Astrup Family Foundation logo

Astrup Family Foundation

PENNINGTON, NJ EIN: 47-2413421 Website

The Astrup Family Foundation is a 501(c)(3) private independent foundation established in 2014 by Corrine Astrup and her four children (Ann Astrup, Chris Astrup, Dan Astrup, and Susan Astrup Lundquist). The foundation was created to support charitable organizations aligned with the family's values and legacy. The foundation's creation was inspired by the legacy of Leonard Astrup, who founded Astrup Drug in 1952 in Austin, Minnesota, and his wife Corrine, who was passionate about philanthropic giving.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$757K

+15.0% YoY

Grant Count

47

+0.0% YoY

Avg Grant Size

$16K

+15.0% YoY

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

Mission & Focus Areas

The Astrup Family Foundation focuses its giving on five primary areas:

  • Christian Faith — Supporting organizations rooted in Christian values and mission work
  • Family Values — Preserving and strengthening family-centered initiatives
  • Education — Providing opportunities for individuals and groups in educational settings
  • Healthcare — Supporting selected healthcare initiatives, with particular focus on dementia, epilepsy, and mental illness
  • Strong Communities — Building strong communities and assisting those less fortunate, including the poor and homeless

Program Goals

The foundation seeks to:

  • Provide opportunities for individuals and groups in the areas of faith, education, service, and mission
  • Support healthcare initiatives focused on dementia, epilepsy, and mental illness
  • Assist primarily Midwest communities following natural disasters
  • Support programs that strengthen individuals and build strong communities
  • Make a difference for those less fortunate by giving them opportunities they would not otherwise have

Grantmaking

The foundation distributes grants annually to 501(c)(3) organizations and charities nationwide, with a primary focus on the Midwest and communities where the Astrup family business was built and where the family grew up.

Grant Range

Range:** Typical awards range from $1,000 to $142,000.

How to Apply

** Specific application procedures are not detailed in available sources.

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Geographic Focus

Where this funder awards grants

The Astrup Family Foundation prioritizes funding in the Midwest, with particular emphasis on communities connected to the family's business history and upbringing. Geographic areas of focus include:

  • Minnesota
  • South Dakota
  • Mississippi
  • Illinois
  • Rhode Island

The foundation also supports various U.S. cities including Arlington, Austin, and Chicago.

Grant Distribution by State

7states

Cities

ANOKAARLINGTONAUSTINBLOOMING PRAIRIEBLOOMINGTONCALEDONIACHARLOTTESVILLECHASKACHICAGOCLOQUETCORCORANEDINALAKE CITYLE SUEURMANKATOMARSHALLMINNEAPOLISMINNETONKAMOORHEADNORTHFIELD

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $16,019,934
  • Total Revenue: $1,173,300
  • Total Expenses: $822,554
  • Total Giving: $658,056

Asset Growth Over Time:

Year Total Assets Income
2015 $2,841,026 $1,908,626
2016 $3,814,302 $3,303,537
2017 $4,908,893 $3,276,594
2018 $6,164,706 $7,129,981
2019 $7,197,563 $4,504,667
2020 $10,669,223 $13,229,971
2021 $16,396,533 $16,780,227
2022 $15,672,423 $11,572,647
2023 $16,019,934 $4,849,510

The foundation received tax-exempt status in February 2016 and maintains unconditional exemption status.

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$189K$378K$568K$757K1 grants20201 grants20211 grants202247 grants202347 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BEST CHRISTMAS EVER INC$150KALZHEIMER'S DISEASE & RE…$79KHEALTHFINDERS COLLABORAT…$65KRONALD MCDONALD HOUSE UP…$50KSEMESTER AT SEA - SHIPBO…$40KEPILEPSY FOUNDATION OF M…$30KMINNESOTA TEEN CHALLENGE…$28KFARM IN THE DELL OF THE …$25KPAY IT FORWARD INC$25KAMERICAN RED CROSS SE MN…$25K

Grant Size Distribution

97 grants across all recorded years

88<$50K4$50–100K2$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Best Christmas Ever Inc ($150,000), Alzheimer's Disease & Related Disorders ($79,441), Healthfinders Collaborative Inc ($65,000).

