Magnhild N Madsen Charitable Trust

Private foundation Sioux City, IA EIN: 39-7001218

Magnhild N Madsen Charitable Trust is a private foundation, based in Sioux City, IA. IRS filing data is available for 2025. As of 2025, the organization holds $94K in total assets. Net investment income was $220.

Key facts about Magnhild N Madsen Charitable Trust

EIN
39-7001218
Latest 990 filing
Form 990-PF, 2025
Total assets
$93,664

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$94K

Revenue

$94K

Net Investment Income

$220

Expenses

$176

Under IRS private-foundation payout rules, Magnhild N Madsen Charitable Trust reported a distributable amount of $766 for 2025 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50K$100K$150K2025
Metric2025
Total Assets$93,664
Revenue$94,136
Expenses$176
Net Investment Income$220
Distributable Amount$766

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 3, 2026)

Leadership & Key People

Officers and directors from IRS filings

Magnhild N Madsen Charitable Trust's only listed officer is Security National Bank, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • Security National Bank

    Trustee

    New on the 2025 filing

    1 hr/week

    $176 (2025)

Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Security National Bank — Trustee: $176Security National BankTrustee$176

The highest reported compensation on the 2025 filing was $176, to Security National Bank (Trustee).

Frequently asked questions about Magnhild N Madsen Charitable Trust

How large is Magnhild N Madsen Charitable Trust?

Magnhild N Madsen Charitable Trust reported $94K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $94K.

How much is Magnhild N Madsen Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Magnhild N Madsen Charitable Trust reported a distributable amount of $766 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Magnhild N Madsen Charitable Trust's EIN?

Magnhild N Madsen Charitable Trust's EIN (Employer Identification Number) is 39-7001218. IRS Form 990 filing data is available on this page for 2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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