Nonprofit · EIN 59-2749952
NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC
Tax-exempt · SARASOTA, FL 34235
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $122,339 | $66,059 | $56,280 | $1,100,818 | $0 | $1,100,818 |
| December 31, 2024 | 990-PF | $57,745 | $118,341 | -$60,596 | $1,044,831 | $0 | $1,044,831 |
| December 31, 2023 | 990-PF | $52,749 | $91,257 | -$38,508 | $1,105,598 | $0 | $1,105,598 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $30,709
- Net gain from sales of assets
- $91,630
Expenses
- Grants and similar amounts paid
- $38,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $50,527
- Excise tax on investment income
- $1,485
Balance sheet and other
- Total assets, start of year
- $1,044,831
- Total assets, end of year
- $1,100,818
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,100,818
- Fair market value of assets
- $1,672,616
- Qualifying distributions
- $50,527
- Net investment income
- $122,339
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 |
|---|---|---|---|
| Diana Lager 2921 Heather Bow, Sarasota, FL 342357202 | President | 1 | $0 |
| Paul M Schimek 2921 Heather Bow, Sarasota, FL 342357202 | Director | 1 | $0 |
| David Schimek 2921 Heather Bow, Sarasota, FL 342357202 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA LAGER 2921 HEATHER BOW, SARASOTA, FL 342357202 | PRESIDENT | 2 | $0 |
| DAVID SCHIMEK 2921 HEATHER BOW, SARASOTA, FL 342357202 | DIRECTOR | 0 | $0 |
| PAUL SCHIMEK 2921 HEATHER BOW, SARASOTA, FL 342357202 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA LAGER 2921 HEATHER BOW, SARASOTA, FL 342357202 | PRESIDENT | 2 | $0 |
| DAVID SCHIMEK 2921 HEATHER BOW, SARASOTA, FL 342357202 | DIRECTOR | 0 | $0 |
| PAUL SCHIMEK 2921 HEATHER BOW, SARASOTA, FL 342357202 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2921 HEATHER BOW, SARASOTA, FL 34235-7202
- Signed the 990-PF
- Paul Schimek, Director
- Phone
- (941) 529-7089
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
- 59-2749952
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,100,818
- Income (IRS master file)
- $351,984
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $122,339 | $66,059 | $1,100,818 | XML |
| 990-PF | December 2024 | $57,745 | $118,341 | $1,044,831 | XML |
| 990-PF | December 2023 | $52,749 | $91,257 | $1,105,598 | 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 59-2749952).
Questions about NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC
- What is the EIN of NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC?
- The employer identification number (EIN) of NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC is 59-2749952.
- Is NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC 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 NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC 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 NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NORMAN E PETERSON AND DIANA LAGER PETERSON EDUCATIONAL FUND INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $122,339, expenses of $66,059 and total assets of $1,100,818 at year end.
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