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The Silseth Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is % Foundation Source. It holds total assets of $5.9M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Silseth Foundation has made 95 grants totaling $859K, with a median grant of $5K. Annual giving has grown from $54K in 2021 to $369K in 2023. Grantmaking activity was highest in 2022 with $435K distributed across 52 grants. Individual grants have ranged from $500 to $61K, with an average award of $9K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in Wisconsin, California, Massachusetts, which account for 67% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
The Silseth Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in WI, CA, MA.
The Silseth Foundation has distributed a total of $859K across 95 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $500 to $61K.
The Silseth Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Silseth Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer S Binversie | Dir, Sec | $0 | $0 | $0 |
| John M Silseth | Dir, Pres | $0 | $0 | $0 |
| John B Silseth | Dir, Treas | $0 | $0 | $0 |
| Karen K Silseth | Dir, VP | $0 | $0 | $0 |
Total Giving
$385K
Total Assets
$6.1M
Fair Market Value
$6.9M
Net Worth
$6.1M
Grants Paid
$369K
Contributions
$5.2M
Net Investment Income
$1M
Distribution Amount
$199K
Total: $6M
Total Grants
95
Total Giving
$859K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
38
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elmbrook ChurchGeneral & Unrestricted | Brookfield, WI | $61K | 2023 |
| World Relief Corporation Of National Association OGeneral & Unrestricted | Washington, DC | $35K | 2023 |
| Massachusetts General HospitalDenise Faustman lab fund | Boston, MA | $25K | 2023 |
| Christian Solidarity International IncGeneral & Unrestricted | Westlake Vlg, CA | $20K | 2023 |
| Milwaukee Rescue MissionGeneral & Unrestricted | Milwaukee, WI | $20K |
| 2023 |
| Brooklink IncGeneral & Unrestricted | Brookfield, WI | $15K | 2023 |
| The Salvation Army Of Greater MilwaukeeGeneral & Unrestricted | Milwaukee, WI | $15K | 2023 |
| Faith Bible Church Of Naples IncGeneral & Unrestricted | Naples, FL | $12K | 2023 |
| Sharon Lynne Wilson Center For The Arts IncGeneral & Unrestricted | Brookfield, WI | $10K | 2023 |
| Goodwill Industries Of Southeastern Wisconsin IncGeneral & Unrestricted | Milwaukee, WI | $10K | 2023 |
| Global Serve International IncGeneral & Unrestricted | Cape Coral, FL | $10K | 2023 |
| Food Pantry Of Waukesha County IncGeneral & Unrestricted | Waukesha, WI | $10K | 2023 |
| Badger Institute IncGeneral & Unrestricted | Milwaukee, WI | $8K | 2023 |
| Aldo Leopold Foundation IncGeneral & Unrestricted | Baraboo, WI | $8K | 2023 |
| Samaritans PurseGeneral & Unrestricted | Boone, NC | $6K | 2023 |
| Prager University FoundationGeneral & Unrestricted | Sherman Oaks, CA | $6K | 2023 |
| Serenity Inns IncGeneral & Unrestricted | Milwaukee, WI | $6K | 2023 |
| Telling The Truth IncGeneral & Unrestricted | Brookfield, WI | $6K | 2023 |
| Wisconsin Institute For Law & Liberty IncGeneral & Unrestricted | Milwaukee, WI | $5K | 2023 |
| Foundation For Government Accountability IncGeneral & Unrestricted | Naples, FL | $5K | 2023 |
| Hope Center IncGeneral & Unrestricted | Waukesha, WI | $5K | 2023 |
| Hebron House Of Hospitality Foundation IncGeneral & Unrestricted | Pewaukee, WI | $5K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $5K | 2023 |
| John K Maciver Institute For Public Policy IncGeneral & Unrestricted | Madison, WI | $5K | 2023 |
| Mt Carmel Lutheran ChurchGeneral & Unrestricted | Milwaukee, WI | $4K | 2023 |
| Rawhide IncGeneral & Unrestricted | New London, WI | $3K | 2023 |
| Pathfinders Milwaukee IncGeneral & Unrestricted | Milwaukee, WI | $3K | 2023 |
| Cystic Fibrosis FoundationCharitable Event | Bethesda, MD | $3K | 2023 |
| Collier County Hunger And Homeless Coalition IncGeneral & Unrestricted | Naples, FL | $2K | 2023 |
| Ice Age Trail AllianceGeneral & Unrestricted | Cross Plains, WI | $2K | 2023 |
| Astronomers Without Borders IncGeneral & Unrestricted | Calabasas, CA | $1K | 2023 |
| Boy Scouts Of AmericaGeneral & Unrestricted | Waukesha, WI | $1K | 2023 |
| Luther SeminaryGeneral & Unrestricted | Saint Paul, MN | $1K | 2023 |
| Lutheran World Relief IncGeneral & Unrestricted | Baltimore, MD | $1K | 2023 |
| Bill Cook FoundationGeneral & Unrestricted | Geneseo, NY | $500 | 2023 |
| World Relief Corp Of National Association Of EvangUkraine fund | Baltimore, MD | $10K | 2022 |
| C3 Naples Church IncGeneral & Unrestricted | Naples, FL | $2K | 2022 |
| St Matthews House IncHurricane Relief fund | Naples, FL | $1K | 2022 |
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