Nonprofit · EIN 41-6052950
DONALDSON FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55440
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $4,372,334 | $1,350,025 | $3,022,309 | $9,150,903 | $0 | $9,150,903 |
| July 31, 2024 | 990-PF | $1,255,016 | $1,200,025 | $54,991 | $5,645,336 | $0 | $5,645,336 |
Financial details: 990-PF for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $4,000,000
- Dividends
- $154,456
- Interest
- $217,878
Expenses
- Grants and similar amounts paid
- $1,340,160
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $1,340,160
- Excise tax on investment income
- $5,038
Balance sheet and other
- Total assets, start of year
- $5,645,336
- Total assets, end of year
- $9,150,903
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,150,903
- Fair market value of assets
- $9,150,903
- Qualifying distributions
- $1,340,160
- Net investment income
- $372,334
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lori Schmidt 1400 W 94TH ST, BLOOMINGTON, MN 55431 | President | 10 | $0 |
| David Green 1400 W 94TH ST, BLOOMINGTON, MN 55431 | Treasurer | 10 | $0 |
| Mark Chamberlain 1400 W 94TH ST, BLOOMINGTON, MN 55431 | Secretary | 10 | $0 |
990-PF for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Swenson 1400 W 94TH ST, BLOOMINGTON, MN 55431 | President | 10 | $0 |
| Lori Schmidt 1400 W 94TH ST, BLOOMINGTON, MN 55431 | Treasurer | 10 | $0 |
| Lisa Evans 1400 W 94TH ST, BLOOMINGTON, MN 55431 | Secretary | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1299, MINNEAPOLIS, MN 55440-1299
- In care of
- % SARAH SWENSON
- Signed the 990-PF
- Lori Schmidt, President
- Phone
- (952) 887-3131
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-PF on file |
IRS record
- EIN
- 41-6052950
- 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
- 1966
- Accounting year ends
- July
- Files
- Form 990-PF
- Assets (IRS master file)
- $9,150,903
- Income (IRS master file)
- $4,372,334
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $4,372,334 | $1,350,025 | $9,150,903 | XML |
| 990-PF | July 2024 | $1,255,016 | $1,200,025 | $5,645,336 | XML |
| 990-PF | July 2023 | – | – | – | IRS |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | IRS |
| 990-PF | July 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 41-6052950).
Questions about DONALDSON FOUNDATION
- What is the EIN of DONALDSON FOUNDATION?
- The employer identification number (EIN) of DONALDSON FOUNDATION is 41-6052950.
- Is DONALDSON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to DONALDSON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DONALDSON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DONALDSON FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DONALDSON FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended July 2025.
- Who are the officers and directors of DONALDSON FOUNDATION?
- The 990-PF for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DONALDSON FOUNDATION have?
- On its 990-PF for the year ended July 31, 2025 it reported revenue of $4,372,334, expenses of $1,350,025 and total assets of $9,150,903 at year end.
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