Nonprofit · EIN 20-2539936
WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $283,405 | $488,974 | -$205,569 | $6,576,393 | $0 | $6,576,393 |
| December 31, 2024 | 990-PF | $542,137 | $505,173 | $36,964 | $6,781,962 | $0 | $6,781,962 |
| December 31, 2023 | 990-PF | $400,559 | $513,386 | -$112,827 | $6,744,998 | $0 | $6,744,998 |
| December 31, 2021 | 990-PF | $545,251 | $490,331 | $54,920 | $5,814,332 | $0 | $5,814,332 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $227,899
- Net gain from sales of assets
- $55,248
- Other income
- $258
Expenses
- Grants and similar amounts paid
- $300,000
- Compensation of officers, directors and key employees
- $120,000
- Disbursements for charitable purposes
- $404,356
- Excise tax on investment income
- $2,787
Balance sheet and other
- Total assets, start of year
- $6,781,962
- Total assets, end of year
- $6,576,393
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,576,393
- Fair market value of assets
- $9,065,498
- Qualifying distributions
- $404,356
- Net investment income
- $283,405
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 |
|---|---|---|---|
| GENE C OLSON 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $60,000 |
| ANDREA S BRECKNER 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $60,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENE C OLSON 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $60,000 |
| ANDREA S BRECKNER 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $60,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENE C OLSON 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $50,000 |
| UNION BANK TRUST THRU 1023 312 CENTRAL AVE SE 508, MINNEAPOLIS, MN 55414 | TRUSTEE | 0.5 | $29,001 |
990-PF for the year ended December 31, 2021: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GENE C OLSON 150 S FIFTH ST 2825, MINNEAPOLIS, MN 55402 | TRUSTEE | 15 | $50,000 |
| UNION BANK TRUST 312 CENTRAL AVE SE 508, MINNEAPOLIS, MN 55414 | TRUSTEE | 0.5 | $32,258 |
Address and contacts
- Address (IRS master file)
- CO GENE C OLSON 150 S FIFTH 282, MINNEAPOLIS, MN 55402-0000
- In care of
- % GENE C OLSON TTEE
- Signed the 990-PF
- GENE C OLSON, CO-TRUSTEE
- Phone
- (612) 455-1000
- Return prepared by
- RSM US 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 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
- 20-2539936
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $6,576,393
- Income (IRS master file)
- $2,623,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $283,405 | $488,974 | $6,576,393 | XML |
| 990-PF | December 2024 | $542,137 | $505,173 | $6,781,962 | IRS |
| 990-PF | December 2023 | $400,559 | $513,386 | $6,744,998 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $545,251 | $490,331 | $5,814,332 | XML |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 20-2539936).
Questions about WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION
- What is the EIN of WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION?
- The employer identification number (EIN) of WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION is 20-2539936.
- Is WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE 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 WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE 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 WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $60,000 (GENE C OLSON, TRUSTEE).
- How much revenue does WILLIAM O LUND JR AND NATALIE C LUND CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $283,405, expenses of $488,974 and total assets of $6,576,393 at year end.
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