Severson Family Foundation

Organization Overview

Severson Family Foundation is located in Saint Louis Park, MN. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Severson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Severson Family Foundation generated $169.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $212.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Severson Family Foundation has awarded 168 individual grants totaling $1,413,913. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $31,446
Interest on Savings $0
Dividends & Interest $42,284
Net Rental Income$0
Net Gain on Sale of Assets $95,446
Capital Gain Net Income $95,446
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $169,176

Grants Awarded

Over the last fiscal year, Severson Family Foundation has awarded $193,100 in support to 13 organizations.

Grant RecipientAmount

FIRST LUTHERN CHURCH

Org PageRecipient Profile

Fargo, ND

PURPOSE: COMMUNITY BENEFIT

$102,500

UNITED WAY

PURPOSE: COVID FUND

$40,000

WESTWOOD LUTHERAN CHURCH

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: COMMUNITY BENEFIT

$23,500

RISE EARLY LEARNING CENTER

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: COMMUNITY BENEFIT

$10,000

SECOND HARVEST HEARTLAND

PURPOSE: COMMUNITY BENEFIT

$5,500

THE BANQUET

PURPOSE: COMMUNITY BENEFIT

$4,000
View Grant Profile

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