Fred C and Katherine B Andersen Foundation
The Fred C and Katherine B Andersen Foundation is a private foundation based in Bayport, Minnesota. Established in 1959, it makes charitable grants to help build thriving communities, with a primary focus on the St. Croix Valley in Minnesota and Wisconsin.
Fred C and Katherine B Andersen Foundation at a glance
In short: Fred C and Katherine B Andersen Foundation gave $72.5M across 290 grants in 2025 (avg $250K), mostly in Minnesota. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $72,515,525
- +21.3% vs 2024
- Grants made (2025)
- 290
- +7.0% vs 2024
- Average grant
- $250,054
- +13.4% vs 2024
- Median grant
- $75,000
- Total assets
- $1,716,504,347
- +2.6% vs 2024
- New grantees (estimate)
- 13% first-time grantees (37 of 289, 2025)
- Primary geography
- Minnesota (61% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fred C and Katherine B Andersen Foundation
- How to Apply
-
The foundation accepts online applications. Previous grantees are asked to register and apply through the online process; new applicants must register and answer questions about organizational priorities and service areas to confirm eligibility. Applicants should describe the specific need or opportunity, summarize activities, show alignment with the foundation’s mission, and explain community impact. Organizations seeking funding must be 501(c)(3) public nonprofits. The foundation does not fund individuals, political campaigns, sponsorships, or lobbying activities, and endowment funding is outside its guidelines.
- Review Cycle
- The website lists application deadlines of March 30, June 30, and September 30. The foundation’s 2025 filing lists March 30, June 30, and October 30.
- Deadline
- The website lists application deadlines of March 30, June 30, and September 30.
- Contact
Application contact: Kim Borton
Mailing address: PO Box 80, Bayport, MN 55003
Phone: (651) 264-7355
Website: https://fredckatherinebandersenfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Fred C and Katherine B Andersen Foundation
Who Fred C and Katherine B Andersen Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Northern Star Council Boy Scouts of America ($7.7M). Together the top 10 received $31.3M.
Grant Size Distribution
1,309 grants across all recorded years
The most common grant size was under $50K: 630 grants of 1,309 (48%).
Geographic Focus
Where this funder awards grants
The foundation primarily serves St. Croix Valley communities, including Washington, Chisago, and eastern Ramsey counties in Minnesota, and Polk, St. Croix, and Pierce counties in Wisconsin. It prioritizes organizations providing needed services in this area and asks applicants to provide service numbers specific to the region. Its 2025 grants went primarily to recipients in Minnesota (61% of grant dollars) and Wisconsin (34%); smaller shares went to recipients in Texas, Arizona, and Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 290 itemized grants.
States
Cities
Is Fred C and Katherine B Andersen Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 37 of 289 grantees (13%) were first-time recipients. First grants averaged $126K; repeat grants $269K. How we count
Medians: $50K first-time, $75K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- Giving grew 32% from 2022 to 2025. Method
- In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $40.2M (2020) to $72.5M (2025). In 2025 it made 290 grants totaling $72.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northern Star Council Boy Scouts of America Fort Snelling, MN | General Operating | $7,710,000 |
| Mayo Clinic Rochester, MN | Capital Support | $6,000,000 |
| St Croix Valley Food Bank Hudson, WI | Capital Campaign | $4,525,000 |
| St Croix Valley Foundation Hudson, WI | Program or Project | $4,131,500 |
| Osceola Medical Center Osceola, WI | General Operating | $3,600,000 |
| CommonBond Communities St. Paul, MN | General Operating | $1,150,000 |
| Science Museum of Minnesota St. Paul, MN | General Operating | $1,125,000 |
| Community Dental Care Maplewood, MN | General Operating | $1,030,000 |
| Allina Health Foundation Minneapolis, MN | Program or Project | $1,000,000 |
| Amery Regional Medical Center Amery, WI | Capital Campaign | $1,000,000 |
Ready to take the next step with Fred C and Katherine B Andersen Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,716,504,347 | $80,720,890 | $76,054,378 | $72,515,525 | 290 | $73,888,337 | $79,709,848 | $82,432,243 |
| 2024 | $1,673,338,615 | $71,234,857 | $62,298,755 | $59,767,042 | 271 | $60,515,539 | $70,401,641 | $74,044,086 |
| 2023 | $1,470,022,817 | $54,405,407 | $54,327,950 | $52,399,288 | 282 | $52,724,411 | $53,625,046 | $61,310,902 |
| 2022 | $1,056,320,671 | $55,268,450 | $56,973,503 | $55,018,510 | 213 | $55,245,126 | $54,380,073 | $52,549,280 |
| 2021 | $1,210,701,778 | $63,445,932 | $46,545,545 | $44,106,147 | 253 | $44,317,720 | $62,700,085 | $57,528,282 |
| 2020 | $1,036,739,177 | $35,572,266 | $41,335,249 | $40,228,610 | 272 | — | $34,755,428 | $42,358,720 |
Under IRS private-foundation payout rules, Fred C and Katherine B Andersen Foundation reported a distributable amount of $82.4M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to provide resources to nonprofit organizations that build thriving communities and improve quality of life, primarily in the St. Croix Valley. Its website describes a founding commitment to helping underserved and under-resourced communities.
