Squam Lake Foundation

Tax-deductible

Golden Valley, MN501(c)(3)EIN 36-3492677

501(c)(3) charity; gifts are tax-deductible.
$16K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $72K a year · 24% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$16K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
15 mo
of spending, in cash
Looks good: 15.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$346K
+16% vs prior year
Spent
$464K
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$346K
FY2025▲ +16%
Revenue by fiscal year
FY2020$282K
FY2021$359K
FY2022$239K
FY2023$232K
FY2024$297K
FY2025$346K
Expenses
$464K
FY2025▲ +30%
Expenses by fiscal year
FY2020$295K
FY2021$336K
FY2022$386K
FY2023$349K
FY2024$356K
FY2025$464K
Net assets
$1.7M
FY2025▼ -6%
Net assets by fiscal year
FY2020$2.1M
FY2021$2.1M
FY2022$2.0M
FY2023$1.9M
FY2024$1.8M
FY2025$1.7M

From the FY2025 Form 990 (year ending November 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $400K Operating & administrative 14% · $64K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

4 people listed on the 990-PF; $16K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President, Director
$4,000Pt VII · Sec A
Treasurer, Secretary
$4,000Pt VII · Sec A
Vice President, Director
$4,000Pt VII · Sec A
Director
$3,500Pt VII · Sec A
See Squam Lake Foundation executive salaries →

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Programs and updates

A private foundation based in Golden Valley, MN.

Provided by the organization

This section is blank until Squam Lake Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 12 grants · $400K · 2024–2024
Mayo ClinicFY2024$150,000
Macphail Center for MusicMN · FY2024$37,000
Westminster Presbyterian ChurchFY2024$30,000
Interfaith Outreach & Community PartnersFY2024$30,000
The Basilica of St Maryst Vincent De Paul MinistryFY2024$25,000
Union Gospel Mission Twin CitiesFY2024$20,000
Second Harvest HeartlandMN · FY2024$20,000
Banyan CommunityFY2024$20,000
Agate HousingFY2024$20,000
Simpson Housing Services INCMN · FY2024$18,000
TubmanMN · FY2024$15,000
Planned ParenthoodTX · FY2024$15,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV5
Average grantPart XV$33K
Median grantPart XV$20K
Largest grantPart XV$150K
Top cause focusNTEEUnclassified (8%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$346K
Investment income$346K
Money out
$464K
Grants paid$400K
Running costs$64K
Owns and owes
$1.7M
net assets
Cash and savings$595K
Total assets$1.7M
Liabilities$0
People
4
listed
Paid4
2In more detail
Revenue in detail
Investment income$346K
Total revenue$346K
Assets in detailEnd of year
Cash and savings together$595K
Total assets$1.7M
Liabilities$0
Net assets$1.7M
Operations
Fiscal year endsNovember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $346K$464K−$118K$1.7M 990 PDF
FY2024 $297K$356K−$58K$1.8M 990 PDF
FY2023 $232K$349K−$116K$1.9M 990 PDF
FY2022 $239K$386K−$146K$2.0M 990 PDF
FY2021 $359K$336K$22K$2.1M 990 PDF
FY2020 $282K$295K−$13K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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