Skip to main content

Nonprofit · EIN 46-6010949

JOHN E SOLEM SCHOLARSHIP TRUST

Tax-exempt · SIOUX FALLS, SD 57104

Financials

$8K$12K2023$15K$12K2024$14K$13K2025
Revenue Expenses · by fiscal year end
Financials of JOHN E SOLEM SCHOLARSHIP TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$13,758$13,187$571$116,761$0$116,761
December 31, 2024990-PF$15,489$11,890$3,599$116,194$0$116,194
December 31, 2023990-PF$8,189$12,354-$4,165$112,563$0$112,563
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$4,981
Net gain from sales of assets
$8,777

Expenses

Grants and similar amounts paid
$7,500
Compensation of officers, directors and key employees
$2,222
Disbursements for charitable purposes
$8,575
Excise tax on investment income
$129

Balance sheet and other

Total assets, start of year
$116,194
Total assets, end of year
$116,761
Total liabilities, end of year
$0
Net assets, end of year
$116,761
Fair market value of assets
$193,818
Qualifying distributions
$8,575
Net investment income
$13,758

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
The First Nat'l Bank in Sioux Falls
100 S Phillips Ave, Sioux Falls, SD 57104
Trustee1$2,222
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
The First Nat'l Bank in Sioux Falls
100 S Phillips Ave, Sioux Falls, SD 57104
Trustee1$2,067
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
The First Nat'l Bank in Sioux Falls
100 S Phillips Ave, Sioux Falls, SD 57104
Trustee1$1,956

Address and contacts

Address (IRS master file)
100 S PHILLIPS AVE, SIOUX FALLS, SD 57104-6745
In care of
% FIRST NATIONAL BANK IN SIOUX
Signed the 990-PF
Marit Moberg, Trust Officer
Phone
(605) 335-5180
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
46-6010949
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
1954
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$116,761
Income (IRS master file)
$26,728

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$13,758$13,187$116,761XML
990-PFDecember 2024$15,489$11,890$116,194XML
990-PFDecember 2023$8,189$12,354$112,563XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 46-6010949).

Questions about JOHN E SOLEM SCHOLARSHIP TRUST

What is the EIN of JOHN E SOLEM SCHOLARSHIP TRUST?
The employer identification number (EIN) of JOHN E SOLEM SCHOLARSHIP TRUST is 46-6010949.
Is JOHN E SOLEM SCHOLARSHIP TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
Are donations to JOHN E SOLEM SCHOLARSHIP TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JOHN E SOLEM SCHOLARSHIP TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of JOHN E SOLEM 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 JOHN E SOLEM 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 JOHN E SOLEM SCHOLARSHIP TRUST?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $2,222 (The First Nat'l Bank in Sioux Falls, Trustee).
How much revenue does JOHN E SOLEM SCHOLARSHIP TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $13,758, expenses of $13,187 and total assets of $116,761 at year end.

Other nonprofits in SIOUX FALLS

All nonprofits in SIOUX FALLS · South Dakota