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Mortenson Company Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $22.6M. Annual income is reported at $11.4M. Total assets have grown from $1.4M in 2019 to $22.6M in 2024. The foundation is governed by 6 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 2020 to 2024. According to available records, Mortenson Company Foundation has made 35 grants totaling $800K, with a median grant of $25K. The foundation has distributed between $390K and $410K annually from 2022 to 2023. Individual grants have ranged from $5K to $50K, with an average award of $23K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Minnesota, Oregon, Washington, which account for 57% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
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.
Mortenson Company Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in MN, OR, WA.
Mortenson Company Foundation has distributed a total of $800K across 35 grants. The median grant size is $25K, with an average of $23K. Individual grants have ranged from $5K to $50K.
Mortenson Company Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mortenson Company Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maja Rosenquist | Dir | $0 | $0 | N/A |
| Mark Mortenson | Dir, Sec | $0 | $0 | N/A |
| David Mortenson | Dir | $0 | $0 | N/A |
| Lois Martin | Treas, Dir | $0 | $0 | N/A |
| Derek Cunz | Dir | $0 | $0 | N/A |
| Dan Johnson | Dir, Pres | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$22.6M
Fair Market Value
N/A
Net Worth
$22.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
35
Total Giving
$800K
Average Grant
$23K
Median Grant
$25K
Unique Recipients
27
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Froedtert Hospital Foundation IncGeneral & Unrestricted | Milwaukee, WI | $50K | 2023 |
| Rebuilding Together IncThree volunteer projects in Fall 2023 | Washington, DC | $30K | 2023 |
| Hearts And Hammers Twin CitiesGeneral & Unrestricted | Roseville, MN | $25K | 2023 |
| The WorksGeneral & Unrestricted | Bloomington, MN | $25K | 2023 |
| Phoenix Childrens Hospital FoundationGeneral & Unrestricted | Phoenix, AZ | $25K | 2023 |
| Catholic Health Initiatives Colorado FoundationGeneral & Unrestricted | Centennial, CO | $25K | 2023 |
| Southwest Human DevelopmentGeneral & Unrestricted | Phoenix, AZ | $25K | 2023 |
| Junior Achievement UsaGeneral & Unrestricted | Saint Paul, MN | $25K | 2023 |
| American Heart Association IncGeneral & Unrestricted | Eagan, MN | $25K | 2023 |
| Cristo Rey Jesuit High SchoolGeneral & Unrestricted | Minneapolis, MN | $20K | 2023 |
| All-In Milwaukee IncGeneral & Unrestricted | Milwaukee, WI | $20K | 2023 |
| Constructing Hope Pre- Apprenticeship ProgramGeneral & Unrestricted | Portland, OR | $15K | 2023 |
| Alzheimers Disease And Related Disorders AssociatiGeneral & Unrestricted | Cottonwood Heights, UT | $15K | 2023 |
| National Multiple Sclerosis SocietyGeneral & Unrestricted | Denver, CO | $15K | 2023 |
| Opportunity Dekalb IncGeneral & Unrestricted | Dekalb, IL | $15K | 2023 |
| Edgehill Neighborhood PartnershipGeneral & Unrestricted | Nashville, TN | $15K | 2023 |
| American Heart AssociationGeneral & Unrestricted | Portland, OR | $10K | 2023 |
| True Foundation ChurchGeneral & Unrestricted | Minneapolis, MN | $10K | 2023 |
| Oregon Tradeswomen IncGeneral & Unrestricted | Portland, OR | $10K | 2023 |
| East Tennessee FoundationGeneral & Unrestricted | Knoxville, TN | $5K | 2023 |
| Community Transitional SchoolGeneral & Unrestricted | Portland, OR | $5K | 2023 |
| University Of Washington Foundation - SeattleNowoj Family Pancreatic Cancer Research Acceleration Fund | Seattle, WA | $50K | 2022 |
| Habitat For Humanity Of Metro Denver IncGeneral & Unrestricted | Denver, CO | $30K | 2022 |
| Garden City ElementaryGeneral & Unrestricted | Brooklyn Center, MN | $25K | 2022 |
| Special Olympics Arizona IncGeneral & Unrestricted | Goodyear, AZ | $25K | 2022 |
| Boys And Girls Clubs Of The Twin CitiesGeneral & Unrestricted | Saint Paul, MN | $25K | 2022 |
| Wanton Injustice Legal DetailGeneral & Unrestricted | Minneapolis, MN | $10K | 2022 |