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The Leonard Rydell Foundation is a private corporation based in GRAND FORKS, ND. The foundation received its IRS ruling in 2001. The principal officer is Wes Rydell. It holds total assets of $1.6M. Annual income is reported at $555K. Total assets have grown from $603K in 2011 to $1.6M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Minnesota, Wisconsin, North Dakota. According to available records, The Leonard Rydell Foundation has made 86 grants totaling $196K, with a median grant of $2K. Annual giving has decreased from $136K in 2022 to $60K in 2023. Individual grants have ranged from $2K to $8K, with an average award of $2K. The foundation has supported 48 unique organizations. The foundation primarily supports organizations in Minnesota, North Dakota, South Dakota, which account for 55% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 28 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.
The Leonard Rydell Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 86 grants. Its grantmaking reaches organizations primarily in MN, ND, SD.
The Leonard Rydell Foundation has distributed a total of $196K across 86 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $8K.
The application deadline is JULY PRECEDING THE BEGINNING OF THE SCHOOL YEAR. Educational scholarships only - maximum of $2,000 per award.
The Leonard Rydell Foundation is headquartered in GRAND FORKS, ND. While based in ND, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wes Rydell | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Connie Mondry | DIRECTOR | $0 | $0 | N/A |
| Jim Rydell | DIRECTOR | $0 | $0 | N/A |
| Randy Nehring | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Ivan Gandrud | TREASURER & DIRECTOR | $0 | $0 | N/A |
| Dennis Lunde | VICE-PRES. & DIRECTOR | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.6M
Fair Market Value
$1.5M
Net Worth
$1.6M
Grants Paid
$60K
Contributions
$120K
Net Investment Income
$42K
Distribution Amount
$70K
Total: $1.4M
Total Grants
86
Total Giving
$196K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
48
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of North DakotaSCHOLARSHIP | Grand Forks, ND | $4K | 2023 |
| University Of Minnesota - Twin CitiesSCHOLARSHIP | Minneapolis, MN | $4K | 2023 |
| Colorado Mesa UniversitySCHOLARSHIP | Grand Junction, CO | $2K | 2023 |
| Dakota County Technical CollegeSCHOLARSHIP | Rosemount, MN | $2K | 2023 |
| Fort Lewis CollegeSCHOLARSHIP | Durango, CO | $2K | 2023 |
| Lake Area Technical InstituteSCHOLARSHIP | Watertown, SD | $2K | 2023 |
| Minnesota State University - MoorheadSCHOLARSHIP | Moorhead, MN | $2K | 2023 |
| Morningside CollegeSCHOLARSHIP | Sioux City, IA | $2K | 2023 |
| New Mexico State UniversitySCHOLARSHIP | Las Cruces, NM | $2K | 2023 |
| North Dakota State UniversitySCHOLARSHIP | Fargo, ND | $2K | 2023 |
| Northeast Community CollegeSCHOLARSHIP | Norfolk, NE | $2K | 2023 |
| Northern State UniversitySCHOLARSHIP | Aberdeen, SD | $2K | 2023 |
| University Of IowaSCHOLARSHIP | Iowa City, IA | $2K | 2023 |
| University Of Minnesota - MorrisSCHOLARSHIP | Morris, MN | $2K | 2023 |
| University Of Minnesota - RochesterSCHOLARSHIP | Rochester, MN | $2K | 2023 |
| University Of Montana WesternSCHOLARSHIP | Dillon, MT | $2K | 2023 |
| University Of Wisconsin - MilwaukeeSCHOLARSHIP | Milwaukee, WI | $2K | 2023 |
| University Of Wisconsin - PlattevilleSCHOLARSHIP | Platteville, WI | $2K | 2023 |
| University Of Wisconsin - StoutSCHOLARSHIP | Menomonie, WI | $2K | 2023 |
| Valparaiso UniversitySCHOLARSHIP | Valparaiso, IN | $2K | 2023 |
| Winona State UniversitySCHOLARSHIP | Winona, MN | $2K | 2023 |
| Nebraska Wesleyan UniversitySCHOLARSHP | Lincoln, NE | $2K | 2023 |
| Grand Canyon UniversitySCHOLARSHIP | Phoenix, AZ | $2K | 2023 |
| Spring Arbor UniversitySCHOLARSHIP | Spring Arbor, MI | $2K | 2023 |
| Millikin UniversitySCHOLARSHIP | Decatur, IL | $2K | 2023 |
| Augustana UniversitySCHOLARSHIP | Sioux Falls, SD | $2K | 2023 |
| University Of WyomingSCHOLARSHIP | Laramie, WY | $2K | 2023 |
| Aveda InstituteSCHOLARSHIP | Avondale, AZ | $2K | 2023 |
| Iowa State UniversitySCHOLARSHIP | Ames, IA | $2K | 2022 |
| Mitchell Technical InstituteSCHOLARSHIP | Mitchell, SD | $2K | 2022 |
| Des Moines Area Community CollegeSCHOLARSHIP | Des Moines, IA | $2K | 2022 |
| University Of Wisconsin - La CrosseSCHOLARSHIP | La Crosse, WI | $2K | 2022 |
| Alexandria Technical And Community CollegeSCHOLARSHIP | Alexandria, MN | $2K | 2022 |
| South Dakota School Of Mines And TechnologySCHOLARSHIP | Rapid City, SD | $2K | 2022 |
| South Dakota State UniversitySCHOLARSHIP | Brookings, SD | $2K | 2022 |
| Minnesota State University - MankatoSCHOLARSHIP | Mankato, MN | $2K | 2022 |
| University Of Minnesota - CrookstonSCHOLARSHIP | Crookston, MN | $2K | 2022 |
| Minnesota State College SoutheastSCHOLARSHIP | Red Wing, MN | $2K | 2022 |
| University Of California - La JollaSCHOLARSHIP | La Jolla, CA | $2K | 2022 |
| University Of Wisconsin - MadisonSCHOLARSHIP | Madison, WI | $2K | 2022 |
| St Cloud Technical And Community CollegeSCHOLARSHIP | St Cloud, SD | $2K | 2022 |