Leavenworth Gambling Fund
Leavenworth Gambling Fund is a private foundation, based in Sleepy Eye, MN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $68K in total assets. In 2023, it made $25K in qualifying distributions. Net investment income was $36.
Key facts about Leavenworth Gambling Fund
- EIN
- 41-1477324
- Latest 990 filing
- Form 990-PF, 2023
- Total assets
- $67,964
Data from IRS Form 990-PF, 2023; updated October 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$68K
+82.0% YoY
Revenue
$120K
+9.0% YoY
Qualifying Distributions
$25K
-8.2% YoY
Expenses
$90K
-11.6% YoY
Under IRS private-foundation payout rules, Leavenworth Gambling Fund reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $67,964 | $37,337 | $23,875 |
| Revenue | $119,904 | $109,996 | $81,667 |
| Expenses | $89,972 | $101,786 | $71,695 |
| Qualifying Distributions | $25,024 | $27,245 | $18,030 |
| Net Investment Income | $36 | $8 | $5 |
| Distributable Amount | $2,468 | $1,548 | $950 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Leavenworth Gambling Fund is led by David Schroepfer, President on every filing since 2022; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
David Schroepfer
President
On filings since 2022
2 hrs/week
No compensation reported
Jane Cook
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Joe Schwartz
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Jevan Richert
Secretary
New on the 2023 filing
2 hrs/week
No compensation reported
Former officers (2)
- Former: Robert Zwaschka (2020–2022) — Secretary
- Former: Dean Schumacher (2020–2021) — President
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Leavenworth Gambling Fund
How large is Leavenworth Gambling Fund?
Leavenworth Gambling Fund reported $68K in total assets on its 2023 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Leavenworth Gambling Fund's EIN?
Leavenworth Gambling Fund's EIN (Employer Identification Number) is 41-1477324. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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