Charlson Foundation

EDINA, MN EIN: 41-1313302

The Charlson Foundation is a private foundation established in 1977 and based in Edina, Minnesota. The foundation focuses its grantmaking on children, youth, and families, with particular emphasis on programs serving low-income populations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$385K

+16.7% YoY

Grant Count

15

-16.7% YoY

Avg Grant Size

$26K

+40.0% YoY

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

Mission & Focus Areas

The foundation prioritizes giving to programs that:

  • Help individuals overcome multiple obstacles through integrated, wrap-around arrays of services
  • Focus on prevention and long-term solutions
  • Have established provisions for measurable outcomes
  • Can demonstrate past success
  • Serve low-income populations

Primary funding interests include children, youth, and families support, with additional focus areas including women in technology careers, racial equity, and pathways programs.

Grantmaking

The foundation supports general operations of charities as well as specific programs and capital campaigns.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in the Minneapolis and St. Paul, Minnesota area, with additional focus on Northeast Minnesota.

Grant Distribution by State

3states

Cities

AnnandaleAnnapolisBloomingtonDuluthEden PrairieEdinaFaribaultGlenwood SpringsHopkinsMinneapolisMinnetonkaRifleRosevilleSt Louis ParkSt Paul

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $6,309,276
  • Total revenues: $587,063
  • Total expenses: $454,322
  • Investment income and dividends: $145,931
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$256K$511K$767K$1M44 grants202027 grants202115 grants202218 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cornerstone$40KTrue Friends$40KHealthFinders Collaborat…$35KVEAP$30KVail Place$30KNormandale Community Col…$30KWashburn Center for Chil…$25KImmigrant Law Center of MN$25KBefore Racism$25KSTEP$25K

Grant Size Distribution

119 grants across all recorded years

116<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Karen McElrath serves as President of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Leslie StilesPresident4
Karen McElrathSecretary3
Thomas StilesDirector0.5
Katie McElrathDirector0.5
Ryan McElrathDirector0.5

Contact Information

Address: 5275 Edina Industrial Blvd, Edina, MN 55439-2918

Phone: 952-938-6968

EIN: 41-1313302

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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