Nonprofit · EIN 46-1610503
PADDOCK FOUNDATION
Tax-exempt · WAYZATA, MN 55391
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $9,567,338 | $1,075,941 | $8,491,397 | $23,135,177 | $0 | $23,135,177 |
| December 31, 2023 | 990-PF | $2,348,484 | $905,302 | $1,443,182 | $14,643,780 | $0 | $14,643,780 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,933,523
- Dividends
- $354,892
- Net gain from sales of assets
- $4,278,546
- Other income
- $377
Expenses
- Grants and similar amounts paid
- $949,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $949,000
- Excise tax on investment income
- $89,084
Balance sheet and other
- Total assets, start of year
- $14,643,780
- Total assets, end of year
- $23,135,177
- Total liabilities, end of year
- $0
- Net assets, end of year
- $23,135,177
- Fair market value of assets
- $25,082,834
- Qualifying distributions
- $949,000
- Net investment income
- $6,500,878
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 |
|---|---|---|---|
| BRUCE G PADDOCK 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | PRESIDENT | 1 | $0 |
| RYAN B PADDOCK 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | TREASURER/SECRETARY | 1 | $0 |
| DARALYN C MARAS 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE G PADDOCK 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | PRESIDENT | 1 | $0 |
| RYAN B PADDOCK 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | TREASURER/SECRETARY | 1 | $0 |
| DARALYN C MARAS 155 LAKE STREET EAST SUITE 2000, WAYZATA, MN 55391 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 155 LAKE STREET EAST 2000, WAYZATA, MN 55391-2166
- In care of
- % BRUCE PADDOCK
- Signed the 990-PF
- BRUCE G PADDOCK, PRESIDENT
- Phone
- (952) 746-4565
- Return prepared by
- COPELAND BUHL & COMPANY PLLP
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
- 46-1610503
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $23,135,177
- Income (IRS master file)
- $18,584,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $9,567,338 | $1,075,941 | $23,135,177 | XML |
| 990-PF | December 2023 | $2,348,484 | $905,302 | $14,643,780 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 46-1610503).
Questions about PADDOCK FOUNDATION
- What is the EIN of PADDOCK FOUNDATION?
- The employer identification number (EIN) of PADDOCK FOUNDATION is 46-1610503.
- Is PADDOCK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to PADDOCK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PADDOCK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PADDOCK 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 PADDOCK 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 PADDOCK FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PADDOCK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $9,567,338, expenses of $1,075,941 and total assets of $23,135,177 at year end.
Other nonprofits in WAYZATA
- KRISBIN FOUNDATION EIN 41-6419749 · last filed 990-PF for 2024
- GREATER WAYZATA COMMUNITY FOUNDATION EIN 36-3844389 · last filed 990-N for 2024
- SHEPHERDS - A FAMILY FOUNDATION EIN 47-3839311 · last filed 990-PF for 2025
- HAMMER RESIDENCES INC EIN 41-0841103 · last filed 990 for 2025
- WAYZATA COUNTRY CLUB EIN 41-0778776 · last filed 990 for 2024
- BENTSON FOUNDATION EIN 41-6020204 · last filed 990-PF for 2025
- MITHUN FAMILY FOUNDATION EIN 36-3495071 · last filed 990-PF for 2024
- WOODHILL COUNTRY CLUB EIN 41-0619490 · last filed 990 for 2025