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Nonprofit · EIN 59-3671115

FARRELL FAMILY FOUNDATION INC

Tax-exempt · EDEN PRAIRIE, MN 55347

Financials

$28K$45K2023$60K$65K2024$83K$64K2025
Revenue Expenses · by fiscal year end
Financials of FARRELL FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$82,560$63,574$18,986$922,633$0$922,633
December 31, 2024990-PF$59,765$65,063-$5,298$861,174$0$861,174
December 31, 2023990-PF$28,293$45,097-$16,804$797,303$0$797,303
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$8,186
Interest
$2,145
Net gain from sales of assets
$72,108
Other income
$121

Expenses

Grants and similar amounts paid
$43,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$44,850
Excise tax on investment income
$887

Balance sheet and other

Total assets, start of year
$861,174
Total assets, end of year
$922,633
Total liabilities, end of year
$0
Net assets, end of year
$922,633
Fair market value of assets
$922,633
Qualifying distributions
$44,850
Net investment income
$82,560

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
FRANK S FARRELL JR
11522 WELTERS WAY, EDEN PRAIRIE, MN 55347
DIRECTOR0$0
MARY JANE RASMUSSEN
12 IMPERIAL COURT, WESTBOROUGH, MA 01581
DIRECTOR0$0
ALFRED C FARRELL
15 PINE STREET, WINDERMERE, FL 34786
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
FRANK S FARRELL JR
11522 WELTERS WAY, EDEN PRAIRIE, MN 55347
DIRECTOR0$0
MARY JANE RASMUSSEN
12 IMPERIAL COURT, WESTBOROUGH, MA 01581
DIRECTOR0$0
ALFRED C FARRELL
15 PINE STREET, WINDERMERE, FL 34786
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
FRANK S FARRELL JR
11522 WELTERS WAY, EDEN PRAIRIE, MN 55347
DIRECTOR0$0
MARY JANE RASMUSSEN
12 IMPERIAL COURT, WESTBOROUGH, MA 01581
DIRECTOR0$0
ALFRED C FARRELL
15 PINE STREET, WINDERMERE, FL 34786
DIRECTOR0$0

Address and contacts

Address (IRS master file)
11522 WELTERS WAY, EDEN PRAIRIE, MN 55347-2846
In care of
% FRANK S FARRELL JR
Signed the 990-PF
FRANK FARRELL, OFFICER
Phone
(952) 829-0998
Return prepared by
BGM ADVISORY 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 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
59-3671115
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$922,633
Income (IRS master file)
$340,827

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$82,560$63,574$922,633XML
990-PFDecember 2024$59,765$65,063$861,174XML
990-PFDecember 2023$28,293$45,097$797,303XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 59-3671115).

Questions about FARRELL FAMILY FOUNDATION INC

What is the EIN of FARRELL FAMILY FOUNDATION INC?
The employer identification number (EIN) of FARRELL FAMILY FOUNDATION INC is 59-3671115.
Is FARRELL FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to FARRELL FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FARRELL FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FARRELL FAMILY FOUNDATION INC 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 FARRELL FAMILY FOUNDATION INC 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 FARRELL FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FARRELL FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $82,560, expenses of $63,574 and total assets of $922,633 at year end.

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