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Nonprofit · EIN 41-1955286

CIRESI WALBURN FOUNDATION FOR CHILDREN

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$2M$2.3M2022$1.5M$3M2023$2.3M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of CIRESI WALBURN FOUNDATION FOR CHILDREN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990-PF$2,339,525$3,161,024-$821,499$40,728,611$17,937,454$22,791,157
March 31, 2024990-PF$1,523,253$2,978,063-$1,454,810$43,476,507$19,863,851$23,612,656
March 31, 2023990-PF$2,046,221$2,295,159-$248,938$39,381,783$14,314,317$25,067,466
Financial details: 990-PF for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$22,957
Dividends
$969,333
Net gain from sales of assets
$1,342,144
Other income
$5,091

Expenses

Grants and similar amounts paid
$2,370,000
Compensation of officers, directors and key employees
$303,090
Disbursements for charitable purposes
$2,726,063
Excise tax on investment income
$27,795

Balance sheet and other

Total assets, start of year
$43,476,507
Total assets, end of year
$40,728,611
Total liabilities, end of year
$17,937,454
Net assets, end of year
$22,791,157
Fair market value of assets
$40,728,611
Qualifying distributions
$2,726,063
Net investment income
$2,316,568

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL SELLERS
3170 CYPRESS CIR S, HAMEL, MN 55340
EXECUTIVE DIRECTOR
Highest-paid employee
40$303,091$6,674
MICHAEL V CIRESI
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
CHAIR20$0$0
JOHN F EISBERG
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
VICE CHAIR2$0$0
LOUIS KING II
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
MICHAEL J O'CONNELL
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
CAROLYN SMALLWOOD
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
ROBERTA WALBURN
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
SECRETARY/TREASURER20$0$0
DORIS BAYLOR
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
GLORIA PEREZ
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
990-PF for the year ended March 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
DANIEL SELLERS
3170 CYPRESS CIR S, HAMEL, MN 55340
EXECUTIVE DIRECTOR
Highest-paid employee
40$261,886$7,632
MICHAEL V CIRESI
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
CHAIR20$0$0
JOHN F EISBERG
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
VICE CHAIR2$0$0
LOUIS KING II
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
MICHAEL J O'CONNELL
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
CAROLYN SMALLWOOD
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
ROBERTA WALBURN
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
SECRETARY/TREASURER20$0$0
DORIS BAYLOR
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
GLORIA PEREZ
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
990-PF for the year ended March 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
DANIEL SELLERS
3170 CYPRESS CIR S, HAMEL, MN 55340
EXECUTIVE DIRECTOR
Highest-paid employee
40$238,843$6,891
MICHAEL V CIRESI
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
CHAIR20$0$0
JOHN F EISBERG
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
VICE CHAIR2$0$0
LOUIS KING II
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
MICHAEL J O'CONNELL
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
CAROLYN SMALLWOOD
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
ROBERTA WALBURN
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
SECRETARY/TREASURER20$0$0
DORIS BAYLOR
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0
GLORIA PEREZ
225 SOUTH 6TH STREET SUITE 4600, MINNEAPOLIS, MN 55402
DIRECTOR2$0$0

Address and contacts

Address (IRS master file)
225 S 6TH ST STE 4000, MINNEAPOLIS, MN 55402-4625
In care of
% MICHAEL V CIRESI
Signed the 990-PF
ROBERTA WALBURN, SECRETARY/TREASURER
Phone
(612) 280-8310
Return prepared by
DS&B 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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990-PF on file
2023March 31, 2024August 15, 2024990-PF on file

IRS record

EIN
41-1955286
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
March
Files
Form 990-PF
Assets (IRS master file)
$40,728,611
Income (IRS master file)
$8,617,605

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMarch 2025$2,339,525$3,161,024$40,728,611XML
990-PFMarch 2024$1,523,253$2,978,063$43,476,507XML
990-PFMarch 2023$2,046,221$2,295,159$39,381,783XML
990-PFMarch 2022–––IRS
990-PFMarch 2021–––IRS
990-PFMarch 2019–––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 41-1955286).

Questions about CIRESI WALBURN FOUNDATION FOR CHILDREN

What is the EIN of CIRESI WALBURN FOUNDATION FOR CHILDREN?
The employer identification number (EIN) of CIRESI WALBURN FOUNDATION FOR CHILDREN is 41-1955286.
Is CIRESI WALBURN FOUNDATION FOR CHILDREN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to CIRESI WALBURN FOUNDATION FOR CHILDREN tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CIRESI WALBURN FOUNDATION FOR CHILDREN file?
Form 990-PF. Private foundations file every year.
When is the next return of CIRESI WALBURN FOUNDATION FOR CHILDREN due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CIRESI WALBURN FOUNDATION FOR CHILDREN last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended March 2025.
Who are the officers and directors of CIRESI WALBURN FOUNDATION FOR CHILDREN?
The 990-PF for the year ended March 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $303,091 (DANIEL SELLERS, EXECUTIVE DIRECTOR).
How much revenue does CIRESI WALBURN FOUNDATION FOR CHILDREN have?
On its 990-PF for the year ended March 31, 2025 it reported revenue of $2,339,525, expenses of $3,161,024 and total assets of $40,728,611 at year end.

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