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Nonprofit · EIN 42-6371803

BRUMMER STILES DUNCAN SCHOLARSHIP FUND

Tax-exempt · CHEROKEE, IA 51012

Financials

$454K$558K2024
Revenue Expenses · by fiscal year end
Financials of BRUMMER STILES DUNCAN SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$454,202$558,370-$104,168$8,620,100$0$8,620,100
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$53,114
Interest
$70,106
Net rental income
$171,279
Net gain from sales of assets
$138,620
Other income
$49

Expenses

Grants and similar amounts paid
$458,950
Compensation of officers, directors and key employees
$67,491
Disbursements for charitable purposes
$518,039
Excise tax on investment income
$3,967

Balance sheet and other

Total assets, start of year
$8,724,268
Total assets, end of year
$8,620,100
Total liabilities, end of year
$0
Net assets, end of year
$8,620,100
Fair market value of assets
$10,652,306
Qualifying distributions
$518,039
Net investment income
$321,238

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHEROKEE STATE BANK
212 W WILLOW ST, CHEROKEE, IA 51012
TRUSTEE8$67,491

Address and contacts

Address (IRS master file)
CHEROKEE STATE BANK 212 W WILLOW, CHEROKEE, IA 51012-0000
In care of
% CHEROKEE STATE BANK
Signed the 990-PF
CHEROKEE STATE BANK, TRUSTEE
Phone
(712) 225-3000
Return prepared by
BURKHARDT & DAWSON CPAS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-PF on file
2023September 30, 2024February 17, 2025990-PF on file

IRS record

EIN
42-6371803
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
1986
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$8,620,100
Income (IRS master file)
$2,619,088

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025–––IRS
990-PFSeptember 2024–––IRS
990-PFSeptember 2023$255,521$602,469$8,494,588IRS
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 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 BRUMMER STILES DUNCAN SCHOLARSHIP FUND

What is the EIN of BRUMMER STILES DUNCAN SCHOLARSHIP FUND?
The employer identification number (EIN) of BRUMMER STILES DUNCAN SCHOLARSHIP FUND is 42-6371803.
Is BRUMMER STILES DUNCAN SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to BRUMMER STILES DUNCAN SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BRUMMER STILES DUNCAN SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of BRUMMER STILES DUNCAN SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRUMMER STILES DUNCAN SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of BRUMMER STILES DUNCAN SCHOLARSHIP FUND?
The 990-PF for the year ended September 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $67,491 (CHEROKEE STATE BANK, TRUSTEE).
How much revenue does BRUMMER STILES DUNCAN SCHOLARSHIP FUND have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $454,202, expenses of $558,370 and total assets of $8,620,100 at year end.

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