program Overview

Mission

The Foundation provides financial and other resources in support exclusively for Texas Agricultural Land Trust ("TALT"), a Texas tax exempt nonprofit corporation, classified as a 501(c)(3) organization.

The Foundation provides financial support and other resources exclusively for TALT.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,719,526$13,799,676▲ $1,080,150
Pledges and Grants Receivable$1,128,865$624,033▼ $504,832
Savings and Temporary Cash Investments$57,589$49,833▼ $7,756
Accounts Receivable-$42,991-
Total Assets$13,905,980$14,518,434▲ $612,454
Other Assets Total$0$1,901▲ $1,901
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,821,536$12,371,806▲ $550,270
Net Assets Without Donor Restrictions$2,084,444$2,146,628▲ $62,184
Total Net Assets Fund Balance$13,905,980$14,518,434▲ $612,454
Total Liabilities and Net Assets / Fund Balance$13,905,980$14,518,434▲ $612,454

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$13,905,980$186,665▲ $621,034$189,954$14,518,434
2023$8,129,260$4,388,168▲ $1,536,303$145,709$13,905,980
2022$6,335,605$2,121,695▼ $278,082$46,821$8,129,260
2021$4,495,146$1,658,849▲ $212,410$29,076$6,335,605
2020$3,093,334$155,372▲ $1,279,713$29,764$4,495,146
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleOtherTotal
Brandon E BennettDirector Additive Conservation/Legal$121,265$121,265

Board Members and Trustees

NameTitle
Joseph FitzsimonsChair
Carter SmithDirector
David CrowDirector
Karen HixonDirector
Watt MatthewsDirector
Chad EllisChief Executive Officer
Perry Bass IISecretary
Toby CalvertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$231,332
Program Service Revenue
$0
Investment Income
$655,578
Other Revenue
$0
All Other Contributions
$231,332
Change in Net Assets
$583,365

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$50,453Nyse
Total Noncash Contributions1$50,453-

Audited Revenue Reconciliation

Revenue per Audited Statements
$823,277
Revenue Not Reported on Financial Statements
$63,633
Revenue Not Reported on Form 990
$27,591,494
Total Revenue per Audited Statements
$28,414,771
Total Revenue per Form 990
$886,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$234,620
Other Expenses$68,925
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$234,620--$234,620
Fees for Service Investment Mgmnt Fees-$63,632-$63,632
Office Expenses-$3,225-$3,225
Fees for Services Accounting-$1,800-$1,800
Conferences and Meetings-$268-$268
Total Functional Expenses$234,620$68,925$0$303,545

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,433,979
Expenses Not Reported on Form 990$23,428,687
Total Expenses per Form 990$303,545
Expenses Not Reported on Financial Statements$298,253
Other Expense Adjustments$234,620
Expenses per Audited Statements$5,292
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Texas Agricultural Land TrustSan Antonio, TX501(c)(3)Monitoring, Forever Texas Fund Distribution$234,620
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Joseph Fitzsimons and Toby Calvert have a family relationship.”

Form 990, Part VI, Section A, line 6

“The Foundation has one member - Texas Agricultural Land Trust.”

Form 990, Part VI, Section A, line 7A

“Texas Agricultural Land Trust is the sole member and has the exclusive power to add or remove a board member of the Foundation.”

Form 990, Part VI, Section A, line 7B

“The member will add or remove directors from the board. The member also has the authority to change the terms of service by a director and the power to alter or amend the bylaws.”

Form 990, Part VI, Section B, line 11B

“The Chairman/Treasurer receives (via email) the draft of the 990 at least 2 days before a call with the CPA firm who prepared the document. A conference call with the CPA firm is held to discuss important topics and to review the Form 990. Once approved by the Chairman, the draft Form 990 is distributed to the entire Board of Directors prior to filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“All members of the board of directors are reminded of the conflict of interest policy at every board of directors meeting. All members are encouraged to report conflicts to the president as soon as they arise. New Board members sign a conflict of interest form that describes any conflict or confirms that not conflicts exist.”

