Nonprofit · EIN 59-7243596
LUDGARDIS S MARXER COLLEGE EDUCATION TRUST
Also known as 50-01-100-0640136
Tax-exempt · MINNEAPOLIS, MN 55414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $9,364 | $8,529 | $835 | $249,320 | $0 | $249,320 |
| December 31, 2024 | 990-PF | $11,425 | $10,783 | $642 | $248,485 | $0 | $248,485 |
| December 31, 2023 | 990-PF | $3,212 | $6,606 | -$3,394 | $247,843 | $0 | $247,843 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $5,676
- Net gain from sales of assets
- $3,688
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $57
Balance sheet and other
- Total assets, start of year
- $248,485
- Total assets, end of year
- $249,320
- Total liabilities, end of year
- $0
- Net assets, end of year
- $249,320
- Fair market value of assets
- $261,256
- Qualifying distributions
- $57
- Net investment income
- $5,723
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 |
|---|---|---|---|
| UNION BANK AND TRUST 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0 | $0 |
| TERESA LESICKO AT UNION B AND T 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| UNION BANK AND TRUST 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0 | $0 |
| TERESA LESICKO AT UNION B AND T 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| UNION BANK AND TRUST 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0.25 | $0 |
| TERESA LESICKO AT UNION B AND T 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414 | CO-TRUSTEE | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 312 CENTRAL AVE SE SUITE 200, MINNEAPOLIS, MN 55414-1025
- In care of
- % UNION BANK & TRUST
- Signed the 990-PF
- UNION BANK AND TRUST, CO-TRUSTEE
- Phone
- (612) 436-1444
- Return prepared by
- LETHERT SKWIRA SCHULTZ & CO 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
- 59-7243596
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $249,320
- Income (IRS master file)
- $45,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $9,364 | $8,529 | $249,320 | XML |
| 990-PF | December 2024 | $11,425 | $10,783 | $248,485 | XML |
| 990-PF | December 2023 | $3,212 | $6,606 | $247,843 | 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 59-7243596).
Questions about LUDGARDIS S MARXER COLLEGE EDUCATION TRUST
- What is the EIN of LUDGARDIS S MARXER COLLEGE EDUCATION TRUST?
- The employer identification number (EIN) of LUDGARDIS S MARXER COLLEGE EDUCATION TRUST is 59-7243596.
- Is LUDGARDIS S MARXER COLLEGE EDUCATION TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to LUDGARDIS S MARXER COLLEGE EDUCATION TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LUDGARDIS S MARXER COLLEGE EDUCATION TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LUDGARDIS S MARXER COLLEGE EDUCATION TRUST 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 LUDGARDIS S MARXER COLLEGE EDUCATION TRUST 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 LUDGARDIS S MARXER COLLEGE EDUCATION TRUST?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LUDGARDIS S MARXER COLLEGE EDUCATION TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $9,364, expenses of $8,529 and total assets of $249,320 at year end.
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