Nonprofit · EIN 41-6287586
WELSHONS FAMILY SCHOLARSHIP TRUST
Tax-exempt · HASTINGS, MN 55033
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $23,691 | $20,346 | $3,345 | $266,490 | $0 | $266,490 |
| December 31, 2024 | 990-PF | $7,808 | $12,885 | -$5,077 | $233,895 | $0 | $233,895 |
| December 31, 2023 | 990-PF | $6,269 | $17,728 | -$11,459 | $244,548 | $0 | $244,548 |
| December 31, 2022 | 990-PF (amended) | $23,545 | $12,307 | $11,238 | $260,980 | $0 | $260,980 |
| December 31, 2021 | 990-PF (amended) | $27,238 | $19,355 | $7,883 | $261,521 | $0 | $261,521 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $7,959
- Interest
- $186
- Net gain from sales of assets
- $15,546
Expenses
- Grants and similar amounts paid
- $16,000
- Disbursements for charitable purposes
- $16,000
- Excise tax on investment income
- $272
Balance sheet and other
- Total assets, start of year
- $233,895
- Total assets, end of year
- $266,490
- Total liabilities, end of year
- $0
- Net assets, end of year
- $266,490
- Fair market value of assets
- $299,002
- Qualifying distributions
- $16,000
- Net investment income
- $23,691
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 |
|---|---|---|---|
| RICHARD WELSHONS TRUSTEE 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD WELSHONS TRUSTEE 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD WELSHONS TRUSTEE 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD WELSHONS TRUSTEE 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033 | TRUSTEE | 0.5 | $0 |
990-PF for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD WELSHONS 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033 | TRUSTEE | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1250 NORTH FRONTAGE ROAD, HASTINGS, MN 55033-1519
- Signed the 990-PF
- RICHARD WELSHONS, TRUSTEE
- Phone
- (651) 304-3501
- Return prepared by
- PERFETTI & OBERG LTD
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
- 41-6287586
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $266,490
- Income (IRS master file)
- $81,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $23,691 | $20,346 | $266,490 | IRS |
| 990-PF | December 2024 | $7,808 | $12,885 | $233,895 | IRS |
| 990-PF | December 2023 | $6,269 | $17,728 | $244,548 | XML |
| 990-PF | December 2022 | $23,545 | $12,307 | $260,980 | XML |
| 990-PF | December 2021 | $27,238 | $19,355 | $261,521 | XML |
| 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 41-6287586).
Questions about WELSHONS FAMILY SCHOLARSHIP TRUST
- What is the EIN of WELSHONS FAMILY SCHOLARSHIP TRUST?
- The employer identification number (EIN) of WELSHONS FAMILY SCHOLARSHIP TRUST is 41-6287586.
- Is WELSHONS FAMILY SCHOLARSHIP TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to WELSHONS FAMILY SCHOLARSHIP TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WELSHONS FAMILY SCHOLARSHIP TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WELSHONS FAMILY SCHOLARSHIP TRUST 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 WELSHONS FAMILY SCHOLARSHIP TRUST 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 WELSHONS FAMILY SCHOLARSHIP TRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does WELSHONS FAMILY SCHOLARSHIP TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $23,691, expenses of $20,346 and total assets of $266,490 at year end.
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