Form 990, Part VI, Section C, line 19

“Texas Agricultural Land Trust Foundation's governing documents, conflict of interest policy, and financial statements are available for public inspection, without charge, at its principal offices during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Texas Agricultural Land Trust Foundation
EIN
46-4540280
Phone
2108260074
Address
1919 Oakwell Farms Parkway 100, San Antonio, TX 78218

Signing Officer

Name
Chad Ellis
Title
Chief Executive Officer
Phone
2108260074
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Ellis
Formed
2013
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Kurt Coburn
Phone
7134395739
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“Endowment funds are to be held in perpetuity and invested to produce distributions to the Texas Agricultural Land Trust to fund operating costs. As of March 31, 2025, the net asset value of the Forever Texas Fund (TALT's Operating Endowment) was $12,223,285, and the Stewardship Endowment Fund (TALT's funds to steward the conservation easements) had net assets of $2,295,149.”

Part XI, Line 2D - Other Adjustments:

“TALT Revenue 27,562,405.”

Part XII, Line 2D - Other Adjustments:

“TALT expenses 23,428,687.”

Part XII, Line 4B - Other Adjustments:

“Support to TALT 234,620.”

Raw XML AppendixShowing 400 of 515 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt042991
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Foundation provides financial support and other resources exclusively for TALT.
IRS990/AllOtherContributionsAmt0231332
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Chad Ellis
IRS990/BooksInCareOfDetail/PhoneNum02108260074
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01919 Oakwell Farms Pkwy Ste 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0San Antonio
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078218
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0268
IRS990/ConferencesMeetingsGrp/TotalAmt0268
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0231332
IRS990/CYGrantsAndSimilarPaidAmt0234620
IRS990/CYInvestmentIncomeAmt0655578
IRS990/CYOtherExpensesAmt068925
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0583365
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0303545
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0886910
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Foundation holds and manages the endowment assets of the Texas Agricultural Land Trust and solicits financial support for the Land Trust's operations. The Foundation created the Forever Texas Fund Endowment, which provides investment income to support the operating needs of the Texas Agricultural Land Trust in perpetuity. The Foundation also manages the investment income and disbursements for the Stewardship Endowment, which provides funding for the stewardship of the conservation easements held by the Texas Agricultural Land Trust.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt011821536
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt012371806
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0234620
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01800
IRS990/FeesForServicesAccountingGrp/TotalAmt01800
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt063632
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt063632
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt138.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09904
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt17600
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Chad Ellis
IRS990/Form990PartVIISectionAGrp/PersonNm1Brandon E Bennett
IRS990/Form990PartVIISectionAGrp/PersonNm2Joseph Fitzsimons
IRS990/Form990PartVIISectionAGrp/PersonNm3Toby Calvert
IRS990/Form990PartVIISectionAGrp/PersonNm4Perry Bass II
IRS990/Form990PartVIISectionAGrp/PersonNm5David Crow
IRS990/Form990PartVIISectionAGrp/PersonNm6Karen Hixon
IRS990/Form990PartVIISectionAGrp/PersonNm7Watt Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm8Carter Smith
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0163855
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1113665
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Dir Additive Conservation/Legal
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0335904
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0234620
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0234620
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0234620
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06966757
IRS990/GrossReceiptsAmt07517763
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0319674
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0319674
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012719526
IRS990/InvestmentsPubTradedSecGrp/EOYAmt013799676
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06630853
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation provides financial and other resources in support exclusively for Texas Agricultural Land Trust ("TALT"), a Texas tax exempt nonprofit corporation, classified as a 501(c)(3) organization.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013905980
IRS990/NetAssetsOrFundBalancesEOYAmt014518434
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0335904
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0335904
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt029089
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02084444
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02146628
IRS990/NoncashContributionsAmt050453
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03225
IRS990/OfficeExpensesGrp/TotalAmt03225
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt01901
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01128865
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0624033
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Chad Ellis
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04345993
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt053531
IRS990/PYInvestmentIncomeAmt0187051
IRS990/PYOtherExpensesAmt046392
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04383121
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0149923
IRS990/PYTotalProfFndrsngExpnsAmt050000
IRS990/PYTotalRevenueAmt04533044
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0583365
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt057589
IRS990/SavingsAndTempCashInvstGrp/EOYAmt049833
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0260161807
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0303545
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Texas Agricultural Land Trust
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0303545
