Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Richard H & Joann R Larson Family Foundation Inc. is a private corporation based in NORTHBROOK, IL. The foundation received its IRS ruling in 2015. The principal officer is Richard H Larson. It holds total assets of $48K. Annual income is reported at $92K. The foundation is governed by 3 officers and trustees. Support of medical, educational and religious organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Illinois and Minnesota. According to available records, Richard H & Joann R Larson Family Foundation Inc. has made 6 grants totaling $139K, with a median grant of $10K. Individual grants have ranged from $8K to $52K, with an average award of $23K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$9K
Average Grant
$11K
Largest Grant
$24K
Based on 4 grants from the most recent 990-PF filing.
Support of medical, educational and religious organizations
Expenses: $43K
Support of medical, educational and religious organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL.
Richard H & Joann R Larson Family Foundation Inc. has distributed a total of $139K across 6 grants. The median grant size is $10K, with an average of $23K. Individual grants have ranged from $8K to $52K.
Richard H & Joann R Larson Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard H & Joann R Larson Family Foundation Inc. is headquartered in NORTHBROOK, IL. The foundation primarily funds organizations in Illinois, Minnesota.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard H Larson | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Joann R Larson | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Richard Larson Jr | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$48K
Fair Market Value
N/A
Net Worth
$48K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$139K
Average Grant
$23K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$52K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sundry Organized CharitiesEDUCATIONAL & RELIGIOUS | Chicago, IL | $52K | 2022 |
| Northwestern UniversityEDUCATIONAL | Evanston, IL | $10K | 2022 |
| Covenant Living Of NorthbrookMEDICAL | Northbrook, IL | $8K | 2022 |