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Arsher Charitable Trust is a private trust based in HIBBING, MN. The foundation received its IRS ruling in 1991. It holds total assets of $12M. Annual income is reported at $3.4M. Total assets have grown from $4.4M in 2011 to $11.8M in 2023. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Arsher Charitable Trust has made 182 grants totaling $3.1M, with a median grant of $9K. The foundation has distributed between $748K and $1.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 94 grants. Individual grants have ranged from $2K to $194K, with an average award of $17K. The foundation has supported 79 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Michigan, which account for 83% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$17K
Largest Grant
$185K
Based on 46 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arsher Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 182 grants. Its grantmaking reaches organizations primarily in MN, NY, MI.
Arsher Charitable Trust has distributed a total of $3.1M across 182 grants. The median grant size is $9K, with an average of $17K. Individual grants have ranged from $2K to $194K.
Arsher Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Arsher Charitable Trust is headquartered in HIBBING, MN. While based in MN, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John N Nys | TRUSTEE | $3K | $0 | $3K |
| Kent D Rhude | TRUSTEE | $0 | $0 | N/A |
| Cary J Rhude | TRUSTEE | $0 | $0 | N/A |
| Rana R Porter | TRUSTEE | $0 | $0 | N/A |
| Joan Rhude | TRUSTEE | $0 | $0 | N/A |
| Sally A Pernat | TRUSTEE | $0 | $0 | N/A |
Total Giving
$821K
Total Assets
$11.8M
Fair Market Value
$16.7M
Net Worth
$11.8M
Grants Paid
$748K
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$773K
Total: $9.3M
Total Grants
182
Total Giving
$3.1M
Average Grant
$17K
Median Grant
$9K
Unique Recipients
79
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project CareGENERAL SUPPORT | Hibbing, MN | $10K | 2023 |
| Craig FoundationGENERAL SUPPORT | Englewood, CO | $5K | 2023 |
| Salvation ArmyGENERAL SUPPORT | Hibbing, MN | $194K | 2022 |
| First Lutheran ChurchGENERAL SUPPORT | Hibbing, MN | $110K | 2022 |
| North Homes Children & Family ServicesGENERAL SUPPORT | Grand Rapids, MN | $120K | 2023 |
| First Lutheran Church HibbingGENERAL SUPPORT | Hibbing, MN | $100K | 2023 |
| Salvation Army - HibbingGENERAL SUPPORT | Hibbing, MN | $100K | 2023 |
| Star Of The North Maternity HomeGENERAL SUPPORT | Duluth, MN | $40K | 2023 |
| Second Harvest Northern Lakes Food BankGENERAL SUPPORT | Duluth, MN | $40K | 2023 |
| United Way Ne MinnesotaGENERAL SUPPORT | Chisholm, MN | $35K | 2023 |
| Voyageurs Lutheran MinistryGENERAL SUPPORT | Duluth, MN | $30K | 2023 |
| Tunnels To Towers FoundationGENERAL SUPPORT | Staten Island, NY | $20K | 2023 |
| Twelfth Step HouseGENERAL SUPPORT | Virginia, MN | $20K | 2023 |
| Fairview Range Homecare & HospiceGENERAL SUPPORT | Hibbing, MN | $15K | 2023 |
| Northwoods Children'S HomeGENERAL SUPPORT | Duluth, MN | $15K | 2023 |
| Advocates For Family PeaceGENERAL SUPPORT | Hibbing, MN | $13K | 2023 |
| Light The Way Lutheran ChurchGENERAL SUPPORT | Tucson, AZ | $10K | 2023 |
| Faith Evangelical Lutheran ChurchGENERAL SUPPORT | Waconia, MN | $10K | 2023 |
| ChumGENERAL SUPPORT | Duluth, MN | $10K | 2023 |
| Mercy ShipsGENERAL SUPPORT | Garden Valley, TX | $10K | 2023 |
| Damiano CenterGENERAL SUPPORT | Duluth, MN | $10K | 2023 |
| Miller Dwan Foundation - Amber WingGENERAL SUPPORT | Duluth, MN | $10K | 2023 |
| Sexual Assault ProgramGENERAL SUPPORT | Virginia, MN | $10K | 2023 |
| Solvay Hospice HouseGENERAL SUPPORT | Duluth, MN | $10K | 2023 |
| Immanuel Lutheran ChurchGENERAL SUPPORT | Alpena, MI | $9K | 2023 |
| Salvation Army - AlpenaGENERAL SUPPORT | Alpena, MI | $8K | 2023 |
| Waconia United Food ShelfGENERAL SUPPORT | Waconia, MN | $8K | 2023 |
| Central Mesabi Med FoundationGENERAL SUPPORT | Hibbing, MN | $8K | 2023 |
| Sunrise MissionGENERAL SUPPORT | Alpena, MI | $7K | 2023 |
| Salvation Army - DuluthGENERAL SUPPORT | Duluth, MN | $5K | 2023 |
| Second Harvest Food Bank Of Orange CountyGENERAL SUPPORT | Irvine, CA | $5K | 2023 |
| Hibbing Community College FoundationsGENERAL SUPPORT | Hibbing, MN | $5K | 2023 |
| Union Gospel MissionGENERAL SUPPORT | Duluth, MN | $5K | 2023 |
| Minnesota Adult & Teen ChallengeGENERAL SUPPORT | Minneapolis, MN | $5K | 2023 |
| North St Louis County Habitat For HumanityGENERAL SUPPORT | Virginia, MN | $5K | 2023 |
| The Mhe Research FoundationGENERAL SUPPORT | Brooklyn, NY | $5K | 2023 |
| Chisholm Food Shelf - Arrowhead Economic Opportunity AgencyGENERAL SUPPORT | Chisholm, MN | $5K | 2023 |
| Children'S Minnesota FoundationGENERAL SUPPORT | Edina, MN | $5K | 2023 |
| Hillside School And Learning CenerGENERAL SUPPORT | Lacanada Flintridge, CA | $5K | 2023 |
| Grace Lutheran ChurchGENERAL SUPPORT | Chisholm, MN | $5K | 2023 |
| Aauw - American Association University WomenGENERAL SUPPORT | Hibbing, MN | $3K | 2023 |
| Caring BridgeGENERAL SUPPORT | Albert Lea, MN | $3K | 2023 |
| Range Regional Animal RescueGENERAL SUPPORT | Hibbing, MN | $2K | 2023 |
| North Homes Children And Family ServicesGENERAL SUPPORT | Bemidji, MN | $66K | 2022 |