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
$0$615K$1M$2M$2M20202021202220232024
Metric202420232022
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

$0$535K$1M$2M$2M6 grants20204 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

UNIVERSITY OF ST THOMAS$1.0MSECOND HARVEST HEARTLAND$30KCOMMON BOND$25KWAY TO GROW$25KCHILDREN'S HOSPITAL ASSO…$10K

Grant Size Distribution

25 grants across all recorded years

18<$50K2$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Alfred a Iversen and Family Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALFRED A IVERSENPRESIDENT/DIRECTOR1
MACKENZIE IVERSENDIRECTOR1
EMILY A IVERSENDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

Blue AshEdinaMinneapolisPlymouthSt Paul

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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