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Axiom Foundation is a private trust based in TURTON, SD. The foundation received its IRS ruling in 2021. The principal officer is Scott Anderson. It holds total assets of $4.3M. Annual income is reported at $1.4M. Total assets have grown from $106K in 2021 to $3.1M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2021 to 2023. According to available records, Axiom Foundation has made 2 grants totaling $10K, with a median grant of $5K. Grant recipients are concentrated in South Dakota. Contributions to this foundation are tax-deductible.
Axiom Foundation is an ultra-small, closed, trustee-directed private trust — not a professionally staffed grantmaking institution. It was IRS-recognized in July 2021, is based in Turton, South Dakota (population under 100), and is run by a single named trustee, Scott Anderson, who takes no compensation. Its entire known grant history in our data is two gifts totaling $10,000 to one recipient — the James Valley Threshing Association, a South Dakota antique-farm-machinery and agricultural-heritage club — both coded simply as "GIFT" rather than tied to any program or project. The foundation's own IRS filing records its application_instructions field as blank ("__none__"), and no grants page, LOI process, or online portal exists anywhere. For grantseekers, the realistic read is that this is a personal or family checkbook vehicle, not an open funding program: 100% of documented giving has gone to a single hyper-local, relationally-connected grantee. Cold LOIs or proposals have essentially no realistic path to a response. The only credible way in is a genuine, pre-existing connection — geographic (Faulk County / the James River Valley region of South Dakota), relational (a personal tie to Scott Anderson), or thematic (rural heritage, antique agricultural machinery, or community-identity organizations resembling the one known grantee). Note also that the website listed in public records for this foundation, axiom.org, actually belongs to an unrelated technology nonprofit that launched in July 2026 to publish tax and benefits law as machine-readable code — it is not this foundation's site and contains no legitimate program information for this filer. First-time applicants should not invest time drafting a formal proposal; instead, they should determine whether their organization or leadership has any authentic proximity to the Anderson family or to the threshing-association network, and treat this funder as a long-shot, relationship-only prospect rather than a competitive grant program. Given the asset growth trajectory (from roughly $106,000 in 2021 to an estimated $4.3M by 2024), it is worth periodically re-checking the foundation's 990-PF for signs its grantee base is widening, but nothing in the public record today supports building outreach around a written application.
The grantee-level data available shows exactly two grants, both to the James Valley Threshing Association in South Dakota, for $5,000 each ($10,000 total, average grant size $5,000) — 100% of documented giving, 100% concentrated in one state and one recipient. IRS financial filings show a foundation still in its early ramp-up: total assets were $105,908 in FY2021, jumping to $1,893,201 in FY2022 and $3,063,266 in FY2023 (Instrumentl's independent pull of the most recent filing puts FY2024 assets at roughly $4.3M) — growth driven almost entirely by new contributions ($130,908 in FY2021, $1,792,293 in FY2022, $1,262,000 in FY2023), not investment income (net investment income is recorded at $0 across all three years). Total qualifying giving, by contrast, has stayed small and uneven: $25,000 in FY2021 (with $0 in grants actually paid out that year, suggesting a set-aside or accrual), $5,000 in FY2022, and $91,935 in FY2023 (of which $37,392 was grants paid, with the balance likely covering administrative or other qualifying distributions). Instrumentl separately reports FY2024 giving of $35,000 across 2 grants. Payout as a share of assets has been low relative to the 5% minimum-distribution standard private foundations are generally expected to meet — roughly 0% (2021), 0.3% (2022), and 3% (2023) — typical for a newly-funded trust still building its asset base before distributions catch up. There is no program-area breakdown to analyze: the sole documented grant purpose code is "GIFT," a general, unrestricted designation rather than a project or category grant, and no geographic footprint exists outside South Dakota. There is no evidence in either the grant data or web research connecting this foundation's actual giving to its filed IRS mission statement ("increase freedom on the internet") — the two are entirely disconnected in practice, and grantseekers should not assume an internet-policy or digital-rights focus based on that boilerplate mission text.
No named peer foundations were returned in the underlying data bundle, and web research did not surface directly comparable, publicly profiled South Dakota family trusts of similar size. The table below benchmarks Axiom Foundation against typical categories of small private foundations rather than specific named funders, to give applicants a realistic sense of scale and posture.
| Foundation / Category | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Axiom Foundation (actual) | ~$3.1M-$4.3M (FY2023-24) | $35K-$92K/yr | Undefined in practice; sole known grantee is a SD agricultural-heritage club | Closed — no application process exists |
| Typical new single-family trust ($1M-$5M assets) | $1M-$5M | 3-5% of assets/yr once mature | Founder/family-directed, often local | Usually closed or invitation-only |
| Typical small community-based family foundation | $2M-$10M | $50K-$300K/yr | Local civic, religious, or heritage causes | Sometimes accepts LOIs, rarely open RFPs |
| National median small 990-PF filer (<$5M assets) | ~$1M-$5M | ~$50K-$200K/yr | Varies widely, often trustee's personal interests | Majority do not accept unsolicited requests |
Axiom Foundation sits at the small end of even this small-foundation universe in terms of formalized process — most peer trusts of comparable size at least have some invitation or referral mechanism, whereas Axiom Foundation's IRS filing explicitly records no application instructions at all. Its asset base is also unusually front-loaded relative to its giving: peer foundations that have held assets in the $3M-$4M range for several years typically distribute closer to $150,000-$200,000 annually to meet minimum-distribution expectations, well above Axiom's current $35,000-$92,000 range, suggesting Axiom is either still ramping up its payout or intends to remain a low-volume, single-relationship giver.
