Prairie Minerals Foundation

Name: IRS record for Prairie Minerals Foundation
Creator: Internal Revenue Service
License: https://www.usa.gov/government-copyright

Chicago, IL. EIN 32-0062771. Reported $13,570 of revenue for 2023 on its Form 990.

The IRS record

Registered name: PRAIRIE MINERALS FOUNDATION; As the IRS records it, which is how it appears in their own search.
Employer Identification Number: 32-0062771; The identifier the IRS uses for this organization.
Recognized under: 501(c)(3) — charitable, religious, educational, scientific; The subsection of the code its exemption was granted under.
Recognized in: 2004; The year of the IRS ruling.
Classification: Philanthropy, Voluntarism and Grantmaking Foundations; NTEE code T112, assigned at registration.
Gifts to it: Contributions are deductible; Whether the IRS treats a contribution to this organization as deductible.
Legal form: Corporation; How the organization is constituted, as recorded at registration.
Location of record: Chicago, IL; The address the IRS holds, not necessarily where it operates.
Most recent filing: Form 990; For tax year 2023.

$13,570
Total revenue: Contributions, grants, program service revenue and investment income.; $9,695
Total expenses: As reported on the return.; $6.4 million
Total assets, book value: $6,448,744; At the end of the year, at what the organization paid for them.; 12
People listed: Officers, directors, trustees, key employees and highest-paid employees.; $571.7 thousand
Largest reported compensation: $571,679; Reported for Dr Steven B Nasatir.

Total revenue: $13,570, 2023: By the revenue it reported, ranks 628,088th of 685,136 organizations with revenue on their return nationally, 24,914th of 27,273 in Illinois and 63,127th of 73,016 in Philanthropy, Voluntarism and Grantmaking Foundations. Larger than 8% of the 685,136 organizations with revenue on their return nationally. It is < 0.1% of the $4,505,194,528,546 reported by every organization with a return on record.
Largest reported compensation: $571,679, 2023: By the largest compensation it reported paying, ranks 15,061st of 261,691 organizations reporting compensation nationally, 641st of 11,117 in Illinois and 694th of 19,258 in Philanthropy, Voluntarism and Grantmaking Foundations. Larger than 94% of the 261,691 organizations reporting compensation nationally.

Other organizations in the same state and category as Prairie Minerals Foundation
Organization	Revenue
The Chicago Community Trust	$2,143,553,763
Howard G Buffett Foundation	$964,734,519
John D & Catherine T Macarthur Foundation	$890,851,721
Jewish Federation of Metropolitan Chicago	$284,591,607
Builders Initiative	$245,156,232
Jarvis Foundation	$188,789,753

IRS Tax Exempt Organization Search — the exemption record this page is built from. Search for EIN 32-0062771; the IRS search has no address that opens one organization directly.
ProPublica Nonprofit Explorer — the same filings with scanned returns going back further. Reporting by ProPublica.

Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
The figures describe the most recent year on record, which is usually one to two years behind, and not the organization’s current position.
Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

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Data retrieved September 19, 2026