EVERT FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
EVERT FOUNDATION (EIN 41-6543299)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349103678
Schema version
2024v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T14:23:38-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410971937PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FREDRIKSON & BYRON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 S 6TH ST STE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554024443ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN416543299EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EVERT FOUNDATIONBusinessNameLine1Txt
Business Name Line260 SOUTH SIXTH STREETBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEVERBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SUITE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANN L MCCABEPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2025-11-10SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L NELSONPreparerPersonNm
PTINP01370507PTIN
Phone6124927000PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,580,286FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$110,055InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$110,055InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$122,801DividendsRevAndExpnssAmt
Dividends Net Invst Incm$122,801DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$819,767NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,440,980GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$819,767CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,052,623TotalRevAndExpnssAmt
Total Net Invst Incm$1,052,623TotalNetInvstIncmAmt
Other Prof Fees Rev And Expnss$59,429OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$59,429OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$5,378TaxesRevAndExpnssAmt
Taxes Net Invst Incm$5,378TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$64,807TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$64,807TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,826,881ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,826,881ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,891,688TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$64,807TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,826,881TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,839,065ExcessRevenueOverExpensesAmt
Net Investment Income$987,816NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$664,117CashBOYAmt
Cash EOY$190,827CashEOYAmt
Cash EOYFMV$190,827CashEOYFMVAmt
Corporate Stock BOY$6,268,644CorporateStockBOYAmt
Corporate Stock EOY$5,348,285CorporateStockEOYAmt
Corporate Stock EOYFMV$5,348,285CorporateStockEOYFMVAmt
Corporate Bonds BOY$3,376,873CorporateBondsBOYAmt
Corporate Bonds EOY$3,041,174CorporateBondsEOYAmt
Corporate Bonds EOYFMV$3,041,174CorporateBondsEOYFMVAmt
Total Assets BOY$10,309,634TotalAssetsBOYAmt
Total Assets EOY$8,580,286TotalAssetsEOYAmt
Total Assets EOYFMV$8,580,286TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$10,309,634NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$8,580,286NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$10,309,634TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,580,286TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$10,309,634TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,580,286TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,309,634TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,839,065ExcessRevenueOverExpensesAmt
Other Increases$109,717OtherIncreasesAmt
Subtotal$8,580,286SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,580,286TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$819,767CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$13,731InvestmentIncomeExciseTaxAmt
Subtotal$13,731SubtotalAmt
Tax Based On Investment Income$13,731TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$818EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$15,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$15,818TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$242EsPenaltyAmt
Overpayment$1,845OverpaymentAmt
Applied To ES Tax$1,845AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJOHN L NELSONIndividualWithBooksNm
Phone6124927000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH SIXTH STREET SUITE 1500AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonANN L MCCABEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15321 MINNEHAHA BOULEVARDAddressLine1Txt
CityEDINACityNm
State AbbreviationMNStateAbbreviationCd
ZIP554241406ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$8,865,258AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$203,900AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,069,158TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,069,158AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$136,037CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,933,121NetVlNoncharitableAssetsAmt
Minimum Investment Return$446,656MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$446,656MinimumInvestmentReturnAmt
Tax Based On Investment Income$13,731TaxBasedOnInvestmentIncomeAmt
Total Tax$13,731TotalTaxAmt
Distributable Before Adj$432,925DistributableBeforeAdjAmt
Distributable Before Ded$432,925DistributableBeforeDedAmt
Distributable As Adjusted$432,925DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,826,881ExpensesAndContributionsAmt
Qualifying Distributions$2,826,881QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$432,925DistributableAsAdjustedAmt
Undistributed Income PY$398,846UndistributedIncomePYAmt
Qualifying Distributions$2,826,881QualifyingDistributionsAmt
Applied To Year1$398,846AppliedToYear1Amt
Applied To Current Year$432,925AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,995,110RemainingDistriFromCorpusAmt
Total Corpus$1,995,110TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$1,995,110ExcessDistriCyovToNextYrAmt
Excess From Current Year$1,995,110ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
UNIVERSITY OF ST THOMAS
2115 SUMMIT AVENUEST PAULMN55105NONEPCUNDERTOLD STORIES PROJECT$225,000
SAINT MARY'S UNIVERSITY
700 TERRACE HEIGHTSWINONAMN55987NONEPCHENDRICKSON INSTITUTE$2,551,881STE 21
FIREFLY SISTERHOOD
3545 PLYMOUTH BLVDPLYMOUTHMN55447NONEPCGENERAL USE OF CHARITY$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,826,881TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$110,055ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$122,801ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$819,767ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,052,623ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,052,623TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp

FieldValueIRS element (for citing)
AssetPUBLICLY TRADED SECURITIESAssetDesc
How AcquiredPURCHASEHowAcquiredTxt
Gross Sales Price$4,440,980GrossSalesPriceAmt
Basis$3,621,213BasisAmt
Total Net$819,767TotalNetAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondINVESTMENT ACCOUNTBondNm
EOY Book Value$3,041,174EOYBookValueAmt
EOYFMV$3,041,174EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENT ACCOUNTStockNm
EOY Book Value$5,348,285EOYBookValueAmt
EOYFMV$5,348,285EOYFMVAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN VALUE OF INVESTMENTSDesc
Amt$109,717Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$59,429Amt
Net Investment Income$59,429NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX ON INVESTMENT INCOMECategoryTxt
Amt$5,378Amt
Net Investment Income$5,378NetInvestmentIncomeAmt

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