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Nonprofit · EIN 46-0358682

SHELDON F REESE FOUNDATION

Tax-exempt · SIOUX FALLS, SD 57109

Financials

$700K$307K2023$353K$332K2024$570K$360K2025
Revenue Expenses · by fiscal year end
Financials of SHELDON F REESE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$570,167$359,722$210,445$5,056,079$0$5,056,079
December 31, 2024990-PF$353,017$332,415$20,602$4,845,634$0$4,845,634
December 31, 2023990-PF$699,869$307,034$392,835$4,825,032$0$4,825,032
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$90,821
Net gain from sales of assets
$479,346

Expenses

Grants and similar amounts paid
$345,900
Compensation of officers, directors and key employees
$6,000
Disbursements for charitable purposes
$356,800
Excise tax on investment income
$7,885

Balance sheet and other

Total assets, start of year
$4,845,634
Total assets, end of year
$5,056,079
Total liabilities, end of year
$0
Net assets, end of year
$5,056,079
Fair market value of assets
$7,149,651
Qualifying distributions
$356,800
Net investment income
$570,167

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.

NameTitleHours / weekCompensation
DEBORAH OLSON
PO BOX 89704, SIOUX FALLS, SD 57109
SECRETARY1$6,000
JOHN QUELLO
PO BOX 89704, SIOUX FALLS, SD 57109
PRESIDENT1$0
VIRGINIA PAVELKA LUKE
PO BOX 89704, SIOUX FALLS, SD 57109
VICE-PRESIDENT1$0
VANCE GOLDAMMER
PO BOX 89704, SIOUX FALLS, SD 57109
TREASURER1$0
GREGG GOHL
PO BOX 89704, SIOUX FALLS, SD 57109
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
DEBORAH OLSON
PO BOX 89704, SIOUX FALLS, SD 57109
SECRETARY1$6,000
JOHN QUELLO
PO BOX 89704, SIOUX FALLS, SD 57109
PRESIDENT1$0
VIRGINIA PAVELKA LUKE
PO BOX 89704, SIOUX FALLS, SD 57109
VICE-PRESIDENT1$0
VANCE GOLDAMMER
PO BOX 89704, SIOUX FALLS, SD 57109
TREASURER1$0
GREGG GOHL
PO BOX 89704, SIOUX FALLS, SD 57109
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DEBORAH OLSON
PO BOX 89704, SIOUX FALLS, SD 57109
SECRETARY1$6,000
JOHN QUELLO
PO BOX 89704, SIOUX FALLS, SD 57109
PRESIDENT1$0
VIRGINIA PAVELKA LUKE
PO BOX 89704, SIOUX FALLS, SD 57109
VICE-PRESIDENT1$0
VANCE GOLDAMMER
PO BOX 89704, SIOUX FALLS, SD 57109
TREASURER1$0
GREGG GOHL
PO BOX 89704, SIOUX FALLS, SD 57109
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 89704, SIOUX FALLS, SD 57109-9704
In care of
% WELLS FARGO ITG TRUST N9714-035
Signed the 990-PF
JOHN QUELLO, PRESIDENT
Phone
(605) 336-1699
Return prepared by
EIDE BAILLY 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-0358682
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
1980
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,056,079
Income (IRS master file)
$1,116,784

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$570,167$359,722$5,056,079XML
990-PFDecember 2024$353,017$332,415$4,845,634XML
990-PFDecember 2023$699,869$307,034$4,825,032XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 46-0358682).

Questions about SHELDON F REESE FOUNDATION

What is the EIN of SHELDON F REESE FOUNDATION?
The employer identification number (EIN) of SHELDON F REESE FOUNDATION is 46-0358682.
Is SHELDON F REESE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SHELDON F REESE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHELDON F REESE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SHELDON F REESE 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 SHELDON F REESE 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 SHELDON F REESE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $6,000 (DEBORAH OLSON, SECRETARY).
How much revenue does SHELDON F REESE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $570,167, expenses of $359,722 and total assets of $5,056,079 at year end.

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