Farstad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $178K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$178K
+2.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$59K
+2.9% YoY
About Farstad Foundation
Based on IRS filings
Farstad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $178K.
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 | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $38,407 |
| Revenue | $145,000 | $215,985 |
| Expenses | $183,407 | $179,779 |
| Qualifying Distributions | $177,959 | — |
| Net Investment Income | — | — |
| Distributable Amount | $833 | $37,642 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFERY FARSTAD | PRESIDENT | 1 | — |
| CHRISTINE JAEGER | SECRETARY/TREASURER | 5 | — |
| KATHY FARSTAD | DIRECTOR | 1 | — |
| SHANE FARSTAD | DIRECTOR | 1 | — |
| TERESA COLEMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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