//
Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Ted And Lorraine Glasrud Family Foundation Inc. is a private corporation based in GILBERT, AZ. The foundation received its IRS ruling in 2002. The principal officer is Deborah G Lentsch. It holds total assets of $9.2M. Annual income is reported at $1.1M. Total assets have grown from $4.4M in 2011 to $9.5M in 2023. The foundation is governed by 2 officers and trustees. The ted and lorraine glasrud family foundation solicits and reviews grant applications associated with the charitable goals and interest of the members of the foundation. 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 Florida and Minnesota. According to available records, Ted And Lorraine Glasrud Family Foundation Inc. has made 84 grants totaling $1.4M, with a median grant of $11K. Annual giving has grown from $408K in 2020 to $970K in 2022. Individual grants have ranged from $5K to $110K, with an average award of $16K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Florida, Minnesota, Arizona, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Ted And Lorraine Glasrud Family Foundation Inc. reported 84 individual grants totaling $1.4 million between 2020 and 2022 across its IRS Form 990-PF filings, with a median grant of $10,750. Half of those grants fell between $10,000 and $15,000. Its largest single grant in the record was $110,000. Its most recent available filing, for fiscal year 2023, reports $563,020 in total giving.
The largest share of grants went to organizations in FL (36 of 84), followed by MN (29) and AZ (7). In total the foundation's grantees span 7 states. Of its 33 distinct grantees, 85 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Banner Health Foundation ($295,000), Martin Memorial Foundation ($75,000) and St Jude Children's Research Hospita ($55,000).
Computed from 84 individual grant records (2020–2022) in this foundation's IRS Form 990-PF Part XV filings, reaching 7 states. Source: IRS 990-PF.
Smallest Grant
$7K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$75K
Based on 28 grants from the most recent 990-PF filing.
The ted and lorraine glasrud family foundation solicits and reviews grant applications associated with the charitable goals and interest of the members of the foundation.
The ted and lorraine glasrud family foundation solicits and reviews grant applications associated with the charitable goals and interest of the members of the foundation. Based on available records, the foundation has funded 84 grants. Its grantmaking reaches organizations primarily in FL, MN, AZ.
Ted And Lorraine Glasrud Family Foundation Inc. has distributed a total of $1.4M across 84 grants. The median grant size is $11K, with an average of $16K. Individual grants have ranged from $5K to $110K.
Ted And Lorraine Glasrud Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ted And Lorraine Glasrud Family Foundation Inc. is headquartered in GILBERT, AZ. While based in AZ, the foundation distributes grants to organizations across 7 states.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sharon E Glasrud | SECRETARY | $0 | $0 | N/A |
| Deborah Lentsch | CEO | $0 | $0 | N/A |
Total Giving
$563K
Total Assets
$9.5M
Fair Market Value
$11.9M
Net Worth
$9.5M
Grants Paid
$476K
Contributions
N/A
Net Investment Income
$448K
Distribution Amount
$533K
Total: $7.2M
Total Grants
84
Total Giving
$1.4M
Average Grant
$16K
Median Grant
$11K
Unique Recipients
33
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Banner Health FoundationMEDICAL AND HUMAN SERVICES | Phoenix, AZ | $110K | 2022 |
| Keystone Communities Bike ShopHUMAN SERVICES | St Paul, MN | $45K | 2022 |
| Busch Wildlife SanctuaryENVIRONMENTAL | Jupiter, FL | $25K | 2022 |
| Martin Memorial FoundationHEALTH AND HUMAN SERVICES | Stuart, FL | $25K | 2022 |
| St Jude Children'S Research HospitaMEDICAL HUMAN SERVICES | St Louis Park, MN | $20K | 2022 |
| Treasure Coast Food BankHUMAN SERVICES | Fort Pierce, FL | $15K | 2022 |
| Big Bro Big Sis Of Martin CountyHEALTH AND HUMAN SERVICES | West Palm Beach, FL | $15K | 2022 |
| Molly'S HouseHEALTH AND HUMAN SERVICES | Stuart, FL | $15K | 2022 |
| Boys And Girls ClubsHEALTH AND HUMAN SERVICES | Hobe Sound, FL | $15K | 2022 |
| Belwin ConservatoryEVIRONMENTAL | Afton, MN | $15K | 2022 |
| White Bear Lake Area Education FounEDUCATION | White Bear Lake, MN | $15K | 2022 |
| Tykes And TeensHEALTH AND HUMAN SERVICES | Palm City, FL | $13K | 2022 |
| Miss IncHEALTH & HUMAN SERVICES | Stuart, FL | $13K | 2022 |
| Hibiscus Children'S CenterHEALTH & HUMAN SERVICES | Jensen Beach, FL | $12K | 2022 |
| With AllHEALTH AND HUMAN SERVICES | St Louis Park, MN | $12K | 2022 |
| Hope Center For AutismHUMAN SERVICES | Fort Worth, TX | $11K | 2022 |
| Cretin-Derham HallEDUCATION | St Paul, MN | $10K | 2022 |
| Coe Fund Coe CollegeEDUCATION | Cedar Rapids, IA | $10K | 2022 |
| Northern Star Council BsaYOUTH DEVELOPMENT | St Paul, MN | $10K | 2022 |
| South Florida PbsEDUCATION | Miami, FL | $10K | 2022 |
| St Mary'S Food BankHEALTH AND HUMAN SERVICES | Phoenix, AZ | $10K | 2022 |
| The Library Founda Of Martin CountyEDUCATION | Stuart, FL | $10K | 2022 |
| Twin Cities Public TelevisionEDUCATION | Saint Paul, MN | $10K | 2022 |
| Widedman Steiner Syndrome FoundatioHUMAN SERVICES MEDICAL | Sacramento, CA | $10K | 2022 |
| Telluride Avalanche DogsHEALTH AND HUMAN SERVICES | Telluride, CO | $10K | 2022 |
TUCSON, AZ
PHOENIX, AZ
SCOTTSDALE, AZ