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Nonprofit · EIN 47-2030913

NORMAN AND EVANGELINE HAGFORS FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$1.2M$1.1M2023$2.4M$1.6M2024$3.3M$1.7M2025
Revenue Expenses · by fiscal year end
Financials of NORMAN AND EVANGELINE HAGFORS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,312,283$1,737,026$1,575,257$23,351,095$0$23,351,095
December 31, 2024990-PF$2,448,028$1,641,185$806,843$21,775,838$0$21,775,838
December 31, 2023990-PF$1,210,908$1,124,653$86,255$20,969,643$0$20,969,643
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$508,085
Dividends
$762,257
Net gain from sales of assets
$2,041,941

Expenses

Grants and similar amounts paid
$1,635,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,644,208
Excise tax on investment income
$38,256

Balance sheet and other

Total assets, start of year
$21,775,838
Total assets, end of year
$23,351,095
Total liabilities, end of year
$0
Net assets, end of year
$23,351,095
Fair market value of assets
$35,184,750
Qualifying distributions
$1,644,208
Net investment income
$2,804,198

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
NORMAN HAGFORS
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, MINNEAPOLIS, MN 55402
DIRECTOR/PRESIDENT/TREASURER0$0
MARK HAGFORS
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, NORTH OAKS, MN 55402
DIRECTOR/VICE-PRESIDENT0$0
RACHEL PICKERIGN
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, NORTH OAKS, MN 55402
DIRECTOR/VICE-PRESIDENT/SECRETARY0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
NORMAN HAGFORS
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, MINNEAPOLIS, MN 55402
DIRECTOR/PRESIDENT/TREASURER0$0
MARK HAGFORS
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, NORTH OAKS, MN 55402
DIRECTOR/VICE-PRESIDENT0$0
RACHEL PICKERIGN
C/O TERRY SLYE 80 S 8TH STREET, SUITE 2200, NORTH OAKS, MN 55402
DIRECTOR/VICE-PRESIDENT/SECRETARY0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
NORMAN HAGFORS
18 EVERGREEN ROAD, NORTH OAKS, MN 55127
DIRECTOR/PRESIDENT0$0
MARK HAGFORS
1 SCOTCH PINE ROAD, NORTH OAKS, MN 55127
DIRECTOR/VICE-PRESIDENT0$0
RACHEL PICKERIGN
7 DOGWOOD LANE, NORTH OAKS, MN 55127
DIRECTOR/VICE-PRESIDENT0$0
EVANGELINE HAGFORS
18 EVERGREEN ROAD, NORTH OAKS, MN 55127
DIRECTOR/SECRETARY0$0

Address and contacts

Address (IRS master file)
80 S 8TH ST STE 2200, MINNEAPOLIS, MN 55402-2210
In care of
% TERRY L SLYE
Signed the 990-PF
NORMAN HAGFORS, PRESIDENT
Phone
(612) 977-8131
Return prepared by
TAFT STETTINIUS & HOLLISTER 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
47-2030913
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$23,351,095
Income (IRS master file)
$7,287,371

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$3,312,283$1,737,026$23,351,095IRS
990-PFDecember 2024$2,448,028$1,641,185$21,775,838IRS
990-PFDecember 2023$1,210,908$1,124,653$20,969,643XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 47-2030913).

Questions about NORMAN AND EVANGELINE HAGFORS FOUNDATION

What is the EIN of NORMAN AND EVANGELINE HAGFORS FOUNDATION?
The employer identification number (EIN) of NORMAN AND EVANGELINE HAGFORS FOUNDATION is 47-2030913.
Is NORMAN AND EVANGELINE HAGFORS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to NORMAN AND EVANGELINE HAGFORS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NORMAN AND EVANGELINE HAGFORS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of NORMAN AND EVANGELINE HAGFORS 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 NORMAN AND EVANGELINE HAGFORS 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 NORMAN AND EVANGELINE HAGFORS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does NORMAN AND EVANGELINE HAGFORS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,312,283, expenses of $1,737,026 and total assets of $23,351,095 at year end.

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