Also known as: c/o Nancy Nelson
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Charlson Meadows is a private corporation based in EXCELSIOR, MN. The foundation received its IRS ruling in 1996. The principal officer is Nancy Nelson. It holds total assets of $66.6M. Annual income is reported at $11.3M. Total assets have grown from $52.6M in 2011 to $66.6M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Victoria, Minnesota. According to available records, Charlson Meadows has made 1 grants totaling $515, with a median grant of $515. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Charlson Meadows occupies a highly unusual position in the philanthropic landscape: it is an operating foundation, not a grantmaking institution. Established through the estate of Lynn "Buck" Charlson (1909-2004) — a Minnesota inventor inducted into the state's Inventors Hall of Fame for creating the Char-Lynn Orbit Motor — the foundation holds $66.6M in assets and deploys them primarily through its own retreat programming rather than by awarding grants to third-party organizations.
The practical implication for grant seekers is fundamental: Charlson Meadows does not issue competitive monetary grants. IRS 990-PF filings show external grants paid of just $515 in 2023 (to Gildas Club Twin Cities), $100 in 2021, $2,015 in 2019, and $0 in 2020 and 2022. An outlier year in 2015 showed $179,458 paid — likely a one-time relationship-based distribution — but this has not recurred. In most years, external grant disbursements are effectively nil.
The genuine opportunity for qualifying nonprofits is facility access and co-programmed renewal experiences. Charlson Meadows accepts applications from nonprofits, governmental entities, and mission-aligned organizations to host retreats, workshops, and renewal events on its 142-acre campus in Victoria, Minnesota — featuring hardwood forests, wetlands, lakeshore, ADA-compliant facilities, and full residential kitchen accommodations. Historical participants have included organizations serving local government, military personnel, environmental causes, healthcare providers, and religious/spiritual communities.
The selection process is relationship-driven and mission-filtered. A committee reviews hosting applications for alignment with the foundation's vision of renewal and enrichment. Organizations must demonstrate that their work benefits individuals and society and that the nature-based, restorative environment of Victoria genuinely enhances their programming. The foundation was formally developed starting in 2016 under Board President Nancy Nelson, who was a longtime employee of Buck Charlson, and this personal stewardship ethos pervades the culture. First-time applicants are best served by initiating contact through Programs@cmeadows.org before submitting any formal request, treating the process more like a partnership negotiation than a grant competition.
Charlson Meadows' financial profile is that of a well-endowed operating foundation with minimal external grant activity. Assets have held steady in the $57.7M-$72.7M range across the decade from 2012-2024, with FY 2024 total assets at $66.6M and net assets of $60.4M after $6.3M in liabilities.
External grants paid by fiscal year (from 990-PF filings): - 2023: $515 (sole grantee: Gildas Club Twin Cities, Minneapolis, MN) - 2022: $0 - 2021: $100 - 2020: $0 - 2019: $2,015 - 2015: $179,458 (outlier year) - 2014: $7,590 - 2013: $10,500 - 2012: $7,000
The median external grant across reported years is approximately $2,015, with a range of $100 to $179,458. The 2015 figure is a clear statistical outlier and has not recurred. In recent years (2019-2023), the pattern is of nominal disbursements — often under $2,100 — to a single, relationship-based grantee.
The foundation's reported "total giving" figures ($2.45M in 2023, $3.7M in 2022, $2.0M in 2019-2021) are misleading if interpreted as grants to outside organizations. These figures represent the foundation's own operating charitable disbursements — primarily staff compensation ($235,000 in officer pay in 2023), programming costs, and facilities management. Program expenses alone reached $1.32M in the most recent filing.
Revenue is generated almost entirely through investment returns: FY 2024 saw $1.47M in dividends (53.5% of revenue), $1.18M in asset sales (43.2%), and $72K in interest. Contributions from outside donors are negligible — $130 in 2023, $0 in most prior years. This closed-loop funding model means the organization is accountable to no external funders and operates entirely at leadership's discretion.
Geographically, all known grantmaking and programming is Minnesota-exclusive, centered on the Victoria campus. There is no evidence of multi-state or national grantmaking.
Charlson Meadows sits in a cohort of private foundations with assets in the $63-68M range, all classified under the Education NTEE category. However, its operating model diverges sharply from peers, most of which function as traditional grantmakers.
| Foundation | State | Assets | Annual Giving (External) | Primary Focus | Application |
|---|---|---|---|---|---|
| Charlson Meadows | MN | $66.6M | ~$515 (2023); $0 most years | Adult renewal & retreat center (operating) | Facility use; preselected/invited |
| PWH Educational Foundation | WA | $66.5M | Not publicly disclosed | Education | Not publicly available |
| Tamara Van Den Bergh Ferguson Foundation | MI | $67.4M | Not publicly disclosed | Education | Not publicly available |
| Soros Fund Charitable Foundation | NY | $68.2M | Not publicly disclosed | Education | Not publicly available |
| Bert L & Natalie K Vallee Foundation | MA | $64.8M | Not publicly disclosed | Education | Not publicly available |
| Bailey Family Foundation | FL | $63.8M | Not publicly disclosed | Education | Not publicly available |
The contrast is stark: Charlson Meadows holds $66.6M in assets yet distributes fewer than $1,000 in external grants in most recent years, channeling the vast majority of its investment income into its own on-site programming. Peer foundations at comparable asset levels typically award hundreds of thousands to millions of dollars annually in third-party grants.
For grant seekers, this distinction is mission-critical: Charlson Meadows should not be approached as a monetary funder. It is a unique in-kind resource — a well-capitalized operating foundation offering subsidized programming space — that belongs in a portfolio of facility partnerships, not a list of grant prospects.
