Nonprofit · EIN 47-3790400
BAUSTERT FAMILY FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $104,185,535 | $29,267,232 | $74,918,303 | $162,385,776 | $0 | $162,385,776 |
| December 31, 2024 | 990-PF | $121,131,400 | $11,698,730 | $109,432,670 | $77,834,575 | $0 | $77,834,575 |
| December 31, 2023 | 990-PF | $10,965,782 | $1,099,734 | $9,866,048 | $30,728,473 | $0 | $30,728,473 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $5,046,005
- Net gain from sales of assets
- $99,139,530
Expenses
- Grants and similar amounts paid
- $27,650,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $27,789,097
- Excise tax on investment income
- $1,440,561
Balance sheet and other
- Total assets, start of year
- $77,834,575
- Total assets, end of year
- $162,385,776
- Total liabilities, end of year
- $0
- Net assets, end of year
- $162,385,776
- Fair market value of assets
- $162,385,776
- Qualifying distributions
- $27,789,097
- Net investment income
- $104,185,535
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | PRESIDENT, DIRECTOR (PART YEAR) | 0.1 | $0 |
| THEO J BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | DIRECTOR (PART YEAR) | 0.1 | $0 |
| BRIAN JEFFREY BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | PRESIDENT, DIRECTOR | 0.1 | $0 |
| JULIA L BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | DIRECTOR (PART YEAR) | 0.1 | $0 |
| TIMOTHY J BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | DIRECTOR | 0.1 | $0 |
| DAWN BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | DIRECTOR | 0.1 | $0 |
| CHRIS BAUSTERT 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | PRESIDENT, DIRECTOR | 0.1 | $0 |
| THEO J BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR (PART YEAR) | 0.1 | $0 |
| BRIAN JEFFREY BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
| JULIA L BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
| TIMOTHY J BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES L BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | PRESIDENT, DIRECTOR | 0.1 | $0 |
| THEO J BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR (PART YEAR) | 0.1 | $0 |
| BRIAN JEFFREY BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
| JULIA L BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
| TIMOTHY J BAUSTERT EP-MN-S14 101 E 5TH STREET, ST PAUL, MN 55101 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 800 NICOLLET MALL BC-MN-8CSA, MINNEAPOLIS, MN 55402-7000
- In care of
- % SARAH S GODFREY US BANK EP-MN-S14
- Signed the 990-PF
- BRIAN JEFFREY BAUSTERT, PRESIDENT
- Phone
- (651) 466-8710
- Return prepared by
- REDPATH AND COMPANY LLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-3790400
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $162,385,776
- Income (IRS master file)
- $105,285,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $104,185,535 | $29,267,232 | $162,385,776 | XML |
| 990-PF | December 2024 | $121,131,400 | $11,698,730 | $77,834,575 | XML |
| 990-PF | December 2023 | $10,965,782 | $1,099,734 | $30,728,473 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 47-3790400).
Questions about BAUSTERT FAMILY FOUNDATION
- What is the EIN of BAUSTERT FAMILY FOUNDATION?
- The employer identification number (EIN) of BAUSTERT FAMILY FOUNDATION is 47-3790400.
- Is BAUSTERT FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BAUSTERT FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BAUSTERT FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BAUSTERT FAMILY 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 BAUSTERT FAMILY 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 BAUSTERT FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does BAUSTERT FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $104,185,535, expenses of $29,267,232 and total assets of $162,385,776 at year end.
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