Nonprofit · EIN 41-6242226
EDDY FOUNDATION
Tax-exempt · DULUTH, MN 55802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-PF | $188,902 | $305,181 | -$116,279 | $3,044,013 | $0 | $3,044,013 |
| June 30, 2025 | 990-PF | $155,553 | $296,146 | -$140,593 | $3,160,292 | $0 | $3,160,292 |
| June 30, 2024 | 990-PF | $190,041 | $328,836 | -$138,795 | $3,300,885 | $0 | $3,300,885 |
| June 30, 2023 | 990-PF | $249,624 | $252,208 | -$2,584 | $3,439,680 | $0 | $3,439,680 |
Financial details: 990-PF for the year ended June 30, 2026
Revenue
- Dividends
- $63,888
- Interest
- $29,816
- Net gain from sales of assets
- $95,198
Expenses
- Grants and similar amounts paid
- $255,609
- Compensation of officers, directors and key employees
- $8,448
- Disbursements for charitable purposes
- $259,269
- Excise tax on investment income
- $1,930
Balance sheet and other
- Total assets, start of year
- $3,160,292
- Total assets, end of year
- $3,044,013
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,044,013
- Fair market value of assets
- $3,612,061
- Qualifying distributions
- $259,269
- Net investment income
- $138,837
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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH H SIMONSON 8253 E ROSE LAKE DRIVE, CANYON, MN 55717 | CO-TRUSTEE | 1 | $4,224 |
| RODNEY EDWARDS 14073 EAST INDIAN BEACH ROAD, GORDON, WI 54838 | CO-TRUSTEE | 1 | $4,224 |
| NORTH SHORE BANK OF COMMERCE 131 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $0 |
990-PF for the year ended June 30, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH H SIMONSON 8253 E ROSE LAKE DRIVE, CANYON, MN 55717 | CO-TRUSTEE | 1 | $4,141 |
| RODNEY EDWARDS 14073 EAST INDIAN BEACH ROAD, GORDON, WI 54838 | CO-TRUSTEE | 1 | $4,141 |
| NORTH SHORE BANK OF COMMERCE 131 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $0 |
990-PF for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH H SIMONSON 8253 E ROSE LAKE DRIVE, CANYON, MN 55717 | CO-TRUSTEE | 1 | $4,060 |
| RODNEY EDWARDS 306 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $4,059 |
| NORTH SHORE BANK OF COMMERCE 131 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $0 |
990-PF for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH H SIMONSON 8253 E ROSE LAKE DRIVE, CANYON, MN 55717 | CO-TRUSTEE | 1 | $3,980 |
| RODNEY EDWARDS 306 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $3,980 |
| NORTH SHORE BANK OF COMMERCE 131 W SUPERIOR STREET, DULUTH, MN 55802 | CO-TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 131 W SUPERIOR ST, DULUTH, MN 55802-3026
- In care of
- % NORTH SHORE BANK OF COMMERCE FID
- Signed the 990-PF
- NORTH SHORE BANK OF COMMERCE, CO-TRUSTEE
- Phone
- (218) 722-4784
- Return prepared by
- LICARI LARSEN AND 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-PF on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-6242226
- 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
- 1983
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,160,292
- Income (IRS master file)
- $565,528
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2026 | $188,902 | $305,181 | $3,044,013 | XML |
| 990-PF | June 2025 | $155,553 | $296,146 | $3,160,292 | IRS |
| 990-PF | June 2024 | $190,041 | $328,836 | $3,300,885 | XML |
| 990-PF | June 2023 | $249,624 | $252,208 | $3,439,680 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 41-6242226).
Questions about EDDY FOUNDATION
- What is the EIN of EDDY FOUNDATION?
- The employer identification number (EIN) of EDDY FOUNDATION is 41-6242226.
- Is EDDY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to EDDY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EDDY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EDDY FOUNDATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDDY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2026.
- Who are the officers and directors of EDDY FOUNDATION?
- The 990-PF for the year ended June 30, 2026 lists 3 people; 2 received compensation from the organization, the highest $4,224 (ELIZABETH H SIMONSON, CO-TRUSTEE).
- How much revenue does EDDY FOUNDATION have?
- On its 990-PF for the year ended June 30, 2026 it reported revenue of $188,902, expenses of $305,181 and total assets of $3,044,013 at year end.
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