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Torgerson Family Foundation is a private corporation based in WAYZATA, MN. The foundation received its IRS ruling in 2013. The principal officer is Rima F Torgerson. It holds total assets of $9M. Annual income is reported at $3.9M. Total assets have grown from $6M in 2012 to $9M in 2024. The foundation is governed by 3 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 2015 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Torgerson Family Foundation has made 57 grants totaling $3.5M, with a median grant of $30K. Annual giving has grown from $805K in 2020 to $1M in 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 24 grants. Individual grants have ranged from $500 to $265K, with an average award of $61K. The foundation has supported 19 unique organizations. Grants have been distributed to organizations in Minnesota and Iowa and Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$30K
Average Grant
$43K
Largest Grant
$135K
Based on 15 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.
Torgerson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in MN, IA, MT.
Torgerson Family Foundation has distributed a total of $3.5M across 57 grants. The median grant size is $30K, with an average of $61K. Individual grants have ranged from $500 to $265K.
Torgerson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Torgerson Family Foundation is headquartered in WAYZATA, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy G Gelinske | DIRECTOR | $15K | $0 | $15K |
| Rima F Torgerson | DIRECTOR | $0 | $0 | N/A |
| Erik M Torgerson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9M
Fair Market Value
N/A
Net Worth
$9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
57
Total Giving
$3.5M
Average Grant
$61K
Median Grant
$30K
Unique Recipients
19
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norway HouseGENERAL OPERATING SUPPORT | Minneapolis, MN | $265K | 2023 |
| University Of Mn FoundationGENERAL OPERATING SUPPORT | Minneapolis, MN | $200K | 2023 |
| Interfaith Outreach & Community PartnersGENERAL OPERATING SUPPORT | Plymouth, MN | $154K | 2023 |
| Cristo Rey Jesuit High SchoolGENERAL OPERATING SUPPORT | Minneapolis, MN | $100K | 2023 |
| University Of Iowa FoundationGENERAL OPERATING SUPPORT | Iowa City, IA | $100K | 2023 |
| Northside Achievements ZoneGENERAL OPERATING SUPPORT | Minneapolis, MN | $58K | 2023 |
| Beacon Interfaith HousingGENERAL OPERATING SUPPORT | St Paul, MN | $30K | 2023 |
| Wayzata Community ChurchGENERAL OPERATING SUPPORT | Wayzata, MN | $30K | 2023 |
| Boulder OptionsGENERAL OPERATING SUPPORT | Minneapolis, MN | $25K | 2023 |
| Heros And HorsesGENERAL OPERATING SUPPORT | Manhattan, MT | $25K | 2023 |
| Salvation Army Northern DivisionGENERAL OPERATING SUPPORT | Roseville, MN | $5K | 2023 |
| Rakhma Peace HomeGENERAL OPERATING SUPPORT | Minneapolis, MN | $5K | 2023 |
| National Multiple Sclerosis SocietyGENERAL OPERATING SUPPORT | Minneapolis, MN | $5K | 2023 |
| Park Nicollet FoundationGENERAL OPERATING SUPPORT | Saint Louis Park, MN | $5K | 2023 |
| Rebuilding Together Twin CitiesGENERAL OPERATING SUPPORT | Minneapolis, MN | $1K | 2023 |
| Crohn'S & Colitis FoundationGENERAL OPERATING SUPPORT | Roseville, MN | $1K | 2023 |
| Pease Community FoundationGENERAL OPERATING SUPPORT | Minneapolis, MN | $500 | 2023 |