//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
G E And Virginia R Satrom Family Foundation is a private corporation based in GRAND FORKS, ND. The foundation received its IRS ruling in 1998. The principal officer is Gale E Satrom. It holds total assets of $149K. Annual income is reported at $96K. Total assets have grown from $104K in 2011 to $145K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, G E And Virginia R Satrom Family Foundation has made 6 grants totaling $24K, with a median grant of $4K. Annual giving has decreased from $17K in 2022 to $7K in 2023. Individual grants have ranged from $3K to $4K, with an average award of $4K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in North Dakota. 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.
G E And Virginia R Satrom Family Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in ND.
G E And Virginia R Satrom Family Foundation has distributed a total of $24K across 6 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $3K to $4K.
G E And Virginia R Satrom Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
G E And Virginia R Satrom Family Foundation is headquartered in GRAND FORKS, ND.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John C Satrom | ACTING PRESIDENT/VICE PRES | $0 | $0 | N/A |
| Barbara G Nunn | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$145K
Fair Market Value
$156K
Net Worth
$145K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$329
Distribution Amount
$8K
Total: $145K
Total Grants
6
Total Giving
$24K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
3
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mountain Brooke Recovery CenterUNRESTRICTED | Grand Forks, ND | $3K | 2023 |
| Northlands Rescue MissionUNRESTRICTED | Grand Forks, ND | $3K | 2023 |
| Mountain BrookeUNRESTRICTED | Grand Forks, ND | $4K | 2022 |