STRATEGY STUDIO / PUBLIC DATA EXPLORER

GRAFF EDUCATIONAL FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GRAFF EDUCATIONAL FOUNDATION INC (EIN 75-2913161)
Tax period
2024-12-01 to 2025-11-30
Filed
2026-03-26
IRS object ID
202610859349100016
Schema version
2024v5.0
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)
Return2026-03-26T14:54:15-04:00ReturnTs
Tax Period End2025-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN752915651PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TURNER VEDRENNE & HOWARD PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19330 LYNDON B JOHNSON FWY STE 875AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP752434353ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN752913161EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAFF EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRAFBusinessNameControlTxt
Phone2149517434PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13311 OAK LAWN AVE SUITE 250AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTANLEY V GRAFFPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2149517434PhoneNum
Signature2026-03-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS L TURNERPreparerPersonNm
PTINP00285792PTIN
Phone9726444131PhoneNum
Preparation2026-03-26PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$568,708FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$856InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$856InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$7,772DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,772DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$88,172NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$88,172GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$88,172CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$105OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$105OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$96,905TotalRevAndExpnssAmt
Total Net Invst Incm$96,905TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,550AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$353TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$124OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$3,027TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$33,027TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$30,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$63,878ExcessRevenueOverExpensesAmt
Net Investment Income$96,905NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$491SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$282,124SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$282,124SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$567,434OtherInvestmentsBOYAmt
Other Investments EOY$349,679OtherInvestmentsEOYAmt
Other Investments EOYFMV$286,584OtherInvestmentsEOYFMVAmt
Total Assets BOY$567,925TotalAssetsBOYAmt
Total Assets EOY$631,803TotalAssetsEOYAmt
Total Assets EOYFMV$568,708TotalAssetsEOYFMVAmt
Accounts Payable BOY$1,750AccountsPayableBOYAmt
Accounts Payable EOY$1,750AccountsPayableEOYAmt
Total Liabilities BOY$1,750TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,750TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$566,175NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$630,053NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$566,175TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$630,053TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$567,925TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$631,803TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$566,175TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$63,878ExcessRevenueOverExpensesAmt
Subtotal$630,053SubtotalAmt
Tot Net Ast Or Fund Balances EOY$630,053TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$88,172CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,347InvestmentIncomeExciseTaxAmt
Subtotal$1,347SubtotalAmt
Tax Based On Investment Income$1,347TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$17EsPenaltyAmt
Tax Due$1,364TaxDueAmt

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
Org Report Or Register StateTXOrgReportOrRegisterStateCd
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 BooksSHERRY ANNETTIndividualWithBooksNm
Phone2149517434PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13311 OAK LAWN AVE SUITE 250AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75219ZIPCd
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
MARK WELCH
2300 N CENTRAL EXPRESSWAYMCKINNEYTX75070SEC/TREAS000.00$0$0$0
STANLEY V GRAFF
3311 OAK LAWN AVE STE 250DALLASTX75219PRESIDENT000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1AWARD QUALIFIED SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS FROM THE COMMUNITY WHO WILL HAVE AN OPPORTUNITY TO PARTICIPATE IN A PROGRAM OF STUDY AT AN INSTITUTION OF HIGHER LEARNING; AS WELL AS TO CONDUCT OTHER CHARITABLE, BENEVOLENT, EDUCATIONAL AND SOCIAL FUNCTIONS.Description1Txt

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$372,703AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$289,887AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$662,590TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$662,590AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,939CashDeemedCharitableAmt
Net Vl Noncharitable Assets$652,651NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,633MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,633MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,347TaxBasedOnInvestmentIncomeAmt
Total Tax$1,347TotalTaxAmt
Distributable Before Adj$31,286DistributableBeforeAdjAmt
Distributable Before Ded$31,286DistributableBeforeDedAmt
Distributable As Adjusted$31,286DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$30,000ExpensesAndContributionsAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$31,286DistributableAsAdjustedAmt
Undistributed Income PY$29,782UndistributedIncomePYAmt
Qualifying Distributions$30,000QualifyingDistributionsAmt
Applied To Year1$29,782AppliedToYear1Amt
Applied To Current Year$218AppliedToCurrentYearAmt
Undistributed Income CY$31,068UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonSHERRY ANNETTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line13311 OAK LAWN AVE SUITE 250AddressLine1Txt
CityDALLASCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75219ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2149517434RecipientPhoneNum
Form And Info And MaterialsWRITTEN APPLICATIONFormAndInfoAndMaterialsTxt
Submission DeadlinesN/ASubmissionDeadlinesTxt
Restrictions On AwardsN/ARestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
IMMACULATE CONCEPTION SCHOOL
400 NE 17TH STREETGRAND PRAIRIETX75050N/A501(C)3EDUCATIONAL PURPOSES$12,500
GRAND PRAIRIE ISD ED FOUNDATION
2602 S BELTLINE RDGRAND PRAIRIETX75052N/A501(C)3EDUCATIONAL PURPOSE$12,500
MCKINNEY ISD ED FOUNDATION
510 HEARD STREETMCKINNEYTX75069N/A501(C)3EDUCATIONAL PURPOSE$2,500
CELINA EDUCATION FOUNDATION
205 SO COLORADO STCELINATX75009N/A501(C)3EDUCATIONAL PURPOSES$2,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$856RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7,772RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$88,172RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Related Or Exempt Function Incm$105RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$96,905RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$96,905TotalIncomeProducingActyAmt

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

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,550Amt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemNATIONAL FINANCIAL SERVICES LLCCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$349,679BookValueAmt
EOYFMV$286,584EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
TRADE FEES$124

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Revenue And Expenses Per Books$105RevenueAndExpensesPerBooksAmt
Net Investment Income$105NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT TAXES/LICENSESCategoryTxt
Amt$353Amt