Skip to main content

Nonprofit · EIN 20-2601947

JEFFERS FOUNDATION

Tax-exempt · PRIOR LAKE, MN 55372

Financials

$171K$501K2023−$1.5M$626K2024$382K$632K2025
Revenue Expenses · by fiscal year end
Financials of JEFFERS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$382,353$632,369-$250,016$10,462,168$5,559$10,456,609
December 31, 2024990-PF-$1,473,981$626,448-$2,100,429$10,706,625$0$10,706,625
December 31, 2023990-PF$171,262$500,793-$329,531$12,807,054$0$12,807,054
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$178,170
Net rental income
$12,915
Net gain from sales of assets
$145,108
Other income
$998

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$317,547
Salaries, compensation and benefits (total)
$16,766
Disbursements for charitable purposes
$515,530
Excise tax on investment income
$3,867

Balance sheet and other

Total assets, start of year
$10,706,625
Total assets, end of year
$10,462,168
Total liabilities, end of year
$5,559
Net assets, end of year
$10,456,609
Fair market value of assets
$12,085,553
Qualifying distributions
$673,090
Net investment income
$382,083

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Suzanne Fuluvaka
3384 Fountain Hills Dr NW Suite A, Prior Lake, MN 55372
COO30$118,985
Kelly Johnson
3384 Fountain Hills Dr NW Suite A, Prior Lake, MN 55372
CEO / CFO25$83,358
David Grack
3384 Fountain Hills Dr NW Suite A, Prior Lake, MN 55372
Director/ Dir of Educational Programs20$79,626
Galen Erickson
3384 Fountain Hills Dr NW Suite A, Prior Lake, MN 55372
Director/ Director of Communications6$24,855
Michael Fairbourne
3384 Fountain Hills Dr NW Suite A, Prior Lake, MN 55372
Director/ VP & Assistant Secretary2$10,723
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Suzanne Fuluvaka
5509 Malibu Drive, Edina, MN 55436
COO30$114,275
Kelly Johnson
4995 State Hwy 28, Eucha, OK 74342
CEO / CFO25$72,651
David Grack- Director
1710 Pulaski Rd, Buffalo, MN 55313
Director of Educational Programs20$66,609
Galen Erickson
11835 45th Ave N, Plymouth, MN 55442
Director/ Director of Communications6$24,055
Michael Fairbourne
15420 9th Ave N, Plymouth, MN 55447
Director/ VP & Assistant Secretary2$13,486
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Suzanne Fuluvaka
5509 Malibu Drive, Edina, MN 55436
CAO/ Secretary30$72,423
David Grack- Director
1710 Pulaski Rd, Buffalo, MN 55313
Director of Educational Programs20$62,554
Kelly Johnson
4995 State Hwy 28, Eucha, OK 74342
CEO / CFO20$50,612
Galen Erickson
11835 45th Ave N, Plymouth, MN 55442
Director/ Director of Communications5$17,976
Michael Fairbourne
15420 9th Ave N, Plymouth, MN 55447
Director/ VP & Assistant Secretary2$12,001

Address and contacts

Address (IRS master file)
3884 FOUNTAIN HILLS DR NW STE A, PRIOR LAKE, MN 55372-2833
In care of
% PAUL W OBERG
Signed the 990-PF
Kelly Johnson, CFO
Phone
(952) 226-7156
Return prepared by
Eide Bailly LLP

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2601947
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
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,462,168
Income (IRS master file)
$1,505,366

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$382,353$632,369$10,462,168IRS
990-PFDecember 2024-$1,473,981$626,448$10,706,625IRS
990-PFDecember 2023$171,262$500,793$12,807,054XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 20-2601947).

Questions about JEFFERS FOUNDATION

What is the EIN of JEFFERS FOUNDATION?
The employer identification number (EIN) of JEFFERS FOUNDATION is 20-2601947.
Is JEFFERS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to JEFFERS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JEFFERS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JEFFERS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JEFFERS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of JEFFERS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $118,985 (Suzanne Fuluvaka, COO).
How much revenue does JEFFERS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $382,353, expenses of $632,369 and total assets of $10,462,168 at year end.

Other nonprofits in PRIOR LAKE

All nonprofits in PRIOR LAKE · Minnesota · Philanthropy, voluntarism and grantmaking foundations