Nonprofit · EIN 41-1925664
FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION
Tax-exempt · CLOQUET, MN 55720
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $28,012 | $47,933 | -$19,921 | $63,881 | $0 | $63,881 |
| December 31, 2024 | 990-PF | $30,660 | $51,372 | -$20,712 | $83,802 | $0 | $83,802 |
| December 31, 2023 | 990-PF | $51,786 | $54,059 | -$2,273 | $104,514 | $0 | $104,514 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $11,260
- Interest
- $12
- Net gain from sales of assets
- $16,740
Expenses
- Grants and similar amounts paid
- $22,500
- Disbursements for charitable purposes
- $22,525
- Excise tax on investment income
- $226
Balance sheet and other
- Total assets, start of year
- $83,802
- Total assets, end of year
- $63,881
- Total liabilities, end of year
- $0
- Net assets, end of year
- $63,881
- Fair market value of assets
- $612,221
- Qualifying distributions
- $22,525
- Net investment income
- $28,012
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 |
|---|---|---|---|
| LINDA SUER 49 MOLLY LANE, ESKO, MN 55733 | President | 0.5 | $0 |
| SANDRA RAISANEN 2571 CTY RD 104, BARNUM, MN 55707 | Director | 0.5 | $0 |
| KEN GUSTAFSON 160 THOMPSON ROAD, ESKO, MN 55733 | Treasurer | 0.5 | $0 |
| KAREN JOHNSON 1454 CHUB LAKE PARK RD, CARLTON, MN 55718 | Secretary | 0.5 | $0 |
| LINDSAY LALLY 5560 LALLY ROAD, CROMWELL, MN 55726 | Director | 0.5 | $0 |
| NICKI PETERSON 1379 WHITE PINE DR, CLOQUET, MN 55720 | Director | 0.5 | $0 |
| CATHLEEN DALE 810 TALL PINE LANE 104, CLOQUET, MN 55720 | Director | 0.5 | $0 |
| CRAIG SWENSON 922 HIGHWAY 33 S, CLOQUET, MN 55720 | Executive Dir. | 0.5 | $0 |
| SHANNON SAMS 3953 REINKE RD, HERMANTOWN, MN 55811 | Vice President | 0.5 | $0 |
| PAM LITSEY 20 MYRA AVE, CARLTON, MN 55718 | Director | 0.5 | $0 |
| AMAANDA RADTKE 1384 DOUGLAS ROAD, CARLTON, MN 55718 | Director | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA SUER 49 MOLLY LANE, ESKO, MN 55733 | PRESIDENT | 0.5 | $0 |
| SANDRA RAISANEN 2571 CTY RD 104, BARNUM, MN 55707 | VICE-PRESIDENT | 0.5 | $0 |
| KEN GUSTAFSON 160 THOMSON ROAD, ESKO, MN 55733 | TREASURER | 0.5 | $0 |
| KAREN JOHNSON 1454 CHUB LAKE PARK RD, CARLTON, MN 55718 | SECRETARY | 0.5 | $0 |
| LINDSAY LALLY 5560 LALLY ROAD, CROMWELL, MN 55726 | DIRECTOR | 0.5 | $0 |
| NICKI PETERSON 1379 WHITE PINE DR, CLOQUET, MN 55720 | DIRECTOR | 0.5 | $0 |
| CATHLEEN DALE 810 TALL PINE LANE 104, CLOQUET, MN 55720 | DIRECTOR | 0.5 | $0 |
| CRAIG SWENSON 922 HIGHWAY 33 S, CLOQUET, MN 55720 | EXECUTIVE SECRETARY | 0.5 | $0 |
| SHANNON SAMS 3953 REINKE RD, HERMANTOWN, MN 55811 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA SUER 49 MOLLY LANE, ESKO, MN 55733 | PRESIDENT | 0.5 | $0 |
| SANDRA RAISANEN 2571 CTY RD 104, BARNUM, MN 55707 | VICE-PRESIDENT | 0.5 | $0 |
| KEN GUSTAFSON 160 THOMSON ROAD, ESKO, MN 55733 | TREASURER | 0.5 | $0 |
| KAREN JOHNSON 1454 CHUB LAKE PARK RD, CARLTON, MN 55718 | SECRETARY | 0.5 | $0 |
| LINDSAY LALLY 5560 LALLY ROAD, CROMWELL, MN 55726 | DIRECTOR | 0.5 | $0 |
| SHAWN REED 207 W SUPERIOR ST, DULUTH, MN 55802 | DIRECTOR | 0.5 | $0 |
| CATHLEEN DALE 810 TALL PINE LANE 104, CLOQUET, MN 55720 | DIRECTOR | 0.5 | $0 |
| CRAIG SWENSON 922 HIGHWAY 33 S, CLOQUET, MN 55720 | EXECUTIVE SECRETARY | 0.5 | $0 |
| SHANNON SAMS 3953 REINKE RD, HERMANTOWN, MN 55811 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 922 HIGHWAY 33 S, CLOQUET, MN 55720-2624
- In care of
- % AMY C BRYANT
- Signed the 990-PF
- CRAIG SWENSON, Executive Dir.
- Phone
- (218) 879-6784
- Return prepared by
- Alaspa & Murray 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 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
- 41-1925664
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $63,881
- Income (IRS master file)
- $93,022
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $28,012 | $47,933 | $63,881 | XML |
| 990-PF | December 2024 | $30,660 | $51,372 | $83,802 | XML |
| 990-PF | December 2023 | $51,786 | $54,059 | $104,514 | 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 41-1925664).
Questions about FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION
- What is the EIN of FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION is 41-1925664.
- Is FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FLOY GILMAN SCHEIDLER SCHOLARSHIP 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 FLOY GILMAN SCHEIDLER SCHOLARSHIP 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 FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does FLOY GILMAN SCHEIDLER SCHOLARSHIP FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $28,012, expenses of $47,933 and total assets of $63,881 at year end.
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