Fargo-moorhead Area Foundation
WE HELP DONORS MAXIMIZE THEIR PHILANTHROPY TO CREATE A VIBRANT COMMUNITY FULL OF OPPORTUNITIES FOR EVERYONE.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$126.6M
+15.5% YoY
Annual Giving
$5.6M
-4.0% YoY
Grant Count
178
+23.6% YoY
Avg Grant Size
$32K
-22.3% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $126,644,017 | $109,621,740 | $98,404,628 |
| Revenue | $24,246,172 | $8,034,362 | $5,201,937 |
| Expenses | $9,761,377 | $9,175,156 | $11,250,336 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,496,843 | $1,863,890 | $1,138,700 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
811 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Fargo-moorhead Area Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| APRIL WALKER | IMMEDIATE PAST CHAIR | 2 | — |
| KATRINA TURMAN-LANG | CHAIR | 3 | — |
| TONI SANDIN | VICE CHAIR (UNTIL MAY) | 1 | — |
| GARY NOLTE | TREASURER | 2 | — |
| JOHN STERN | SECRETARY | 1 | — |
| SANDY KORBEL | TRUSTEE REPRESENTATIVE (NON-VOTING) | 1 | — |
| MARILYN GUY | DIRECTOR | 1 | — |
| MATTHEW LEISETH | DIRECTOR | 1 | — |
| BRIAN HAYER | DIRECTOR | 1 | — |
| DON HAUGEN | DIRECTOR | 2 | — |
| SHER THOMSEN | DIRECTOR | 1 | — |
| ERIC WILKIE | EXECUTIVE DIRECTOR | 40 | $199,875 |
| PATRICIA MASTEL | DIRECTOR OF FINANCE | 40 | $129,870 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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