Nonprofit · EIN 41-1991436
MARKUS CHARITABLE FOUNDATION
Tax-exempt · WAYZATA, MN 55391
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $24,603 | $42,278 | -$17,675 | $706,565 | $0 | $706,565 |
| December 31, 2024 | 990-PF | $11,846 | $39,989 | -$28,143 | $724,240 | $0 | $724,240 |
| December 31, 2023 | 990-PF | $10,006 | $56,765 | -$46,759 | $752,383 | $0 | $752,383 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $8,841
- Net gain from sales of assets
- $15,762
Expenses
- Grants and similar amounts paid
- $32,694
- Compensation of officers, directors and key employees
- $1,000
- Disbursements for charitable purposes
- $36,154
- Excise tax on investment income
- $257
Balance sheet and other
- Total assets, start of year
- $724,240
- Total assets, end of year
- $706,565
- Total liabilities, end of year
- $0
- Net assets, end of year
- $706,565
- Fair market value of assets
- $1,079,116
- Qualifying distributions
- $36,154
- Net investment income
- $24,603
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 |
|---|---|---|---|
| ANN MARKUS 398 WAYCLIFFE DR N, WAYZATA, MN 55391 | PRESIDENT | 2 | $1,000 |
| CHAD MARKUS 21801 HORSESHOE TRAIL, CORCORAN, MN 55340 | BOARD MEMBER | 0.5 | $0 |
| JEFFREY MARKUS 4310 WINDWOOD WAY, MINNETONKA, MN 55345 | BOARD MEMBER | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN MARKUS 398 WAYCLIFFE DR N, WAYZATA, MN 55391 | PRESIDENT | 2 | $2,000 |
| CHAD MARKUS 21801 HORSESHOE TRAIL, CORCORAN, MN 55340 | BOARD MEMBER | 0.5 | $0 |
| JEFFREY MARKUS 4310 WINDWOOD WAY, MINNETONKA, MN 55345 | BOARD MEMBER | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN MARKUS 398 WAYCLIFFE DR N, WAYZATA, MN 55391 | PRESIDENT | 2 | $2,000 |
| CHAD MARKUS 21801 HORSESHOE TRAIL, CORCORAN, MN 55340 | BOARD MEMBER | 0.5 | $0 |
| JEFFREY MARKUS 4310 WINDWOOD WAY, MINNETONKA, MN 55345 | BOARD MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 398 WAYCLIFFE DR N, WAYZATA, MN 55391-1390
- In care of
- % ANN MARKUS
- Signed the 990-PF
- ANN MARKUS, PRESIDENT
- Phone
- (612) 961-3277
- Return prepared by
- AXTELL & HALLER LLC
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
- 41-1991436
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $706,565
- Income (IRS master file)
- $126,631
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $24,603 | $42,278 | $706,565 | IRS |
| 990-PF | December 2024 | $11,846 | $39,989 | $724,240 | IRS |
| 990-PF | December 2023 | $10,006 | $56,765 | $752,383 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 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 41-1991436).
Questions about MARKUS CHARITABLE FOUNDATION
- What is the EIN of MARKUS CHARITABLE FOUNDATION?
- The employer identification number (EIN) of MARKUS CHARITABLE FOUNDATION is 41-1991436.
- Is MARKUS CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MARKUS CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARKUS CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARKUS 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 MARKUS 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 MARKUS CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $1,000 (ANN MARKUS, PRESIDENT).
- How much revenue does MARKUS CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $24,603, expenses of $42,278 and total assets of $706,565 at year end.
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All nonprofits in WAYZATA · Minnesota · Philanthropy, voluntarism and grantmaking foundations