Also known as: CHARITABLE FOUNDATION
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Larry And Sharon Larson Charitable Foundation is a private corporation based in ROSEAU, MN. The foundation received its IRS ruling in 2016. The principal officer is Larry Larson. It holds total assets of $34.5M. Annual income is reported at $31.2M. Total assets have grown from $761K in 2019 to $3.4M in 2023. The foundation is governed by 3 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 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Larry And Sharon Larson Charitable Foundation has made 4 grants totaling $233K, with a median grant of $38K. Annual giving has grown from $25K in 2021 to $132K in 2023. Individual grants have ranged from $25K to $132K, with an average award of $58K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$17K
Largest Grant
$66K
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.
Larry And Sharon Larson Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
Larry And Sharon Larson Charitable Foundation has distributed a total of $233K across 4 grants. The median grant size is $38K, with an average of $58K. Individual grants have ranged from $25K to $132K.
Larry And Sharon Larson Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Larry And Sharon Larson Charitable Foundation is headquartered in ROSEAU, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Larson | DIRECTOR | $0 | $0 | N/A |
| Christa Witt | DIRECTOR | $0 | $0 | N/A |
| Larry Larson | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$133K
Total Assets
$3.4M
Fair Market Value
$4.3M
Net Worth
$3.4M
Grants Paid
$132K
Contributions
$1.2M
Net Investment Income
$123K
Distribution Amount
$147K
Total: $3.4M
Total Grants
4
Total Giving
$233K
Average Grant
$58K
Median Grant
$38K
Unique Recipients
2
Most Common Grant
$38K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Geneva CemetaryDONATION | Geneva, MN | $132K | 2023 |
| Mayo Clinic FoundationDONATION | Rochester, MN | $38K | 2022 |