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Nonprofit · EIN 41-6286503

MEDITATION PROCESSS TRUST

Tax-exempt · EDINA, MN 55436

Financials

$218K$341K2023$3.7M$376K2024
Revenue Expenses · by fiscal year end
Financials of MEDITATION PROCESSS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,728,169$375,522$3,352,647$7,407,461$0$7,407,461
December 31, 2023990-PF$218,447$340,857-$122,410$4,054,814$0$4,054,814
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,406,373
Dividends
$129,487
Interest
$20,961
Net gain from sales of assets
$171,324
Other income
$24

Expenses

Grants and similar amounts paid
$277,468
Compensation of officers, directors and key employees
$52,725
Disbursements for charitable purposes
$347,694
Excise tax on investment income
$4,086

Balance sheet and other

Total assets, start of year
$4,054,814
Total assets, end of year
$7,407,461
Total liabilities, end of year
$0
Net assets, end of year
$7,407,461
Fair market value of assets
$8,288,682
Qualifying distributions
$347,694
Net investment income
$321,796

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.

NameTitleHours / weekCompensation
MARTHA BOLINGER
2801 HENNEPIN AVENUE SOUTH 259, EDINA, MN 55436
DIRECTOR10$52,725
DONELLE POLLING
NOT PROVIDED, RICHFIELD, MN 55423
TRUSTEE0$0
PAUL TAYLOR
NOT PROVIDED, SAN JUAN, PR 00913
TRUSTEE0$0
DEBORAH CHERNICK
NOT PROVIDED, ST PAUL, MN 55116
INVESTMENT COMMITTEE CHAIR0$0
MICHAEL LILJA
NOT PROVIDED, EDINA, MN 55439
TRUST CHAIR INV COM MEMBER0$0
ANTHONY NELSON COFFEE
NOT PROVIDED, ST PAUL, MN 55117
TRUSTEE CONVENOR0$0
THOMAS J BUSHLACK PHD
NOT PROVIDED, ST LOUIS, MO 63101
TRUSTEE0$0
ADAM GORDON
NOT PROVIDED, ST PAUL, MN 55116
TRUSTEE0$0
GREG SICHENEDER
NOT PROVIDED, MINNETONKA, MN 55305
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DONELLE POLLING
NOT PROVIDED, RICHFIELD, MN 55423
TRUSTEE0$0
MARTHA BOLINGER
2801 HENNEPIN AVENUE SOUTH 259, MINNEAPOLIS, MN 55408
DIRECTOR10$0
PAUL TAYLOR
NOT PROVIDED, SAN JUAN, PR 00913
TRUSTEE0$0
DEBORAH CHERNICK
NOT PROVIDED, ST PAUL, MN 55116
INVESTMENT COMMITTEE CHAIR0$0
MICHAEL LILJA
NOT PROVIDED, EDINA, MN 55439
TRUST CHAIR0$0
ANTHONY NELSON COFFEE
NOT PROVIDED, ST PAUL, MN 55117
TRUSTEE0$0

Address and contacts

Address (IRS master file)
5832 LINCOLN DRIVE 299, EDINA, MN 55436-1616
Signed the 990-PF
MICHAEL LILJA, TRUST CHAIR
Phone
(612) 554-7253
Return prepared by
SDK CPA

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-6286503
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,407,461
Income (IRS master file)
$4,000,469

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,728,169$375,522$7,407,461XML
990-PFDecember 2023$218,447$340,857$4,054,814XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 41-6286503).

Questions about MEDITATION PROCESSS TRUST

What is the EIN of MEDITATION PROCESSS TRUST?
The employer identification number (EIN) of MEDITATION PROCESSS TRUST is 41-6286503.
Is MEDITATION PROCESSS TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to MEDITATION PROCESSS TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MEDITATION PROCESSS TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of MEDITATION PROCESSS TRUST 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 MEDITATION PROCESSS TRUST 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 MEDITATION PROCESSS TRUST?
The 990-PF for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $52,725 (MARTHA BOLINGER, DIRECTOR).
How much revenue does MEDITATION PROCESSS TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,728,169, expenses of $375,522 and total assets of $7,407,461 at year end.

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