Nonprofit · EIN 41-6017815
BUSH FOUNDATION
Tax-exempt · ST PAUL, MN 55101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $58,904,289 | $88,793,329 | -$29,889,040 | $1,451,128,753 | $175,858,467 | $1,275,270,286 |
| December 31, 2023 | 990-PF | $43,880,423 | $102,810,614 | -$58,930,191 | $1,399,508,111 | $158,196,161 | $1,241,311,950 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $14,269,354
- Net gain from sales of assets
- $43,354,873
- Other income
- $1,280,062
Expenses
- Grants and similar amounts paid
- $71,144,370
- Compensation of officers, directors and key employees
- $1,096,983
- Salaries, compensation and benefits (total)
- $5,598,858
- Disbursements for charitable purposes
- $66,570,262
- Excise tax on investment income
- $1,567,599
Balance sheet and other
- Total assets, start of year
- $1,399,508,111
- Total assets, end of year
- $1,451,128,753
- Total liabilities, end of year
- $175,858,467
- Net assets, end of year
- $1,275,270,286
- Fair market value of assets
- $1,451,128,753
- Qualifying distributions
- $76,643,501
- Net investment income
- $116,024,832
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER REEDY 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | PRESIDENT | 40 | $606,060 | $73,483 |
| PETERFESO CAROL 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | MANAGING DIRECTOR OF Highest-paid employee | 40 | $406,770 | $42,184 |
| ROMANO CHRIS 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | CHIEF OPERATING OFFI Highest-paid employee | 40 | $337,974 | $41,341 |
| PATEL ANITA 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | VP OF GRANTMAKING Highest-paid employee | 40 | $313,022 | $53,856 |
| ANDREWS STEPHANIE 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR, TALENT, LE Highest-paid employee | 40 | $251,877 | $72,624 |
| THARANGI CUMARANATUNGE 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | FINANCE DIR & TREASURER | 40 | $226,923 | $38,606 |
| VILLAUME BETH 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | CONTROLLER Highest-paid employee | 40 | $195,624 | $124,776 |
| DEANNA CUMMINGS 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | CHAIR/DIRECTOR | 2 | $24,000 | $0 |
| MOROTOLUWA ADEBIYI 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| JODI ARCHAMBAULT 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| PAUL BATCHELLER 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| MARY BRAINERD 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| ARMANDO CAMACHO 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| KEVIN GOODNO 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
| MARY GROVE 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATHEW KILIAN 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 |
| CYNTHIA LINDQUIST 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 |
| ALAN SOLANO 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 |
| MALINI SRIVASTAVA 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 |
| TRACY ZEPHIER 428 MINNESOTA STREET STE 400, SAINT PAUL, MN 55101 | DIRECTOR | 2 | $20,000 |
990-PF for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER REEDY 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | PRESIDENT | 40 | $584,250 | $70,711 |
| PETERFESO CAROL 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | MANAGING DIRECTOR OF Highest-paid employee | 40 | $360,355 | $40,348 |
| ROMANO CHRIS 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | CHIEF OPERATING OFFI Highest-paid employee | 40 | $326,038 | $39,872 |
| PATEL ANITA 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | VP OF GRANTMAKING Highest-paid employee | 40 | $302,483 | $54,276 |
| ANDREWS STEPHANIE 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR, TALENT, LE Highest-paid employee | 40 | $244,050 | $69,604 |
| THARANGI CUMARANATUNGE 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | FINANCE DIR & TREASURER | 40 | $210,721 | $36,010 |
| GREGORY KEANE RETIRED 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | CFO | 40 | $209,069 | $7,347 |
| ALLEN JACKIE 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR, GRANTMAKIN Highest-paid employee | 40 | $197,745 | $57,911 |
| ANTHONY HEREDIA 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | CHAIR/DIRECTOR | 1.5 | $24,000 | $0 |
| MOROTOLUWA ADEBIYI 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| KATHY ANNETTE 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| JODI ARCHAMBAULT 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| PAUL BATCHELLER 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| MARY BRAINERD 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| ARMANDO CAMACHO 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| DEANNA CUMMINGS 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| KEVIN GOODNO 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| MARY GROVE 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| MATHEW KILIAN 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| CYNTHIA LINDQUIST 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| ALAN SOLANO 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| MALINI SRIVASTAVA 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
| TRACY ZEPHIER 101 FIFTH STREET E SUITE 2400, SAINT PAUL, MN 55101 | DIRECTOR | 1.5 | $20,000 | $0 |
Address and contacts
- Address (IRS master file)
- 428 MINNESOTA ST STE 400, ST PAUL, MN 55101-2666
- Signed the 990-PF
- THARANGI CUMARANATUNGE, FINANCE DIRECTOR & TREASURER
- Phone
- (651) 227-0891
- Website
- WWW.BUSHFOUNDATION.ORG
- Return prepared by
- CLIFTONLARSONALLEN 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 | Not 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
- 41-6017815
- 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
- 1972
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $1,451,128,753
- Income (IRS master file)
- $318,542,564
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $58,904,289 | $88,793,329 | $1,451,128,753 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $43,880,423 | $102,810,614 | $1,399,508,111 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 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 41-6017815).
Questions about BUSH FOUNDATION
- What is the EIN of BUSH FOUNDATION?
- The employer identification number (EIN) of BUSH FOUNDATION is 41-6017815.
- Is BUSH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to BUSH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BUSH FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUSH FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BUSH FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 20 people; 20 received compensation from the organization, the highest $606,060 (JENNIFER REEDY, PRESIDENT).
- How much revenue does BUSH FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $58,904,289, expenses of $88,793,329 and total assets of $1,451,128,753 at year end.
Other nonprofits in ST PAUL
- UNIVERSITY OF ST THOMAS EIN 41-0693970 · last filed 990 for 2025
- NEW CENTURY SCHOOL EIN 47-2142901 · last filed 990 for 2025
- HIGH SCHOOL FOR RECORDING ARTS EIN 41-1915563 · last filed 990 for 2025
- SUNNY HOLLOW MONTESSORI EIN 41-1408529 · last filed 990 for 2025
- FRIENDS OF COLLEGEBOUND SAINT PAUL EIN 33-3705839 · last filed 990 for 2025
- METROPOLITAN STATE UNIVERSITY FOUNDATION EIN 23-7296162 · last filed 990 for 2025
- MINNESOTA PRIVATE COLLEGE FUND EIN 51-0166951 · last filed 990 for 2025
- MARY T AND JAMES J HILL LIBRARY FOUNDATION EIN 41-0693988 · last filed 990-PF for 2024