Nonprofit · EIN 41-6421316
M B FOUNDATION
Tax-exempt · EDINA, MN 55439
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $256,408 | $290,361 | -$33,953 | $320,096 | $0 | $320,096 |
| December 31, 2024 | 990-PF | $225,123 | $229,299 | -$4,176 | $354,047 | $0 | $354,047 |
| December 31, 2023 | 990-PF | $249,007 | $226,554 | $22,453 | $364,920 | $0 | $364,920 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $25,209
- Interest
- $663
- Net gain from sales of assets
- $230,536
Expenses
- Grants and similar amounts paid
- $280,000
- Disbursements for charitable purposes
- $280,000
- Excise tax on investment income
- $3,492
Balance sheet and other
- Total assets, start of year
- $354,047
- Total assets, end of year
- $320,096
- Total liabilities, end of year
- $0
- Net assets, end of year
- $320,096
- Fair market value of assets
- $3,010,463
- Qualifying distributions
- $280,000
- Net investment income
- $256,408
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA LB BECKER 6909 DAKOTA TRAIL, EDINA, MN 55439 | TRUSTEE | 0 | $0 |
| TERRY R BECKER 6909 DAKOTA TRAIL, EDINA, MN 55439 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA LEE BASKERVILLE BECKER 6909 DAKOTA TRAIL, EDINA, MN 55439 | TRUSTEE | 0 | $0 |
| TERRY R BECKER 6909 DAKOTA TRAIL, EDINA, MN 55439 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA LEE BASKERVILLE BECKER 8400 NORMANDALE LAKE BLVD 920, BLOOMINGTON, MN 55437 | TRUSTEE | 0 | $0 |
| TERRY R BECKER 8400 NORMANDALE LAKE BLVD 920, BLOOMINGTON, MN 55437 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6909 DAKOTA TRL, EDINA, MN 55439-1122
- In care of
- % H M BASKERVILLE JR
- Signed the 990-PF
- LAURA LB BECKER, TRUSTEE
- Phone
- (952) 921-3994
- Return prepared by
- CMA TAX & ACCOUNTING 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF 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
- 41-6421316
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $320,096
- Income (IRS master file)
- $256,847
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $249,007 | $226,554 | $364,920 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about M B FOUNDATION
- What is the EIN of M B FOUNDATION?
- The employer identification number (EIN) of M B FOUNDATION is 41-6421316.
- Is M B FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to M B FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does M B FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of M B FOUNDATION 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 M B FOUNDATION 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 M B FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does M B FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $256,408, expenses of $290,361 and total assets of $320,096 at year end.
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All nonprofits in EDINA · Minnesota · Philanthropy, voluntarism and grantmaking foundations