Nonprofit · EIN 41-0706125
ELIZABETH C QUINLAN FOUNDATION INC
Tax-exempt · WAYZATA, MN 55391
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $232,520 | $379,218 | -$146,698 | $3,193,189 | $1,970 | $3,191,219 |
| December 31, 2024 | 990-PF | $136,166 | $345,983 | -$209,817 | $3,339,518 | $5,135 | $3,334,383 |
| December 31, 2023 | 990-PF | $380,697 | $364,573 | $16,124 | $3,552,905 | $5,135 | $3,547,770 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $130,782
- Interest
- $8,462
- Net gain from sales of assets
- $93,276
Expenses
- Grants and similar amounts paid
- $300,500
- Compensation of officers, directors and key employees
- $52,503
- Disbursements for charitable purposes
- $369,288
- Excise tax on investment income
- $3,138
Balance sheet and other
- Total assets, start of year
- $3,339,518
- Total assets, end of year
- $3,193,189
- Total liabilities, end of year
- $1,970
- Net assets, end of year
- $3,191,219
- Fair market value of assets
- $6,976,222
- Qualifying distributions
- $369,288
- Net investment income
- $232,520
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 |
|---|---|---|---|
| KATHRYN H IVERSON 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | FNDTION MNGR | 26 | $52,503 |
| LUCIA LAHIFF CRANE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | PRES/TREAS/T | 5 | $0 |
| KATHLEEN L BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | VP/TRUSTEE | 1 | $0 |
| BRIAN BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | SEC/TRUSTEE | 1 | $0 |
| KATHLEEN LESLIE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
| TRAVIS BARKVE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN H IVERSON 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | FNDTION MNGR | 26 | $52,503 |
| LUCIA LAHIFF CRANE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | PRES/TREAS/T | 5 | $0 |
| KATHLEEN L BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | VP/TRUSTEE | 1 | $0 |
| BRIAN BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | SEC/TRUSTEE | 1 | $0 |
| KATHLEEN LESLIE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
| VINCENT GRUNDMAN 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHRYN H IVERSON 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | FNDTION MNGR | 26 | $52,503 |
| LUCIA LAHIFF CRANE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | PRES/TREAS/T | 5 | $0 |
| KATHLEEN L BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | VP/TRUSTEE | 1 | $0 |
| BRIAN BUDGE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | SEC/TRUSTEE | 1 | $0 |
| KATHLEEN LESLIE 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
| VINCENT GRUNDMAN 801 TWELVE OAKS CNTER DRIVE 805 B, WAYZATA, MN 55391 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 801 TWELVE OAKS CENTER DR STE 805B, WAYZATA, MN 55391-4615
- Signed the 990-PF
- KATHRYN H IVERSON, FNDTION MNGR
- Phone
- (952) 475-1550
- Website
- WWW.QUINLANFOUNDATION.ORG
- Return prepared by
- BOYUM & BARENSCHEER PLLP
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
- 41-0706125
- 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
- 1948
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,193,189
- Income (IRS master file)
- $546,495
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $232,520 | $379,218 | $3,193,189 | IRS |
| 990-PF | December 2024 | $136,166 | $345,983 | $3,339,518 | IRS |
| 990-PF | December 2023 | $380,697 | $364,573 | $3,552,905 | 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 41-0706125).
Questions about ELIZABETH C QUINLAN FOUNDATION INC
- What is the EIN of ELIZABETH C QUINLAN FOUNDATION INC?
- The employer identification number (EIN) of ELIZABETH C QUINLAN FOUNDATION INC is 41-0706125.
- Is ELIZABETH C QUINLAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
- Are donations to ELIZABETH C QUINLAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ELIZABETH C QUINLAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ELIZABETH C QUINLAN FOUNDATION INC 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 ELIZABETH C QUINLAN FOUNDATION INC 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 ELIZABETH C QUINLAN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $52,503 (KATHRYN H IVERSON, FNDTION MNGR).
- How much revenue does ELIZABETH C QUINLAN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $232,520, expenses of $379,218 and total assets of $3,193,189 at year end.
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