Nonprofit · EIN 41-1572465
EUGENE C & GAIL V SIT FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $526,038 | $988,734 | -$462,696 | $3,986,414 | $27,500 | $3,958,914 |
| November 30, 2024 | 990-PF | $365,724 | $926,281 | -$560,557 | $4,427,845 | $5,156 | $4,422,689 |
| November 30, 2023 | 990-PF | $488,078 | $781,838 | -$293,760 | $4,913,880 | $25 | $4,913,855 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $271,224
- Interest
- $826
- Net gain from sales of assets
- $253,988
Expenses
- Grants and similar amounts paid
- $980,000
- Disbursements for charitable purposes
- $980,161
- Excise tax on investment income
- $7,202
Balance sheet and other
- Total assets, start of year
- $4,427,845
- Total assets, end of year
- $3,986,414
- Total liabilities, end of year
- $27,500
- Net assets, end of year
- $3,958,914
- Fair market value of assets
- $22,324,797
- Qualifying distributions
- $980,161
- Net investment income
- $526,671
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 November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD D SIT 80 South 8th Street Suite 3300, Minneapolis, MN 55402 | Director | 0 | $0 |
990-PF for the year ended November 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD D SIT 80 South 8th Street Ste Ste3300, Minneapolis, MN 55402 | Director | 0 | $0 |
990-PF for the year ended November 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD D SIT 80 South 8th Street Ste Ste3300, Minneapolis, MN 55402 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 80 S 8TH ST STE 3300, MINNEAPOLIS, MN 55402-2206
- In care of
- % RONALD D SIT
- Signed the 990-PF
- RONALD D SIT, Director
- Phone
- (612) 359-2530
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 41-1572465
- Accounting year ends
- November
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,986,414
- Income (IRS master file)
- $633,567
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | $526,038 | $988,734 | $3,986,414 | XML |
| 990-PF | November 2024 | $365,724 | $926,281 | $4,427,845 | XML |
| 990-PF | November 2023 | $488,078 | $781,838 | $4,913,880 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | 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 41-1572465).
Questions about EUGENE C & GAIL V SIT FOUNDATION
- What is the EIN of EUGENE C & GAIL V SIT FOUNDATION?
- The employer identification number (EIN) of EUGENE C & GAIL V SIT FOUNDATION is 41-1572465.
- Is EUGENE C & GAIL V SIT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does EUGENE C & GAIL V SIT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EUGENE C & GAIL V SIT FOUNDATION due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EUGENE C & GAIL V SIT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of EUGENE C & GAIL V SIT FOUNDATION?
- The 990-PF for the year ended November 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does EUGENE C & GAIL V SIT FOUNDATION have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $526,038, expenses of $988,734 and total assets of $3,986,414 at year end.
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