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Severson Family Foundation is a private trust based in ST LOUIS PARK, MN. The foundation received its IRS ruling in 2005. It holds total assets of $781K. Annual income is reported at $265K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Severson Family Foundation has made 28 grants totaling $503K, with a median grant of $4K. Annual giving has decreased from $310K in 2021 to $193K in 2022. Individual grants have ranged from $50 to $103K, with an average award of $18K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in North Dakota and Minnesota and South Dakota. Contributions to this foundation are tax-deductible.
Severson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in ND, MN, SD.
Severson Family Foundation has distributed a total of $503K across 28 grants. The median grant size is $4K, with an average of $18K. Individual grants have ranged from $50 to $103K.
Severson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Severson Family Foundation is headquartered in ST LOUIS PARK, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary L Severson | Vice President | $0 | $0 | $0 |
| Allan M Severson | Secretary/Treasurer | $0 | $0 | $0 |
| Jeffrey A Severson | Director | $0 | $0 | $0 |
| Julie Schnaible | Director | $0 | $0 | $0 |
| Jane M Severson | President | $0 | $0 | $0 |
Total Giving
$376K
Total Assets
$781K
Fair Market Value
$1.6M
Net Worth
$781K
Grants Paid
$365K
Contributions
$93K
Net Investment Income
$263K
Distribution Amount
$80K
Total: $648K
Total Grants
28
Total Giving
$503K
Average Grant
$18K
Median Grant
$4K
Unique Recipients
20
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayCOVID Fund | Fargo, ND | $40K | 2022 |
| BridgingCommunity Benefit | Bloomington, MN | $700 | 2021 |
| Northside BoxingCommunity Benefit | Minneapolis, MN | $500 | 2021 |
| First Luthern ChurchCommunity Benefit | Fargo, ND | $103K | 2022 |
| Westwood Lutheran Church |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| St Louis Park, MN |
| $24K |
| 2022 |
| Rise Early Learning CenterCommunity Benefit | St Louis Park, MN | $10K | 2022 |
| Second Harvest HeartlandCommunity Benefit | Brooklyn Park, MN | $6K | 2022 |
| Habitat For Humanity Of Greater Sioux FallsCommunity Benefit | Sioux Falls, SD | $4K | 2022 |
| The BanquetCommunity Benefit | Sioux Falls, SD | $4K | 2022 |
| Sioux Falls Area Humane SocietyCommunity Benefit | Sioux Falls, SD | $2K | 2022 |
| Step - St Louis Park EmergencyCommunity Benefit | St Louis Park, MN | $500 | 2022 |
| Slp Band Parent NetworkCommunity Benefit | St Louis Park, MN | $500 | 2022 |
| Children'S Minnesota FoundationCommunity Benefit | Edina, MN | $500 | 2022 |
| St Paul Luthern ChurchCommunity Benefit | Fargo, ND | $50 | 2022 |
| East Highland Lutheran ChurchCommunity Benefit | Gary, SD | $50 | 2022 |
| Flc Nokomis Child Care CenterCommunity Benefit | Fargo, ND | $100K | 2021 |
| Ymca Of FargoCOVID Fund | Fargo, ND | $75K | 2021 |
| Ymca Cass Clay CountyCommunity Benefit | Fargo, ND | $4K | 2021 |
| Ywca FargoCommunity Benefit | Fargo, ND | $2K | 2021 |
| St Louis Park High SchoolBands | St Louis Park, MN | $500 | 2021 |
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