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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 and Director$97,294

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
Larry H Miller and Gail Miller Family FoundationSandy, UT$81,934,660
Goldring Family FoundationMetairie, LA$40,304,263
Musk FoundationAustin, TX$20,491,653
The Chisholm FoundationLaurel, MS$35,435,117
MidAmerican Energy FoundationDes Moines, IA$25,762,887
Bravo Family Charitable FoundationMiami, FL$19,078,243
The Kovner FoundationJupiter, FL$43,099,460
Harold Alfond FoundationPortland, ME$110,997,249
Agustin A Ramirez JR Family FoundationMilwaukee, WI$16,100,549
Steven and Alexandra Cohen FoundationStamford, CT$138,232,432
Data update history
January 28, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
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
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
County
Washington County, MN
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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