THE LEDBETTER FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
THE LEDBETTER FAMILY FOUNDATION (EIN 46-3406022)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-15
IRS object ID
202621359349104922
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T23:33:15-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN421571148PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FULL CIRCLE TAX SERVICESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12201 SPINKS RD STE 221AddressLine1Txt
CityFLOWER MOUNDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75022ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463406022EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEDBETTER FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEDBBusinessNameControlTxt
Phone4697021227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1490 HOWARD CLEMENS RDAddressLine1Txt
CityGRANBURYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76048ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCOLIN ZIMMERLEPersonNm
Person TitleFOUNDATION MANAGERPersonTitleTxt
Phone4697021227PhoneNum
Signature2026-05-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonADRIANA WEAVERPreparerPersonNm
PTINP03418477PTIN
Phone4693907571PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$732,401FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$170,819DividendsRevAndExpnssAmt
Dividends Net Invst Incm$170,819DividendsNetInvstIncmAmt
Dividends Adj Net Incm$170,819DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$264,976NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$264,976GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$264,976CapGainNetIncmNetInvstIncmAmt
Incm Modifications Adj Net Incm$170,427IncmModificationsAdjNetIncmAmt
Total Rev And Expnss$435,795TotalRevAndExpnssAmt
Total Net Invst Incm$435,795TotalNetInvstIncmAmt
Total Adj Net Incm$341,246TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$161,682LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$10,625AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$19,534OtherProfFeesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$191,841TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$83,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$83,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$274,841TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$83,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$160,954ExcessRevenueOverExpensesAmt
Net Investment Income$435,795NetInvestmentIncomeAmt
Adjusted Net Income$341,246AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$274,228CashBOYAmt
Cash EOY$732,401CashEOYAmt
Cash EOYFMV$732,401CashEOYFMVAmt
Corporate Stock BOY$1,657,717CorporateStockBOYAmt
Corporate Stock EOY$1,876,735CorporateStockEOYAmt
Corporate Bonds BOY$4,998,496CorporateBondsBOYAmt
Corporate Bonds EOY$5,369,525CorporateBondsEOYAmt
Total Assets BOY$6,930,441TotalAssetsBOYAmt
Total Assets EOY$7,978,661TotalAssetsEOYAmt
Total Assets EOYFMV$732,401TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$6,930,441RetainedEarningBOYAmt
Retained Earning EOY$7,978,661RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,930,441TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,978,661TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,930,441TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,978,661TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,930,441TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$160,954ExcessRevenueOverExpensesAmt
Other Increases$887,266OtherIncreasesAmt
Subtotal$7,978,661SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,978,661TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$264,976CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,058InvestmentIncomeExciseTaxAmt
Subtotal$6,058SubtotalAmt
Tax Based On Investment Income$6,058TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$250EsPenaltyAmt
Tax Due$6,308TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTAWNI LEDBETTERIndividualWithBooksNm
Phone4697021227PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1601 MEANDER RDAddressLine1Txt
CityGRANBURYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76049ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LONNIE K LEDBETTER JR DEC 42425
601 MEANDER RDGRANBURYTX76049PRESIDENT, D000.00$0$0$0
TAWNI LEDBETTER
601 MEANDER RDGRANBURYTX76049SECRETARY, D000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$7,181,231AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$340,081AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$7,521,311FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$15,042,623TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$15,042,623AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$225,639CashDeemedCharitableAmt
Net Vl Noncharitable Assets$14,816,984NetVlNoncharitableAssetsAmt
Minimum Investment Return$740,849MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$740,849MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,058TaxBasedOnInvestmentIncomeAmt
Total Tax$6,058TotalTaxAmt
Distributable Before Adj$734,791DistributableBeforeAdjAmt
Distributable Before Ded$734,791DistributableBeforeDedAmt
Distributable As Adjusted$734,791DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$83,000ExpensesAndContributionsAmt
Qualifying Distributions$83,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$734,791DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$129,207ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$96,628ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$154,708ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$380,543ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$761,086TotalExcessDistributionCyovAmt
Qualifying Distributions$83,000QualifyingDistributionsAmt
Applied To Current Year$83,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$651,791ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$651,791ExcessDistributionCyovAppCYAmt
Total Corpus$109,295TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$109,295ExcessDistriCyovToNextYrAmt
Excess From Year1$109,295ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WORLD CONFORMATION HORSE ASSOC
235 SAINT ANDREWS DRCALHOUNLA71225POFFOR FURTHER CHARITABLE PURPOSE$30,000
AMERICAN QUARTER HORSE ASSOC
1600 QUARTER HORSE DRAMARILLOTX79104POFFOR FURTHER CHARITABLE PURPOSE$25,000
AMERICAN QUARTER HORSE YOUTH FOUNDA
1600 QUARTER HORSE DRAMARILLOTX79104POFFOR FURTHER CHARITABLE PURPOSE$1,500
CIEE
400 CONGRESS ST SUITE 316PORTLANDME04101POFFOR FURTHER CHARITABLE PURPOSE$1,500
MD ANDERSON CANCER CENTER
1515 HOLCOMBE BLVDHOUSTONTX77030POFFOR FURTHER CHARITABLE PURPOSES$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$83,000TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WORLD CONFORMATION HORSE ASSOC
235 SAINT ANDREWS DRCALHOUNLA71225POFPLEDGE FOR 2026$35,000
AMERICAN QUARTER HORSE ASSOC
1600 QUARTER HORSE DRAMARILLOTX79104POFPLEDGE FOR 2026$50,000
AMERICAN PAINT HORSE ASSOC
6255 OAK ORCHARDFORT WORTHTX76104POFPLEDGE FOR 2026$10,000
MD ANDERSON
1515 HOLCOMBE BLVDHOUSTONTX77030POFPLEDGE FOR 2026$25,000
FLIGHTS TO FROM CANCER TREATMENTS
490 HOWARD CLEMENS RDGRANBURYTX76048POFPLEDGE UPON APPROVAL OF APPLICATIONS$500,000
CHILDREN'S FOSTER CARE CHARITIES
490 HOWARD CLEMENS RDGRANBURYTX76048POFPLEDGE INC CASA NO KID HUNGRY...$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$670,000TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$170,819ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$264,976ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$435,795ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$435,795TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmt
PRICE WATER HOUSE$9,900
LESLIE SHAFFER$725

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondMUTUAL FUNDS/EQUITY FUNDSBondNm
EOY Book Value$5,369,525EOYBookValueAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$1,876,735EOYBookValueAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$161,682LegalFeesAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN UNREALIZED GAIN/LOSSDesc
Amt$887,266Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryADVISORY FEESCategoryTxt
Amt$19,534Amt

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