Nonprofit · EIN 83-4186800
M FOUNDATION
Tax-exempt · SAVAGE, MN 55378
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,076 | $10,117 | -$7,041 | $34,628 | $0 | $34,628 |
| December 31, 2023 | 990-PF | $788 | $6,440 | -$5,652 | $41,669 | $0 | $41,669 |
| December 31, 2022 | 990-PF | $3,998 | $7,666 | -$3,668 | $47,321 | $0 | $47,321 |
| December 31, 2021 | 990-PF | $2,055 | $462 | $1,593 | $50,989 | $0 | $50,989 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,297
- Dividends
- $818
- Interest
- $20
- Net gain from sales of assets
- -$59
Expenses
- Grants and similar amounts paid
- $6,500
- Disbursements for charitable purposes
- $9,743
- Excise tax on investment income
- $7
Balance sheet and other
- Total assets, start of year
- $41,669
- Total assets, end of year
- $34,628
- Total liabilities, end of year
- $0
- Net assets, end of year
- $34,628
- Fair market value of assets
- $4,554
- Qualifying distributions
- $9,743
- Net investment income
- $864
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 |
|---|---|---|---|
| THOMAS BUSKE 4290 BASS ST SE, PRIOR LAKE, MN 55372 | PRESIDENT | 2 | $0 |
| STEVEN MCGUIGGAN 9697 171ST ST W, LAKEVILLE, MN 55044 | VICE PRESIDE | 1 | $0 |
| JOHN TAXDAHL 8855 LEGENDS CLUB DR, PRIOR LAKE, MN 55372 | BOARD MEMBER | 1 | $0 |
| STEVE HINES 19105 FLAGSTAFF AVE, FARMINGTON, MN 55024 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BUSKE 4290 BASS ST SE, PRIOR LAKE, MN 55372 | PRESIDENT | 0 | $0 |
| STEVEN MCGUIGGAN 9697 171ST ST W, LAKEVILLE, MN 55044 | VICE PRESIDE | 0 | $0 |
| JOHN TAXDAHL 8855 LEGENDS CLUB DR, PRIOR LAKE, MN 55372 | BOARD MEMBER | 0 | $0 |
| STEVE HINES 19105 FLAGSTAFF AVE, FARMINGTON, MN 55024 | BOARD MEMBER | 0 | $0 |
990-PF for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BUSKE 4290 BASS ST SE, PRIOR LAKE, MN 55372 | PRESIDENT | 0 | $0 |
| STEVEN MCGUIGGAN 9697 171ST ST W, LAKEVILLE, MN 55044 | VICE PRESIDE | 0 | $0 |
| JOHN TAXDAHL 8855 LEGENDS CLUB DR, PRIOR LAKE, MN 55372 | BOARD MEMBER | 0 | $0 |
| STEVE HINES 19105 FLAGSTAFF AVE, FARMINGTON, MN 55024 | BOARD MEMBER | 0 | $0 |
990-PF for the year ended December 31, 2021: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BUSKE 4290 BASS ST SE, PRIOR LAKE, MN 55372 | PRESIDENT | 0 | $0 |
| STEVEN MCGUIGGAN 9697 171ST ST W, LAKEVILLE, MN 55044 | VICE PRESIDE | 0 | $0 |
| JOHN TAXDAHL 8855 LEGENDS CLUB DR, PRIOR LAKE, MN 55372 | BOARD MEMBER | 0 | $0 |
| STEVE HINES 19105 FLAGSTAFF AVE, FARMINGTON, MN 55024 | BOARD MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6510 W 130TH ST, SAVAGE, MN 55378-2401
- Signed the 990-PF
- THOMAS BUSKE, PRESIDENT
- Phone
- (612) 803-0786
- Return prepared by
- CLAUSEN SCHOENBAUER SEURER & WEBB
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
- 83-4186800
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Recreation and sports (N12)
- Assets (IRS master file)
- $34,628
- Income (IRS master file)
- $9,074
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,076 | $10,117 | $34,628 | XML |
| 990-PF | December 2023 | $788 | $6,440 | $41,669 | XML |
| 990-PF | December 2022 | $3,998 | $7,666 | $47,321 | XML |
| 990-PF | December 2021 | $2,055 | $462 | $50,989 | XML |
| 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 83-4186800).
Questions about M FOUNDATION
- What is the EIN of M FOUNDATION?
- The employer identification number (EIN) of M FOUNDATION is 83-4186800.
- Is M FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to M FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does M FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of M 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 M 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 M FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does M FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,076, expenses of $10,117 and total assets of $34,628 at year end.
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- SOUTH FORTY ARCHERS EIN 82-3949500 · last filed 990-N for 2025
- MINNESOTA NORTHSTARS EIN 39-4473071 · last filed 990-N for 2025
- PANURGIC LIFE FOUNDATION EIN 83-0544250 · last filed 990-N for 2025
- PRIOR LAKE NORTH STARS BASEBALL CLUB EIN 99-4736385 · last filed 990-N for 2025
- SHAKOPEE SWIM BOOSTERS EIN 47-2130082 · last filed 990-N for 2025
All nonprofits in SAVAGE · Minnesota · Recreation and sports