Nonprofit · EIN 13-7231616
ESTHER AND HAROLD MERTZ FOUNDATION
Also known as MERTZ ESTHER M & CLOSE NANCY L TTEE
Tax-exempt · SIOUX FALLS, SD 57104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,271,121 | $55,272,147 | -$54,001,026 | $665,553,891 | $1,236 | $665,552,655 |
| December 31, 2023 | 990-PF | $5,427,446 | $3,445,241 | $1,982,205 | $681,753,842 | $0 | $681,753,842 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $149,289
- Dividends
- $200,291
- Interest
- $400
- Other income
- $921,141
Expenses
- Grants and similar amounts paid
- $53,803,750
- Compensation of officers, directors and key employees
- $947,500
- Disbursements for charitable purposes
- $55,039,022
Balance sheet and other
- Total assets, start of year
- $681,753,842
- Total assets, end of year
- $665,553,891
- Total liabilities, end of year
- $1,236
- Net assets, end of year
- $665,552,655
- Fair market value of assets
- $242,256,680
- Qualifying distributions
- $55,039,022
- Net investment income
- $6,326,568
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY L CLOSE 4951 WINDSOR PARK, SARASOTA, FL 34235 | DIRECTION ADVISOR | 40 | $945,000 |
| LAVENDER TRUST COMPANY INC 212 S MAIN AVE SUITE 133, SIOUX FALLS, SD 57104 | TRUSTEE | 10 | $2,500 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY L CLOSE 4951 WINDSOR PARK, SARASOTA, FL 34235 | DIRECTION ADVISOR | 40 | $945,000 |
| LAVENDER TRUST COMPANY INC 212 S MAIN AVE SUITE 133, SIOUX FALLS, SD 57104 | TRUSTEE | 10 | $2,500 |
Address and contacts
- Address (IRS master file)
- 212 S MAIN AVE SUITE 133, SIOUX FALLS, SD 57104-6310
- In care of
- % DIANNE R STADTFELD SDTC LLC
- Signed the 990-PF
- DIANNE STADTFELD, TRUST OFFICER
- Phone
- (605) 271-5154
- Website
- HTTPS://MERTZFOUNDATION.ORG
- Return prepared by
- SHEEHAN & COMPANY CPA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-7231616
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $665,553,891
- Income (IRS master file)
- $7,369,399
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,271,121 | $55,272,147 | $665,553,891 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $5,427,446 | $3,445,241 | $681,753,842 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-7231616).
Questions about ESTHER AND HAROLD MERTZ FOUNDATION
- What is the EIN of ESTHER AND HAROLD MERTZ FOUNDATION?
- The employer identification number (EIN) of ESTHER AND HAROLD MERTZ FOUNDATION is 13-7231616.
- Is ESTHER AND HAROLD MERTZ FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to ESTHER AND HAROLD MERTZ FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ESTHER AND HAROLD MERTZ FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ESTHER AND HAROLD MERTZ FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ESTHER AND HAROLD MERTZ FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ESTHER AND HAROLD MERTZ FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $945,000 (NANCY L CLOSE, DIRECTION ADVISOR).
- How much revenue does ESTHER AND HAROLD MERTZ FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,271,121, expenses of $55,272,147 and total assets of $665,553,891 at year end.
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All nonprofits in SIOUX FALLS · South Dakota · Philanthropy, voluntarism and grantmaking foundations