Nonprofit · EIN 41-1873951
PATCH FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55418
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $809,699 | $929,160 | -$119,461 | $3,700,955 | $0 | $3,700,955 |
| December 31, 2024 | 990-PF | $225,348 | $968,507 | -$743,159 | $3,820,416 | $0 | $3,820,416 |
| December 31, 2023 | 990-PF | $227,697 | $1,079,880 | -$852,183 | $4,563,575 | $0 | $4,563,575 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $700,000
- Dividends
- $109,560
- Interest
- $139
Expenses
- Grants and similar amounts paid
- $923,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $924,735
- Excise tax on investment income
- $1,501
Balance sheet and other
- Total assets, start of year
- $3,820,416
- Total assets, end of year
- $3,700,955
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,700,955
- Fair market value of assets
- $4,538,330
- Qualifying distributions
- $924,735
- Net investment income
- $109,699
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 |
|---|---|---|---|
| CAROLYN SAMPLE 3201 RANKIN RD, MINNEAPOLIS, MN 55418 | PRESIDENT | 2 | $0 |
| ERNEST LINDSTROM-LINDSTROM LAW OFFI 7600 PARKLAWN AVE STE 444, EDINA, MN 55435 | DIRECTOR | 0.5 | $0 |
| RONALD K DRAPER 861 OAKGREEN AVE PL N, STILLWATER, MN 55082 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLYN SAMPLE 3201 RANKIN RD, MINNEAPOLIS, MN 55418 | PRESIDENT | 2 | $0 |
| ERNEST LINDSTROM-LINDSTROM LAW OFFI 7600 PARKLAWN AVE STE 444, EDINA, MN 55435 | DIRECTOR | 0.5 | $0 |
| RONALD K DRAPER 861 OAKGREEN AVE PL N, STILLWATER, MN 55082 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLYN SAMPLE 3201 RANKIN RD, MINNEAPOLIS, MN 55418 | PRESIDENT | 2 | $0 |
| ERNEST LINDSTROM-LINDSTROM LAW OFFI 7600 PARKLAWN AVE STE 444, EDINA, MN 55435 | DIRECTOR | 0.5 | $0 |
| RONALD K DRAPER 861 OAKGREEN AVE PL N, STILLWATER, MN 55082 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3201 RANKIN RD, MINNEAPOLIS, MN 55418-2505
- In care of
- % EARL A PATCH PRES
- Signed the 990-PF
- CAROLYN SAMPLE, PRESIDENT
- Phone
- (612) 781-7677
- 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
- 41-1873951
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90Z)
- Assets (IRS master file)
- $3,700,955
- Income (IRS master file)
- $809,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $809,699 | $929,160 | $3,700,955 | XML |
| 990-PF | December 2024 | $225,348 | $968,507 | $3,820,416 | XML |
| 990-PF | December 2023 | $227,697 | $1,079,880 | $4,563,575 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 41-1873951).
Questions about PATCH FOUNDATION
- What is the EIN of PATCH FOUNDATION?
- The employer identification number (EIN) of PATCH FOUNDATION is 41-1873951.
- Is PATCH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PATCH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PATCH FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PATCH 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 PATCH 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 PATCH FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PATCH FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $809,699, expenses of $929,160 and total assets of $3,700,955 at year end.
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