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Nonprofit · EIN 26-6574983

OFFUTT FAMILY FOUNDATION

Also known as RONALD D OFFUTT TTEE

Tax-exempt · FARGO, ND 58102

Financials

$58.3M$11.3M2023$98.2M$11M2024
Revenue Expenses · by fiscal year end
Financials of OFFUTT FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$98,196,254$11,000,051$87,196,203$380,667,627$0$380,667,627
December 31, 2023990-PF$58,253,180$11,304,704$46,948,476$270,919,249$0$270,919,249
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$78,084,422
Dividends
$2,145,276
Interest
$5,372,242
Net gain from sales of assets
$12,551,754
Other income
$42,560

Expenses

Grants and similar amounts paid
$9,568,220
Compensation of officers, directors and key employees
$290,000
Salaries, compensation and benefits (total)
$186,000
Disbursements for charitable purposes
$10,172,267
Excise tax on investment income
$804,787

Balance sheet and other

Total assets, start of year
$270,919,249
Total assets, end of year
$380,667,627
Total liabilities, end of year
$0
Net assets, end of year
$380,667,627
Fair market value of assets
$380,667,627
Qualifying distributions
$10,172,267
Net investment income
$59,282,174

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.

NameTitleHours / weekCompensation
THOMAS K ESPEL
225 BROADWAY N, FARGO, ND 58102
EXECUTIVE DIRECTOR30$290,000
JESSI ZENKER
225 BROADWAY, FARGO, ND 58102
PROGRAM MANAGER
Highest-paid employee
32$108,000
RONALD D OFFUTT
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
KAREN OFFUTT
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
SHELLY NEAL
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
RONDI MCGOVERN
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
ALLAN F KNOLL
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
CHRISTI OFFUTT
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
RYAN OFFUTT
225 BROADWAY N, FARGO, ND 58102
TRUSTEE0.1$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Jessi Zenker
225 Broadway, Fargo, ND 58102
Program Manager
Highest-paid employee
32$96,000
Ronald D Offutt
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Karen Offutt
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Shelly Neal
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Rondi McGovern
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Allan F Knoll
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Christi Offutt
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Ryan Offutt
225 Broadway N, Fargo, ND 58102
Trustee0.1$0
Thomas K Espel
225 Broadway N, Fargo, ND 58102
Executive Director20$0

Address and contacts

Address (IRS master file)
225 BROADWAY N, FARGO, ND 58102-4800
Signed the 990-PF
TERRY BRANDT, EXECUTIVE DIRECTOR
Phone
(701) 237-6062
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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-6574983
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$380,667,627
Income (IRS master file)
$160,556,666

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$98,196,254$11,000,051$380,667,627XML
990-TDecember 2024–––IRS
990-PFDecember 2023$58,253,180$11,304,704$270,919,249XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 26-6574983).

Questions about OFFUTT FAMILY FOUNDATION

What is the EIN of OFFUTT FAMILY FOUNDATION?
The employer identification number (EIN) of OFFUTT FAMILY FOUNDATION is 26-6574983.
Is OFFUTT FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to OFFUTT FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OFFUTT FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of OFFUTT FAMILY 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 OFFUTT FAMILY 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 OFFUTT FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $290,000 (THOMAS K ESPEL, EXECUTIVE DIRECTOR).
How much revenue does OFFUTT FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $98,196,254, expenses of $11,000,051 and total assets of $380,667,627 at year end.

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