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Also known as: C/O PAMELA K PETERSEN-SOLTAU
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Iv Foundation is a private corporation based in EXCELSIOR, MN. The foundation received its IRS ruling in 1996. The principal officer is Karen Petersen. It holds total assets of $829K. Annual income is reported at $98K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. 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 6 states, including Minnesota, Florida, New York. According to available records, Iv Foundation has made 33 grants totaling $171K, with a median grant of $5K. The foundation has distributed between $45K and $80K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $80K distributed across 16 grants. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Minnesota, Florida, New York, which account for 73% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$6K
Based on 9 grants from the most recent 990-PF filing.
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.
Iv Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MN, FL, NY.
Iv Foundation has distributed a total of $171K across 33 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $10K.
Iv Foundation typically selects its grantees rather than accepting unsolicited proposals.
Iv Foundation is headquartered in EXCELSIOR, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Petersen | PRESIDENT | $0 | $0 | N/A |
| Pam Petersen-Soltau | BOARD MEMBER | $0 | $0 | N/A |
| Anna Herzog | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$766K
Fair Market Value
$983K
Net Worth
$764K
Grants Paid
$45K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$45K
Total: N/A
Total Grants
33
Total Giving
$171K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charlotte County Homeless CoalitionGENERAL SUPPORT FOR THE HOMELESS | Port Charlotte, FL | $8K | 2023 |
| Children'S Minnesota FoundationMEDICAL CARE | Edina, MN | $5K | 2023 |
| Habitat For HumanityGENERAL FUND SUPPORT | St Paul, MN | $5K | 2023 |
| Ica Food ShelfFOOD SHELF | Minnetonka, MN | $5K | 2023 |
| Soldiers Grove Public LibraryLIBRARY | Soldiers Grove, WI | $5K | 2023 |
| Doctors Without BordersMEDICAL CARE | New York, NY | $5K | 2023 |
| Global Giving - Hawaii Wildfire Relief FundHAWAII WILDFIRE RELIEF FUND | Washington, DC | $5K | 2023 |
| Care Victim Services CenterSERVICES AND AID TO SURVIVORS | Orlando, FL | $5K | 2023 |
| Clean Air Task ForceGENERAL FUND SUPPORT | Boston, MA | $2K | 2023 |
| American Red CrossWESTERN WILDFIRE RELIEF | Washington, DC | $5K | 2020 |