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Nonprofit · EIN 41-6022186

GEORGE W NEILSON FOUNDATION 18358

Tax-exempt · BEMIDJI, MN 56619

Financials

$965K$1.7M2023$1.3M$1.7M2024$2.2M$1.9M2025
Revenue Expenses · by fiscal year end
Financials of GEORGE W NEILSON FOUNDATION 18358 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,245,700$1,860,434$385,266$30,454,241$0$30,454,241
December 31, 2024990-PF$1,252,896$1,658,858-$405,962$30,068,975$0$30,068,975
December 31, 2023990-PF$965,247$1,708,489-$743,242$30,474,937$0$30,474,937
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$855,171
Net gain from sales of assets
$1,388,971
Other income
$1,558

Expenses

Grants and similar amounts paid
$1,579,712
Compensation of officers, directors and key employees
$71,250
Disbursements for charitable purposes
$1,694,900
Excise tax on investment income
$29,289

Balance sheet and other

Total assets, start of year
$30,068,975
Total assets, end of year
$30,454,241
Total liabilities, end of year
$0
Net assets, end of year
$30,454,241
Fair market value of assets
$38,411,303
Qualifying distributions
$1,694,900
Net investment income
$2,245,700

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.

NameTitleHours / weekCompensation
PAUL WELLE
3121 BIRCHMONT DR, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
JAMES NAYLOR
4925 OAKDALE LANE NW, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
GLEN LINDSETH
PO BOX 1558, BEMIDJI, MN 56619
TRUSTEE0.25$15,000
MARK DICKINSON
2310 BIRCHMONT DR NE, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
SUZANNE LIAPIS
1122 MINNESOTA AVE NW, BEMIDJI, MN 56601
TRUSTEE0.25$11,250
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
SUZANNE LIAPIS
1122 MINNESOTA AVE NW, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
PAUL WELLE
3121 BIRCHMONT DR, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
JAMES NAYLOR
4925 OAKDALE LANE NW, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
GLEN LINDSETH
PO BOX 1558, BEMIDJI, MN 56619
TRUSTEE0.25$15,000
MARK DICKINSON
2310 BIRCHMONT DR NE, BEMIDJI, MN 56601
TRUSTEE0.25$15,000
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SUZANNE LIAPIS
1122 MINNESOTA AVE NW, BEMIDJI, MN 56601
TRUSTEE0.25$12,000
PAUL WELLE
3121 BIRCHMONT DR, BEMIDJI, MN 56601
TRUSTEE0.25$12,000
JAMES NAYLOR
4925 OAKDALE LANE NW, BEMIDJI, MN 56601
TRUSTEE0.25$12,000
GLEN LINDSETH
PO BOX 1558, BEMIDJI, MN 56619
TRUSTEE0.25$12,000
MARK DICKINSON
2310 BIRCHMONT DR NE, BEMIDJI, MN 56601
TRUSTEE0.25$12,000

Address and contacts

Address (IRS master file)
PO BOX 692, BEMIDJI, MN 56619-0692
Signed the 990-PF
PAUL WELLE, TRUSTEE
Phone
(218) 444-4963
Return prepared by
MILLER MCDONALD INC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-6022186
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
1963
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$30,454,241
Income (IRS master file)
$10,077,022

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,245,700$1,860,434$30,454,241IRS
990-PFDecember 2024$1,252,896$1,658,858$30,068,975IRS
990-PFDecember 2023$965,247$1,708,489$30,474,937XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 41-6022186).

Questions about GEORGE W NEILSON FOUNDATION 18358

What is the EIN of GEORGE W NEILSON FOUNDATION 18358?
The employer identification number (EIN) of GEORGE W NEILSON FOUNDATION 18358 is 41-6022186.
Is GEORGE W NEILSON FOUNDATION 18358 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to GEORGE W NEILSON FOUNDATION 18358 tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GEORGE W NEILSON FOUNDATION 18358 file?
Form 990-PF. Private foundations file every year.
When is the next return of GEORGE W NEILSON FOUNDATION 18358 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 GEORGE W NEILSON FOUNDATION 18358 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 GEORGE W NEILSON FOUNDATION 18358?
The 990-PF for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $15,000 (PAUL WELLE, TRUSTEE).
How much revenue does GEORGE W NEILSON FOUNDATION 18358 have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,245,700, expenses of $1,860,434 and total assets of $30,454,241 at year end.

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