Funder DirectoryALFRED A IVERSEN AND FAMILY FOUNDATION
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Private foundation (trust)EIN 043781038Est. 2004-02

ALFRED A IVERSEN AND FAMILY FOUNDATION

CRYSTAL BAY, MN 553230025

Total Assets

$12.5M

FY 2023

Annual Giving

$1.1M

FY 2023

Grants Made

5

FY 2023

Avg Grant

$227K

FY 2023

Grant Range

$15K–$1M

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$2.0M

Total Expenses

$1.2M

Qualifying Distributions

$1.1M

Distributable Amount

$532K

Min. Investment Return

$547K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

5 grants

Grant sizes from minimum $15K through median $40K to maximum $1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $2.1M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

26 grants

UNIVERSITY OF ST THOMAS
$6.2M
5 grants
SECOND HARVEST HEARTLAND
$240K
5 grants
INTERFAITH OUTREACH COMMUNITY PARTNERS (IOCP)
$120K
3 grants
CATHOLIC CHARITIES
$95K
2 grants
WAY TO GROW
$85K
3 grants
MATTHEW 25 MINISTRIES
$80K
2 grants
COMMON BOND
$70K
2 grants
CHILDREN'S HOSPITAL ASSOCIATION
$70K
2 grants

Grant Size Distribution

26 grants

<$10K
$10–50K
16
grants
$50–250K
5
grants
$250K–1M
2
grants
$1–5M
3
grants
$5M+

Geographic Focus

2 states

Minnesota
$7.0M
99% of total
Ohio
$80K
1% of total

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ALFRED A IVERSEN AND FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo