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Jerstad Family Foundation is a private corporation based in SIOUX FALLS, SD. The foundation received its IRS ruling in 1997. The principal officer is % Sandy Jerstad. It holds total assets of $4.4M. Annual income is reported at $432K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jerstad Family Foundation has made 76 grants totaling $770K, with a median grant of $10K. Annual giving has grown from $181K in 2020 to $416K in 2022. Individual grants have ranged from $500 to $26K, with an average award of $10K. The foundation has supported 34 unique organizations. Grants have been distributed to organizations in Minnesota and South Dakota and Florida. Contributions to this foundation are tax-deductible.
Jerstad Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 76 grants. Its grantmaking reaches organizations primarily in MN, SD, FL.
Jerstad Family Foundation has distributed a total of $770K across 76 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $500 to $26K.
Jerstad Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (911757487) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Jerstad Family Foundation is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandra I Jerstad | Director | $0 | $0 | $0 |
| Rachel Jerstad | Director | $0 | $0 | $0 |
| Michael Jerstad | Director | $0 | $0 | $0 |
| Sarah Jerstad | Director | $0 | $0 | $0 |
| Kelly Jerstad | Director | $0 | $0 | $0 |
Total Giving
$242K
Total Assets
$4M
Fair Market Value
$4M
Net Worth
$4M
Grants Paid
$199K
Contributions
$2K
Net Investment Income
$94K
Distribution Amount
$189K
Total: $0
Total Grants
76
Total Giving
$770K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
34
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northside Boxing ClubGeneral Support | Minneapolis, MN | $5K | 2022 |
| St Mark'S Lutheran ChurchGeneral Support | Siox Falls, SD | $26K | 2022 |
| Mission Animal HospitalGeneral Support | Eden Prairie, MN | $20K | 2022 |
| Augustana UniversityGeneral Support | Sioux Falls, SD | $20K | 2022 |
| College PossibleGeneral Support | St Paul, MN | $20K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Opportunity NeighborhoodGeneral Support | New Brighton, MN | $15K | 2022 |
| South Dakota Symphony OrchestraGeneral Support | Sioux Falls, SD | $15K | 2022 |
| JdrfGeneral Support | Bloomington, MN | $15K | 2022 |
| Walk-In Counseling CenterGeneral Support | Minneapolis, MN | $15K | 2022 |
| Prop ShopGeneral Suppport | Eden Prairie, MN | $15K | 2022 |
| Sanford Health FoundationGeneral Support | Sioux Falls, SD | $10K | 2022 |
| Avera Family WellnessGeneral Support | Sioux Falls, SD | $10K | 2022 |
| Open Arms Of MinnesotaGeneral Support | Minneapolis, MN | $5K | 2022 |
| World ClassroomsGeneral Support | Aberdeen, SD | $4K | 2022 |
| Washington PavilionGeneral Support | Sioux Falls, SD | $3K | 2022 |
| Lincoln High SchoolGeneral Support | Sioux Falls, SD | $3K | 2022 |
| Washington High SchoolGeneral Support | Sioux Falls, SD | $2K | 2022 |
| Luther SeminaryGeneral support | St Paul, MN | $2K | 2022 |
| National Music MuseumGeneral Support | Vermillion, SD | $2K | 2022 |
| Helping Kids Round FirstGeneral Support | Flandreau, SD | $1K | 2022 |
| Match PointeGeneral Support | Sioux Falls, SD | $1K | 2022 |
| Volunteers Of America DakotasGeneral Support | Sioux Falls, SD | $10K | 2021 |
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