Stearns Foundation INC FY2021 filing

Tax-deductible

Hutchinson, MN501(c)(3)EIN 41-1609446Revenue −$16K in FY2021

On file with the IRSPo Box 50, 55350-0050 · Hutchinson, MNTax-exempt since Jan 1989Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · 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
FY2026
latest Form 990-PF
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $664 a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
8 mo
of spending, in cash
Looks good: 8.3 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
−$16K
Spent
$10K
Net assets
$182K
By yearFY2021–FY2026
Revenue
−$16K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021−$16K
FY2022$30K
FY2023$10K
FY2024$14K
FY2025$15K
FY2026$18K
Expenses
$10K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$10K
FY2022$8K
FY2023$9K
FY2024$11K
FY2025$13K
FY2026$15K
Net assets
$182K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$182K
FY2022$204K
FY2023$204K
FY2024$207K
FY2025$209K
FY2026$212K

From the FY2021 Form 990 (year ending March 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Jan 1989.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 80% · $8K Operating & administrative 20% · $2K

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

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Stearns Foundation INC executive salaries →

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Programs and updates

A private foundation based in Hutchinson, MN.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 10 grants · $11K · 2025–2025
Hutchinson Library SystemFY2025$5,000
Hutchinson Area Dollars for ScholarFY2025$2,500
Individual RecipientFY2025$1,250
Hutchinson Public LibraryFY2025$525
Individual RecipientFY2025$250
Individual RecipientFY2025$250
Hutchinson Health FoundationFY2025$250
Parents for SeniorsFY2025$250
Isd 423 FoundationFY2025$200
Tim Orth Memorial FoundationFY2025$200

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$250
Largest grantPart XV$5K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
−$16K
Money out
$10K
Grants paid$8K
Running costs$2K
Owns and owes
$182K
net assets
Cash and savings$7K
Total assets$182K
Liabilities$0
2In more detail
Revenue in detail
Total revenue−$16K
Assets in detailEnd of year
Cash and savings together$7K
Total assets$182K
Liabilities$0
Net assets$182K
Operations
Fiscal year endsMarch

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $18K$15K$3K$212K 990 PDF
FY2025 $15K$13K$2K$209K 990 PDF
FY2024 $14K$11K$3K$207K 990 PDF
FY2023 $10K$9K$215$204K 990 PDF
FY2022 $30K$8K$22K$204K 990 PDF
FY2021 Viewing −$16K$10K−$26K$182K 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) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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