Nonprofit · EIN 82-1121883
PERSEPHONE FUND
Tax-exempt · MINNEAPOLIS, MN 55401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $160,082 | $188,517 | -$28,435 | $2,366,978 | $75 | $2,366,903 |
| December 31, 2024 | 990-PF | $332,289 | $504,848 | -$172,559 | $2,395,388 | $50 | $2,395,338 |
| December 31, 2023 | 990-PF | -$27,413 | $189,596 | -$217,009 | $2,567,926 | $25 | $2,567,901 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $83,536
- Net gain from sales of assets
- $76,005
- Other income
- $541
Expenses
- Grants and similar amounts paid
- $165,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $168,175
- Excise tax on investment income
- $2,192
Balance sheet and other
- Total assets, start of year
- $2,395,388
- Total assets, end of year
- $2,366,978
- Total liabilities, end of year
- $75
- Net assets, end of year
- $2,366,903
- Fair market value of assets
- $3,631,019
- Qualifying distributions
- $168,175
- Net investment income
- $167,634
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 |
|---|---|---|---|
| BENSON K WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | TREASURER, SECRETARY, DIRE | 1 | $0 |
| MARY FARNHAM WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | PRESIDENT, DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENSON K WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | TREASURER, SECRETARY, DIRE | 1 | $0 |
| MARY FARNHAM WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | PRESIDENT, DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENSON K WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | TREASURER, SECRETARY, DIRE | 1 | $0 |
| MARY FARNHAM WHITNEY 117 PORTLAND AVE 101, MINNEAPOLIS, MN 55401 | PRESIDENT, DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 117 PORTLAND AVE APT 101, MINNEAPOLIS, MN 55401-2559
- In care of
- % CORPORATION TRUST CENTER
- Signed the 990-PF
- BENSON WHITNEY, OFFICER
- Phone
- (612) 840-1103
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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
- 82-1121883
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $2,366,978
- Income (IRS master file)
- $193,446
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $160,082 | $188,517 | $2,366,978 | XML |
| 990-PF | December 2024 | $332,289 | $504,848 | $2,395,388 | XML |
| 990-PF | December 2023 | -$27,413 | $189,596 | $2,567,926 | 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 82-1121883).
Questions about PERSEPHONE FUND
- What is the EIN of PERSEPHONE FUND?
- The employer identification number (EIN) of PERSEPHONE FUND is 82-1121883.
- Is PERSEPHONE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PERSEPHONE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PERSEPHONE FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PERSEPHONE FUND 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 PERSEPHONE FUND 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 PERSEPHONE FUND?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does PERSEPHONE FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $160,082, expenses of $188,517 and total assets of $2,366,978 at year end.
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