Funder DirectoryWALLESTAD FOUNDATION
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Private foundation (trust)EIN 363485265Est. 1987-03

WALLESTAD FOUNDATION

EDINA, MN 55435

Accepts unsolicited proposals

Total Assets

$9.9M

FY 2023

Annual Giving

$443K

FY 2023

Grants Made

18

FY 2023

Avg Grant

$25K

FY 2023

Grant Range

$3K–$200K

Typical

Deadlines

Open / rolling

Applications

Financial Snapshot

2023 filing

Total Revenue

$887K

Total Expenses

$669K

Qualifying Distributions

$485K

Distributable Amount

$457K

Min. Investment Return

$466K

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

18 grants

Grant sizes from minimum $3K through median $5K to maximum $200K, 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 $443K in 2023. Hover bars for details.

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

Top Recipients

74 grants

NATIONAL CHRISTIAN FOUNDATION
$750K
4 grants
NCF
$200K
1 grant
HOPE ACADEMY
$170K
5 grants
HALFTIME INSTITUTE
$150K
2 grants
STAIRSTEP FOUNDATION
$133K
4 grants
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC
$86K
3 grants
MOBILE HOPE
$65K
2 grants
REDEEMER BIBLE CHURCH
$50K
1 grant

Grant Size Distribution

74 grants

<$10K
50
grants
$10–50K
14
grants
$50–250K
10
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

9 states

Minnesota
$880K
45% of total
Georgia
$778K
40% of total
Texas
$155K
8% of total
New York
$91K
5% of total
Colorado
$16K
1% of total
Pennsylvania
$10K
1% of total
Illinois
$10K
1% of total
California
$10K
1% of total
Arizona
$5K
0% of total

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