Nonprofit · EIN 47-6199193
GRACE M SCHULTE FOUNDATION
Tax-exempt · SAINT PAUL, MN 55164
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $161,856 | $75,743 | $86,113 | $1,631,044 | $0 | $1,631,044 |
| September 30, 2024 | 990-PF | $129,288 | $113,979 | $15,309 | $1,544,938 | $0 | $1,544,938 |
| September 30, 2023 | 990-PF | $157,602 | $110,490 | $47,112 | $1,529,674 | $0 | $1,529,674 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $59,042
- Net gain from sales of assets
- $102,791
- Other income
- $23
Expenses
- Grants and similar amounts paid
- $43,301
- Compensation of officers, directors and key employees
- $29,432
- Disbursements for charitable purposes
- $47,744
- Excise tax on investment income
- $1,872
Balance sheet and other
- Total assets, start of year
- $1,544,938
- Total assets, end of year
- $1,631,044
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,631,044
- Fair market value of assets
- $1,984,534
- Qualifying distributions
- $47,744
- Net investment income
- $161,630
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK N A PO BOX 64193, EAGAN, MN 55164 | TRUSTEE | 1 | $29,432 |
990-PF for the year ended September 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK NA PO BOX 0634, MILWAUKEE, WI 532010634 | CORP. TRUSTEE | 1 | $27,531 |
990-PF for the year ended September 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| US BANK NA 525 N 132ND ST, OMAHA, NE 68154 | CORP. TRUSTEE | 1 | $25,504 |
Address and contacts
- Address (IRS master file)
- PO BOX 64193, SAINT PAUL, MN 55164-0193
- In care of
- % MICHAEL L SULLIVAN
- Signed the 990-PF
- U S BANK N A BY, 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 47-6199193
- 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
- 1995
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $1,631,044
- Income (IRS master file)
- $1,048,751
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $161,856 | $75,743 | $1,631,044 | XML |
| 990-PF | September 2024 | $129,288 | $113,979 | $1,544,938 | XML |
| 990-PF | September 2023 | $157,602 | $110,490 | $1,529,674 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 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 47-6199193).
Questions about GRACE M SCHULTE FOUNDATION
- What is the EIN of GRACE M SCHULTE FOUNDATION?
- The employer identification number (EIN) of GRACE M SCHULTE FOUNDATION is 47-6199193.
- Is GRACE M SCHULTE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to GRACE M SCHULTE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRACE M SCHULTE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRACE M SCHULTE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE M SCHULTE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of GRACE M SCHULTE FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $29,432 (US BANK N A, TRUSTEE).
- How much revenue does GRACE M SCHULTE FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $161,856, expenses of $75,743 and total assets of $1,631,044 at year end.
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