STRATEGY STUDIO / PUBLIC DATA EXPLORER

ERNIE AND JEANNE LINDSTROM FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ERNIE AND JEANNE LINDSTROM FAMILY FOUNDATION (EIN 20-5992006)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-15
IRS object ID
202421369349105397
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T18:08:01-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203743398PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Michael D Johnson & Company LtdBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17101 York Avenue South Suite 310AddressLine1Txt
CityEdinaCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55435ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205992006EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ERNIE AND JEANNE LINDSTROMBusinessNameLine1Txt
Business Name Line2FAMILY FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlERNIBusinessNameControlTxt
Phone9528312363PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17406 FREMONT AVENUE SOUTHAddressLine1Txt
CityRICHFIELDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55423ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERNEST A LINDSTROMPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstERNEST APersonFirstNm
Person LastLINDSTROMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael D JohnsonPreparerPersonNm
PTINP00320511PTIN
Phone9529213290PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$79,776FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$549DividendsRevAndExpnssAmt
Dividends Net Invst Incm$549DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$785NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$6,535GrossSalesPriceAmt
Total Rev And Expnss-$236TotalRevAndExpnssAmt
Total Net Invst Incm$549TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$455AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$455AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$159TaxesRevAndExpnssAmt
Taxes Net Invst Incm$159TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$75OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$75OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$689TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$689TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$7,689TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$689TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$7,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$7,925ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,246CashBOYAmt
Cash EOY$754CashEOYAmt
Cash EOYFMV$754CashEOYFMVAmt
Sav And Temp Cash Invst BOY$443SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$330SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$330SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$116,884CorporateStockBOYAmt
Corporate Stock EOY$109,564CorporateStockEOYAmt
Corporate Stock EOYFMV$78,692CorporateStockEOYFMVAmt
Total Assets BOY$118,573TotalAssetsBOYAmt
Total Assets EOY$110,648TotalAssetsEOYAmt
Total Assets EOYFMV$79,776TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$118,573NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$110,648NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$118,573TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$110,648TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$118,573TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$110,648TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$118,573TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$7,925ExcessRevenueOverExpensesAmt
Subtotal$110,648SubtotalAmt
Tot Net Ast Or Fund Balances EOY$110,648TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property300 SHARES CLEVELAND-CLIFFS INCPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2013-03-05AcquiredDt
Sold2023-03-09SoldDt
Gross Sales Price$6,535GrossSalesPriceAmt
Cost Or Other Basis$7,320CostOrOtherBasisAmt
Gain Or Loss-$785GainOrLossAmt
Gains Minus Excess Or Losses-$785GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$785CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ERNEST LINDSTROMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9528312363PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17406 FREMONT AVENUE SOUTHAddressLine1Txt
CityRICHFIELDCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55423ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ERNEST A LINDSTROM
7406 FREMONT AVENUE SOUTHRICHFIELDMN55423President1.00$0
JEANNE E LINDSTROM
7406 FREMONT AVENUE SOUTHRICHFIELDMN55423Vice President1.00$0
MONICA LINDSTROM NELSON
7600 PARKLAWN AVENUESUITE 444EDINAMN55435Director1.00$0
KRISTIN A LINDSTROM
7600 PARKLAWN AVENUESUITE 444EDINAMN55435Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$75,038AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,148AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$79,186TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$79,186AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,188CashDeemedCharitableAmt
Net Vl Noncharitable Assets$77,998NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,900MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,900MinimumInvestmentReturnAmt
Distributable Before Adj$3,900DistributableBeforeAdjAmt
Distributable Before Ded$3,900DistributableBeforeDedAmt
Distributable As Adjusted$3,900DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$7,000ExpensesAndContributionsAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,900DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$673ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,334ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$1,976ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$3,983TotalExcessDistributionCyovAmt
Qualifying Distributions$7,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,900AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,100RemainingDistriFromCorpusAmt
Total Corpus$7,083TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$7,083ExcessDistriCyovToNextYrAmt
Excess From Year4$673ExcessFromYear4Amt
Excess From Year3$1,334ExcessFromYear3Amt
Excess From Year1$1,976ExcessFromYear1Amt
Excess From Current Year$3,100ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerERNEST A LINDSTROMContributingManagerNm
Contributing ManagerJEANNE E LINDSTROMContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NORMANDALE COMMUNITY COLLEGE FOUNDA
9700 FRANCE AVENUE SOUTHBLOOMINGTONMN55438NONEGENERAL PURPOSES$1,000
HOUSE OF PRAYER LUTHERAN CHURCH
7625 CHICAGO AVENUERICHFIELDMN55423NONEGENERAL PURPOSES$4,400
UNIVERSITY OF NORTH DAKOTA FOUNDATI
3100 UNIVERSITY AVENUE STOP 8157GRAND FORKSND58202NONEGENERAL PURPOSES$1,000
GUSTAVUS ADOLPHUS COLLEGE
800 WEST COLLEGE AVENUEST PETERMN56082NONEGENERAL PURPOSES$600
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$549ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$785ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$236ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$236TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$455Amt
Net Investment Income$455NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
3000 SHARES POPE & TALBOT$12,100
177 SHARES GENCO SHIPPING$14,069
4500 SHARES NOKIA OYJ ADR$28,169$15,390
3700 SHARES CLIFFS NATURAL RESOURCES INC$55,226$63,302

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
BANK CHARGES$12$12
FILING FEES$25$25
INVESTMENT EXPENSES$38$38

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXES PAIDCategoryTxt
Amt$159Amt
Net Investment Income$159NetInvestmentIncomeAmt