Fales Foundation Trust FY2021 filing

Tax-deductible

Saint Paul, MN501(c)(3)EIN 91-6087669Revenue $230K in FY2021

On file with the IRSPo Box 64193, 55164-0193 · Saint Paul, MNTax-exempt since Apr 1986Private non-operating foundation

This page gets seen. Tell your story. Claim this org.

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
2 of 6
filings with a surplus
Average deficit $17K a year · 5% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
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
$230K
Spent
$363K
Net assets
$4.8M
By yearFY2021–FY2026
Revenue
$230K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$230K
FY2022$383K
FY2023$368K
FY2024$213K
FY2025$413K
FY2026$392K
Expenses
$363K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$363K
FY2022$326K
FY2023$392K
FY2024$70K
FY2025$512K
FY2026$436K
Net assets
$4.8M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.8M
FY2022$4.8M
FY2023$4.8M
FY2024$4.9M
FY2025$4.8M
FY2026$4.8M

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

Form 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 Apr 1986.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 80% · $292K Operating & administrative 20% · $71K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2026FY2025
US Bank N A$65,468$68,649

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fales Foundation Trust executive salaries →

Something off? The org can add a note here. Claim this org to fix it.

Programs and updates

A private foundation based in Saint Paul, MN.

Questions for Fales Foundation Trust

Tap to ask. Fales Foundation Trust sees how many people are interested.

Your first name shows with your question. Fales Foundation Trust answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $360K · 2025–2025
Individual RecipientFY2025$360,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$360K
Median grantPart XV$360K
Largest grantPart XV$360K

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$230K
Investment income$229K
Other income$1K
Money out
$363K
Grants paid$292K
Running costs$71K
Owns and owes
$4.8M
net assets
Cash and savings$46K
Total assets$4.8M
Liabilities$0
2In more detail
Revenue in detail
Investment income$229K
Other income$1K
Total revenue$230K
Assets in detailEnd of year
Cash and savings together$46K
Total assets$4.8M
Liabilities$0
Net assets$4.8M
Operations
Fiscal year endsJanuary

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $392K$436K−$43K$4.8M 990 PDF
FY2025 $413K$512K−$99K$4.8M 990 PDF
FY2024 $213K$70K$143K$4.9M 990 PDF
FY2023 $368K$392K−$24K$4.8M 990 PDF
FY2022 $383K$326K$57K$4.8M 990 PDF
FY2021 Viewing $230K$363K−$133K$4.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.