Asbjornson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $101.2M in total assets. In 2024, it awarded 4 grants totaling $12.0M. Net investment income was $335K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$101.2M
+21793.6% YoY
Annual Giving
$12.0M
+895.9% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$3.0M
+397.9% YoY
Under IRS private-foundation payout rules, Asbjornson Foundation reported a distributable amount of $5.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Asbjornson Foundation
Based on IRS filings
Asbjornson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $101.2M in total assets. In 2024, it awarded 4 grants totaling $12.0M. Net investment income was $335K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $101,245,789 | $462,444 | $1,287,239 |
| Revenue | $101,566,288 | $373,920 | $66,220 |
| Expenses | $11,988,394 | $1,200,104 | $5,326 |
| Qualifying Distributions | $11,981,715 | $1,200,104 | $4,524 |
| Net Investment Income | $335,125 | $73,920 | $65,418 |
| Distributable Amount | $5,324,247 | $578,525 | $469,521 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Central Montana Foundation ($6,000,409), Central Montana Foundation ($3,000,237), Central Montana Foundation ($2,700,049).
| Recipient | Purpose | Amount |
|---|---|---|
| Central Montana Foundation Lewistown, MT | General fund | $250,000 |
| Central Montana Foundation Lewistown, MT | Town of Winifred Airport improvement project fund | $6,000,409 |
| Central Montana Foundation Lewistown, MT | Donation for benefit of multiple charitable funds maintained by Central Montana Foundation | $2,700,049 |
| Central Montana Foundation Lewistown, MT | Donation to funds for the benefit of the Town of Winifred | $3,000,237 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Norman H Asbjornson | Trustee | 1 | — |
| Scott Asbjornson | Trustee | 1 | — |
| Erika Asbjornson | Trustee | 1 | — |
| Erik Asbjornson | Trustee | 1 | — |
| Luke Bomer | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Asbjornson Foundation?
Asbjornson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $101.2M in total assets as of 2024.
How large is Asbjornson Foundation?
As of 2024, Asbjornson Foundation holds $101.2M in total assets with $101.6M in annual revenue. It awarded 4 grants totaling $12.0M in 2024.
Where does Asbjornson Foundation operate?
Asbjornson Foundation has awarded grants in Montana.
What size grants does Asbjornson Foundation award?
In 2024, Asbjornson Foundation awarded 4 grants totaling $12.0M — an average of about $3.0M per grant, based on its IRS Form 990 filings.
How much is Asbjornson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Asbjornson Foundation reported a distributable amount of $5.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Asbjornson Foundation's EIN?
Asbjornson Foundation's EIN (Employer Identification Number) is 73-1582633. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Asbjornson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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