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Also known as: C/O OLE ANDREAS HALVORSEN TRUSTEE
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Halvorsen Family Foundation is a private trust based in STAMFORD, CT. The foundation received its IRS ruling in 2002. The principal officer is Ole Andreas Halvorsen. It holds total assets of $322M. Annual income is reported at $21.5M. Total assets have grown from $16.2M in 2010 to $265.6M in 2023. The foundation is governed by 2 officers and trustees. The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under irc section 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Connecticut, Vermont, New York. According to available records, Halvorsen Family Foundation has made 63 grants totaling $33.7M, with a median grant of $25K. Annual giving has grown from $7.1M in 2020 to $26.6M in 2022. Individual grants have ranged from $2K to $9.3M, with an average award of $535K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Pennsylvania, Massachusetts, New York, which account for 35% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$25K
Average Grant
$475K
Largest Grant
$9.3M
Based on 28 grants from the most recent 990-PF filing.
The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under irc section 501(c)(3).
The foundation is not involved in any charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under irc section 501(c)(3). Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in PA, MA, NY.
Halvorsen Family Foundation has distributed a total of $33.7M across 63 grants. The median grant size is $25K, with an average of $535K. Individual grants have ranged from $2K to $9.3M.
Halvorsen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Halvorsen Family Foundation is headquartered in STAMFORD, CT. While based in CT, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ole Andreas Halvorsen | TRUSTEE | $0 | $0 | N/A |
| Diane K Halvorsen | TRUSTEE | $0 | $0 | N/A |
Total Giving
$14.6M
Total Assets
$265.6M
Fair Market Value
N/A
Net Worth
$265.2M
Grants Paid
N/A
Contributions
$2.1M
Net Investment Income
$13.4M
Distribution Amount
$11.6M
Total Grants
63
Total Giving
$33.7M
Average Grant
$535K
Median Grant
$25K
Unique Recipients
33
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jp Morgan Charitable FundGENERAL SUPPORT | Jenkintown, PA | $9.3M | 2022 |
| The Hospital For Special Surgery Fund IncMEDICAL SUPPORT | New York, NY | $2M | 2022 |
| The Rockefeller UniversityEDUCATIONAL SUPPORT | New York, NY | $600K | 2022 |
| Sterling And Francine Clark Art InstituteARTISTIC INITIATIVES | Williamstown, MA | $479K | 2022 |
| Williams CollegeEDUCATIONAL SUPPORT | Williamstown, MA | $200K | 2022 |
| Teachers College Columbia UniversityEDUCATIONAL SUPPORT | New York, NY | $100K | 2022 |
| National Nordic FoundationATHLETIC OPPORTUNITIES | Saint Paul, MN | $100K | 2022 |
| Wildlife Conservation SocietyWILDLIFE CONSERVATION | Bronx, NY | $100K | 2022 |
| Green Mountain Valley School IncEDUCATIONAL SUPPORT | Waitsfield, VT | $55K | 2022 |
| Friends Of Fondation De France IncGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Connecticut Audubon SocietyENVIRONMENTAL INITIATIVES | Fairfield, CT | $50K | 2022 |
| NensaATHLETIC OPPORTUNITIES | New Gloucester, ME | $31K | 2022 |
| NoramGENERAL SUPPORT | Oslo | $28K | 2022 |
| Darien Community AssociationCOMMUNITY INITIATIVES | Darien, CT | $25K | 2022 |
| Darien Ems Post 53 IncMEDICAL SUPPORT | Darien, CT | $25K | 2022 |
| Greens Ledge Light PreservationPRESERVATION SUPPORT | Rowayton, CT | $25K | 2022 |
| The Maritime Aquarium At Norwalk IncEDUCATIONAL SUPPORT | South Norwalk, CT | $15K | 2022 |
| Darien Police Association IncGENERAL SUPPORT | Darien, CT | $15K | 2022 |
| Massachusetts Museum Of Contemporary Art Foundation IncARTISTIC INITIATIVES | North Adams, MA | $15K | 2022 |
| Stowe Volunteer Firefighters IncGENERAL SUPPORT | Stowe, VT | $15K | 2022 |
| Darien Library IncLIBRARY SUPPORT | Darien, CT | $10K | 2022 |
| Westport River Watershed AllianceENVIRONMENTAL INITIATIVES | Westport, MA | $10K | 2022 |
| Stowe Rescue Squad IncMEDICAL SUPPORT | Stowe, VT | $10K | 2022 |
| Move Against CancerMEDICAL SUPPORT | Loughborough | $8K | 2022 |
| Darien Nature Center IncENVIRONMENTAL INITIATIVES | Darien, CT | $5K | 2022 |