Nonprofit · EIN 42-6275922
GEORGE MARSH SHEETS SCHOLARSHIP TRUST
Also known as FIRST NATIONAL BANK TTEE
Tax-exempt · SAINT PAUL, MN 55164
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $33,497 | $30,915 | $2,582 | $35,494 | $0 | $35,494 |
| December 31, 2024 | 990-PF | $18,352 | $25,367 | -$7,015 | $32,911 | $0 | $32,911 |
| December 31, 2023 | 990-PF | $41,979 | $42,661 | -$682 | $39,924 | $0 | $39,924 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $17,013
- Net gain from sales of assets
- $16,436
- Other income
- $48
Expenses
- Grants and similar amounts paid
- $17,128
- Compensation of officers, directors and key employees
- $10,415
- Disbursements for charitable purposes
- $23,000
- Excise tax on investment income
- $355
Balance sheet and other
- Total assets, start of year
- $32,911
- Total assets, end of year
- $35,494
- Total liabilities, end of year
- $0
- Net assets, end of year
- $35,494
- Fair market value of assets
- $530,399
- Qualifying distributions
- $23,000
- Net investment income
- $33,455
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 |
|---|---|---|---|
| US BANK N A PO BOX 64193, EAGAN, MN 55164 | TRUSTEE | 1 | $8,415 |
| DAVID W KENNEDY 23 WALLACE STREET 305, RED BANK, NJ 07701 | CO-TRUSTEE | 1 | $2,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK N A PO BOX 0634, MILWAUKEE, WI 532010624 | TRUSTEE | 1 | $7,336 |
| DAVID W KENNEDY 23 WALLACE STREET 305, RED BANK, NJ 07701 | CO-TRUSTEE | 1 | $2,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK NA PO BOX 0634, MILWAUKEE, WI 532010634 | TRUSTEE | 1 | $7,394 |
| DAVID W KENNEDY 23 WALLACE STREET 305, RED BANK, NJ 07701 | CO-TRUSTEE | 1 | $800 |
Address and contacts
- Address (IRS master file)
- PO BOX 64193, SAINT PAUL, MN 55164-0193
- In care of
- % US BANK
- Signed the 990-PF
- U S BANK NA, TRUSTEE
- Phone
- (888) 265-7962
- Return prepared by
- PWC US TAX LLP
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
- 42-6275922
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $35,494
- Income (IRS master file)
- $34,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $33,497 | $30,915 | $35,494 | IRS |
| 990-PF | December 2024 | $18,352 | $25,367 | $32,911 | IRS |
| 990-PF | December 2023 | $41,979 | $42,661 | $39,924 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 42-6275922).
Questions about GEORGE MARSH SHEETS SCHOLARSHIP TRUST
- What is the EIN of GEORGE MARSH SHEETS SCHOLARSHIP TRUST?
- The employer identification number (EIN) of GEORGE MARSH SHEETS SCHOLARSHIP TRUST is 42-6275922.
- Is GEORGE MARSH SHEETS SCHOLARSHIP TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to GEORGE MARSH SHEETS SCHOLARSHIP TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GEORGE MARSH SHEETS SCHOLARSHIP TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GEORGE MARSH SHEETS SCHOLARSHIP TRUST 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 MARSH SHEETS SCHOLARSHIP TRUST 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 MARSH SHEETS SCHOLARSHIP TRUST?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $8,415 (US BANK N A, TRUSTEE).
- How much revenue does GEORGE MARSH SHEETS SCHOLARSHIP TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $33,497, expenses of $30,915 and total assets of $35,494 at year end.
Other nonprofits in SAINT PAUL
- MACALESTER COLLEGE EIN 41-0693962 · last filed 990 for 2025
- ST CATHERINE UNIVERSITY EIN 41-0695509 · last filed 990 for 2025
- BETHEL UNIVERSITY EIN 41-0708577 · last filed 990 for 2025
- UNIVERSITY OF NORTHWESTERN-ST PAUL EIN 41-0711610 · last filed 990 for 2025
- TRUSTEES OF THE HAMLINE UNIVERSITY OF MINNESOTA EIN 41-0693960 · last filed 990 for 2025
- MITCHELL HAMLINE SCHOOL OF LAW EIN 41-0518750 · last filed 990 for 2025
- ST PAUL ACADEMY AND SUMMIT SCHOOL EIN 41-0943433 · last filed 990 for 2025
- HMONG ACADEMY EIN 65-1180277 · last filed 990 for 2025