STRATEGY STUDIO / PUBLIC DATA EXPLORER

ERNIE AND JEANNE LINDSTROM FAMILY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ERNIE AND JEANNE LINDSTROM FAMILY FOUNDATION (EIN 20-5992006)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-15
IRS object ID
202521359349102637
Schema version
2024v5.1
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)
Return2025-05-15T08:59:01-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

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 Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael D JohnsonPreparerPersonNm
PTINP00320511PTIN
Phone9529213290PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$46,565FMVAssetsEOYAmt
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$663DividendsRevAndExpnssAmt
Dividends Net Invst Incm$663DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$2,967NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$11,892GrossSalesPriceAmt
Total Rev And Expnss-$2,304TotalRevAndExpnssAmt
Total Net Invst Incm$663TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$485AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$485AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$140TaxesRevAndExpnssAmt
Taxes Net Invst Incm$140TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$84OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$84OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$709TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$709TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$9,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$9,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$10,509TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$709TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$9,800TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,813ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$754CashBOYAmt
Cash EOY$2,444CashEOYAmt
Cash EOYFMV$2,444CashEOYFMVAmt
Sav And Temp Cash Invst BOY$330SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$686SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$686SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$109,564CorporateStockBOYAmt
Corporate Stock EOY$94,705CorporateStockEOYAmt
Corporate Stock EOYFMV$43,435CorporateStockEOYFMVAmt
Total Assets BOY$110,648TotalAssetsBOYAmt
Total Assets EOY$97,835TotalAssetsEOYAmt
Total Assets EOYFMV$46,565TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$110,648NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$97,835NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$110,648TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$97,835TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$110,648TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$97,835TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$110,648TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,813ExcessRevenueOverExpensesAmt
Subtotal$97,835SubtotalAmt
Tot Net Ast Or Fund Balances EOY$97,835TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property500 SHARES CLIFFS NATURAL RESOURCES, INC.PropertyDesc
How AcquiredPHowAcquiredCd
Acquired2013-03-05AcquiredDt
Sold2025-02-07SoldDt
Gross Sales Price$11,892GrossSalesPriceAmt
Cost Or Other Basis$14,859CostOrOtherBasisAmt
Gain Or Loss-$2,967GainOrLossAmt
Gains Minus Excess Or Losses-$2,967GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income-$2,967CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Due$0TaxDueAmt
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 THOMPSON
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$51,964AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,241AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$59,205TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$59,205AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$888CashDeemedCharitableAmt
Net Vl Noncharitable Assets$58,317NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,916MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$2,916MinimumInvestmentReturnAmt
Distributable Before Adj$2,916DistributableBeforeAdjAmt
Distributable Before Ded$2,916DistributableBeforeDedAmt
Distributable As Adjusted$2,916DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$9,800ExpensesAndContributionsAmt
Qualifying Distributions$9,800QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,916DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$673ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,334ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$1,976ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$3,100ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$7,083TotalExcessDistributionCyovAmt
Qualifying Distributions$9,800QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,916AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,884RemainingDistriFromCorpusAmt
Total Corpus$13,967TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$673ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$13,294ExcessDistriCyovToNextYrAmt
Excess From Year4$1,334ExcessFromYear4Amt
Excess From Year2$1,976ExcessFromYear2Amt
Excess From Year1$3,100ExcessFromYear1Amt
Excess From Current Year$6,884ExcessFromCurrentYearAmt

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$7,200
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$9,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$663ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$2,967ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$2,304ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$2,304TotalIncomeProducingActyAmt

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$485Amt
Net Investment Income$485NetInvestmentIncomeAmt
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$19,935
3700 SHARES CLIFFS NATURAL RESOURCES INC$40,367$23,500

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
FILING FEES$25$25
INVESTMENT EXPENSES$59$59

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXES PAIDCategoryTxt
Amt$140Amt
Net Investment Income$140NetInvestmentIncomeAmt