Retel Foundation Charitable Tr FY2020 filing

Tax-deductible

Waconia, MN501(c)(3)Foundations & GrantmakersEIN 41-6443943

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

Before you give

FY2020 · 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
3 of 7
filings with a surplus
Average deficit $5K a year · 52% of revenue · last 7 filings
Concern: a surplus in 3 of the last 7 filings.
990-PF Pt I · 7 filings
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
$24K
+37% vs prior year
Spent
$16K
Net assets
$280K
By yearFY2019–FY2025
Revenue
$24K
FY2020▲ +37%
Revenue by fiscal year
FY2019$17K
FY2020$24K
FY2021$5K
FY2022−$39K
FY2023$3K
FY2024$70K
FY2025−$17K
Expenses
$16K
FY2020▲ +9%
Expenses by fiscal year
FY2019$14K
FY2020$16K
FY2021$17K
FY2022$15K
FY2023$15K
FY2024$17K
FY2025$0
Net assets
$280K
FY2020▲ +12%
Net assets by fiscal year
FY2019$250K
FY2020$280K
FY2021$293K
FY2022$222K
FY2023$228K
FY2024$297K
FY2025$271K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1998.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 85% · $13K Operating & administrative 15% · $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 Retel Foundation Charitable Tr executive salaries →

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Programs and updates

A private foundation based in Waconia, MN.

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 · 19 grants · $14K · 2024–2024
Waconia Gathergrow Food ShelfFY2024$1,700
Waconia School District 110FY2024$1,500
Ridgeview MedicalFY2024$1,300
Waconia School Dist Band BoostersFY2024$900
Waconia Sch Dis 110 Choir BoostersFY2024$850
Waconia School District 110FY2024$800
Waconia Faith Lutheran ChurchFY2024$800
Sharinga and Caring HandsFY2024$700
Minnesot Teen ChallengeFY2024$600
Hope InternatinalFY2024$600
Samaritan PurseFY2024$500
Waconia Faith Lutheran ChurchFY2024$500
Southern Valley AllianceMN · FY2024$500
American Cancer SocietyFY2024$500
Waconia Faith Lutheraan ChurchFY2024$500
Mavarvian Care CenterFY2024$500
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV3
Average grantPart XV$763
Median grantPart XV$700
Largest grantPart XV$2K
Top cause focusNTEEInternational (5%)

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$24K
Investment income$24K
Money out
$16K
Grants paid$13K
Running costs$2K
Owns and owes
$280K
net assets
Total assets$280K
Liabilities$0
2In more detail
Revenue in detail
Investment income$24K
Total revenue$24K
Assets in detailEnd of year
Total assets$280K
Liabilities$0
Net assets$280K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest −$17K$0−$17K$271K 990 PDF
FY2024 $70K$17K$54K$297K 990 PDF
FY2023 $3K$15K−$13K$228K 990 PDF
FY2022 −$39K$15K−$54K$222K 990 PDF
FY2021 $5K$17K−$12K$293K 990 PDF
FY2020 Viewing $24K$16K$8K$280K 990 PDF
FY2019 $17K$14K$3K$250K 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) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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