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Also known as: FOUNDATION
The foundation provides resources to nonprofit organizations that build thriving communities and improve the quality of life. The board welcomes requests for general operations, programs, or projects that address community health and stability, with an emphasis on helping the underserved and under-resourced.
Fred C And Katherine B Andersen Foundation is a private corporation based in BAYPORT, MN. The foundation received its IRS ruling in 1961. It holds total assets of $1.7B. Annual income is reported at $111.3M. According to available records, Fred C And Katherine B Andersen Foundation has made 980 grants totaling $202.7M, with a median grant of $37K. Annual giving has grown from $40.2M in 2020 to $52.4M in 2023. Grantmaking activity was highest in 2022 with $110M distributed across 426 grants. Individual grants have ranged from $1K to $22M, with an average award of $207K. The foundation has supported 525 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, Illinois, which account for 89% of all grants. Grantmaking reaches organizations across 30 states. Contributions to this foundation are tax-deductible.
Fred C And Katherine B Andersen Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 980 grants. Its grantmaking reaches organizations primarily in MN, WI, IL.
Fred C And Katherine B Andersen Foundation has distributed a total of $202.7M across 980 grants. The median grant size is $37K, with an average of $207K. Individual grants have ranged from $1K to $22M.
The application deadline is MARCH 30, JUNE 30, AND OCTOBER 30. ORGANIZATIONS SEEKING FUNDING MUST BE 501(C)(3) PUBLIC NONPROFIT ORGANIZATIONS. ENDOWMENT FUNDING DOES NOT FALL WITHIN THE GUIDELINES OF THE FOUNDATION. THE FOUNDATION ALSO DOES NOT PROVIDE FUNDING TO INDIVIDUALS, POLITICAL CAMPAIGNS, SPONSORSHIPS, OR LOBBYING ACTIVITIES.
Fred C And Katherine B Andersen Foundation is headquartered in BAYPORT, MN. While based in MN, the foundation distributes grants to organizations across 30 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Gillstrom | VP/SECRETARY | $86K | $0 | $86K |
| Vern J Hill | DIRECTOR | $0 | $0 | $0 |
| Gregory L Benson | VP/TREASURER (TERM 5/2022) | $0 | $0 | $0 |
| John D Piepel | DIRECTOR | $0 | $0 | $0 |
| David M Erspamer | DIRECTOR | $0 | $0 | $0 |
Total Giving
$54.3M
Total Assets
$1.5B
Fair Market Value
$1.5B
Net Worth
$1.5B
Grants Paid
$52.5M
Contributions
$0
Net Investment Income
$53.6M
Distribution Amount
$61.3M
Total: $1.3B
Total Grants
980
Total Giving
$202.7M
Average Grant
$207K
Median Grant
$37K
Unique Recipients
525
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| BridgingGeneral Operating | Bloomington, MN | $280K | 2023 |
| Twin Cities Habitat For HumanityGeneral Operating | St Paul, MN | $6M | 2023 |
| Mayo ClinicCapital support | Rochester, MN | $6M | 2023 |
| Commonbond CommunitiesCapital Campaign | St Paul, MN | $2.5M | 2023 |
| Arts PartnershipCapital Campaign | Saint Paul, MN | $2M |
| Peter Clements |
| PRESIDENT |
| $0 |
| $0 |
| $0 |
| Tracy Galowitz | DIRECTOR | $0 | $0 | $0 |
| Keith Olson | VP/TREASURER | $0 | $0 | $0 |
| 2023 |
| St Croix Valley Food BankCapital Campaign | Hudson, WI | $2M | 2023 |
| Lutheran Social Service Of MinnesotaCapital Campaign | St Paul, MN | $2M | 2023 |
| Westfields Hospital FoundationCapital Campaign | New Richmond, WI | $1.6M | 2023 |
| Regions Hospital FoundationCapital Campaign | St Paul, MN | $1.6M | 2023 |
