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Nonprofit · EIN 41-1924729

MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55440

Financials

$1.1M$1.4M2023$1.6M$627K2024
Revenue Expenses · by fiscal year end
Financials of MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,642,103$627,291$1,014,812$15,628,761$0$15,628,761
December 31, 2023990-PF$1,050,390$1,393,964-$343,574$14,613,949$0$14,613,949
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$680,340
Interest
$29,122
Net rental income
$20
Net gain from sales of assets
$805,899
Other income
$126,722

Expenses

Grants and similar amounts paid
$108,150
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$108,649
Excise tax on investment income
$15,239

Balance sheet and other

Total assets, start of year
$14,613,949
Total assets, end of year
$15,628,761
Total liabilities, end of year
$0
Net assets, end of year
$15,628,761
Fair market value of assets
$19,117,589
Qualifying distributions
$108,649
Net investment income
$1,602,066

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARTHA E MACMILLAN
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
PRESIDENT & DIRECTOR0.25$0
MARLO TURCOTTE
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
SECRETARY0.25$0
THOMAS RAISBECK
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
TREASURER0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MARTHA E MACMILLAN
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
PRESIDENT & DIRECTOR0.25$0
MARLO TURCOTTE
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
SECRETARY0.25$0
THOMAS RAISBECK
15407 WEST MCGINTY ROAD, WAYZATA, MN 553912399
TREASURER0$0

Address and contacts

Address (IRS master file)
PO BOX 5628, MINNEAPOLIS, MN 55440-5628
In care of
% ROBERT J THEILER
Signed the 990-PF
TOM RAISBECK, TREASURER
Phone
(952) 674-2800
Return prepared by
ERNST & YOUNG US 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-1924729
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
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$15,628,761
Income (IRS master file)
$1,765,329

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,642,103$627,291$15,628,761IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$1,050,390$1,393,964$14,613,949XML
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-PFDecember 2018–––IRS
990-PFDecember 2017–––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 41-1924729).

Questions about MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION

What is the EIN of MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION?
The employer identification number (EIN) of MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION is 41-1924729.
Is MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MARTHA ELIZABETH MACMILLAN FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,642,103, expenses of $627,291 and total assets of $15,628,761 at year end.

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