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Gustafson Family Foundation is a private corporation based in BURNSVILLE, MN. The foundation received its IRS ruling in 2003. The principal officer is Daniel H Gustafson. It holds total assets of $1.2M. Annual income is reported at $1.1M. Total assets have grown from $41K in 2011 to $1.2M in 2024. The foundation is governed by 3 officers and trustees. The making of grants to various charitable, religious, educational, scientific, and literary organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Minnesota and Tennessee. According to available records, Gustafson Family Foundation has made 13 grants totaling $30K, with a median grant of $2K. Annual giving has grown from $14K in 2021 to $17K in 2022. Individual grants have ranged from $500 to $7K, with an average award of $2K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Minnesota and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$3K
Largest Grant
$7K
Based on 5 grants from the most recent 990-PF filing.
The making of grants to various charitable, religious, educational, scientific, and literary organizations
Expenses: $2K
The making of grants to various charitable, religious, educational, scientific, and literary organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in MN, TN.
Gustafson Family Foundation has distributed a total of $30K across 13 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $7K.
Gustafson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gustafson Family Foundation is headquartered in BURNSVILLE, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dannie H Gustafson | PRESIDENT | $0 | $0 | N/A |
| Kristen V Khanna | TREASURER | $0 | $0 | N/A |
| Jeffrey D Gustafson | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.2M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$30K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
7
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eagan Community FoundationCOMMUNITY INITIATIVES | Eagan, MN | $2K | 2022 |
| Second Harvest HeartlandFOOD SHELF | Brooklyn Park, MN | $2K | 2022 |
| Northpoint Health & WellnessHEALTH CARE | Minneapolis, MN | $2K | 2022 |
| The Open Door PantryFOOD SHELF | Eagan, MN | $2K | 2022 |
| Secon Harvest HeartlandFOOD SHELF | Brooklyn Park, MN | $7K | 2021 |
| St Judes Childrens HospitalCANCER PATIENTS | Memphis, TN | $500 | 2021 |
| Twin Cities Habitat For HumanityHOUSING | St Paul, MN | $500 | 2021 |