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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. Total assets have grown from $2.9M in 2011 to $4.4M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in South Dakota and Minnesota. 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.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$20K
Based on 18 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.
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 | N/A |
| Rachel Jerstad | Director | $0 | $0 | N/A |
| Michael Jerstad | Director | $0 | $0 | N/A |
| Sarah Jerstad | Director | $0 | $0 | N/A |
| Kelly Jerstad | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.4M
Fair Market Value
N/A
Net Worth
$4.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Augustana UniversityGeneral Support | Sioux Falls, SD | $20K | 2022 |
| Mission Animal HospitalGeneral Support | Eden Prairie, MN | $20K | 2022 |
| College PossibleGeneral Support | St Paul, MN | $20K | 2022 |
| Opportunity NeighborhoodGeneral Support | New Brighton, MN | $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 |
| South Dakota Symphony OrchestraGeneral Support | Sioux Falls, SD | $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 |
| Lincoln High SchoolGeneral Support | Sioux Falls, SD | $3K | 2022 |
| Washington PavilionGeneral Support | Sioux Falls, SD | $3K | 2022 |
| Luther SeminaryGeneral support | St Paul, MN | $2K | 2022 |
| Washington High SchoolGeneral Support | Sioux Falls, SD | $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 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD