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Nonprofit · EIN 41-1734808

PIPER SANDLER FOUNDATION

Tax-exempt · MINNEAPOLIS, MN 55401

Financials

$4.1M$3.4M2023$4.1M$4.5M2024$12.1M$4.5M2025
Revenue Expenses · by fiscal year end
Financials of PIPER SANDLER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$12,147,551$4,483,749$7,663,802$11,442,990$0$11,442,990
December 31, 2024990-PF$4,138,526$4,500,503-$361,977$3,779,188$0$3,779,188
December 31, 2023990-PF$4,065,874$3,393,193$672,681$4,141,165$0$4,141,165
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,000,344
Dividends
$147,207

Expenses

Grants and similar amounts paid
$4,482,177
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,482,177
Excise tax on investment income
$2,024

Balance sheet and other

Total assets, start of year
$3,779,188
Total assets, end of year
$11,442,990
Total liabilities, end of year
$0
Net assets, end of year
$11,442,990
Fair market value of assets
$11,442,990
Qualifying distributions
$4,482,177
Net investment income
$147,207

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.

NameTitleHours / weekCompensation
KIM TUNG WASLEY
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
JORGE PUENTE
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR (THRU 4/25)1$0
SHELBY A NOBLE
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
MICHAEL M BAILEY
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
VICTORIA B BEARD
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
JOHN W GEELAN
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
PRESIDENT2$0
KATHERINE P CLUNE
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
CFO/TREASURER1.15$0
ROBERT ALASTAIR MATHIESON
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
MICHAEL R DILLAHUNT
350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN 55401
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
DEBBRA L SCHONEMAN
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
TIMOTHY L CARTER
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
CFO/TREASURER (THRU 3/1)2.15$0
KIM TUNG WASLEY
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
JORGE PUENTE
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
SHELBY A NOBLE
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
MICHAEL M BAILEY
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
MAY DELLA PIETRA
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
VICTORIA B BEARD
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
JOHN W GEELAN
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
PRESIDENT3$0
KATHERINE P CLUNE
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
CFO/TREASURER2.15$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DEBBRA L SCHONEMAN
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
TIMOTHY L CARTER
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
CFO/TREASURER2.15$0
KIM TUNG WASLEY
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
JORGE PUENTE
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
SHELBY A NOBLE
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
MIKKI C MATHEWS
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR (THRU 12/23)1$0
MICHAEL M BAILEY
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
MAY DELLA PIETRA
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
VICTORIA B BEARD
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR1$0
THOMAS P SCHNETTLER
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
DIRECTOR (THRU 11/23)1$0
JOHN W GEELAN
800 NICOLLET MALL SUITE 900, MINNEAPOLIS, MN 55402
PRESIDENT3$0

Address and contacts

Address (IRS master file)
350 N 5TH ST STE 1000, MINNEAPOLIS, MN 55401-5720
Signed the 990-PF
GREGORY MEYER, MANAGING DIRECTOR
Phone
(612) 303-0447
Return prepared by
KPMG 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-1734808
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
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,442,990
Income (IRS master file)
$12,147,551

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$12,147,551$4,483,749$11,442,990IRS
990-PFDecember 2024$4,138,526$4,500,503$3,779,188IRS
990-PFDecember 2023$4,065,874$3,393,193$4,141,165XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 41-1734808).

Questions about PIPER SANDLER FOUNDATION

What is the EIN of PIPER SANDLER FOUNDATION?
The employer identification number (EIN) of PIPER SANDLER FOUNDATION is 41-1734808.
Is PIPER SANDLER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to PIPER SANDLER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PIPER SANDLER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PIPER SANDLER 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 PIPER SANDLER 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 PIPER SANDLER FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does PIPER SANDLER FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,147,551, expenses of $4,483,749 and total assets of $11,442,990 at year end.

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