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Clayton And Odessa Lang Ofstad Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2020. It holds total assets of $44M. Annual income is reported at $17.6M. Total assets have grown from $35.8M in 2020 to $45.5M in 2023. The foundation is governed by 2 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 2020 to 2023. According to available records, Clayton And Odessa Lang Ofstad Foundation has made 71 grants totaling $6.3M, with a median grant of $75K. Annual giving has grown from $880K in 2021 to $2.4M in 2023. Grantmaking activity was highest in 2022 with $3M distributed across 36 grants. Individual grants have ranged from $15K to $250K, with an average award of $88K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in South Dakota, Missouri, District of Columbia, which account for 68% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
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.
Clayton And Odessa Lang Ofstad Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in SD, MO, DC.
Clayton And Odessa Lang Ofstad Foundation has distributed a total of $6.3M across 71 grants. The median grant size is $75K, with an average of $88K. Individual grants have ranged from $15K to $250K.
Clayton And Odessa Lang Ofstad Foundation typically selects its grantees rather than accepting unsolicited proposals.
Clayton And Odessa Lang Ofstad Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $275K | $0 | $275K |
| Odessa Ofstad | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.8M
Total Assets
$45.5M
Fair Market Value
$52.9M
Net Worth
$45.5M
Grants Paid
$2.4M
Contributions
N/A
Net Investment Income
$743K
Distribution Amount
$2.5M
Total Grants
71
Total Giving
$6.3M
Average Grant
$88K
Median Grant
$75K
Unique Recipients
26
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Nature Conservancy MissouriUNRESTRICTED GENERAL | St Louis, MO | $250K | 2023 |
| Harvesters-The Community Food NetworkUNRESTRICTED GENERAL | Kansas City, MO | $200K | 2023 |
| Vermillion Public Schools FdnUNRESTRICTED GENERAL | Vermillion, SD | $200K | 2023 |
| Feeding AmericaUNRESTRICTED GENERAL | Chicago, IL | $150K | 2023 |
| World Central Kitchen IncUNRESTRICTED GENERAL | Washington, DC | $125K | 2023 |
| Share Our Strength No Kid HungryUNRESTRICTED GENERAL | Washington, DC | $125K | 2023 |
| Veterans Community ProjectUNRESTRICTED GENERAL | Kansas City, MO | $100K | 2023 |
| Save The Children Federation IncUNRESTRICTED GENERAL | Lexington, KY | $100K | 2023 |
| Metropolitan Opera Association IncUNRESTRICTED GENERAL | New York, NY | $100K | 2023 |
| Medecins Sans Frontiers UsaUNRESTRICTED GENERAL | New York, NY | $100K | 2023 |
| Friends Of S Dakota Public BroadcastingUNRESTRICTED GENERAL | Sioux Falls, SD | $100K | 2023 |
| Food Bank Central & Ne MissouriUNRESTRICTED GENERAL | Columbia, MO | $100K | 2023 |
| Feeding South DakotaUNRESTRICTED GENERAL | Sioux Falls, SD | $100K | 2023 |
| Iowa Pbs FoundationUNRESTRICTED GENERAL | Johnston, IA | $100K | 2023 |
| Sd Cmty Fdn Vermillion Area Cmty FdnUNRESTRICTED GENERAL | Pierre, SD | $97K | 2023 |
| Public Television 19 Kcpt IncUNRESTRICTED GENERAL | Kansas City, MO | $80K | 2023 |
| Partners In HealthUNRESTRICTED GENERAL | Boston, MA | $75K | 2023 |
| American Indian College FundUNRESTRICTED GENERAL | Denver, CO | $75K | 2023 |
| Boys & Girls Club Of RosebudUNRESTRICTED GENERAL | Mission, SD | $75K | 2023 |
| Roots Of PeaceUNRESTRICTED GENERAL | San Rafael, CA | $50K | 2023 |
| National Music MuseumUNRESTRICTED GENERAL | Vermillion, SD | $50K | 2023 |
| Missouri Prairie FoundationUNRESTRICTED GENERAL | Columbia, MO | $25K | 2023 |
| Share Our StrengthUNRESTRICTED GENERAL | Washington, DC | $100K | 2022 |
| Lower Brule Boys & Girls ClubUNRESTRICTED GENERAL | Lower Brule, SD | $60K | 2022 |