Passes our checks

Frances M & E Lester Williams Charitable Trust

EIN 42-1235943 · Marshalltown, IA

Public records show a registered, tax-exempt organization in good standing.

What it says it does

NONE

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 97 out of 100.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 31 out of 100.

Independent board
0 of 25
0 of 0 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

THIS CHARITABLE TRUST RECEIVED RENTAL INCOME & INTEREST INC. DURING ITS FISCAL YEAR. THE CORPUS PORTION OF THIS TRUST IS $1,075,391. NO FUND RAISING IS ANTICIPATED. THIS TRUST WILL DISTRIBUTE (IN ACCORD WITH ITS TRUST AGREEMENT).
$171,393 spent. ALL OF ITS INCOME TO SUPPORT SEC.501(C)(3) EXEMPT ORGANIZATIONS. THIS ORGANIZATION HAS RECEIVED IRS APPROVAL AS A SEC.501(C)(3) ORGANIZATION, AND IS NOT A PRIVATE FOUNDATION AS IT IS AN ORGANIZATION DESCRIBED IN SEC.501(A)
(C) IRS EXEMPTION LETTER DATED 10/17/84.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.