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GRAND FORKS, ND

Edson & Margaret Larson Foundation

Quick Facts

EIN
271507358
Location
GRAND FORKS, ND
Category
Philanthropy & Grantmaking
Total Assets
$50.6M
Annual Income
$12M
IRS Ruling Year
2011

About This Foundation

Edson & Margaret Larson Foundation is a private foundation based in GRAND FORKS, ND. The foundation received its IRS ruling in 2011. It holds total assets of $50.6M. Annual income is reported at $12M. The foundation operates in the area of philanthropy & grantmaking.

View 990 Filings

Financial Overview

Total Giving

$3M

2023-4%

Total Assets

$50.6M

2023-2%

Fair Market Value

$53.2M

2023

Net Worth

$50.6M

2023

Grants Paid

$2.6M

2023

Contributions

$0

2023

Net Investment Income

$1.6M

2023

Distribution Amount

$2.6M

2023

Total Giving by Year

$944K
19
$1.3M
20
$2.4M
21
$3.1M
22
$3M
23

Asset Growth

$24.9M
19
$43.9M
20
$49.9M
21
$51.8M
22
$50.6M
23

Investment Portfolio (2023)

Total: $35.9M

Corporate Stock: $18.6M
Corporate Bonds: $17.3M
Other Investments: $105K
Corporate Stock (52%)
Corporate Bonds (48%)
Other Investments (0%)

Expense Breakdown (2023)

Grants Paid$2.6M
Officer Compensation$45K
Legal Fees$8K
Accounting Fees$204

Revenue Sources (2023)

Dividends
$1.1M
Gross Rents
$578K
Capital Gains (Net)
$95K
Other Income
$2K

Financial Details (2023)

Total Revenue
$1.8M
Total Expenses
$3M
Exempt Purpose Expenses
$2.7M
Required Distribution
$2.6M
Undistributed Income
$2.4M
Total Liabilities
$1
Excise Tax
$22K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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