RecipientPurposeAmount
ALZHEIMER'S DISEASE & RELATED DISORDERS CHICAGO, ILUNRESTRICTED GENERAL$79,441
HEALTHFINDERS COLLABORATIVE INC NORTHFIELD, MNUNRESTRICTED GENERAL$65,000
CEDAR RIVER RECREATION & FINE ARTS OSAGE, IAUNRESTRICTED GENERAL$10,000
HEALTHY COMMUNITY INITIATIVE (HCI) NORTHFIELD, MNUNRESTRICTED GENERAL$5,000
LAKE CITY ROTARY CLUB LAKE CITY, MNUNRESTRICTED GENERAL$1,000
LE SUEUR FOOD SHELF INC LE SUEUR, MNUNRESTRICTED GENERAL$1,000
NAMI SOUTHEAST MINNESOTA ROCHESTER, MNUNRESTRICTED GENERAL$5,000
AUGSBURG UNIVERSITY MINNEAPOLIS, MNUNRESTRICTED GENERAL$10,000
ABC-ABILITY BUILDING COMMUNITY ROCHESTER, MNUNRESTRICTED GENERAL$5,000
EPILEPSY FOUNDATION OF MINNESOTA INC BLOOMINGTON, MNUNRESTRICTED GENERAL$30,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Directors:

  • Susan Astrup Lundquist — President
  • Chris Astrup — Vice President
  • Dan Astrup — Secretary
  • Ann Astrup

The founding board included Corrine Astrup and three grandchildren. The board currently consists of the four children and three grandchildren, all of whom serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN LUNDQUISTDIRECTOR
CHRIS ASTRUPDIRECTOR
ANN ASTRUPDIRECTOR
DAN ASTRUPDIRECTOR
CORRINE ASTRUPDIRECTOR
ANDREA BECKERDIRECTOR
ANNA LUNDQUISTDIRECTOR
ROBERT ASTRUPDIRECTOR

Recent News & Activity

Recent developments and announcements

The foundation has made notable grants in recent years:

2021

**Samaritan Bethany Foundation** received a $35,000 grant in 2021

Astrup Family Foundation awards Samaritan Bethany Foundation a $35,000 Grant

**Ronald McDonald House** received a "transformational" donation from the foundation

Local family foundation gives 'transformational' donation to Ronald McDonald

**Down Home** received sponsorship support for a move-in event

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Astrup Family Foundation fund?

The Astrup Family Foundation focuses its giving on five primary areas: • **Christian Faith** — Supporting organizations rooted in Christian values and mission work • **Family Values** — Preserving and strengthening family-centered initiatives • **Education** — Providing opportunities for individuals and groups in educational settings • **Healthcare** — Supporting selected healthcare initiatives, with particular focus on dementia, epilepsy, and mental illness • **Strong Communities** — Building …

How do I apply for a grant from Astrup Family Foundation?

The foundation distributes grants annually to 501(c)(3) organizations and charities nationwide, with a primary focus on the Midwest and communities where the Astrup family business was built and where the family grew up. **Grant Size Range:** Typical awards range from $1,000 to $142,000. **Recent Grant Activity:** In 2023, the foundation awarded $658,056 in total grants. **Application Process:** Specific application procedures are not detailed in available sources.

Where does Astrup Family Foundation make grants?

The Astrup Family Foundation prioritizes funding in the Midwest, with particular emphasis on communities connected to the family's business history and upbringing. Geographic areas of focus include: • Minnesota • South Dakota • Mississippi • Illinois • Rhode Island The foundation also supports various U.S. cities including Arlington, Austin, and Chicago.

What size grants does Astrup Family Foundation award?

In 2024, Astrup Family Foundation awarded 47 grants totaling $757K — an average of about $16K per grant, based on its IRS Form 990 filings.

What is Astrup Family Foundation's EIN?

Astrup Family Foundation's EIN (Employer Identification Number) is 47-2413421. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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