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EIN 41-1378654

Sundet Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Bloomington
State
Minnesota
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Sundet Foundation is a corporate foundation of Sundet Wine and Spirits, located in Bloomington, MN, that primarily funds charitable initiatives. It made 61 grants last year, supporting organizations such as Norway House and others.
Total revenues
$941,651
2023
Total expenses
$1,702,766
2023
Total assets
$5,461,933
2023
Num. employees
0
2023

Grants made by Sundet Foundation

GranteeGrant descriptionAmount
Norway HouseCharitable$246,000
Minneapolis Heart Institute Foundation (MHIF)Charitable$100,000
Giants of the Earth Heritage CenterCharitablecharitable$100,000
...and 23 more grants made totalling $706,173

Personnel at Sundet Foundation

NameTitleCompensation
Leland N SundetDirector and President$0
Carol SundetTreasurer

Financials for Sundet Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$130,008
Investment income and dividends$177,293
Net rental income$35,400
Net gain from sale of non-inventory assets$598,950
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$941,651

Form 990s for Sundet Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-31990PFView PDF
2022-122023-05-12990PFView PDF
2021-122022-05-11990PFView PDF
2020-122021-06-21990PFView PDF
2019-122020-09-14990PRView PDF
...and 8 more Form 990s
Data update history
August 18, 2024
Posted financials
Added Form 990PF for fiscal year 2023
July 20, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
7805 Telegraph Rd 215
Bloomington, MN 55438
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Phone
(952) 941-0242
IRS details
EIN
41-1378654
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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