Private foundation · EIN 04-3781038 · Crystal Bay, Minnesota · Philanthropy & grantmaking

Alfred a Iversen and Family Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 5 grants paid, $1.1M total, median $25K. 100% of grants stayed in Minnesota.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
5
$1.1M
Median grant
$25K
Stays in MN
100%
of grants
Deadline
—
Assets
$5.0M

Grants paid in 2024

5 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
University of St ThomasSt Paul, MNProgram support$1.0M
Second Harvest HeartlandSt Paul, MNProgram support$30K
Common BondSt Paul, MNProgram support$25K
Way to GrowMinneapolis, MNProgram support$25K
Children's Hospital AssociationMinneapolis, MNProgram support$10K

About this foundation

Alfred a Iversen and Family Foundation is a private grantmaking foundation in Crystal Bay, Minnesota, administered in care of Alfred a Iversen, tax-exempt since 2004. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Alfred a Iversen and Family Foundation accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Alfred a Iversen and Family Foundation give each year?

In tax year 2024 it paid $1.1M across 5 grants, a median of $25K.

Where does Alfred a Iversen and Family Foundation give?

Minnesota (5 grants), per its latest filing.

More foundations near Crystal Bay that accept applications

All in Minnesota
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
McKnight Foundationsince 1994 Minneapolis, MN $146M790 grants · 2024 $100KYes $2.7B
Otto Bremer Trustsince 1949 Saint Paul, MN $57M180 grants · 2025 $150KYes $1.7B
Bush Foundationsince 1972 St Paul, MN $54M148 grants · 2024 $150KYes $1.4B
Fred C and Katherine B Andersen Foundationsince 1961 Bayport, MN $73M290 grants · 2025 $75KYes $1.5B
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