No news coverage, press releases, or public announcements exist for this specific foundation (EIN 86-6502523) under any search performed. The only recent, dated activity discoverable in the public record is a routine IRS filing history: the foundation received its 501(c)(3)/private-foundation ruling in July 2021, then saw its asset base grow sharply from $105,908 (FY2021) to $1.89M (FY2022) to $3.06M (FY2023) and an estimated $4.3M (FY2024, per third-party 990-PF aggregation), driven by new contributions rather than investment gains. There have been no leadership changes reported — Scott Anderson has been the sole listed trustee across all available records, and takes no compensation. A notable pitfall for researchers: an unrelated organization also using the name "Axiom Foundation" and the domain axiom.org launched publicly on July 28, 2026, to publish tax and benefits law as open, machine-readable code. That launch generated real press and blog coverage, but it belongs to a different entity entirely and has no connection to the Turton, South Dakota filer profiled here — the domain match in this foundation's enriched web record appears to be a data-matching error, not evidence of program activity. In the absence of any confirmed recent grantmaking news, the most useful signal for grantseekers is structural: a foundation this young and this fast-growing in assets, with giving still concentrated in a single relationship, is one to monitor via annual 990-PF filings rather than one to expect proactive announcements from.
There is effectively no formal application channel to optimize for here, so tips center on realistic qualification rather than proposal craft. First, do not submit a cold LOI or proposal — the foundation's own IRS filing records its application instructions as blank, there is no grants page, no portal, and no published deadline or review cycle. Second, recognize the concentration signal: both known grants went to the same organization, the James Valley Threshing Association, an agricultural-heritage and antique-machinery club in South Dakota, for identical $5,000 "GIFT" amounts — this reads as a personal or family-connected relationship rather than a competitive grant, and organizations without a comparable tie (geographic proximity to Turton/Faulk County, SD, a shared community or family network, or a similar rural-heritage mission) should not expect a response to outreach. Third, if a genuine connection does exist, the better approach is a short, personal letter of introduction from someone the trustee would recognize, rather than a formal grant proposal packet — nothing in the funder's structure suggests it evaluates proposals on narrative or budget merit. Fourth, do not contact hello@axiom.org or reference the "computable law" nonprofit's mission or programs when reaching out — that is a different, unrelated organization, and conflating the two would immediately signal a lack of due diligence. Fifth, monitor the foundation's future IRS Form 990-PF filings (via ProPublica Nonprofit Explorer, Instrumentl, or Grantmakers.io) for any sign that its grantee base widens beyond one recipient or that its payout rises toward the 5%-of-assets range more typical of a $3M-$4M private foundation — at its current asset trajectory, a meaningfully larger giving budget in future years is plausible even though no such expansion has been announced. Finally, budget essentially zero probability of success for any organization outside the trustee's existing personal or community network; time is better spent on funders with published guidelines and a demonstrated pattern of funding outside organizations.
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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.
The grantee-level data available shows exactly two grants, both to the James Valley Threshing Association in South Dakota, for $5,000 each ($10,000 total, average grant size $5,000) — 100% of documented giving, 100% concentrated in one state and one recipient. IRS financial filings show a foundation still in its early ramp-up: total assets were $105,908 in FY2021, jumping to $1,893,201 in FY2022 and $3,063,266 in FY2023 (Instrumentl's independent pull of the most recent filing puts FY2024 assets.
Axiom Foundation has distributed a total of $10K across 2 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
Axiom Foundation is an ultra-small, closed, trustee-directed private trust — not a professionally staffed grantmaking institution. It was IRS-recognized in July 2021, is based in Turton, South Dakota (population under 100), and is run by a single named trustee, Scott Anderson, who takes no compensation. Its entire known grant history in our data is two gifts totaling $10,000 to one recipient — the James Valley Threshing Association, a South Dakota antique-farm-machinery and agricultural-heritage.
Axiom Foundation is headquartered in TURTON, SD.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Anderson | TTEE | $0 | $0 | N/A |
Total Giving
$92K
Total Assets
$3.1M
Fair Market Value
$3.1M
Net Worth
$3M
Grants Paid
$37K
Contributions
$1.3M
Net Investment Income
N/A
Distribution Amount
$89K
Total: N/A
Total Grants
2
Total Giving
$10K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
1
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| James Valley Threshing AssociationGIFT | Andover, SD | $5K | 2022 |