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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. Total assets have grown from $326K in 2020 to $6.1M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Wisconsin, Florida and California. 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.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$50K
Based on 26 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 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 | N/A |
| John M Silseth | Dir, Pres | $0 | $0 | N/A |
| John B Silseth | Dir, Treas | $0 | $0 | N/A |
| Karen K Silseth | Dir, VP | $0 | $0 | N/A |
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 |
| Food Pantry Of Waukesha County IncGeneral & Unrestricted | Waukesha, WI | $10K | 2023 |
| Global Serve International IncGeneral & Unrestricted | Cape Coral, FL | $10K | 2023 |
| Goodwill Industries Of Southeastern Wisconsin IncGeneral & Unrestricted | Milwaukee, WI | $10K | 2023 |
| Sharon Lynne Wilson Center For The Arts IncGeneral & Unrestricted | Brookfield, WI | $10K | 2023 |
| Badger Institute IncGeneral & Unrestricted | Milwaukee, WI | $8K | 2023 |
| Aldo Leopold Foundation IncGeneral & Unrestricted | Baraboo, WI | $8K | 2023 |
| Prager University FoundationGeneral & Unrestricted | Sherman Oaks, CA | $6K | 2023 |
| Serenity Inns IncGeneral & Unrestricted | Milwaukee, WI | $6K | 2023 |
| Samaritans PurseGeneral & Unrestricted | Boone, NC | $6K | 2023 |
| Telling The Truth IncGeneral & Unrestricted | Brookfield, WI | $6K | 2023 |
| John K Maciver Institute For Public Policy IncGeneral & Unrestricted | Madison, WI | $5K | 2023 |
| Hope Center IncGeneral & Unrestricted | Waukesha, WI | $5K | 2023 |
| Wisconsin Institute For Law & Liberty IncGeneral & Unrestricted | Milwaukee, WI | $5K | 2023 |
| Hebron House Of Hospitality Foundation IncGeneral & Unrestricted | Pewaukee, WI | $5K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $5K | 2023 |
| Foundation For Government Accountability IncGeneral & Unrestricted | Naples, FL | $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 |
| Boy Scouts Of AmericaGeneral & Unrestricted | Waukesha, WI | $1K | 2023 |
| Luther SeminaryGeneral & Unrestricted | Saint Paul, MN | $1K | 2023 |
| Astronomers Without Borders IncGeneral & Unrestricted | Calabasas, CA | $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 |