Nonprofit · EIN 41-1958621
THE MORTENSON FAMILY FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $17,177,085 | $11,267,587 | $5,909,498 | $141,813,340 | $5,396,926 | $136,416,414 |
| December 31, 2023 | 990-PF | $9,541,415 | $10,385,024 | -$843,609 | $136,619,117 | $4,243,469 | $132,375,648 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,025,665
- Dividends
- $2,897,510
- Interest
- $291,990
- Net gain from sales of assets
- $7,676,354
- Other income
- $285,566
Expenses
- Grants and similar amounts paid
- $7,405,000
- Compensation of officers, directors and key employees
- $208,457
- Salaries, compensation and benefits (total)
- $554,234
- Disbursements for charitable purposes
- $7,357,805
- Excise tax on investment income
- $129,336
Balance sheet and other
- Total assets, start of year
- $136,619,117
- Total assets, end of year
- $141,813,340
- Total liabilities, end of year
- $5,396,926
- Net assets, end of year
- $136,416,414
- Fair market value of assets
- $172,143,698
- Qualifying distributions
- $7,357,805
- Net investment income
- $10,982,070
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMBAR HANSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | EXECUTIVE DIRECTOR | 40 | $208,457 | $42,766 |
| RABYA HASSEN 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $108,382 | $19,846 |
| MARYAN ABDINUR 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $101,185 | $24,797 |
| MARGRETTA SUPUWOOD 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $100,785 | $12,619 |
| CAMILLE GONZALEZ 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | GRANTS AND PROGRAM C Highest-paid employee | 40 | $70,527 | $15,849 |
| ALICE D MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | PRESIDENT/CHAIR | 3 | $0 | $0 |
| NATHALIE G MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | VICE PRESIDENT | 1 | $0 | $0 |
| DAVID C MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| MARK A MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | SECRETARY | 3 | $0 | $0 |
| CHRISTOPHER D MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| MATHIAS H MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| CHAD FOOTE 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | TREASURER | 3 | $0 | $0 |
| KATE M MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| KATIE M MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| DANA L MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AMBAR HANSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | EXECUTIVE DIRECTOR | 40 | $204,308 | $61,890 |
| MARYAN ABDINUR 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $100,000 | $29,226 |
| RABYA HASSEN 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $98,000 | $29,226 |
| MARGRETTA GETAWEH 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | COMMUNITY RELATIONSH Highest-paid employee | 40 | $68,462 | $20,630 |
| CAMILLE GONZALEZ 4150 OLSON MEMORIAL HWY, MINNEAPOLIS, MN 55422 | GRANTS AND PROGRAM C Highest-paid employee | 40 | $59,018 | $17,192 |
| ALICE D MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | PRESIDENT/CHAIR | 3 | $0 | $0 |
| NATHALIE G MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | VICE PRESIDENT | 1 | $0 | $0 |
| DAVID C MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| MARK A MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | SECRETARY | 3 | $0 | $0 |
| CHRISTOPHER D MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| MATHIAS H MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| RANDY JENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | TREASURER | 3 | $0 | $0 |
| KATE M MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| KATIE M MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
| DANA L MORTENSON 700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | DIRECTOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 700 MEADOW LANE N, MINNEAPOLIS, MN 55422-4899
- In care of
- % ALICE D MORTENSON PRES
- Signed the 990-PF
- CHAD FOOTE, TREASURER
- Phone
- (763) 287-5500
- Website
- MORTENSONFAMILY.ORG
- Return prepared by
- DELOITTE TAX 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 41-1958621
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $141,813,340
- Income (IRS master file)
- $49,809,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $17,177,085 | $11,267,587 | $141,813,340 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $9,541,415 | $10,385,024 | $136,619,117 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 41-1958621).
Questions about THE MORTENSON FAMILY FOUNDATION
- What is the EIN of THE MORTENSON FAMILY FOUNDATION?
- The employer identification number (EIN) of THE MORTENSON FAMILY FOUNDATION is 41-1958621.
- Is THE MORTENSON FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE MORTENSON FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MORTENSON FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MORTENSON 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 THE MORTENSON 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 THE MORTENSON FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 5 received compensation from the organization, the highest $208,457 (AMBAR HANSON, EXECUTIVE DIRECTOR).
- How much revenue does THE MORTENSON FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $17,177,085, expenses of $11,267,587 and total assets of $141,813,340 at year end.
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