Nonprofit · EIN 36-6028029
WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $4,110,229 | $412,009 | $3,698,220 | $7,538,109 | $0 | $7,538,109 |
| December 31, 2024 | 990-PF | $334,787 | $352,864 | -$18,077 | $3,836,989 | $0 | $3,836,989 |
| December 31, 2023 | 990-PF | $210,079 | $352,802 | -$142,723 | $3,834,631 | $0 | $3,834,631 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $227,418
- Interest
- $59,465
- Net gain from sales of assets
- $3,823,346
Expenses
- Grants and similar amounts paid
- $359,756
- Salaries, compensation and benefits (total)
- $40,433
- Disbursements for charitable purposes
- $377,204
- Excise tax on investment income
- $56,645
Balance sheet and other
- Total assets, start of year
- $3,836,989
- Total assets, end of year
- $7,538,109
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,538,109
- Fair market value of assets
- $7,829,729
- Qualifying distributions
- $377,204
- Net investment income
- $4,110,229
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 |
|---|---|---|---|
| IOWA STATE BANK 5 E CALL ST, ALGONA, IA 50511 | Trustee | 1 | $0 |
| JOE CARTER 600 S HALE ST, ALGONA, IA 50511 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA PO BOX 653067, DALLAS, TX 752653067 | TRUSTEE | 1 | $43,638 |
| THERESA KUECKER 600 S HALE ST, ALGONA, IA 50511 | CO-TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA PO BOX 653067, DALLAS, TX 752653067 | TRUSTEE | 1 | $45,237 |
| THERESA KUECKER 600 S HALE ST, ALGONA, IA 50511 | CO-TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 5 E CALL ST, ALGONA, IA 50511-2402
- In care of
- % LASALLE BANK NA
- Signed the 990-PF
- IOWA STATE BANK, Trustee
- Phone
- (515) 295-3565
- Return prepared by
- Buchanan Bibler Gabor Meis
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
- 36-6028029
- 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
- 1958
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $7,538,109
- Income (IRS master file)
- $9,791,059
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $4,110,229 | $412,009 | $7,538,109 | XML |
| 990-PF | December 2024 | $334,787 | $352,864 | $3,836,989 | XML |
| 990-PF | December 2023 | $210,079 | $352,802 | $3,834,631 | 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 36-6028029).
Questions about WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND
- What is the EIN of WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND?
- The employer identification number (EIN) of WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND is 36-6028029.
- Is WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND 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 WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND 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 WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does WILLARD E AND ELLA P THOMPSON EDUCATIONAL FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,110,229, expenses of $412,009 and total assets of $7,538,109 at year end.
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