David & Janis Larson Foundation

MINNEAPOLIS, MN EIN: 41-1957525

The David & Janis Larson Foundation is a private family foundation established in 2013 and granted tax-exempt status in March 2015. Based in Minneapolis, Minnesota, the foundation was created to carry out the philanthropic vision of David M. Larson, a retired Cargill executive vice president and University of Minnesota regent who passed away in 2014 at age 70. The foundation operates with the principle that "if a cause is worth supporting today, it's worth supporting in perpetuity."

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$8.4M

+4.9% YoY

Grant Count

45

+25.0% YoY

Avg Grant Size

$186K

-16.1% YoY

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

Mission & Focus Areas

The foundation's grantmaking focuses on:

  • Education
  • Health and Safety
  • Goodwill and Community Development
  • Leadership Development
  • Athletics
  • Historical Preservation
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation operates as a trustee-directed private family foundation without formal grant programs with specified amounts.

Grant Range

$3,500 to $2,200,000

Average Grant

$222,222

Ready to take the next step with David & Janis Larson Foundation?

Geographic Focus

Where this funder awards grants

Primary funding areas include:

  • Minnesota (with emphasis on Minneapolis/St. Paul area)
  • Kansas (with emphasis on Kansas City)
  • Missouri
  • Wisconsin

Grant Distribution by State

6states

Cities

ALEXANDRIACHANHASSENCHULA VISTADENVEREDINAEXCELSIORGLENWOODGOLDEN VALLEYHAMELHUDSONKANSAS CITYLAWRENCELEAWOODLITTLE CANADAMANKATOMINNEAPOLISMINNETONKAMISSIONOVERLAND PARKPRAIRIE VILLAGE

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2023-2024):

  • Total Assets: $136,723,733 to $139,838,749
  • Total Annual Giving: $8,000,000 to $8,390,000
  • Total Revenues (2023): $9,997,119
  • Total Expenses (2023): $8,720,976
  • Investment Income and Dividends (2023): $3,368,450
  • Number of Employees: 1
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$2M$5M$7M$9M12 grants202021 grants202130 grants202236 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE SANNEH FOUNDATION$1.3MKANSAS UNIVERSITY ENDOWM…$1.1MUNIVERSITY OF MINNESOTA …$600KREDWOOD AREA LIBRARY FOU…$500KCENTRAL SQUARE CULTURAL …$350KKANSAS UNIVERSITY ENDOWM…$350KYMCA OF THE NORTH$300KST CROIX VALLEY FOUNDATION$300KPINKY SWEAR FOUNDATION$250KPOPE COUNTY HISTORICAL S…$250K

Grant Size Distribution

144 grants across all recorded years

27<$50K25$50–100K38$100–250K36$250–500K6$500K–1M12$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

The foundation is managed by:

  • Janis "Jani" Larson – Widow of David M. Larson; manages the foundation
  • D. Lance Larson – Son; serves as trustee
  • Reid M. Larson – Son; serves as trustee

Compensation Overview

From 2024 IRS filing

FIRST TRUST CO LLCTRUSTEE$202K

From 2024 filing

NameTitleHoursCompensation
JANIS L LARSONTRUSTEE2
D LANCE LARSONTRUSTEE2
REID M LARSONTRUSTEE20
FIRST TRUST CO LLCTRUSTEE10$202,473

Recent News & Activity

Recent developments and announcements

The foundation has made significant commitments to major national and regional organizations:

2022

**Boys & Girls Clubs of America**: $10 million grant for clubs across the country (2022)

Larson Family Foundation Grants $10M for Boys & Girls Clubs Across the Country

**Three Major Nonprofits**: $90 million commitment announced

**Grand Traverse Regional Community Foundation**: Larson Endowment distributed $615,000 in awards

Community Foundation Awards $615K through Larson Endowment

**University of Central Arkansas**: $500,000 Bridges-Larson Foundation grant

UCA News \u2013 UCA AWARDED $500,000 BRIDGES-LARSON FOUNDATION GRANT

Contact Information

Address: 1055 Wayzata Boulevard East, Wayzata, MN 55391

Phone: (952) 473-3310

Administrative Contact: First Trust Company LLC, 250 Marquette Ave Ste 520, Minneapolis, MN 55401-2165; (651) 330-5910

Subject Areas

Focus areas based on grantmaking activity

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.

What could you do with David & Janis Larson Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities