Nonprofit · EIN 51-0180046
CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC
Tax-exempt · SAINT PAUL, MN 55114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $45,742 | $64,756 | -$19,014 | $779,805 | $0 | $779,805 |
| June 30, 2024 | 990-PF | $69,284 | $57,224 | $12,060 | $798,819 | $0 | $798,819 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $94
- Dividends
- $39,554
- Net gain from sales of assets
- $6,094
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $54,507
- Excise tax on investment income
- $492
Balance sheet and other
- Total assets, start of year
- $798,819
- Total assets, end of year
- $779,805
- Total liabilities, end of year
- $0
- Net assets, end of year
- $779,805
- Fair market value of assets
- $920,298
- Qualifying distributions
- $54,507
- Net investment income
- $45,648
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maggie Macpherson 134 W 48th Street, Minneapolis, MN 55419 | Director | 1.54 | $0 |
| Roderick J Macpherson III 937 Cromwell Ave, St Paul, MN 55114 | President | 1.54 | $0 |
| Mark Macpherson 937 Cromwell Ave, St Paul, MN 55114 | Secretary | 1.54 | $0 |
| Anne Johnson 8665 Collin Way, Inver Grove Heights, MN 55076 | Director | 1.54 | $0 |
| Lisa West 551 Marmik Circle, Hastings, MN 55033 | Director | 0.15 | $0 |
| Viktoria Davis 310 E Main St, Madelia, MN 56062 | Director | 1.54 | $0 |
| Maceda Xilian 14589 S Roberts St Unit 215, Rosemount, MN 55068 | Director | 1.54 | $0 |
990-PF for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maggie Macpherson 134 W 48th Street, Minneapolis, MN 55409 | Director | 1.54 | $0 |
| Roderick J Macpherson III 937 Cromwell Ave, St Paul, MN 55114 | President | 1.54 | $0 |
| Mark Macpherson 937 Cromwell Ave, St Paul, MN 55114 | Secretary | 1.54 | $0 |
| Anne Johnson 8665 Collin Way, Inver Grove Heights, MN 55076 | Director | 1.54 | $0 |
| Lisa West 551 Marmik Circle, Hastings, MN 55033 | DIrector | 0.15 | $0 |
Address and contacts
- Address (IRS master file)
- 937 CROMWELL AVE, SAINT PAUL, MN 55114-1121
- In care of
- % MINNESOTA WOMENS CENTER
- Signed the 990-PF
- Roderick Macpherson III, Chair
- Phone
- (651) 808-1206
- Website
- cemscholarship.org
- Return prepared by
- Abdo 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 51-0180046
- 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
- 1976
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $779,805
- Income (IRS master file)
- $369,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $45,742 | $64,756 | $779,805 | XML |
| 990-PF | June 2024 | $69,284 | $57,224 | $798,819 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 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 51-0180046).
Questions about CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC
- What is the EIN of CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC is 51-0180046.
- Is CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC?
- The 990-PF for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CAROL E MACPHERSON MEMORIAL SCHOLARSHIP FUND INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $45,742, expenses of $64,756 and total assets of $779,805 at year end.
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