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 2024 filing: $71.2M revenue, $62.3M expenses, $1.7B total assets. IRS filings disclose 1,038 grants awarded by this foundation, totaling roughly $207.4M.

EIN: 416020920 Bayport, MN Latest filing: 2024
Total Revenue$71.2M
Total Expenses$62.3M
Total Assets$1.7B
Grants Given1,038
Grant Total$207.4M
Filing Years2020–2024

Sample Grants Given

Northern Star Council Boy Scouts of America
Fort Snelling, MN · 2024
GENERAL OPERATING
$10,650,000
Mayo Clinic
Rochester, MN · 2024
CAPITAL SUPPORT
$10,000,000
Presbyterian Homes Foundation
Roseville, MN · 2024
CAPITAL CAMPAIGN
$2,600,000
Regions Hospital Foundation
St Paul, MN · 2024
CAPITAL CAMPAIGN
$2,500,000
Solid Ground
White Bear Lake, MN · 2024
PROGRAM OR PROJECT
$1,625,000

Showing up to 5 of 1,038 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

GENERAL SUPPORT
$94,547,120 484 grants
GENERAL OPERATING
$27,159,847 182 grants
Capital Campaign
$21,471,000 32 grants
General Operating
$17,344,967 183 grants
PROGRAM OR PROJECT
$12,057,800 70 grants

Financial Trends

Year Revenue Expenses Assets
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 2024, reported annual revenue grew from $35.6M to $71.2M (+100%), 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.

See the full picture for Fred C and Katherine B Andersen Foundation

Complete financials, all 1,038 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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