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Larsen Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1999. The principal officer is Terrence A Larsen. It holds total assets of $3.3M. Annual income is reported at $1.2M. 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 2023. The foundation primarily funds organizations in Pennsylvania, California and Texas. According to available records, Larsen Foundation has made 37 grants totaling $382K, with a median grant of $10K. The foundation has distributed between $182K and $200K annually from 2022 to 2023. Individual grants have ranged from $5K to $25K, with an average award of $10K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Texas, Pennsylvania, California, which account for 65% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$8K
Largest Grant
$25K
Based on 21 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.
Larsen Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in TX, PA, CA.
Larsen Foundation has distributed a total of $382K across 37 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $25K.
Larsen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Larsen Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Terrence A Larsen | CO-TRUSTEE | $0 | $0 | N/A |
| Ashley A Larsen | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$226K
Total Assets
$3.3M
Fair Market Value
$4M
Net Worth
$3.3M
Grants Paid
$182K
Contributions
N/A
Net Investment Income
$170K
Distribution Amount
$189K
Total: $3.2M
Total Grants
37
Total Giving
$382K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of DallasGENERAL | Irving, TX | $25K | 2023 |
| Texas A&M FoundationGENERAL | College Station, TX | $25K | 2023 |
| Tragedy Assistance Program For SurvivorsGENERAL | Arlington, VA | $11K | 2023 |
| Wall Street Warfighters FoundationGENERAL | Philadelphia, PA | $11K | 2023 |
| Wounded Warrior ProjectGENERAL | Jacksonville, FL | $11K | 2023 |
| Team Red White And BlueGENERAL | Tampa, FL | $11K | 2023 |
| Team Rubicon IncGENERAL | El Segundo, CA | $11K | 2023 |
| Hawaii Community FoundationGENERAL OPERATING | Honolulu, HI | $10K | 2023 |
| United Way Of Se PaGENERAL | Philadelphia, PA | $10K | 2023 |
| Resources For Human DevelopementGENERAL | Philadelphia, PA | $10K | 2023 |
| Mayo ClinicGENERAL | Rochester, MN | $6K | 2023 |
| Cleveland ClinicGENERAL | Cleveland, OH | $6K | 2023 |
| Marin General HospitalGENERAL | Kentfield, CA | $5K | 2023 |
| Ucsf FoundationGENERAL | San Francisco, CA | $5K | 2023 |
| Peter'S PlaceGENERAL | Radnor, PA | $5K | 2023 |
| University Of PennsylvaniaGENERAL | Philadelphia, PA | $5K | 2023 |
| The Jim Saunders FundGENERAL | Kailua Kona, HI | $5K | 2023 |
| Casa De Amma IncGENERAL OPERATING | San Juan Capo, CA | $5K | 2023 |
| Kern ProjectGENERAL OPERATING | Corte Madera, CA | $5K | 2023 |
| Family Dog And Puppy RescueGENERAL | San Francisco, CA | $5K | 2022 |
| The Shipley SchoolGENERAL | Bryn Mawr, PA | $5K | 2022 |