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Filing year 2024

Severson Family Foundation

Saint Louis Park, Minnesota·EIN 20-6326223·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$193k
Total assets
$781k
Total expenses
$193k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Severson Family Foundation reported 5 unpaid officers and board members on its 990-PF.

President
Secretary/treasurer
Director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$174k

Itemized grants

13

Median grant

$4k

RecipientLocationPurposeAmount
First Lutheran ChurchFargo, NDCommunity Benefit$65k
United Way of FargoFargo, NDCommunity Benefit$35k
Rise Early Learning CenterSt Louis Park, MNEarly Childhood Education$29k
Hope Community Development AssociationCedar Rapids, IACommunity Benefit$15k
Pickerel Lake ConservancySioux Falls, SDEnvironmental Conservation$10k
Westwood Lutheran ChurchSt Louis Park, MNCommunity Benefit$7k
Habitat for HumanitySioux Falls, SDCommunity Benefit$4k
The BanquetSioux Falls, SDCommunity Benefit$4k
Sioux Falls Area Humane SocietySioux Falls, SDCommunity Benefit$2k
Big Paws CanineHartford, SDCommunity Benefit$1k
First Tee South DakotaSioux Falls, SDCommunity Benefit$1k
The Furniture MissionSioux Falls, SDCommunity Benefit$1k
CommonBond CommunitiesSt Paul, MNAffordable Housing$270
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Severson Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$365k
$376k
2023
$193k
$193k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

Severson Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about Severson Family Foundation

What are Severson Family Foundation's revenue and expenses?

In 2024, Severson Family Foundation reported $193k in total revenue and $193k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.