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Asbjorn Lunde Foundation is a private trust based in HILLSDALE, NY. The foundation received its IRS ruling in 2013. The principal officer is Asbjorn Lunde. It holds total assets of $4.8M. Annual income is reported at $3.8M. Total assets have grown from $52K in 2014 to $4.8M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Funding is distributed across 4 states, including New York, Massachusetts, New Hampshire. According to available records, Asbjorn Lunde Foundation has made 59 grants totaling $1.7M, with a median grant of $10K. Annual giving has grown from $26K in 2020 to $1M in 2023. Individual grants have ranged from $1K to $375K, with an average award of $28K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, New Hampshire, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Asbjorn Lunde Foundation reported 59 individual grants totaling $1.7 million between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $10,000. Half of those grants fell between $5,000 and $25,000. Its largest single grant in the record was $375,000. Its most recent available filing, for fiscal year 2023, reports $1.6 million in total giving.
Grantmaking is concentrated in NY, which received 44 of the 59 grants on record (75 percent). In total the foundation's grantees span 5 states. Of its 21 distinct grantees, 57 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Stering And Francine Clark Art Institute ($475,000), Orchestra Of St Luke's ($258,000) and Clark Art Institute ($102,000).
Computed from 59 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 5 states. Source: IRS 990-PF.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$15K
Largest Grant
$62K
Based on 16 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.
Asbjorn Lunde Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in NY, MA, NH.
Asbjorn Lunde Foundation has distributed a total of $1.7M across 59 grants. The median grant size is $10K, with an average of $28K. Individual grants have ranged from $1K to $375K.
Asbjorn Lunde Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asbjorn Lunde Foundation is headquartered in HILLSDALE, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Kern | PRESIDENT | $200K | $66K | $266K |
| Dr Kurt Sundstrom | DIRECTOR | $0 | $0 | N/A |
| John Philip | SECRETARY | $0 | $0 | N/A |
| Madeline Lanciani | TREASURER | $0 | $0 | N/A |
| Dr George Robb | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.8M
Fair Market Value
N/A
Net Worth
$4.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
59
Total Giving
$1.7M
Average Grant
$28K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stering And Francine Clark Art InstituteOM CATALOG | Williamstown, MA | $375K | 2023 |
| KbfusFULBRIGHT 2024 | New York, NY | $125K | 2023 |
| Orchestra Of St Luke'SBOARD DISCRETIONARY GRANT FOR GENERAL OPERATING USE | New York, NY | $76K | 2023 |
| Hudson HallBOARD DISCRETIONARY GRANT FOR GENERAL OPERATING USE | Hudson, NY | $50K | 2023 |
| Olana PartnershipGENERAL OPERATING SUPPORT | Hudson, NY | $35K | 2023 |
| Currier Museum Of ArtGENERAL OPERATING SUPPORT | Manchester, NH | $15K | 2023 |
| University Of Massachusetts Amherst Foundation IncANNE MOCHON INTERNSHIP FUND | Amherst, MA | $10K | 2023 |
| Friends Of Duane ParkGENERAL OPERATING SUPPORT | New York, NY | $8K | 2023 |
| Church Street School For Music & ArtGENERAL OPERATING SUPPORT | New York, NY | $8K | 2023 |
| American Friends Of The MauritshuisGENERAL OPERATING SUPPORT | New York, NY | $3K | 2023 |
| Netherland-America FoundationFOR THE TEYLERS MUSEUM | New York, NY | $3K | 2023 |
| Balboa Art Conservation CenterFOR A PUBLIC ACCESS ROOM | San Diego, CA | $5K | 2022 |
| Bindlestiff Family Variety ArtsGENERAL OPERATING SUPPORT | New York, NY | $2K | 2022 |
| Clark Art InstituteGENERAL OPERATING SUPPORT | Williamstown, MA | $62K | 2021 |
| The Norwegian Emigrant Museum IncGENERAL OPERATING SUPPORT | Mason City, IA | $25K | 2021 |
| Hudson Valley Shakespeare FestivalGENERAL OPERATING SUPPORT | Garrison, NY | $5K | 2021 |