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
Under IRS private-foundation payout rules, Farstad Foundation reported a distributable amount of $833 for 2021 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2021 grants, the largest include Souris Valley Animal Shelter ($150,000), Dakota Territory Air Museum ($25,000), Turtle Mountain Animal Rescue ($2,959).
| Recipient | Purpose | Amount |
|---|---|---|
| DAKOTA TERRITORY AIR MUSEUM MINOT, ND | GENERAL OPERATIONS AND SCHOLARSHIPS. | $25,000 |
| SOURIS VALLEY ANIMAL SHELTER MINOT, ND | TO PROVIDE SUPPORT FOR NEW BUILDING. | $150,000 |
| TURTLE MOUNTAIN ANIMAL RESCUE ROLLA, ND | GENERAL OPERATIONS. | $2,959 |
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
Frequently Asked Questions
What is Farstad Foundation?
Farstad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. It holds — in total assets as of 2021.
Where does Farstad Foundation operate?
Farstad Foundation has awarded grants in North Dakota.
What size grants does Farstad Foundation award?
In 2021, Farstad Foundation awarded 3 grants totaling $178K — an average of about $59K per grant, based on its IRS Form 990 filings.
How much is Farstad Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Farstad Foundation reported a distributable amount of $833 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farstad Foundation's EIN?
Farstad Foundation's EIN (Employer Identification Number) is 81-3844675. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Farstad Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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