MERJENT FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: MERJENT FOUNDATION (EIN 83-1623599)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-04-26
IRS object ID: 202421179349100207
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-26T09:39:50-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	411227298	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CUMMINGS KEEGAN & CO PLLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	600 HIGHWAY 169 S STE 1400	AddressLine1Txt
City	SAINT LOUIS PARK	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	554261218	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	831623599	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MERJENT FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MERJ	BusinessNameControlTxt
Phone	2314950944	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 MAIN STREET SE SUITE 300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55414	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JESSICA CARUSO	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6129243959	PhoneNum
Signature	2024-04-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JESSICA	PersonFirstNm
Person Last	CARUSO	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PETER MADDALENA	PreparerPersonNm
PTIN	P01273918	PTIN
Phone	9523452500	PhoneNum
Preparation	2024-04-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$99,735	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$68,000	ContriRcvdRevAndExpnssAmt
Total Rev And Expnss	$68,000	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$1,225	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$612	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$613	AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss	$25	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$12	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$13	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,250	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$624	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$626	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$40,100	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$40,100	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$41,350	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$624	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$40,726	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$26,650	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$73,085	CashBOYAmt
Cash EOY	$99,735	CashEOYAmt
Cash EOYFMV	$99,735	CashEOYFMVAmt
Total Assets BOY	$73,085	TotalAssetsBOYAmt
Total Assets EOY	$99,735	TotalAssetsEOYAmt
Total Assets EOYFMV	$99,735	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$73,085	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$99,735	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$73,085	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$99,735	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$73,085	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$99,735	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$73,085	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$26,650	ExcessRevenueOverExpensesAmt
Subtotal	$99,735	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$99,735	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	MN	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	WWW.MERJENTFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	JESSICA CARUSO	IndividualWithBooksNm
Phone	2314950944	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 MAIN STREET SE SUITE 300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55414	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MELISSA DELLWO
1 MAIN STREET SE	MINNEAPOLIS	MN	55414	PRESIDENT	0.50	$0	$0	$0
KARI KRAUSE
1 MAIN STREET SE	MINNEAPOLIS	MN	55414	SECRETARY	0.50	$0	$0	$0
JESSICA CARUSO
1 MAIN STREET SE SUITE 300	MINNEAPOLIS	MN	55414	TREASURER	0.50	$0	$0	$0
BILL HARDING
1 MAIN STREET SE	MINNEAPOLIS	MN	55414	BOARD MEMBER	0.50	$0	$0	$0
LACY LEPISTO
1 MAIN STREET SE	MINNEAPOLIS	MN	55414	BOARD MEMBER	0.50	$0	$0	$0
MARK CLINE
1 MAIN STREET SE	MINNEAPOLIS	MN	55414	BOARD MEMBER	0.50	$0	$0	$0
SCOTT BEARD
1 MAIN STREET	MINNEAPOLIS	MN	55414	BOARD MEMBER	0.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$95,799	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$95,799	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$95,799	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$1,437	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$94,362	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$4,718	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$4,718	MinimumInvestmentReturnAmt
Distributable Before Adj	$4,718	DistributableBeforeAdjAmt
Distributable Before Ded	$4,718	DistributableBeforeDedAmt
Distributable As Adjusted	$4,718	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$40,726	ExpensesAndContributionsAmt
Qualifying Distributions	$40,726	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$4,718	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4	$7,065	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$21,371	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$20,818	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$46,980	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$96,234	TotalExcessDistributionCyovAmt
Qualifying Distributions	$40,726	QualifyingDistributionsAmt
Applied To Current Year	$4,718	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$36,008	RemainingDistriFromCorpusAmt
Total Corpus	$132,242	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$132,242	ExcessDistriCyovToNextYrAmt
Excess From Year4	$7,065	ExcessFromYear4Amt
Excess From Year3	$21,371	ExcessFromYear3Amt
Excess From Year2	$20,818	ExcessFromYear2Amt
Excess From Year1	$46,980	ExcessFromYear1Amt
Excess From Current Year	$36,008	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MERJENT INC	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	Address Line2RecipientUSAddress/AddressLine2Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
2023 - SCHOLARSHIPS PURDUE UNIV
128 MEMORIAL MALL	ROOM 194	WEST LAFAYETTE	IN	47907	SCHOLARSHIP	$3,500
2023 - SCHOLARSHIP UW STEVEN PT
1108 FREMONT ST		STEVENS POINT	WI	54481	SCHOLARSHIP	$2,500
2023 - SCHOLARSHIP BRYN MAWR COLLG
101 N MERION AVE		BRYN MAWR	PA	19010	SCHOLARSHIP	$2,500
EAST PENNSBORO EDUCATION FDN
890 VALLEY ST		ENOLA	PA	17025	CHARITABLE	$2,000
EVERY MEAL
2723 PATTON RD		ROSEVILLE	MN	55113	CHARITABLE	$2,500
FEEDING OUR COMMUNITY PARTNERS
2120 W HOWARD DR	SUITE J	NORTH MANKATO	MN	56003	CHARITABLE	$2,500
FOND DU LAC TRIBAL COMM COLLEGE
2101 14TH ST		CLOQUET	MN	55720	CHARITABLE	$1,000
HUNGER IMPACT PARTNERS
111 3RD AVE S 190		MINNEAPOLIS	MN	55401	CHARITABLE	$2,000
KAITLYN'S KLOSET
4180 LEXINGTON AVE S		EAGAN	MN	55123	CHARITABLE	$2,000
KIDS MEALS INC
330 GARDEN OAKS BLVD		HOUSTON	TX	77018	CHARITABLE	$8,000
NO KID HUNGRY
1030 15TH ST NW		WASHINGTON	DC	20005	CHARITABLE	$7,000
SECOND HARVEST HEARTLAND
7101 WINNETKA AVE N		BROOKLYN PARK	MN	55428	CHARITABLE	$2,250
ST WILLIAM CATHOLIC SCHOOL
1822 RAVINE ST		JANESVILLE	WI	53548	CHARITABLE	$350
THE FOOD GROUP MN
8501 54TH AVE N		MINNEAPOLIS	MN	55428	CHARITABLE	$2,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$40,100	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MERJENT INC	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 WASHINGTON AVE N	AddressLine1Txt
Address Line2	SUITE 315	AddressLine2Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$68,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREP FEES	CategoryTxt
Amt	$1,225	Amt
Net Investment Income	$612	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$613	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
MN FILING FEE	$25	$12	$13

MERJENT FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor Business Name ContributorBusinessName

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

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