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Walter And Barbara E-Reishus- Pedersen Lutheran Foundation is a private corporation based in GRAND FORKS, ND. The foundation received its IRS ruling in 1986. It holds total assets of $861K. Annual income is reported at $400K. Total assets have grown from $507K in 2011 to $719K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in North Dakota and Minnesota. According to available records, Walter And Barbara E-Reishus- Pedersen Lutheran Foundation has made 11 grants totaling $98K, with a median grant of $8K. Annual giving has grown from $41K in 2020 to $57K in 2022. Individual grants have ranged from $3K to $17K, with an average award of $9K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Minnesota and North Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$17K
Based on 3 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.
Walter And Barbara E-Reishus- Pedersen Lutheran Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MN, ND.
Walter And Barbara E-Reishus- Pedersen Lutheran Foundation has distributed a total of $98K across 11 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $3K to $17K.
Walter And Barbara E-Reishus- Pedersen Lutheran Foundation typically selects its grantees rather than accepting unsolicited proposals.
Walter And Barbara E-Reishus- Pedersen Lutheran Foundation is headquartered in GRAND FORKS, ND. While based in ND, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kirk Tingum | PRESIDENT | $0 | $0 | N/A |
| Bob Knutson | VICE PRESIDENT | $0 | $0 | N/A |
| Mark Hall | SEC/TREAS | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$719K
Fair Market Value
$734K
Net Worth
$699K
Grants Paid
$58K
Contributions
$250K
Net Investment Income
$14K
Distribution Amount
$33K
Total: $666K
Total Grants
11
Total Giving
$98K
Average Grant
$9K
Median Grant
$8K
Unique Recipients
6
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Our Saviour'S Lutheran ChurchREPLACEMENT OF SANCTUARYLIGHT FIXTURES | East Grand Forks, MN | $17K | 2022 |
| Valley Senior Living FoundationIMPROVE OUTDOOR LIVINGAREA AT TUFTE MANOR | Grand Forks, ND | $8K | 2022 |
| Grand Forks Area Young LifeCAMPING SPOTS FORYOUTH LIFE RETREAT | Grand Forks, ND | $4K | 2022 |
| Calvary Lutheran ChurchSECURITY SYSTEM | Grand Forks, ND | $9K | 2020 |
| Augustana Lutheran ChurchRECOVERY PROGRAM | Grand Forks, ND | $8K | 2020 |
| Fellowship Of Christian AthletesPROGRAM SUPPORT | Grand Forks, ND | $3K | 2020 |