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Sundet Foundation is a private corporation based in BLOOMINGTON, MN. The foundation received its IRS ruling in 1980. It holds total assets of $4.6M. Annual income is reported at $2.3M. Total assets have decreased from $10M in 2011 to $5.5M in 2023. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Sundet Foundation has made 239 grants totaling $6.2M, with a median grant of $5K. Annual giving has grown from $2.5M in 2020 to $3.6M in 2022. Individual grants have ranged from N/A to $310K, with an average award of $26K. The foundation has supported 99 unique organizations. The foundation primarily supports organizations in Minnesota, Virginia, Arizona, which account for 69% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$5K
Average Grant
$36K
Largest Grant
$310K
Based on 71 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.
Sundet Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 239 grants. Its grantmaking reaches organizations primarily in MN, VA, AZ.
Sundet Foundation has distributed a total of $6.2M across 239 grants. The median grant size is $5K, with an average of $26K. Individual grants have ranged from N/A to $310K.
Sundet Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sundet Foundation is headquartered in BLOOMINGTON, MN. While based in MN, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Leland N Sundet | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Louise C Sundet | VICE PRESIDENT | $0 | $0 | N/A |
| Carol Sundet-Meeker | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Dan Boeckermann | DIRECTOR | $0 | $0 | N/A |
| Mark Dienhard | DIRECTOR | $0 | $0 | N/A |
| David Sundet | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$5.5M
Fair Market Value
$8.1M
Net Worth
$5.5M
Grants Paid
$1.6M
Contributions
$130K
Net Investment Income
$795K
Distribution Amount
$389K
Total: $236K
Total Grants
239
Total Giving
$6.2M
Average Grant
$26K
Median Grant
$5K
Unique Recipients
99
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norway HouseCHARITABLE | Minneapolis, MN | $264K | 2022 |
| Trinity Lutheran ChurchCHARITABLE | Spring Grove, MN | $37K | 2022 |
| New Horizons FoundationCHARITABLE | Washington, DC | $12K | 2022 |
| U Of Mn FoundationCHARITABLE | Mineapolis, MN | $164K | 2022 |
| Prison FellowshipCHARITABLE | Lansdowne, VA | $115K | 2022 |
| Mt Carmel MinistriesCHARITABLE | Alexandria, MN | $110K | 2022 |
| Courage KenneyCHARITABLE | Minneapolis, MN | $105K | 2022 |
| Mayo ClinicCHARITABLE | Rochester, MN | $100K | 2022 |
| Minneapolis Heart Institute FoundationCHARITABLE | Minneapolis, MN | $100K | 2022 |
| Giants Of The Earth Heritage CtrCHARITABLECHARITABLE | Spring Grove, MN | $100K | 2022 |
| Augsburg College Rochester CampusCHARITABLE | Minneapolis, MN | $100K | 2022 |
| NavigatorsCHARITABLE | Albert Lea, MN | $90K | 2022 |
| Alliance Defending FreedomCHARITABLECHARITABLE | Scottsdale, AZ | $63K | 2022 |
| Minnehaha AcademyCHARITABLE | Minneapolis, MN | $42K | 2022 |
| Focus On The FamilyCHARITABLE | Colorado Springs, CO | $30K | 2022 |
| True FriendsCHARITABLE | Annandale, MN | $20K | 2022 |
| Urban VenturesCHARITABLECHARITABLE | Minneapolis, MN | $20K | 2022 |
| Shriners Hospital For ChildrenCHARITABLE | Tampa, FL | $16K | 2022 |
| Mt Olivet Lutheran ChurchCHARITABLE | Minneapolis, MN | $16K | 2022 |
| Passion ChurchCHARITABLE | Maple Grove, MN | $14K | 2022 |
| Cru - Abid & JanetCHARITABLE | Orlando, FL | $12K | 2022 |
| Cru - Todd & Kriss GrossCHARITABLE | Orlando, FL | $12K | 2022 |
| Christian Network TeamCHARITABLE | Finlayson, MN | $12K | 2022 |
| Casa Alitas Catholic Charities Aid To MigrantsCHARITABLE | Tucson, AZ | $11K | 2022 |
| Abbott Nw HospitalCHARITABLECHARITABLE | Minneapolis, MN | $10K | 2022 |
| Samaritan'S PurseCHARITABLE | Boone, NC | $10K | 2022 |