Nonprofit · EIN 41-6020221
CARGILL FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55440
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $579,378 | $10,167,858 | -$9,588,480 | $307,345,903 | $54,170,130 | $253,175,773 |
| December 31, 2023 | 990-PF | $2,521,092 | $25,604,547 | -$23,083,455 | $255,169,496 | $16,176,476 | $238,993,020 |
| December 31, 2021 | 990-PF (amended) | $105,535,102 | $13,391,396 | $92,143,706 | $286,172,868 | $8,550,207 | $277,622,661 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $4,781,715
- Interest
- $463,176
- Net gain from sales of assets
- -$4,665,513
Expenses
- Grants and similar amounts paid
- $8,112,499
- Compensation of officers, directors and key employees
- $20,000
- Disbursements for charitable purposes
- $13,000,000
- Excise tax on investment income
- $88,531
Balance sheet and other
- Total assets, start of year
- $255,169,496
- Total assets, end of year
- $307,345,903
- Total liabilities, end of year
- $54,170,130
- Net assets, end of year
- $253,175,773
- Fair market value of assets
- $307,345,903
- Qualifying distributions
- $13,000,000
- Net investment income
- $8,029,145
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 |
|---|---|---|---|
| BEN AASE PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| SHEILA RIGGS PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| COLLEEN MAY END 1224 PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, PRESIDENT | 1 | $0 |
| ROGER WATCHORN PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, TREASURER/VP | 1 | $0 |
| ANNA RICHO END 724 PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, SECRETARY/VP | 1 | $0 |
| KOJO AMOO-GOTTFRIED PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| SUSAN MERCER END 1224 PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| STEPH LUNDQUIST BEGIN 724 PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN AASE PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| SHEILA RIGGS PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| COLLEEN MAY PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, PRESIDENT | 1 | $0 |
| ROGER WATCHORN PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| ANNA RICHO PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| KOJO AMOO-GOTTFRIED PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| SUSAN MERCER PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2021: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN AASE PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| SHEILA RIGGS PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR | 1 | $10,000 |
| COLLEEN MAY PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, PRESIDENT | 1 | $0 |
| JAMES PIERCE PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, SECRETARY | 1 | $0 |
| ROGER WATCHORN PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| ANNA RICHO PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| KOJO AMOO-GOTTFRIED PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
| SUSAN MERCER PO BOX 5650, MINNEAPOLIS, MN 554405650 | DIRECTOR, VICE PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5650, MINNEAPOLIS, MN 55440-5650
- In care of
- % TAX DEPT 26
- Signed the 990-PF
- HOLLY ENG, SENIOR VICE PRESIDENT
- Phone
- (952) 742-4311
- 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 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
- 41-6020221
- 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
- 1954
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $307,345,903
- Income (IRS master file)
- $144,285,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $579,378 | $10,167,858 | $307,345,903 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,521,092 | $25,604,547 | $255,169,496 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $105,535,102 | $13,391,396 | $286,172,868 | XML |
| 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 41-6020221).
Questions about CARGILL FOUNDATION
- What is the EIN of CARGILL FOUNDATION?
- The employer identification number (EIN) of CARGILL FOUNDATION is 41-6020221.
- Is CARGILL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
- Are donations to CARGILL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARGILL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARGILL 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 CARGILL 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 CARGILL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $10,000 (BEN AASE, DIRECTOR).
- How much revenue does CARGILL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $579,378, expenses of $10,167,858 and total assets of $307,345,903 at year end.
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