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Karl Arthur Severson Foundation is a private corporation based in SHELTON, WA. The foundation received its IRS ruling in 2015. The principal officer is Mark Severson. It holds total assets of $139K. Annual income is reported at $2K. Total assets have decreased from $369K in 2019 to $139K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Colorado and Washington. According to available records, Karl Arthur Severson Foundation has made 40 grants totaling $244K, with a median grant of $5K. Annual giving has decreased from $69K in 2020 to $52K in 2023. Grantmaking activity was highest in 2022 with $81K distributed across 14 grants. Individual grants have ranged from $500 to $16K, with an average award of $6K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Colorado and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$8K
Largest Grant
$10K
Based on 5 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.
Karl Arthur Severson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in CO, WA.
Karl Arthur Severson Foundation has distributed a total of $244K across 40 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $16K.
Karl Arthur Severson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karl Arthur Severson Foundation is headquartered in SHELTON, WA. While based in WA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madelon Severson | CO-FOUNDER | $4K | $0 | $4K |
| Mark Severson | CO-FOUNDER | $4K | $0 | $4K |
Total Giving
N/A
Total Assets
$139K
Fair Market Value
N/A
Net Worth
$139K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$244K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nw Amateur Sailing & Racing AssociationSYC JR RACE TEAM HIGH PERFORMANCE CLINIC | Seattle, WA | $10K | 2023 |
| Galena WardleTO COVER SKI EXPENSES | Snowmass Village, CO | $10K | 2023 |
| Thomas RoennauTO COVER SKI EXPENSES | Snowmass Village, CO | $6K | 2023 |
| Hutch HutchinsonTO COVER SKI EXPENSES | Snowmass Village, CO | $6K | 2023 |
| Aspen High SchoolPSIA-AASI EVENT REGISTRATION | Aspen, CO | $6K | 2023 |
| Katherine A FrancisTO COVER SKI EXPENSES | Snowmass Village, CO | $6K | 2023 |
| Peter EganTO COVER SKI EXPENSES | Snowmass Village, CO | $3K | 2023 |
| Jamie AbbotTO COVER SKI EXPENSES | Snowmass Village, CO | $3K | 2023 |
| Brett LoebTO COVER SKI EXPENSES | Snowmass Village, CO | $2K | 2023 |
| The Washington State Chaplain FoundationCOMMUNITY SUPPORT | Gig Harbor, WA | $1K | 2023 |
| Snowmass Village Fire DepartmentCOMMUNITY SUPPORT | Snowmass Village, CO | $500 | 2023 |
| Ghyc Junior SailMONIES FOR OPERATIONS | Gig Harbor, WA | $10K | 2022 |
| Wing WatsonTO COVER SKI EXPENSES | Snowmass Village, CO | $3K | 2022 |
| Harvest For Hunger ColoradoMONIES FOR VAN PURCHASE | Snowmass Village, CO | $10K | 2021 |
| Eske RoennauTO COVER SKI EXPENSES | Aspen, CO | $5K | 2020 |
| Jack HammMONIES UTILIZED TO PAY EXPENSES FOR SKI RACING | Carbondale, CO | $5K | 2020 |
| Kate OldhamTO COVER SKI EXPENSES | Carbondale, CO | $5K | 2020 |
| Psia-Rocky Mountain-AasiTO COVER ALPINE LEVEL 1 ASSESSMENTS AND ANNUAL MEMBERSHIP DUES | Steamboat Springs, CO | $4K | 2020 |