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Nonprofit · EIN 36-3579562

WELK FAMILY FOUNDATION

Tax-exempt · ABERDEEN, SD 57402

Financials

$182K$220K2023$272K$228K2024$375K$240K2025
Revenue Expenses · by fiscal year end
Financials of WELK FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$375,236$239,610$135,626$2,835,735$0$2,835,735
December 31, 2024990-PF$271,603$228,193$43,410$2,700,109$0$2,700,109
December 31, 2023990-PF$181,790$220,204-$38,414$2,656,699$0$2,656,699
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$92,550
Net rental income
$32,622
Net gain from sales of assets
$247,228

Expenses

Grants and similar amounts paid
$193,721
Compensation of officers, directors and key employees
$27,292
Disbursements for charitable purposes
$219,678
Excise tax on investment income
$5,006

Balance sheet and other

Total assets, start of year
$2,700,109
Total assets, end of year
$2,835,735
Total liabilities, end of year
$0
Net assets, end of year
$2,835,735
Fair market value of assets
$4,829,006
Qualifying distributions
$219,678
Net investment income
$375,236

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
Dacotah Bank
PO Box 1210, Aberdeen, SD 574021210
Trustee5$27,292
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Dacotah Bank
PO Box 1210, Aberdeen, SD 574021210
Trustee5$26,360
June Helgeson
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Kaye Cahill
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Ross Hanson
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Mark Pistorius
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Pat Dady
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Dacotah Bank
PO Box 1210, Aberdeen, SD 574021210
Trustee5$25,326
June Helgeson
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Kaye Cahill
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Royce Grimsrud
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Mark Pistorius
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0
Pat Dady
PO Box 1210, Aberdeen, SD 574021210
Advisor0.1$0

Address and contacts

Address (IRS master file)
PO BOX 1210, ABERDEEN, SD 57402-1210
In care of
% DACOTAH BANK
Signed the 990-PF
Dacotah Bank, Trustee
Phone
(605) 225-5611
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
36-3579562
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,835,735
Income (IRS master file)
$723,921

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$375,236$239,610$2,835,735XML
990-PFDecember 2024$271,603$228,193$2,700,109XML
990-PFDecember 2023$181,790$220,204$2,656,699XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 36-3579562).

Questions about WELK FAMILY FOUNDATION

What is the EIN of WELK FAMILY FOUNDATION?
The employer identification number (EIN) of WELK FAMILY FOUNDATION is 36-3579562.
Is WELK FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to WELK FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WELK FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WELK 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 WELK 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 WELK FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $27,292 (Dacotah Bank, Trustee).
How much revenue does WELK FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $375,236, expenses of $239,610 and total assets of $2,835,735 at year end.

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