Funder DirectoryFred C and Katherine B Andersen Foundation
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Private foundation (trust)EIN 416020920Est. 1961-03

Fred C and Katherine B Andersen Foundation

Bayport, MN 550031069

Accepts unsolicited proposals

Total Assets

$1.7B

FY 2024

Annual Giving

$59.8M

FY 2024

Grants Made

271

FY 2024

Avg Grant

$221K

FY 2024

Grant Range

$5K–$10.7M

Typical

Deadlines

March 30, june 30, and october 30

Applications

Financial Snapshot

2024 filing

Total Revenue

$71.2M

Total Expenses

$62.3M

Qualifying Distributions

$60.5M

Distributable Amount

$74.0M

Min. Investment Return

$75.0M

Undistributed Income

$72.1M

Payout rate 82%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.82%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

271 grants

Grant sizes from minimum $5K through median $50K to maximum $10.7M, 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

2 years

Giving over time from 2023 to 2024. Peak $59.8M in 2024. Hover bars for details.

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

Top Recipients

500 grants

Mayo Clinic
$16M
2 grants
Northern Star Council Boy Scouts of America
$11.3M
3 grants
Twin Cities Habitat for Humanity
$7M
2 grants
Regions Hospital Foundation
$5.5M
3 grants
St Croix Valley Food Bank
$2.7M
3 grants
CommonBond Communities
$2.6M
2 grants
Presbyterian Homes Foundation
$2.6M
1 grant
Children's Health Care Foundation
$2.3M
4 grants

Grant Size Distribution

500 grants

<$10K
14
grants
$10–50K
248
grants
$50–250K
170
grants
$250K–1M
51
grants
$1–5M
13
grants
$5M+
4
grants

Geographic Focus

14 states

Minnesota
$86.7M
78% of total
Wisconsin
$18.1M
16% of total
Arizona
$2M
2% of total
Texas
$1.9M
2% of total
Iowa
$900K
1% of total
District of Columbia
$500K
0% of total
Georgia
$500K
0% of total
New York
$265K
0% of total
Illinois
$265K
0% of total
Virginia
$100K
0% of total

+4 more states

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Fred C and Katherine B Andersen Foundation — Grants, Financials & Contact | Grantivo