The most significant organizational development in 2026 is the March 5 announcement of Sally Strebel joining the board of directors. Strebel is a tech entrepreneur whose company was sold in November 2021; her background includes strategic leadership roles with Fortune 500 organizations in high-stakes environments. Her appointment broadens the board's expertise beyond the nonprofit and program-focused profiles of existing members (Nancy Nelson, Mary Hershberger Thun, Barb Hone, Jim Jordan, Kim Boelter, Alex Hoese, Nicole Rasmussen, Trevor Luedke, Sharon Franquemont, Holly Kreft, Renee Levesque).
Also in March 2026, a burst sprinkler pipe at 3:45 a.m. caused water damage to the Gathering Room, Living Room, and lower-level areas of the main facility. Remediation is underway as of April 2026, and organizations seeking to book space should confirm current facility availability directly.
In November 2025, a Wind Phone was installed at the Willow Cabin along the Life Journey Trail — a contemplative installation modeled on one in Ōtsuchi, Japan, allowing visitors to have imagined conversations with lost loved ones. This represents continued investment in creative, grief-informed programming assets.
The foundation's most recent IRS 990-PF was filed in November 2025 for FY 2024. Executive Director Holly Kreft's compensation was $150,000 ($154,800 base plus $49,600 in benefits per ProPublica FY2024 data), and President Nancy Nelson received $50,000. No leadership transitions were announced. Web search returned no evidence of new grant programs, RFPs, or funding announcements in 2025 or 2026.
Charlson Meadows does not operate a competitive grant program, so the conventional advice about LOIs and proposal formats does not apply here. The correct frame is facility and programming partnership. Here is what sophisticated applicants need to know:
Lead with beneficiary identity, not organizational credentials. The committee evaluates whether your participants are the kinds of people Charlson Meadows was built to serve: government workers, military personnel, environmental advocates, healthcare providers, religious/spiritual community members, and educators. Open your outreach by naming your participants and their work, not your organization's budget or board.
Engage the program team before submitting any application. Email Programs@cmeadows.org or Nicole Rasmussen directly to have a conversation about your programming vision. Organizations proposing hybrid events — combining Charlson Meadows' own curriculum (Day for the Heart, Day of Writing, Day of Silence, Life Journey experiences) with their own content — are far more likely to receive approval than those seeking bare venue rental.
Time your request strategically. The 2026 calendar shows that May and June programs (including the Silence Retreat, Day of Silence, and Writers Weekend) are already full or waitlisted as of April 2026. Target September through November for first-time organizational bookings. Allow 4-6 months lead time for summer or fall dates.
Understand the pricing context. Day programs are $30/person; weekend retreats are $150/person. These rates are already well below market for comparable Minnesota retreat facilities. If your organization needs additional fee accommodation, approach Executive Director Holly Kreft directly at info@cmeadows.org — but do so only after establishing mission alignment, not as an opening ask.
Avoid corporate and private framing. The foundation explicitly declines weddings, corporate events, and reunions. Any language that positions your event as a perk, celebration, or team-building exercise will trigger rejection. Frame everything around your mission, your beneficiaries, and the restorative outcomes your participants need.
Note the March 2026 water damage. The Gathering Room and Living Room sustained damage; confirm current hosting capacity and any space limitations before finalizing event plans.
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Charlson Meadows is an adult renewal center located in Victoria, Minnesota on approximately 140 acres of pristine hardwood forests, grasslands, wetlands, and lakeshore. Charlson Meadows offers many programs, including retreats, workshops, and courses. The programs offered at Charlson Meadows vary in scope, but all use the tranquil, nature-based setting of the property to enhance programming. These programs are offered to governmental entities, charitable organizations, and other non-governmental organizations that are dedicated to improving life for individuals and society. Past participants have worked in the areas of local government service, military service, the environment, healthcare, religion and spirituality. To learn more about Charlson Meadows, please visit the Foundation's website at http://www.charlsonmeadows.org.
Expenses: $1.3M
Charlson Meadows' financial profile is that of a well-endowed operating foundation with minimal external grant activity. Assets have held steady in the $57.7M-$72.7M range across the decade from 2012-2024, with FY 2024 total assets at $66.6M and net assets of $60.4M after $6.3M in liabilities. External grants paid by fiscal year (from 990-PF filings): - 2023: $515 (sole grantee: Gildas Club Twin Cities, Minneapolis, MN) - 2022: $0 - 2021: $100 - 2020: $0 - 2019: $2,015 - 2015: $179,458 (outlier .
Charlson Meadows has distributed a total of $515 across 1 grants. The median grant size is $515, with an average of $515. Individual grants have ranged from $515 to $515.
Charlson Meadows occupies a highly unusual position in the philanthropic landscape: it is an operating foundation, not a grantmaking institution. Established through the estate of Lynn "Buck" Charlson (1909-2004) — a Minnesota inventor inducted into the state's Inventors Hall of Fame for creating the Char-Lynn Orbit Motor — the foundation holds $66.6M in assets and deploys them primarily through its own retreat programming rather than by awarding grants to third-party organizations. The practica.
Charlson Meadows is headquartered in EXCELSIOR, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Holly Kreft | EXECUTIVE DIRECTOR | $150K | $48K | $198K |
| Nancy S Nelson | PRESIDENT | $75K | $31K | $106K |
| Barbara Hone | DIRECTOR | $5K | $0 | $5K |
| Mary Hershberger Thune | VICE PRESIDENT | $5K | $0 | $5K |
| Angela Alvig | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$66.6M
Fair Market Value
N/A
Net Worth
$60.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$515
Average Grant
$515
Median Grant
$515
Unique Recipients
1
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gildas Club Twin CitiesUNRESTRICTED CHARITABLE GRANT | Minnetonka, MN | $515 | 2023 |