KASAL FAMILY FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: KASAL FAMILY FOUNDATION (EIN 26-3932763)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-04-12
IRS object ID: 202621029349100012
Schema version: 2025v4.1
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
Accounting Fees Schedule
Investments Corp Stock Schedule
Other Decreases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-04-12T16:45:02-05:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	752393478	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WHITLEY PENN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	640 TAYLOR STREET SUITE 2200	AddressLine1Txt
City	FT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76102	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	263932763	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KASAL FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	KASA	BusinessNameControlTxt
Phone	8179269087	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6300 RIDGLEA PLACE 415	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76116	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NATARAJ KASAL	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8179269087	PhoneNum
Signature	2026-03-30	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	EMILY LANDRY	PreparerPersonNm
PTIN	P01614538	PTIN
Phone	8172599100	PhoneNum

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	$102,897	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	$6,244	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$6,244	DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$6,244	TotalRevAndExpnssAmt
Total Net Invst Incm	$6,244	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$950	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$475	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$475	AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss	$950	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$475	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$475	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$4,777	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$4,777	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$5,727	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$475	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$5,252	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$517	ExcessRevenueOverExpensesAmt
Net Investment Income	$5,769	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,179	CashBOYAmt
Cash EOY	$1,625	CashEOYAmt
Cash EOYFMV	$1,625	CashEOYFMVAmt
Corporate Stock BOY	$122,532	CorporateStockBOYAmt
Corporate Stock EOY	$121,995	CorporateStockEOYAmt
Corporate Stock EOYFMV	$101,272	CorporateStockEOYFMVAmt
Total Assets BOY	$123,711	TotalAssetsBOYAmt
Total Assets EOY	$123,620	TotalAssetsEOYAmt
Total Assets EOYFMV	$102,897	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$123,711	RetainedEarningBOYAmt
Retained Earning EOY	$123,620	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$123,711	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$123,620	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$123,711	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$123,620	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$123,711	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$517	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$124,228	SubtotalAmt
Other Decreases	$608	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$123,620	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$80	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$80	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$80	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$0	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$80	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	TX	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	NATARAJ KASAL	IndividualWithBooksNm
Phone	8179269087	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	6300 RIDGLEA PLACE STE 415	AddressLine1Txt
City	FORT WORTH	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76116	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
NATARAJ KASAL
6300 RIDGLEA PLACE SUITE 415	FORT WORTH	TX	76116	TRUSTEE	0.00	$0	$0	$0
REBECCA KASAL
6300 RIDGLEA PLACE SUITE 415	FORT WORTH	TX	76116	TRUSTEE	0.00	$0	$0	$0
DARSHAN KASAL
6300 RIDGLEA PLACE SUITE 415	FORT WORTH	TX	76116	TRUSTEE	0.00	$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
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

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	$100,619	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,144	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$102,763	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$102,763	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,541	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$101,222	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$5,061	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$5,061	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$80	TaxBasedOnInvestmentIncomeAmt
Total Tax	$80	TotalTaxAmt
Distributable Before Adj	$4,981	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$4,981	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$4,981	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$5,252	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$5,252	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$4,981	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr4	$4,636	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$4,568	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$4,796	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$6,196	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$20,196	TotalExcessDistributionCyovAmt
Qualifying Distributions	$5,252	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,981	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$271	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$20,467	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$20,467	ExcessDistriCyovToNextYrAmt
Excess From Year4	$4,636	ExcessFromYear4Amt
Excess From Year3	$4,568	ExcessFromYear3Amt
Excess From Year2	$4,796	ExcessFromYear2Amt
Excess From Year1	$6,196	ExcessFromYear1Amt
Excess From Current Year	$271	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
CASE WESTERN UNIVERSITY
10900 EUCLID AVE	CLEVELAND	OH	44106	N/A	PC	GENERAL SUPPORT	$1,000
DOCTORS WITHOUT BORDERS
333 SEVENTH AVE 2ND FLR	NEW YORK	NY	10001	N/A	PC	GENERAL SUPPORT	$250
HINDU AMERICAN FOUNDATION
910 SEVENTEENTH ST NW STE 316A	WASHINGTON	DC	20006	N/A	PC	GENERAL SUPPORT	$1,001
HINDU TEMPLE OF GREATER FORT WORTH
PO BOX 34534	FORT WORTH	TX	76162	N/A	PC	GENERAL SUPPORT	$1,251
MEALS ON WHEELS
5740 AIRPORT FWY	HALTOM CITY	TX	76117	N/A	PC	GENERAL SUPPORT	$100
MERCY SHIPS
15862 STATE HWY 110 N	LINDALE	TX	75771	N/A	PC	GENERAL SUPPORT	$100
RONALD MCDONALD HOUSE OF FT WORTH
1001 8TH AVE	FORT WORTH	TX	76104	N/A	PC	GENERAL SUPPORT	$100
SPCA OF TEXAS
2400 LONE STAR DR	DALLAS	TX	75212	N/A	PC	GENERAL SUPPORT	$100
THE SALVATION ARMY
PO BOX 50788	FORT WORTH	TX	76105	N/A	PC	GENERAL SUPPORT	$150
JUDICAL WATCH
100 SE 2ND ST STE 3920	MIAMI	FL	33131	N/A	NC	GENERAL SUPPORT	$100
ST JOSEPH'S INDIAN SCHOOL
PO BOX 89 1301 N MAIN ST	CHAMBERLAIN	SD	57325	N/A	PC	GENERAL SUPPORT	$300
TARRANT AREA FOOD BANK
2525 CULLEN ST	FORT WORTH	TX	76107	N/A	PC	GENERAL SUPPORT	$125
TURNING POINT USA
4940 E BEVERLY RD	PHOENIX	AZ	85044	N/A	PC	GENERAL SUPPORT	$100
TEXAS PUBLIC POLICY FOUNDATION
901 CONGRESS AVE	AUSTIN	TX	78701	N/A	PC	GENERAL SUPPORT	$100

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,777	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)
Exclusion	14	ExclusionCd
Exclusion	$6,244	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$6,244	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$6,244	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$950	Amt
Net Investment Income	$475	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$475	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	CHARLES SCHWAB-4653	StockNm
EOY Book Value	$121,995	EOYBookValueAmt
EOYFMV	$101,272	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD ADJUSTMENT	Desc
Amt	$608	Amt