Nonprofit · EIN 92-2341347
BUCK AND LOIS SCHEELE FOUNDATION
Tax-exempt · WILLISTON, ND 58801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $9,444,967 | $880,708 | $8,564,259 | $25,186,187 | $22,067 | $25,164,120 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,500,000
- Dividends
- $153,415
- Interest
- $699,441
- Net gain from sales of assets
- $92,111
Expenses
- Grants and similar amounts paid
- $862,000
- Disbursements for charitable purposes
- $862,000
- Excise tax on investment income
- $13,088
Balance sheet and other
- Total assets, start of year
- $16,599,861
- Total assets, end of year
- $25,186,187
- Total liabilities, end of year
- $22,067
- Net assets, end of year
- $25,164,120
- Fair market value of assets
- $28,842,891
- Qualifying distributions
- $862,000
- Net investment income
- $944,967
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 |
|---|---|---|---|
| LOIS SCHEELE 1020 42ND ST EAST, WILLISTON, ND 58801 | PRESIDENT | 0 | $0 |
| TOM POWERS 1607 4TH AVE E, WILLISTON, ND 58801 | VICE PRESIDE | 0 | $0 |
| ADAM GROTH 3812 MONREO DRIVE, BISMARCK, ND 58503 | ASST VICE PR | 0 | $0 |
| LISA PATTON 716 1ST AVE W, WILLISTON, ND 58801 | ASST VICE PR | 0 | $0 |
| CHERYL POWERS 1607 4TH AVE E, WILLISTON, ND 58801 | SECR/TREAS | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1020 42ND ST E, WILLISTON, ND 58801-6809
- Signed the 990-PF
- LOIS SCHEELE, PRESIDENT
- Phone
- (701) 570-4614
- Return prepared by
- HAGA KOMMER LTD
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
- 92-2341347
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $25,186,187
- Income (IRS master file)
- $12,442,857
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $15,313,750 | $680,000 | $14,633,750 | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about BUCK AND LOIS SCHEELE FOUNDATION
- What is the EIN of BUCK AND LOIS SCHEELE FOUNDATION?
- The employer identification number (EIN) of BUCK AND LOIS SCHEELE FOUNDATION is 92-2341347.
- Is BUCK AND LOIS SCHEELE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to BUCK AND LOIS SCHEELE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BUCK AND LOIS SCHEELE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUCK AND LOIS SCHEELE FOUNDATION 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 BUCK AND LOIS SCHEELE FOUNDATION 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 BUCK AND LOIS SCHEELE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does BUCK AND LOIS SCHEELE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $9,444,967, expenses of $880,708 and total assets of $25,186,187 at year end.
Other nonprofits in WILLISTON
- WILLISTON STATE COLLEGE SUPPORTING FOUNDATION EIN 83-2369114 · last filed 990 for 2025
- NORTHWEST NORTH DAKOTA COMMUNITY FOUNDATION INC EIN 47-2581417 · last filed 990 for 2024
- CECIL DANIEL TRUST FBO ST JOSEPH CATHOLIC CHURCH EIN 81-7054490 · last filed 990 for 2024
- WESTERN STAR AVIATION EDUCATION FUND EIN 92-3973037 · last filed 990 for 2024
- WESTERN STAR FOUNDATION INC EIN 91-1759393 · last filed 990-N for 2024
- DORIS MARCOUX EDUCATIONAL TR EIN 84-6651996 · last filed 990-PF for 2025
- GLENN PERKINS EDUCATIONAL FOUNDATION EIN 82-6656883 · last filed 990-PF for 2024
- FRANK A WENSTROM AND M ESTHER WENSTROM FOUNDATION EIN 45-0447357 · last filed 990-PF for 2025
All nonprofits in WILLISTON · North Dakota · Philanthropy, voluntarism and grantmaking foundations