| Operation HelpCapital Campaign | Hudson, WI | $1M | 2023 |
| Hazelden Betty Ford FoundationCapital Campaign | St Paul, MN | $1M | 2023 |
| Osceola Medical CenterProgram or Project | Osceola, WI | $550K | 2023 |
| Northern Star Council Boy Scouts Of AmericaGeneral Operating | Fort Snelling, MN | $550K | 2023 |
| Episcopal Homes Of MnCapital Campaign | Saint Paul, MN | $500K | 2023 |
| Children'S Health Care FoundationProgram or Project | Edina, MN | $500K | 2023 |
| Baldwin Area Medical Center Dba Western Wisconsin HealthCapital Campaign | Baldwin, WI | $500K | 2023 |
| Northwood Technical College FoundationCapital Campaign | Rice Lake, WI | $500K | 2023 |
| Avenues For YouthCapital Campaign | Minneapolis, MN | $500K | 2023 |
| Saint Paul Urban TennisCapital Campaign | Saint Paul, MN | $500K | 2023 |
| Amery Regional Medical CenterCapital Campaign | Amery, WI | $496K | 2023 |
| Gillette Children'S Hospital FoundationGeneral Operating | St Paul, MN | $450K | 2023 |
| American Red CrossProgram or Project | Minneapolis, MN | $400K | 2023 |
| Housing ForwardGeneral Operating | Dallas, TX | $400K | 2023 |
| Chicanos Por La Causa IncGeneral Operating | Phoenix, AZ | $350K | 2023 |
| Sharing And Caring HandsProgram or Project | Minneapolis, MN | $350K | 2023 |
| Turningpoint For Victims Of Domestic And Sexual ViolenceCapital Campaign | River Falls, WI | $350K | 2023 |
| Hudson Hospital FoundationProgram or Project | Hudson, WI | $325K | 2023 |
| Lakeview Health FoundationProgram or Project | Stillwater, MN | $320K | 2023 |
| Allina Health FoundationProgram or Project | Minneapolis, MN | $300K | 2023 |
| Ordway Center For The Performing ArtsProgram or Project | Saint Paul, MN | $300K | 2023 |
| Saint Paul & Minnesota FoundationProgram or Project | Saint Paul, MN | $250K | 2023 |
| Belwin ConservancyCapital Campaign | Afton, MN | $250K | 2023 |
| Minnesota Diversified Industries IncProgram or Project | Minneapolis, MN | $250K | 2023 |
| True FriendsCapital Campaign | Annandale, MN | $250K | 2023 |
| Union Gospel Mission Twin CitiesCapital Campaign | St Paul, MN | $250K | 2023 |
| Comunidades Latinas Unidas En Servicio (Clues)Program or Project | St Paul, MN | $250K | 2023 |
| Gundersen Lutheran Medical Foundation IncGeneral Operating | La Crosse, WI | $250K | 2023 |
| Big Brothers Big Sisters Of The Greater Twin CitiesGeneral Operating | Minneapolis, MN | $200K | 2023 |
| New Heights SchoolCapital Campaign | Stillwater, MN | $200K | 2023 |
| St Croix Valley Habitat For HumanityProgram or Project | Hudson, WI | $200K | 2023 |
| Pta Mn Congress - Rutherford PtaCapital Campaign | Stillwater, MN | $200K | 2023 |
| Habitat For Humanity Central ArizonaGeneral Operating | Phoenix, AZ | $200K | 2023 |
| Opening DoorsGeneral Operating | Dubuque, IA | $200K | 2023 |
| CitysquareGeneral Operating | Dallas, TX | $200K | 2023 |
| Amherst H Wilder FoundationProgram or Project | Saint Paul, MN | $200K | 2023 |
| St Croix Family Resource Center Dba The Connect CenterGeneral Operating | Bayport, MN | $175K | 2023 |
| Girl Scouts Of Minnesota And Wisconsin River ValleysGeneral Operating | Saint Paul, MN | $150K | 2023 |
| Disabled Veterans Rest Camp (Dvrc)Capital Campaign | Marine On Saint Croix, MN | $150K | 2023 |
| Family Resource Center St Croix ValleyCapital Campaign | Baldwin, WI | $150K | 2023 |
| Family GatewayGeneral Operating | Dallas, TX | $150K | 2023 |
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