LEX HALL SEWELL FAMILY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: LEX HALL SEWELL FAMILY FOUNDATION INC (EIN 32-0585192)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-03-20
IRS object ID: 202630799349100968
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
Form 990-PF
Investments Other Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-03-20T19:27:43-06:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	710727226	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PICKLER ACCOUNTING ADVISORS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1143 HALLE PARK CIRCLE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	320585192	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LEX HALL SEWELL FAM FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% WESLEY CALLAHAN	InCareOfNm
Business Name Control	LEXH	BusinessNameControlTxt
Phone	9013160160	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1143 HALLE PARK CIRCLE	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	WESLEY CALLAHAN	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	9013160160	PhoneNum
Signature	2026-03-20	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CHARLES COSSAR	PreparerPersonNm
PTIN	P03194613	PTIN
Phone	9012444242	PhoneNum
Preparation	2026-03-20	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$165,402	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$3,395	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$3,395	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$7,597	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$20,526	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$7,597	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$10,992	TotalRevAndExpnssAmt
Total Net Invst Incm	$10,992	TotalNetInvstIncmAmt
Legal Fees Rev And Expnss	$1,563	LegalFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$5,634	OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss	$15	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$1,637	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$8,849	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$13,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$13,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$21,849	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$13,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$10,857	ExcessRevenueOverExpensesAmt
Net Investment Income	$10,992	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$2,078	CashBOYAmt
Cash EOY	$9,241	CashEOYAmt
Cash EOYFMV	$9,241	CashEOYFMVAmt
Other Investments BOY	$127,954	OtherInvestmentsBOYAmt
Other Investments EOY	$109,934	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$156,161	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$130,032	TotalAssetsBOYAmt
Total Assets EOY	$119,175	TotalAssetsEOYAmt
Total Assets EOYFMV	$165,402	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$130,032	RetainedEarningBOYAmt
Retained Earning EOY	$119,175	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$130,032	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$119,175	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$130,032	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$119,175	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$130,032	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$10,857	ExcessRevenueOverExpensesAmt
Subtotal	$119,175	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$119,175	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
NFS H2Y-270478	P	2023-05-25	2025-12-31	$18,850	$18,643	$207	$207
NFS B8G-238858	P	2021-08-02	2025-12-31	$1,676	$1,366	$310	$310

Field	Value	IRS element (for citing)
Capital Gain Net Income	$7,597	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$153	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$153	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$153	TaxBasedOnInvestmentIncomeAmt
Tax Due	$153	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	TN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	false	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Individual With Books	SYLVIA TOWNSEL	IndividualWithBooksNm
Phone	9013160160	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	8509 SOUTH WOODLAND ROSE	AddressLine1Txt
City	CORDOVA	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38016	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CHRISTINE LAWSON
556 ASHBURY COVE	CORDOVA	TN	38018	PRESIDENT	1.00	$0	$0	$0
CARLA SCALLORN
5646 PINETREE LOOP E	SOUTHAVEN	MS	38672	SECRETARY	1.00	$0	$0	$0
SYLVIA TOWNSEL
8509 SOUTH WOODLAND ROSE	CORDOVA	TN	38016	TREASURER	1.00	$0	$0	$0
WESLEY CALLAHAN
4602 PIERCE DRIVE	HERNANDO	MS	38632	DIRECTOR	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$155,280	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$1,029	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$156,309	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$156,309	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,345	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$153,964	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$7,698	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$7,698	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$153	TaxBasedOnInvestmentIncomeAmt
Total Tax	$153	TotalTaxAmt
Distributable Before Adj	$7,545	DistributableBeforeAdjAmt
Distributable Before Ded	$7,545	DistributableBeforeDedAmt
Distributable As Adjusted	$7,545	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$13,000	ExpensesAndContributionsAmt
Qualifying Distributions	$13,000	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$7,545	DistributableAsAdjustedAmt
Undistributed Income PY	$4,625	UndistributedIncomePYAmt
Qualifying Distributions	$13,000	QualifyingDistributionsAmt
Applied To Year1	$4,625	AppliedToYear1Amt
Applied To Current Year	$7,545	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$830	RemainingDistriFromCorpusAmt
Total Corpus	$830	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$830	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$830	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
THE ARC MID SOUTH
3485 POPLAR AVENUE SUITE 210	MEMPHIS	TN	38111	PC	FINANCIAL SUPPORT	$1,875
FORREST SPENCE FUND
2112 COURT AVENUE	MEMPHIS	TN	38104	PC	FINANCIAL SUPPORT	$1,875
HEALING HEARTS MID SOUTH
1384 MADISON AVENUE	MEMPHIS	TN	38104	PC	FINANCIAL SUPPORT	$1,875
PALMER HOME FOR CHILDREN
6933 CRUMPLER BLVD	OLIVE BRANCH	MS	38654	PC	FINANCIAL SUPPORT	$2,500
TN PKU FOUNDATION
426 ROSEBANK AVENUE	NASHVILLE	TN	37206	PC	FINANCIAL SUPPORT	$1,875
FRED BUTLER II
1143 HALLE PARK CIRCLE	COLLIERVILLE	TN	38017	I	COLLEGE SCHOLARSHIP	$1,000
HEAVEN LACKLAND
1143 HALLE PARK CIRCLE	COLLIERVILLE	TN	38017	I	COLLEGE SCHOLARSHIP	$1,000
ISABELLA POWERS
1143 HALLE PARK CIRCLE	COLLIERVILLE	TN	38017	I	COLLEGE SCHOLARSHIP	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$13,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Business	523000	BusinessCd
Unrelated Business Taxbl Incm	$3,395	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	523000	BusinessCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$3,395	UnrelatedBusinessTaxblIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,395	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
NAT'L FINL SERVICES 0478	$84,229	$116,062
NAT'L FINL SERVICES 8858	$25,705	$40,099

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$1,563	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	ACCOUNT FEES	Desc
Revenue And Expenses Per Books	$1,637	RevenueAndExpensesPerBooksAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
TRUSTEE FEES	$4,000	$0	$0	$0
ACCOUNTING	$0	$0	$0	$0
MANAGEMENT FEES	$1,634	$0	$0	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	TAXES	CategoryTxt
Amt	$15	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt