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Nonprofit · EIN 41-1378654

SUNDET FOUNDATION

Tax-exempt · BLOOMINGTON, MN 55438

Financials

$942K$1.7M2023$981K$1.9M2024$714K$1.9M2025
Revenue Expenses · by fiscal year end
Financials of SUNDET FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$714,082$1,872,579-$1,158,497$3,398,443$0$3,398,443
December 31, 2024990-PF$980,622$1,885,615-$904,993$4,556,940$0$4,556,940
December 31, 2023990-PF$941,651$1,702,766-$761,115$5,461,933$0$5,461,933
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$98,014
Net gain from sales of assets
$616,068

Expenses

Grants and similar amounts paid
$1,823,868
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,838,146
Excise tax on investment income
$11,205

Balance sheet and other

Total assets, start of year
$4,556,940
Total assets, end of year
$3,398,443
Total liabilities, end of year
$0
Net assets, end of year
$3,398,443
Fair market value of assets
$6,833,755
Qualifying distributions
$1,838,146
Net investment income
$828,698

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
LELAND N SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
DIRECTOR/PRESIDENT2$0
LOUISE C SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
VICE PRESIDENT2$0
CAROL SUNDET-MEEKER
5924 TAMARAC AVE, EDINA, MN 55436
DIRECTOR/PRESIDENT10$0
DAN BOECKERMANN
4470 W 78TH ST CIRCLE STE 200, BLOOMINGTON, MN 55435
DIRECTOR1$0
MARK DIENHARD
1944 BAYARD AVENUE, ST PAUL, MN 55116
DIRECTOR1$0
DAVID SUNDET
1280 ZIRCON LN N, PLYMOUTH, MN 55447
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
LELAND N SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
DIRECTOR/PRESIDENT2$0
LOUISE C SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
VICE PRESIDENT2$0
CAROL SUNDET-MEEKER
5924 TAMARAC AVE, EDINA, MN 55436
DIRECTOR/PRESIDENT10$0
DAN BOECKERMANN
4470 W 78TH ST CIRCLE STE 200, BLOOMINGTON, MN 55435
DIRECTOR1$0
MARK DIENHARD
1944 BAYARD AVENUE, ST PAUL, MN 55116
DIRECTOR1$0
DAVID SUNDET
1280 ZIRCON LN N, PLYMOUTH, MN 55447
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
LELAND N SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
DIRECTOR/PRESIDENT2$0
LOUISE C SUNDET
7805 TELEGRAPH RD, BLOOMINGTON, MN 55438
VICE PRESIDENT2$0
CAROL SUNDET-MEEKER
5924 TAMARAC AVE, EDINA, MN 55436
DIRECTOR/PRESIDENT10$0
DAN BOECKERMANN
4470 W 78TH ST CIRCLE STE 200, BLOOMINGTON, MN 55435
DIRECTOR1$0
MARK DIENHARD
1944 BAYARD AVENUE, ST PAUL, MN 55116
DIRECTOR1$0
DAVID SUNDET
1280 ZIRCON LN N, PLYMOUTH, MN 55447
DIRECTOR1$0

Address and contacts

Address (IRS master file)
7805 TELEGRAPH RD STE 215, BLOOMINGTON, MN 55438-3408
Signed the 990-PF
CAROL SUNDET, TREASURER
Phone
(952) 941-0242
Return prepared by
BGM 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 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
41-1378654
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
1980
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,398,443
Income (IRS master file)
$1,555,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$714,082$1,872,579$3,398,443IRS
990-TDecember 2025–––IRS
990-PFDecember 2024$980,622$1,885,615$4,556,940XML
990-TDecember 2024–––IRS
990-PFDecember 2023$941,651$1,702,766$5,461,933XML
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 41-1378654).

Questions about SUNDET FOUNDATION

What is the EIN of SUNDET FOUNDATION?
The employer identification number (EIN) of SUNDET FOUNDATION is 41-1378654.
Is SUNDET FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SUNDET FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SUNDET FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SUNDET 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 SUNDET 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 SUNDET FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SUNDET FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $714,082, expenses of $1,872,579 and total assets of $3,398,443 at year end.

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