Nonprofit · EIN 20-6326223
SEVERSON FAMILY FOUNDATION
Tax-exempt · ST LOUIS PARK, MN 55426
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $161,131 | $193,711 | -$32,580 | $748,395 | $0 | $748,395 |
| December 31, 2024 | 990-PF | $192,709 | $192,713 | -$4 | $780,975 | $0 | $780,975 |
| December 31, 2023 | 990-PF | $365,075 | $376,438 | -$11,363 | $780,979 | $0 | $780,979 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $37,265
- Net gain from sales of assets
- $123,866
Expenses
- Grants and similar amounts paid
- $178,120
- Compensation of officers, directors and key employees
- $2,000
- Disbursements for charitable purposes
- $183,295
- Excise tax on investment income
- $2,115
Balance sheet and other
- Total assets, start of year
- $780,975
- Total assets, end of year
- $748,395
- Total liabilities, end of year
- $0
- Net assets, end of year
- $748,395
- Fair market value of assets
- $1,855,270
- Qualifying distributions
- $183,295
- Net investment income
- $161,131
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jane M Severson 1601 Utah Ave S, St Louis Park, MN 55426 | President | 0.5 | $2,000 |
| Mary L Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Vice President | 0.2 | $0 |
| Allan M Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Secretary/Treasurer | 0.5 | $0 |
| Julie Schnaible 1508 S Severn Lane, Sioux Falls, SD 57106 | Director | 0.2 | $0 |
| Jeffrey A Severson 2997 Cedar Crossing, Minnetonka, MN 55305 | Director | 0.2 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jane M Severson 1601 Utah Ave S, St Louis Park, MN 55426 | President | 0.5 | $0 |
| Mary L Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Vice President | 0.2 | $0 |
| Allan M Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Secretary/Treasurer | 0.5 | $0 |
| Julie Schnaible 1508 S Severn Lane, Sioux Falls, SD 57106 | Director | 0.2 | $0 |
| Jeffrey A Severson 2997 Cedar Crossing, Minnetonka, MN 55305 | Director | 0.2 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jane M Severson 1601 Utah Ave S, St Louis Park, MN 55426 | President | 0.5 | $0 |
| Mary L Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Vice President | 0.2 | $0 |
| Allan M Severson 2433 E Country Club Dr S, Fargo, ND 58103 | Secretary/Treasurer | 0.5 | $0 |
| Julie Schnaible 1508 S Severn Lane, Sioux Falls, SD 57106 | Director | 0.2 | $0 |
| Jeffrey A Severson 2997 Cedar Crossing, Minnetonka, MN 55305 | Director | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 UTAH AVE S, ST LOUIS PARK, MN 55426-1923
- Signed the 990-PF
- Jane Severson, President
- Phone
- (952) 417-9147
- 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF 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
- 20-6326223
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $748,395
- Income (IRS master file)
- $308,847
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $161,131 | $193,711 | $748,395 | XML |
| 990-PF | December 2024 | $192,709 | $192,713 | $780,975 | XML |
| 990-PF | December 2023 | $365,075 | $376,438 | $780,979 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 20-6326223).
Questions about SEVERSON FAMILY FOUNDATION
- What is the EIN of SEVERSON FAMILY FOUNDATION?
- The employer identification number (EIN) of SEVERSON FAMILY FOUNDATION is 20-6326223.
- Is SEVERSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to SEVERSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SEVERSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SEVERSON FAMILY 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 SEVERSON FAMILY 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 SEVERSON FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $2,000 (Jane M Severson, President).
- How much revenue does SEVERSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $161,131, expenses of $193,711 and total assets of $748,395 at year end.
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