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Nonprofit · EIN 41-1796849

IV FOUNDATION

Tax-exempt · EXCELSIOR, MN 55331

Financials

$37K$54K2023$66K$49K2024$98K$51K2025
Revenue Expenses · by fiscal year end
Financials of IV FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$98,215$51,452$46,763$828,594$0$828,594
December 31, 2024990-PF$65,881$49,111$16,770$782,361$1,295$781,066
December 31, 2023990-PF$36,643$53,597-$16,954$765,591$1,295$764,296
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$39,322
Interest
$1,692
Net gain from sales of assets
$57,201

Expenses

Grants and similar amounts paid
$40,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$44,856
Excise tax on investment income
$1,298

Balance sheet and other

Total assets, start of year
$782,361
Total assets, end of year
$828,594
Total liabilities, end of year
$0
Net assets, end of year
$828,594
Fair market value of assets
$1,175,232
Qualifying distributions
$44,856
Net investment income
$98,215

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
KAREN PETERSEN
12542 MERIBEL ST, VENICE, FL 34293
PRESIDENT0$0
PAM PETERSEN-SOLTAU
60 BIRCH BLUFF ROAD, EXCELSIOR, MN 55331
BOARD MEMBER0$0
ANNA HERZOG
301 S NEW YORK AVE, ENGLEWOOD, FL 34223
BOARD MEMBER0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
KAREN PETERSEN
1905 MISSISSIPPI AVE, ENGLEWOOD, FL 34224
PRESIDENT0$0
PAM PETERSEN-SOLTAU
60 BIRCH BLUFF ROAD, EXCELSIOR, MN 55331
BOARD MEMBER0$0
ANNA HERZOG
301 S NEW YORK AVE, ENGLEWOOD, FL 34223
BOARD MEMBER0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KAREN PETERSEN
1905 MISSISSIPPI AVE, ENGLEWOOD, FL 34224
PRESIDENT0$0
PAM PETERSEN-SOLTAU
60 BIRCH BLUFF ROAD, EXCELSIOR, MN 55331
BOARD MEMBER0$0
ANNA HERZOG
301 S NEW YORK AVE, ENGLEWOOD, FL 34223
BOARD MEMBER0$0

Address and contacts

Address (IRS master file)
60 BIRCH BLUFF RD, EXCELSIOR, MN 55331-8510
In care of
% KAREN PETERSEN
Signed the 990-PF
PAMELA PETERSEN-SOLTAU, BOARD MEMBER
Phone
(952) 960-0900
Return prepared by
SDK CPA

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
41-1796849
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
1996
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B70I)
Assets (IRS master file)
$828,594
Income (IRS master file)
$98,215

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$98,215$51,452$828,594IRS
990-PFDecember 2024$65,881$49,111$782,361XML
990-PFDecember 2023$36,643$53,597$765,591XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 41-1796849).

Questions about IV FOUNDATION

What is the EIN of IV FOUNDATION?
The employer identification number (EIN) of IV FOUNDATION is 41-1796849.
Is IV FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to IV FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does IV FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of IV 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 IV 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 IV FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does IV FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $98,215, expenses of $51,452 and total assets of $828,594 at year end.

Other nonprofits in EXCELSIOR

All nonprofits in EXCELSIOR · Minnesota · Education