Farstad Foundation
Farstad Foundation is a private foundation, based in Minot, ND. IRS filing data is available from 2020 through 2021. In 2021, it awarded 3 grants totaling $178K.
Farstad Foundation at a glance
In short: Farstad Foundation gave $178K across 3 grants in 2021 (avg $59K), mostly in North Dakota. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $177,959
- +2.9% vs 2020
- Grants made (2021)
- 3
- +0.0% vs 2020
- Average grant
- $59,320
- +2.9% vs 2020
- Median grant
- $25,000
- Primary geography
- North Dakota (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Farstad Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
The largest 2021 recipient was Souris Valley Animal Shelter ($150K). Together the top 3 received $178K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 3 itemized grants.
States
Cities
How Farstad Foundation gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $173K (2020) to $178K (2021). In 2021 it made 3 grants totaling $178K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Souris Valley Animal Shelter Minot, ND | To Provide Support for New Building. | $150,000 |
| Dakota Territory Air Museum Minot, ND | General Operations and Scholarships. | $25,000 |
| Turtle Mountain Animal Rescue Rolla, ND | General Operations. | $2,959 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | — | $145,000 | $183,407 | $177,959 | 3 | $177,959 | $833 |
| 2020 | $38,407 | $215,985 | $179,779 | $173,000 | 3 | — | $37,642 |
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.
Leadership & Key People
Officers and directors from IRS filings
Farstad Foundation is led by Jeffery Farstad, President on every filing since 2020; none of the 5 officers listed in 2021 report compensation.
Officers on the 2021 filing
Jeffery Farstad
President
On filings since 2020
1 hr/week
No compensation reported
Kathy Farstad
Director
On filings since 2020
1 hr/week
No compensation reported
Shane Farstad
Director
On filings since 2020
1 hr/week
No compensation reported
Teresa Coleman
Director
On filings since 2020
1 hr/week
No compensation reported
Christine Jaeger
Secretary & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Farstad Foundation
How much does Farstad Foundation give each year?
Farstad Foundation gave $178K across 3 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $173K across 3 grants.
What is Farstad Foundation's typical grant size?
Farstad Foundation's median grant in 2021 was $25,000, and its average grant was $59,320, across 3 grants on its 2021 IRS Form 990-PF.
Where does Farstad Foundation give grants?
Farstad Foundation gives mostly in North Dakota: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minot, ND (2 grants).
Does Farstad Foundation give general operating support?
Yes: 67% of Farstad Foundation's 2021 grants with a stated purpose (2 of 3) were for general or operating support, per its 2021 IRS Form 990-PF.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
Live grants for the work Farstad Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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