Nonprofit · EIN 42-1172985
JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND
Tax-exempt · CEDAR FALLS, IA 50613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | -$24 | $3,100 | -$3,124 | $36,747 | $0 | $36,747 |
| December 31, 2024 | 990-PF | $1,748 | $2,691 | -$943 | $38,399 | $0 | $38,399 |
| December 31, 2023 | 990-PF | $1,835 | $2,661 | -$826 | $39,855 | $0 | $39,855 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $70
- Interest
- $1,131
- Net gain from sales of assets
- -$1,225
Expenses
- Grants and similar amounts paid
- $750
- Compensation of officers, directors and key employees
- $2,000
- Disbursements for charitable purposes
- $750
- Excise tax on investment income
- $17
Balance sheet and other
- Total assets, start of year
- $38,399
- Total assets, end of year
- $36,747
- Total liabilities, end of year
- $0
- Net assets, end of year
- $36,747
- Qualifying distributions
- $750
- Net investment income
- $1,201
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 |
|---|---|---|---|
| LINCOLN SAVINGS BANK 302 MAIN STREET, CEDAR FALLS, IA 50613 | Trustee | 1 | $2,000 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINCOLN SAVINGS BANK 302 MAIN STREET, CEDAR FALLS, IA 50613 | Trustee | 1 | $2,000 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINCOLN SAVINGS BANK 302 MAIN STREET, CEDAR FALLS, IA 50613 | Trustee | 1 | $2,000 |
Address and contacts
- Address (IRS master file)
- 302 MAIN ST, CEDAR FALLS, IA 50613-2721
- Signed the 990-PF
- ERIC LESHER, TRUST OFFICER
- Phone
- (319) 233-1900
- Return prepared by
- Rickert Wessel & Allen
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
- 42-1172985
- 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
- 1982
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $36,747
- Income (IRS master file)
- $20,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | -$24 | $3,100 | $36,747 | XML |
| 990-PF | December 2024 | $1,748 | $2,691 | $38,399 | XML |
| 990-PF | December 2023 | $1,835 | $2,661 | $39,855 | 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 42-1172985).
Questions about JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND
- What is the EIN of JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND?
- The employer identification number (EIN) of JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND is 42-1172985.
- Is JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND 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 JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND 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 JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $2,000 (LINCOLN SAVINGS BANK, Trustee).
- How much revenue does JAMES MATHESON AND MARIAN MATHESON SCHOLARSHIP TRUST FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of -$24, expenses of $3,100 and total assets of $36,747 at year end.
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