Nonprofit · EIN 27-1507358
EDSON & MARGARET LARSON FOUNDATION
Tax-exempt · GRAND FORKS, ND 58201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,923,220 | $3,536,419 | -$613,199 | $49,977,676 | $0 | $49,977,676 |
| December 31, 2024 | 990-PF | $2,599,055 | $2,626,645 | -$27,590 | $50,590,875 | $0 | $50,590,875 |
| December 31, 2023 | 990-PF | $1,792,486 | $2,961,051 | -$1,168,565 | $50,618,465 | $0 | $50,618,465 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $1,437,439
- Net rental income
- $785,339
- Net gain from sales of assets
- $633,098
- Other income
- $1,879
Expenses
- Grants and similar amounts paid
- $3,210,000
- Compensation of officers, directors and key employees
- $45,000
- Disbursements for charitable purposes
- $3,276,830
- Excise tax on investment income
- $37,363
Balance sheet and other
- Total assets, start of year
- $50,590,875
- Total assets, end of year
- $49,977,676
- Total liabilities, end of year
- $0
- Net assets, end of year
- $49,977,676
- Fair market value of assets
- $67,606,134
- Qualifying distributions
- $3,276,830
- Net investment income
- $2,923,220
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 |
|---|---|---|---|
| Douglas A Christensen 19 Inland Hills Ct, Grand Forks, ND 582017948 | President | 2 | $15,000 |
| Andrew B Kjos 14710 Manuella, Los Altos Hills, CA 94022 | Secretary/Treasurer | 1 | $15,000 |
| Julie A Barner 5823 Sundance Square, Fargo, ND 58104 | Trustee | 0.5 | $15,000 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas A Christensen 19 Inland Hills Ct, Grand Forks, ND 582017948 | President | 2 | $15,000 |
| Andrew B Kjos 14710 Manuella, Los Altos Hills, CA 94022 | Secretary/Treasurer | 1 | $15,000 |
| Julie A Barner 5823 Sundance Square, Fargo, ND 58104 | Trustee | 0.5 | $15,000 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglas A Christensen 19 Inland Hills Ct, Grand Forks, ND 582017948 | President | 2 | $15,000 |
| Andrew B Kjos 14710 Manuella, Los Altos Hills, CA 94022 | Secretary/Treasurer | 1 | $15,000 |
| Julie A Barner 5823 Sundance Square, Fargo, ND 58104 | Trustee | 0.5 | $15,000 |
Address and contacts
- Address (IRS master file)
- 19 INLAND HILLS CT, GRAND FORKS, ND 58201-7948
- In care of
- % WELLS FARGO BANK ND NA
- Signed the 990-PF
- Douglas Christensen, President
- Phone
- (218) 791-4764
- Return prepared by
- Eide Bailly Advisory LLC
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
- 27-1507358
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $49,977,676
- Income (IRS master file)
- $6,508,707
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,923,220 | $3,536,419 | $49,977,676 | XML |
| 990-PF | December 2024 | $2,599,055 | $2,626,645 | $50,590,875 | XML |
| 990-PF | December 2023 | $1,792,486 | $2,961,051 | $50,618,465 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 27-1507358).
Questions about EDSON & MARGARET LARSON FOUNDATION
- What is the EIN of EDSON & MARGARET LARSON FOUNDATION?
- The employer identification number (EIN) of EDSON & MARGARET LARSON FOUNDATION is 27-1507358.
- Is EDSON & MARGARET LARSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to EDSON & MARGARET LARSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EDSON & MARGARET LARSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EDSON & MARGARET LARSON 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 EDSON & MARGARET LARSON 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 EDSON & MARGARET LARSON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $15,000 (Douglas A Christensen, President).
- How much revenue does EDSON & MARGARET LARSON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,923,220, expenses of $3,536,419 and total assets of $49,977,676 at year end.
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