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    Fred C and Katherine B Andersen Foundation

    Supporting OrganizationIRS data 2022–2024
    Bayport, MNEIN 416020920 Website

    Annual Giving

    $59.8M+14% YoY

    Grants

    271

    Median Grant

    $50K

    Organizations Funded

    273

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    Foundation Overview

    Mission

    The Mission of the Foundation is to provide resources to nonprofit organizations that build thriving communities and improve the quality of life primarily in the St. Croix Valley geographic region of Minnesota and Wisconsin. With the goal of being a guiding hand and supporter of community health and stability, the founders believed in the importance of helping the underserved and under-resourced and in being a quiet leader in building healthy strong communities.

    Focus Areas

    hospitals and medical centerschildren's healthcarecancer carebehavioral health and addiction treatmentfood banks and food securityaffordable housing and homeownershiphomelessness and shelter servicessenior services and senior living

    Grant Types

    capital campaigngeneral operatingprogram or projectcapital support

    Funded Initiatives

    The Foundation has established a focused set of priorities and welcomes requests for general operations, programs, or projects. Capital requests may be considered on a more limited basis. Foundation began offering online grant applications in 2023.

    How to Apply

    Beginning in 2023, The Fred C. & Katherine B. Andersen Foundation is pleased to extend the opportunity to apply for grant funding online. Please register in the portal and confirm eligibility by answering questions about organizational priorities and service areas. Contact info@fkandersen.org or (651-583-8485) for program questions.

    Does Not Fund

    The Foundation does not provide funding for endowments, individuals, political campaigns, sponsorships, or lobbying activities. Geographic limitations to St. Croix Valley region though consideration may be given to organizations outside the footprint if they deliver services addressing funding priorities.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024+14%

    $59.8M

    Grants

    271

    Median

    $50K

    States

    13

    2023-5%

    $52.4M

    Grants

    282

    Median

    $50K

    States

    11

    2022

    $55.0M

    Grants

    213

    Median

    $35K

    States

    8

    Grant Size Distribution

    $50K

    Typical Grant (Median)

    $5K

    Smallest

    $25K

    25th Pctile

    $125K

    75th Pctile

    $10.7M

    Largest

    Excludes grants ≤ $5K. Half fall between $25K and $125K.

    Largest Recent Grants

    $10.7M

    2024

    Northern Star Council Boy Scouts of America

    MN · GENERAL OPERATING

    $10.0M

    2024

    Mayo Clinic

    MN · CAPITAL SUPPORT

    $2.6M

    2024

    Presbyterian Homes Foundation

    MN · CAPITAL CAMPAIGN

    $2.5M

    2024

    Regions Hospital Foundation

    MN · CAPITAL CAMPAIGN

    $1.6M

    2024

    Solid Ground

    MN · PROGRAM OR PROJECT

    Geographic Focus

    MN
    $47.7M187 grants
    WI
    $8.2M51 grants
    AZ
    $1.0M6 grants
    TX
    $950K6 grants
    DC
    $500K1 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $1.7B
    $59.8M(3.6%)
    2023
    $1.5B
    $52.4M(3.6%)
    2022
    $1.1B
    $55.0M(5.2%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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