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Nonprofit · EIN 91-1770168

EDWARD L SCHWAB MEMORIAL FOUNDATION

Tax-exempt · ABERDEEN, SD 57402

Financials

$383K$340K2023$378K$426K2024
Revenue Expenses · by fiscal year end
Financials of EDWARD L SCHWAB MEMORIAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-PF$378,317$426,392-$48,075$1,668,838$0$1,668,838
August 31, 2024990-PF$383,476$339,889$43,587$1,716,913$0$1,716,913
Financial details: 990-PF for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$8,388
Dividends
$31,569
Net rental income
$244,651
Net gain from sales of assets
$33,773
Other income
$631

Expenses

Grants and similar amounts paid
$298,306
Compensation of officers, directors and key employees
$37,619
Disbursements for charitable purposes
$329,503
Excise tax on investment income
$3,873

Balance sheet and other

Total assets, start of year
$1,716,913
Total assets, end of year
$1,668,838
Total liabilities, end of year
$0
Net assets, end of year
$1,668,838
Fair market value of assets
$18,233,959
Qualifying distributions
$329,503
Net investment income
$369,929

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DACOTAH BANK
PO BOX 1210, ABERDEEN, SD 574021210
MANAGER1$37,619
TOM LABRIE
PO BOX 1210, ABERDEEN, SD 574021210
PRESIDENT0.5$0
TAMMIE PAULSON
PO BOX 1210, ABERDEEN, SD 574021210
MEMBER0.5$0
BARB DESNOYERS
PO BOX 1210, ABERDEEN, SD 574021210
SECRETARY/TREASURER0.5$0
DAVID MORITZ
PO BOX 1210, ABERDEEN, SD 574021210
VICE PRESIDENT0.5$0
MATT HOFMAN
PO BOX 1210, ABERDEEN, SD 574021210
MEMBER0.5$0
990-PF for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensation
DACOTAH BANK
PO BOX 1210, ABERDEEN, SD 574021210
MANAGER1$34,585
TOM LABRIE
PO BOX 1210, ABERDEEN, SD 574021210
PRESIDENT0.5$0
TAMMIE PAULSON
PO BOX 1210, ABERDEEN, SD 574021210
MEMBER0.5$0
BARB DESNOYERS
PO BOX 1210, ABERDEEN, SD 574021210
SECRETARY/TREASURER0.5$0
DAVID MORITZ
PO BOX 1210, ABERDEEN, SD 574021210
VICE PRESIDENT0.5$0
MATT HOFMAN
PO BOX 1210, ABERDEEN, SD 574021210
MEMBER0.5$0

Address and contacts

Address (IRS master file)
PO BOX 1210, ABERDEEN, SD 57402-1210
In care of
% THOMAS APPLETOFT
Signed the 990-PF
CASSIE BACKMAN, MANAGER
Phone
(605) 225-5611
Return prepared by
BRADY MARTZ & ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-PF on file
2023August 31, 2024January 15, 2025990-PF on file

IRS record

EIN
91-1770168
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
1997
Accounting year ends
August
Files
Form 990-PF
Assets (IRS master file)
$1,668,838
Income (IRS master file)
$581,488

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFAugust 2025$378,317$426,392$1,668,838XML
990-PFAugust 2024$383,476$339,889$1,716,913XML
990-PFAugust 2023–––IRS
990-PFAugust 2022–––IRS
990-PFAugust 2021–––IRS
990-PFAugust 2019–––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 91-1770168).

Questions about EDWARD L SCHWAB MEMORIAL FOUNDATION

What is the EIN of EDWARD L SCHWAB MEMORIAL FOUNDATION?
The employer identification number (EIN) of EDWARD L SCHWAB MEMORIAL FOUNDATION is 91-1770168.
Is EDWARD L SCHWAB MEMORIAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to EDWARD L SCHWAB MEMORIAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EDWARD L SCHWAB MEMORIAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of EDWARD L SCHWAB MEMORIAL FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDWARD L SCHWAB MEMORIAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended August 2025.
Who are the officers and directors of EDWARD L SCHWAB MEMORIAL FOUNDATION?
The 990-PF for the year ended August 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $37,619 (DACOTAH BANK, MANAGER).
How much revenue does EDWARD L SCHWAB MEMORIAL FOUNDATION have?
On its 990-PF for the year ended August 31, 2025 it reported revenue of $378,317, expenses of $426,392 and total assets of $1,668,838 at year end.

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