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Nonprofit · EIN 41-1645557

PETER AND DOROTHY LAPP FOUNDATION

Tax-exempt · EDINA, MN 55435

Financials

$63K$98K2023$74K$109K2024$79K$111K2025
Revenue Expenses · by fiscal year end
Financials of PETER AND DOROTHY LAPP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$79,351$110,812-$31,461$1,413,659$0$1,413,659
December 31, 2024990-PF$73,934$109,385-$35,451$1,445,120$0$1,445,120
December 31, 2023990-PF$62,852$97,649-$34,797$1,480,571$0$1,480,571
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$37,382
Interest
$15,177
Net gain from sales of assets
$26,792

Expenses

Grants and similar amounts paid
$95,000
Compensation of officers, directors and key employees
$4,448
Disbursements for charitable purposes
$96,750
Excise tax on investment income
$916

Balance sheet and other

Total assets, start of year
$1,445,120
Total assets, end of year
$1,413,659
Total liabilities, end of year
$0
Net assets, end of year
$1,413,659
Fair market value of assets
$1,911,861
Qualifying distributions
$96,750
Net investment income
$79,351

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
THOMAS J RATELLE
4913 POPPY LANE, EDINA, MN 55435
VP/SECRETARY1$3,558
JOHN M RATELLE
132 HOPETON LANE, EATONTON, GA 31024
PRESIDENT1$890
GORDAN P HEINSON
333 S 7TH ST STE 2600, MINNEAPOLIS, MN 55402
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
GORDAN P HEINSON
333 S 7TH ST STE 2600, MINNEAPOLIS, MN 55402
DIRECTOR0$0
THOMAS J RATELLE
4913 POPPY LANE, EDINA, MN 55435
VP/SECRETARY0$0
JOHN M RATELLE
124 EAGLE CIRCLE, VONORE, TN 37885
PRESIDENT0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GORDAN P HEINSON
333 S 7TH ST STE 2600, MINNEAPOLIS, MN 55402
DIRECTOR0$0
THOMAS J RATELLE
4913 POPPY LANE, EDINA, MN 55435
DIRECTOR0$0
JOHN M RATELLE
124 EAGLE CIRCLE, VONORE, TN 37885
DIRECTOR0$0

Address and contacts

Address (IRS master file)
4913 POPPY LN, EDINA, MN 55435-4012
Signed the 990-PF
THOMAS J RATELLE, VP & SECRETARY
Phone
(952) 200-3707
Return prepared by
OLSEN THIELEN & CO LTD

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
41-1645557
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
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,413,659
Income (IRS master file)
$223,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$79,351$110,812$1,413,659IRS
990-PFDecember 2024$73,934$109,385$1,445,120IRS
990-PFDecember 2023$62,852$97,649$1,480,571XML
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 41-1645557).

Questions about PETER AND DOROTHY LAPP FOUNDATION

What is the EIN of PETER AND DOROTHY LAPP FOUNDATION?
The employer identification number (EIN) of PETER AND DOROTHY LAPP FOUNDATION is 41-1645557.
Is PETER AND DOROTHY LAPP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to PETER AND DOROTHY LAPP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PETER AND DOROTHY LAPP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PETER AND DOROTHY LAPP 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 PETER AND DOROTHY LAPP 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 PETER AND DOROTHY LAPP FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $3,558 (THOMAS J RATELLE, VP/SECRETARY).
How much revenue does PETER AND DOROTHY LAPP FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $79,351, expenses of $110,812 and total assets of $1,413,659 at year end.

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