Andersen Corporate Foundation

BAYPORT, MN EIN: 41-6020912

The Andersen Corporate Foundation is a private foundation based in Bayport, Minnesota, serving as the philanthropic arm of Andersen Corporation. Incorporated in 1941 and tax-exempt since March 1944, the foundation provides grants to nonprofits addressing critical community needs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.5M

+1.3% YoY

Grant Count

162

+1.9% YoY

Avg Grant Size

$16K

-0.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To better people's lives and strengthen communities, focusing primarily where Andersen employees live and work.

Primary funding areas include:

  • Affordable housing
  • Health and safety
  • Education and youth development
  • Human services
  • Civic support
  • Arts and culture
  • Science, technology, engineering, and mathematics (STEM)
  • Community and economic development
  • Public safety
  • Sports

The foundation also supports programs serving children and youth, adults, older adults, economically disadvantaged individuals, victims of violence or disasters, and people with disabilities.

Grantmaking

The foundation has established proposal deadlines with board review schedules:

Grant Range

s:** Typical awards range from $1,000 to $250,000.

Review Cycle

with board review schedules:

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily supports programs in Minnesota, Wisconsin, and Iowa, with particular emphasis on communities where Andersen employees live and work. Funding also reaches numerous cities across the United States, including Boston, Dallas, Detroit, Minneapolis, and Philadelphia.

Grant Distribution by State

19states
+11 more states

Cities

AMERYAMESAURORAAmesAvondaleBARABOOBAYPORTBEDFORDBOSTONBRANCHBROOKLYN CENTERBROOKLYN PARKBURNSVILLEBaldwinBayportBloomerBloomfield HillsBloomingtonBostonBrooklyn Center

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending November 2024:

  • Total assets: $54,635,606
  • Total revenues: $4,280,378
  • Total expenses: $2,987,398
  • Net income: $1,292,980
  • Total liabilities: $0

Historical context: The foundation has donated over $74 million to worthy causes to date.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$630K$1M$2M$3M146 grants2020128 grants2021156 grants2022159 grants2023162 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Twin Cities Habitat for …$250KGreater Des Moines Habit…$50KSt Croix Valley Habitat …$50KTubman$50KAmerican Red Cross - Min…$50KSolid Ground$35KDunwoody College of Tech…$30KEmma Norton Services$25KSt Croix Valley Habitat …$20KBuilding Strong Communit…$20K

Grant Size Distribution

250 grants across all recorded years

224<$50K16$50–100K8$100–250K2$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Andersen Corporate Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Mr. Keith Olson

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

The foundation has announced multiple grant distributions in recent years:

Andersen Corporate Foundation announces grant recipients
2025

2025: $1.9 million in donations announced

Andersen Corporate Foundation Announces $1.9 Million in Donations
2024

Fall 2024: $1.2 million in donations announced

Andersen Corporate Foundation Announces $1.9 Million in Donations
2024

2024: Over $1.17 million in donations announced

Andersen Corporate Foundation Announces $1.9 Million in Donations

Recent grant announcements have highlighted support for healthcare infrastructure, community food security, and affordable housing initiatives across the foundation's service region.

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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