Alfred a Iversen and Family Foundation
CRYSTAL BAY, MN EIN: 04-3781038
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$5.0M
+19.4% YoY
Annual Giving
$1.1M
-4.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$218K
-4.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,993,410 | $4,180,855 | $3,395,484 |
| Revenue | $2,021,856 | $2,008,187 | $164,145 |
| Expenses | $1,209,301 | $1,222,816 | $2,236,991 |
| Qualifying Distributions | $1,090,000 | $1,135,000 | $2,139,500 |
| Net Investment Income | $170,450 | $1,048,760 | $124,165 |
| Distributable Amount | $662,508 | $532,466 | $613,581 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Alfred a Iversen and Family Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFRED A IVERSEN | PRESIDENT/DIRECTOR | 1 | — |
| MACKENZIE IVERSEN | DIRECTOR | 1 | — |
| EMILY A IVERSEN | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $6.7M (99%)
Ohio $40K (1%)
Cities
Blue AshEdinaMinneapolisPlymouthSt Paul
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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