Nonprofit · EIN 47-3012976
KRAUS-ANDERSON COMMUNITY FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $136,278 | $137,020 | -$742 | $16,342 | $8,263 | $8,079 |
| December 31, 2024 | 990-PF | $92,946 | $90,896 | $2,050 | $8,821 | $0 | $8,821 |
| December 31, 2023 | 990-PF | $7,745 | $9,453 | -$1,708 | $6,771 | $0 | $6,771 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $130,000
- Other income
- $6,278
Expenses
- Grants and similar amounts paid
- $90,000
- Disbursements for charitable purposes
- $90,000
Balance sheet and other
- Total assets, start of year
- $8,821
- Total assets, end of year
- $16,342
- Total liabilities, end of year
- $8,263
- Net assets, end of year
- $8,079
- Fair market value of assets
- $16,342
- Qualifying distributions
- $90,000
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 |
|---|---|---|---|
| Bruce W Engelsma President Director, Minneapolis, MN 55404 | President | 0.5 | $0 |
| Timothy D Asgrimson Treasurer, Minneapolis, MN 55404 | Treasurer | 0.75 | $0 |
| Brad Engelsma Secretary, Minneapolis, MN 55404 | Secretary | 0.5 | $0 |
| Daniel W Engelsma Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Alan A Gerhardt Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Tracey Martin Asst Secretary, Minneapolis, MN 55404 | Assst. Secretary | 0.5 | $0 |
| Jamie Engelsma Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bruce W Engelsma President Director, Minneapolis, MN 55404 | President | 0.5 | $0 |
| Timothy D Asgrimson Treasurer, Minneapolis, MN 55404 | Treasurer | 0.75 | $0 |
| Brad Engelsma Secretary, Minneapolis, MN 55404 | Secretary | 0.5 | $0 |
| Daniel W Engelsma Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Alan A Gerhardt Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Tracey Martin Asst Secretary, Minneapolis, MN 55404 | Assst. Secretary | 0.5 | $0 |
| Jamie Engelsma Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bruce W Engelsma President Director, Minneapolis, MN 55404 | President | 0.5 | $0 |
| Timothy D Asgrimson Treasurer, Minneapolis, MN 55404 | Treasurer | 0.75 | $0 |
| Brad Engelsma Secretary, Minneapolis, MN 55404 | Secretary | 0.5 | $0 |
| Daniel W Engelsma Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Alan A Gerhardt Director, Minneapolis, MN 55404 | Director | 0.5 | $0 |
| Tracey Martin Asst Secretary, Minneapolis, MN 55404 | Assst. Secretary | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 501 S 8TH ST, MINNEAPOLIS, MN 55404-1030
- In care of
- % ROSE MANTHE
- Signed the 990-PF
- Bruce Engelsma, President
- Phone
- (612) 332-7281
- Return prepared by
- Tim D Asgrimson CPA
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
- 47-3012976
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $16,342
- Income (IRS master file)
- $136,278
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $136,278 | $137,020 | $16,342 | XML |
| 990-PF | December 2024 | $92,946 | $90,896 | $8,821 | XML |
| 990-PF | December 2023 | $7,745 | $9,453 | $6,771 | 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 47-3012976).
Questions about KRAUS-ANDERSON COMMUNITY FOUNDATION
- What is the EIN of KRAUS-ANDERSON COMMUNITY FOUNDATION?
- The employer identification number (EIN) of KRAUS-ANDERSON COMMUNITY FOUNDATION is 47-3012976.
- Is KRAUS-ANDERSON COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to KRAUS-ANDERSON COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KRAUS-ANDERSON COMMUNITY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KRAUS-ANDERSON COMMUNITY FOUNDATION 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 KRAUS-ANDERSON COMMUNITY FOUNDATION 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 KRAUS-ANDERSON COMMUNITY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does KRAUS-ANDERSON COMMUNITY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $136,278, expenses of $137,020 and total assets of $16,342 at year end.
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