Before you apply to Fred C and Katherine B Andersen Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Private Foundation
Fred C and Katherine B Andersen Foundation
Fred C and Katherine B Andersen Foundation is a Private Foundation headquartered in Bayport, MN. Financial data from the 2025 filing: $80.7M revenue, $76.1M expenses, $1.7B total assets. IRS filings disclose 1,328 grants awarded by this foundation, totaling roughly $279.9M.
EIN: 416020920
Bayport, MN
Latest filing: 2025
Total Revenue$80.7M
Total Expenses$76.1M
Total Assets$1.7B
Grants Given1,328
Grant Total$279.9M
Filing Years2020–2025
Sample Grants Given
Northern Star Council Boy Scouts of America
GENERAL OPERATING
$7,710,000
Mayo Clinic
CAPITAL SUPPORT
$6,000,000
St Croix Valley Food Bank
CAPITAL CAMPAIGN
$4,525,000
St Croix Valley Foundation
PROGRAM OR PROJECT
$4,131,500
Osceola Medical Center
GENERAL OPERATING
$3,600,000
Showing up to 5 of 1,328 total records — full history available with membership.
Officers & Directors
DIRECTOR
David M Erspamer
VP/TREASURER (TERM 5/2022)
Gregory L Benson
DIRECTOR
John D Piepel
VP/TREASURER
Keith Olson
VP/SECRETARY
Mary Gillstrom
PRESIDENT
Peter Clements
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $80.7M | $76.1M | $1.7B |
| 2024 | $71.2M | $62.3M | $1.7B |
| 2023 | $54.4M | $54.3M | $1.5B |
| 2022 | $55.3M | $57.0M | $1.1B |
| 2020 | $35.6M | $41.3M | $1.0B |
Between 2020 and 2025, reported annual revenue grew from $35.6M to $80.7M (+127%), with total assets most recently reported at $1.7B.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AZ, CA, CO, DC, FL, GA, and 4 other states.
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Full geographic grant map with state-by-state breakdown available with membership.