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Nonprofit · EIN 42-6546523

JESSE ELFERS SCHOLARSHIP TRUST NO 2

Tax-exempt · SAINT PAUL, MN 55164

Financials

$12K$13K2023$8K$9K2024$15K$12K2025
Revenue Expenses · by fiscal year end
Financials of JESSE ELFERS SCHOLARSHIP TRUST NO 2 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2026990-PF$14,915$11,683$3,232$180,440$0$180,440
January 31, 2025990-PF$8,026$9,145-$1,119$177,272$0$177,272
January 31, 2024990-PF$12,251$12,945-$694$178,387$0$178,387
Financial details: 990-PF for the year ended January 31, 2026

Revenue

Dividends
$7,523
Net gain from sales of assets
$7,387
Other income
$5

Expenses

Grants and similar amounts paid
$7,768
Compensation of officers, directors and key employees
$2,326
Disbursements for charitable purposes
$9,501
Excise tax on investment income
$174

Balance sheet and other

Total assets, start of year
$177,272
Total assets, end of year
$180,440
Total liabilities, end of year
$0
Net assets, end of year
$180,440
Fair market value of assets
$211,497
Qualifying distributions
$9,501
Net investment income
$14,668

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 January 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
US BANK NA
PO BOX 64193, EAGAN, MN 55164
TRUSTEE1$2,326
990-PF for the year ended January 31, 2025: 1 people
NameTitleHours / weekCompensation
US BANK NA
222 SECOND AVE SE, CEDAR RAPIDS, IA 524011296
TRUSTEE1$2,300
990-PF for the year ended January 31, 2024: 1 people
NameTitleHours / weekCompensation
US BANK NA
222 SECOND AVE SE, CEDAR RAPIDS, IA 524011296
TRUSTEE1$2,365

Address and contacts

Address (IRS master file)
PO BOX 64193, SAINT PAUL, MN 55164-0193
In care of
% US BANK TRUST TAX DEPT
Signed the 990-PF
US 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 January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026990-PF on file
2024January 31, 2025June 16, 2025990-PF on file
2023January 31, 2024June 17, 2024990-PF on file

IRS record

EIN
42-6546523
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
January
Files
Form 990-PF
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$180,440
Income (IRS master file)
$60,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJanuary 2026$14,915$11,683$180,440XML
990-PFJanuary 2025$8,026$9,145$177,272XML
990-PFJanuary 2024$12,251$12,945$178,387XML
990-PFJanuary 2023–––IRS
990-PFJanuary 2022–––IRS
990-PFJanuary 2021–––IRS
990-PFJanuary 2019–––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 42-6546523).

Questions about JESSE ELFERS SCHOLARSHIP TRUST NO 2

What is the EIN of JESSE ELFERS SCHOLARSHIP TRUST NO 2?
The employer identification number (EIN) of JESSE ELFERS SCHOLARSHIP TRUST NO 2 is 42-6546523.
Is JESSE ELFERS SCHOLARSHIP TRUST NO 2 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to JESSE ELFERS SCHOLARSHIP TRUST NO 2 tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JESSE ELFERS SCHOLARSHIP TRUST NO 2 file?
Form 990-PF. Private foundations file every year.
When is the next return of JESSE ELFERS SCHOLARSHIP TRUST NO 2 due?
The return for tax year 2026 (the year ending January 31, 2027) is due June 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JESSE ELFERS SCHOLARSHIP TRUST NO 2 last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended January 2026.
Who are the officers and directors of JESSE ELFERS SCHOLARSHIP TRUST NO 2?
The 990-PF for the year ended January 31, 2026 lists 1 person; 1 received compensation from the organization, the highest $2,326 (US BANK NA, TRUSTEE).
How much revenue does JESSE ELFERS SCHOLARSHIP TRUST NO 2 have?
On its 990-PF for the year ended January 31, 2026 it reported revenue of $14,915, expenses of $11,683 and total assets of $180,440 at year end.

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