Private Foundation

CLB FOUNDATION

CLB FOUNDATION, of EXCELSIOR, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.8M in revenue, $1.9M in expenses, $24.1M in total assets. IRS filings disclose 81 grants awarded by this foundation, totaling roughly $4.6M.

EIN: 811617742 EXCELSIOR, MN Latest filing: 2025
Total Revenue$5.8M
Total Expenses$1.9M
Total Assets$24.1M
Grants Given81
Grant Total$4.6M
Filing Years2021–2025

Sample Grants Given

HERITAGE CHRISTIAN ACADEMY
MAPLE GROVE, MN · 2025
TUITION SPONSORSHIP
$250,000
HOPE ACADEMY
MINNEAPOLIS, MN · 2025
TUITION SPONSORSHIP
$162,000
CHAPEL HILL ACADEMY
CHANHASSEN, MN · 2025
TUITION SPONSORSHIP
$100,000
LIBERTY CLASSICAL ACADEMY
WHITE BEAR LAKE, MN · 2025
TUITION SPONSORSHIP
$100,000
SOUTHWEST CHRISTIAN HIGH SCHOOL
CHASKA, MN · 2025
TUITION SPONSORSHIP
$100,000

Showing up to 5 of 81 total records — full history available with membership.

Officers & Directors

PRESIDENT/TREASURER Carl R Bergquist
DIRECTOR Carolynn Krings
VICE PRESIDENT Elizabeth Bergquist
DIRECTOR Jay Thorsland
EXECUTIVE DIRECTOR/SECRETARY Ken Rude

Officer compensation and complete director data available with membership.

Top Grant Purposes

TUITION SPONSORSHIP
$2,246,064 20 grants
PROGRAM SPONSORSHIP & HURRICANE RELIEF FUND
$220,000 1 grant
Fund Outreach Programs
$175,000 3 grants
EDUCATION
$152,500 4 grants
Fund Building Growth Plan
$150,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.8M $1.9M $24.1M
2024 $7.7M $1.4M $17.5M
2023 $3.1M $926K $9.8M
2022 $144K $504K $7.6M
2021 $357K $278K $8.8M

Between 2021 and 2025, reported annual revenue grew from $357K to $5.8M (+1524%), with total assets most recently reported at $24.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, FL, IA, KY, MI, MN, and 2 other states.

CAFLIAKYMIMNNCWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CLB FOUNDATION

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