Nonprofit · EIN 42-6282275
LAINE MEMORIAL FUND
Tax-exempt · SAINT PAUL, MN 55164
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $38,993 | $33,528 | $5,465 | $432,702 | $0 | $432,702 |
| December 31, 2024 | 990-PF | $14,436 | $27,966 | -$13,530 | $427,378 | $0 | $427,378 |
| December 31, 2023 | 990-PF | $13,394 | $42,368 | -$28,974 | $440,185 | $0 | $440,185 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,866
- Net gain from sales of assets
- $23,104
- Other income
- $23
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $15,000
- Disbursements for charitable purposes
- $25,037
- Excise tax on investment income
- $420
Balance sheet and other
- Total assets, start of year
- $427,378
- Total assets, end of year
- $432,702
- Total liabilities, end of year
- $0
- Net assets, end of year
- $432,702
- Fair market value of assets
- $506,997
- Qualifying distributions
- $25,037
- Net investment income
- $38,595
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 KESELEY 93 ANCIENT HILLS LANE, HENDERSON, NV 890741751 | DIRECTOR | 4 | $15,000 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD KESELEY 93 ANCIENT HILLS LANE, HENDERSON, NV 890741751 | DIRECTOR | 4 | $10,000 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD KESELEY 93 ANCIENT HILLS LANE, HENDERSON, NV 890741751 | DIRECTOR | 4 | $10,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 64193, SAINT PAUL, MN 55164-0193
- In care of
- % AMERICAN NATL BANK & TRUST CO
- Signed the 990-PF
- -, TRUSTEE
- Phone
- (888) 265-7962
- Return prepared by
- PWC US TAX 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 | 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
- 42-6282275
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $432,702
- Income (IRS master file)
- $196,438
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $38,993 | $33,528 | $432,702 | IRS |
| 990-PF | December 2024 | $14,436 | $27,966 | $427,378 | IRS |
| 990-PF | December 2023 | $13,394 | $42,368 | $440,185 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | 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 42-6282275).
Questions about LAINE MEMORIAL FUND
- What is the EIN of LAINE MEMORIAL FUND?
- The employer identification number (EIN) of LAINE MEMORIAL FUND is 42-6282275.
- Is LAINE MEMORIAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to LAINE MEMORIAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LAINE MEMORIAL FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LAINE MEMORIAL 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 LAINE MEMORIAL 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 LAINE MEMORIAL FUND?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $15,000 (RICHARD KESELEY, DIRECTOR).
- How much revenue does LAINE MEMORIAL FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $38,993, expenses of $33,528 and total assets of $432,702 at year end.
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