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Edson & Margaret Larson Foundation is a private corporation based in GRAND FORKS, ND. The foundation received its IRS ruling in 2011. The principal officer is % Wells Fargo Bank Nd Na. It holds total assets of $50.6M. Annual income is reported at $12M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Edson & Margaret Larson Foundation has made 25 grants totaling $5.2M, with a median grant of $200K. The foundation has distributed between $2.6M and $2.6M annually from 2022 to 2023. Individual grants have ranged from $40K to $450K, with an average award of $208K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in North Dakota and Minnesota. Contributions to this foundation are tax-deductible.
Edson & Margaret Larson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in ND, MN.
Edson & Margaret Larson Foundation has distributed a total of $5.2M across 25 grants. The median grant size is $200K, with an average of $208K. Individual grants have ranged from $40K to $450K.
Edson & Margaret Larson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Edson & Margaret Larson Foundation is headquartered in GRAND FORKS, ND. While based in ND, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie A Barner | Trustee | $15K | $0 | $15K |
| Douglas A Christensen | President | $15K | $0 | $15K |
| Andrew B Kjos | Secretary/Treasurer | $15K | $0 | $15K |
Total Giving
$3M
Total Assets
$50.6M
Fair Market Value
$53.2M
Net Worth
$50.6M
Grants Paid
$2.6M
Contributions
$0
Net Investment Income
$1.6M
Distribution Amount
$2.6M
Total: $35.9M
Total Grants
25
Total Giving
$5.2M
Average Grant
$208K
Median Grant
$200K
Unique Recipients
13
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayville State University FoundationScholarships and Leadership program. | Mayville, ND | $400K | 2023 |
| North Dakota State University College Of BusinessScholarships and Leadership program. | Fargo, ND | $375K | 2023 |
| University Of JamestownScholarships and Leadership program. | Jamestown, ND | $350K | 2023 |
| Concordia CollegeScholarships and Leadership program. | Moorhead, MN | $350K | 2023 |
| University Of North Dakota School Of LawScholarships and Leadership program. | Grand Forks, ND |
| $250K |
| 2023 |
| University Of North Dakota School Of MedicineScholarships and Leadership program. | Grand Forks, ND | $200K | 2023 |
| Dickinson State University Heritage FoundationScholarships and Leadership program. | Dickinson, ND | $160K | 2023 |
| University Of MaryScholarships and Leadership program. | Bismarck, ND | $150K | 2023 |
| University Of North Dakota School Of Engineering & MinesScholarships and Leadership program. | Grand Forks, ND | $150K | 2023 |
| University Of North Dakota College Of Business & Public AdministrationScholarships and Leadership program. | Grand Forks, ND | $100K | 2023 |
| North Dakota State College Of Science And Alumni FoundationScholarships and Leadership program. | Fargo, ND | $100K | 2023 |
| Valley City State University FoundationScholarships and Leadership program. | Valley City, ND | $40K | 2023 |
| Minot State University Development FoundationScholarships and Leadership program. | Minot, ND | $126K | 2022 |
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