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EIN 41-6020920

Fred C and Katherine B Andersen Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Bayport
State
Minnesota
Year formed
1961
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Fred C and Katherine B Andersen Foundation is a private foundation that focuses on Tactors. The foundation made $18.3 million in grants last year and has a total assets of $706 million.
Total revenues
$54,405,407
2023
Total expenses
$54,327,950
2023
Total assets
$1,470,022,817
2023
Num. employees
1
2023

Grants made by Fred C and Katherine B Andersen Foundation

GranteeGrant descriptionAmount
Mayo ClinicCapital Support$6,000,000
Habitat for Humanity - Twin Cities HFHGeneral Operating$6,000,000
Commonbond CommunitiesCapital Campaign$2,500,000
...and 214 more grants made totalling $39,966,988

Personnel at Fred C and Katherine B Andersen Foundation

NameTitleCompensation
Mary GillstromVice President and Secretary$86,365

Financials for Fred C and Katherine B Andersen Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$36,380,960
Net rental income$0
Net gain from sale of non-inventory assets$18,024,447
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$54,405,407

Form 990s for Fred C and Katherine B Andersen Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-09-18990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-03-01990PFView PDF
...and 8 more Form 990s

Organizations like Fred C and Katherine B Andersen Foundation

OrganizationLocationRevenue
Town Pump Charitable FoundationButte, MT$13,995,416
Sterling Foundation ManagementReston, VA$14,476,656
Moccasin Lake FoundationWilmington, DE$39,340,549
Wonderful Life FoundationWest Palm Beach, FL$21,461,686
M&T Charitable FoundationBuffalo, NY$21,330,405
Paul G. Allen Family FoundationSeattle, WA$115,479,539
Elevance Health FoundationIndianapolis, IN$53,899,936
Blavatnik Family FoundationNew York, NY$122,781,436
Keybank FoundationCleveland, OH$25,863,883
The Kovner FoundationJupiter, FL$16,075,297
Data update history
October 28, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 24, 2023
Used new vendors
Identified 1 new vendor, including
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 6, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
PO Box 80
Bayport, MN 55003
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
fredckatherinebandersenfoundation.org/ 
Phone
(651) 264-7355
IRS details
EIN
41-6020920
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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