Nonprofit · EIN 41-6020911
HRK FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,460,737 | $5,412,745 | -$3,952,008 | $15,095,167 | $14,945 | $15,080,222 |
| December 31, 2023 | 990-PF | $694,532 | $5,702,489 | -$5,007,957 | $19,149,017 | $9,813 | $19,139,204 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,219
- Dividends
- $316,619
- Net gain from sales of assets
- $1,138,139
- Other income
- -$8,240
Expenses
- Grants and similar amounts paid
- $4,692,996
- Compensation of officers, directors and key employees
- $9,000
- Disbursements for charitable purposes
- $5,169,155
- Excise tax on investment income
- $17,641
Balance sheet and other
- Total assets, start of year
- $19,149,017
- Total assets, end of year
- $15,095,167
- Total liabilities, end of year
- $14,945
- Net assets, end of year
- $15,080,222
- Fair market value of assets
- $15,095,167
- Qualifying distributions
- $5,546,260
- Net investment income
- $1,460,242
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 |
|---|---|---|---|
| CHRIS GALLOWAY 1963 EAST QUIET CANYON DRIVE, TUSCON, AZ 85718 | DIRECTOR | 2 | $0 |
| LEIHA MACAULEY DAY PITNEY ONE INTERNATIONAL PLACE, BOSTON, MA 02110 | DIRECTOR | 2 | $0 |
| JILL KOOSMANN 2550 UNIVERSITY AVE W SUITE 413-N, ST PAUL, MN 55114 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS GALLOWAY 1963 EAST QUIET CANYON DRIVE, TUSCON, AZ 85718 | DIRECTOR | 2 | $0 |
| LEIHA MACAULEY DAY PITNEY ONE INTERNATIONAL PLACE, BOSTON, MA 02110 | DIRECTOR | 2 | $0 |
| JILL KOOSMANN 2550 UNIVERSITY AVE W SUITE 413-N, ST PAUL, MN 55114 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 730 2ND AVE S STE 1400, MINNEAPOLIS, MN 55402-2458
- In care of
- % HRK GROUP INC
- Signed the 990-PF
- JILL KOOSMANN, PRESIDENT
- Phone
- (651) 293-9001
- Website
- WWW.HRKFOUNDATION.ORG
- Return prepared by
- HRK TRUST COMPANY
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
- 41-6020911
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $15,095,167
- Income (IRS master file)
- $344,598
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,460,737 | $5,412,745 | $15,095,167 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $694,532 | $5,702,489 | $19,149,017 | 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 41-6020911).
Questions about HRK FOUNDATION
- What is the EIN of HRK FOUNDATION?
- The employer identification number (EIN) of HRK FOUNDATION is 41-6020911.
- Is HRK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to HRK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HRK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HRK 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 HRK 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 HRK FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HRK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,460,737, expenses of $5,412,745 and total assets of $15,095,167 at year end.
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