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.14785
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt05291
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013905980
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0186665
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt014518434
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0621034
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0189954
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02042
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08129260
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt04388168
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013905980
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01536303
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0145709
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03137
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06335605
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02121695
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08129260
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-278082
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt046821
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01724
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04495146
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01658849
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06335605
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0212410
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt029076
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03509
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03093334
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0155372
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04495146
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01279713
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt029764
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt023428687
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0298253
IRS990ScheduleD/ExpensesSubtotalAmt05292
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt063633
IRS990ScheduleD/InvestmentExpensesNotIncldAmt063633
IRS990ScheduleD/NetUnrealizedGainsInvstAmt029089
IRS990ScheduleD/OtherExpensesIncludedAmt023428687
IRS990ScheduleD/OtherExpensesNotIncludedAmt0234620
IRS990ScheduleD/OtherRevenueAmt027562405
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.71180
IRS990ScheduleD/RevenueNotReportedAmt027591494
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt063633
IRS990ScheduleD/RevenueSubtotalAmt0823277
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds are to be held in perpetuity and invested to produce distributions to the Texas Agricultural Land Trust to fund operating costs. As of March 31, 2025, the net asset value of the Forever Texas Fund (TALT's Operating Endowment) was $12,223,285, and the Stewardship Endowment Fund (TALT's funds to steward the conservation easements) had net assets of $2,295,149.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TALT Revenue 27,562,405.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TALT expenses 23,428,687.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Support to TALT 234,620.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.14033
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0303545
IRS990ScheduleD/TotalRevenuePerForm990Amt0886910
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt028414771
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023433979
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0234620
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Monitoring, Forever Texas Fund Distribution
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Texas Agricultural Land Trust
IRS990ScheduleI/RecipientTable/RecipientEIN0260161807
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 6152
IRS990ScheduleI/RecipientTable/USAddress/CityNm0San Antonio
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078209
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization only makes grants to its supported organization, Texas Agricultural Land Trust. The Foundation Board, while appointed by the TALT Board, operates independently to exercise oversight of the grants approved.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0163855
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05284
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Chad Ellis
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chief Executive Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0173759
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Texas Agricultural Land Trust uses comparative salary data gleaned from 990s of similar non-profit organizations and salary data provided by the Land Trust Alliance to establish compensation of the CEO. This information is reviewed during the interview process and annual review process.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0NYSE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt050453
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Joseph Fitzsimons and Toby Calvert have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Foundation has one member - Texas Agricultural Land Trust.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Texas Agricultural Land Trust is the sole member and has the exclusive power to add or remove a board member of the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The member will add or remove directors from the board. The member also has the authority to change the terms of service by a director and the power to alter or amend the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Chairman/Treasurer receives (via email) the draft of the 990 at least 2 days before a call with the CPA firm who prepared the document. A conference call with the CPA firm is held to discuss important topics and to review the Form 990. Once approved by the Chairman, the draft Form 990 is distributed to the entire Board of Directors prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All members of the board of directors are reminded of the conflict of interest policy at every board of directors meeting. All members are encouraged to report conflicts to the president as soon as they arise. New Board members sign a conflict of interest form that describes any conflict or confirms that not conflicts exist.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Texas Agricultural Land Trust Foundation's governing documents, conflict of interest policy, and financial statements are available for public inspection, without charge, at its principal offices during regular business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.