Funding priorities include healthcare, medical research, mental and chemical health, hospitals, housing, education and youth education, human services, basic needs, food insecurity, employment, civic initiatives, and environmental education. The foundation welcomes requests for general operations, programs, or projects; it may consider capital requests on a more limited basis.
Its 2025 grantees illustrate the range of organizations supported. Mayo Clinic describes its mission as providing patient care, education, and research to contribute to health and well-being. CommonBond Communities says it builds stable homes, strong futures, and vibrant communities through affordable housing and services. Community Dental Care describes its work as providing community oral health care and advocating for access. The Science Museum of Minnesota says its mission is to inspire learning, inform policy, and improve lives.
Grantmaking
In 2025, the foundation awarded 290 grants totaling $72,515,525. Grant amounts ranged from $1,000 to $7,710,000, with a median of $75,000.
Among its largest 2025 awards were $7,710,000 to Northern Star Council Boy Scouts of America for general operating support; $6,000,000 to Mayo Clinic for capital support; $4,525,000 to St Croix Valley Food Bank for a capital campaign; and $4,131,500 to St Croix Valley Foundation for a program or project. Other large awards included $3,600,000 to Osceola Medical Center for general operating support and $1,150,000 to CommonBond Communities for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation announced Aretha Green-Rupert as its Vice President of Programs. In that role, she will help shape program strategy, develop program priorities, refine grantmaking practices and systems, and support the foundation’s impact.
Fred C and Katherine B Andersen Foundation is led by Kim Borton, President on every filing since 2024; 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kim Borton
President
On filings since 2024
40 hrs/week
$185K (2024) → $322K (2025)
Peter Clements
Board Chair
Director → President, 2021
President → Board Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Vern J. Hill
Director
On filings since 2020
1 hr/week
No compensation reported
Jack D PIEPEL
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jay Lund
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jennifer Anderson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Keith Olson
Vice Chair
Vice President & Treasurer Term → Vice President & Treasurer, 2022
Vice President & Treasurer → Vice Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
Tracey Galowitz
Secretary
Director Term → Director, 2022
Director → Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (5)
- Former: David M. Erspamer (2020–2024) — Director
- Former: John D. Piepel (2020–2024) — Director
- Former: Mary Gilstrom (2020–2024) — Secretary
- Former: Gregory L. Benson (2020–2022) — Vice President & Treasurer
- Former: Jerold W. Wulf (2020–2021) — President Term
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $322K, to Kim Borton (President).
Frequently asked questions about Fred C and Katherine B Andersen Foundation
How much does Fred C and Katherine B Andersen Foundation give each year?
Fred C and Katherine B Andersen Foundation gave $72.5M across 290 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59.8M across 271 grants.
What is Fred C and Katherine B Andersen Foundation's typical grant size?
Fred C and Katherine B Andersen Foundation's median grant in 2025 was $75,000, and its average grant was $250,054, across 290 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Fred C and Katherine B Andersen Foundation that year got $126K on average.
Where does Fred C and Katherine B Andersen Foundation give grants?
Fred C and Katherine B Andersen Foundation gives mostly in Minnesota: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (34%). The most frequent recipient cities were Saint Paul, MN (64 grants), Minneapolis, MN (41 grants), Stillwater, MN (20 grants) and Hudson, WI (16 grants).
Does Fred C and Katherine B Andersen Foundation give general operating support?
Yes: 77% of Fred C and Katherine B Andersen Foundation's 2025 grants with a stated purpose (223 of 290) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Program or Project" (57 grants) and "Capital Campaign" (9 grants).
Who are Fred C and Katherine B Andersen Foundation's largest grantees?
Fred C and Katherine B Andersen Foundation's largest 2025 grantees include Northern Star Council Boy Scouts of America ($7,710,000), Mayo Clinic ($6,000,000) and St Croix Valley Food Bank ($4,525,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is Fred C and Katherine B Andersen Foundation?
Fred C and Katherine B Andersen Foundation reported $1.7B in total assets on its 2025 IRS Form 990-PF. It paid out $73.9M in qualifying distributions that year, against a required minimum of $82.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Fred C and Katherine B Andersen Foundation fund?
The foundation’s stated mission is to provide resources to nonprofit organizations that build thriving communities and improve quality of life, primarily in the St. Croix Valley. Its website describes a founding commitment to helping underserved and under-resourced communities. See mission & focus areas ↑
How do I apply for a grant from Fred C and Katherine B Andersen Foundation?
The foundation accepts online applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Fred C and Katherine B Andersen Foundation's EIN?
Fred C and Katherine B Andersen Foundation's EIN (Employer Identification Number) is 41-6020920. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Fred C and Katherine B Andersen Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/fred-c-and-katherine-b-andersen-foundation-morg_bfe7e0e668244b0db8d2542a6b7f588d
BibTeX
@misc{grantable_416020920_2026,
author = {{Grantable}},
title = {{Fred C and Katherine B Andersen Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fred-c-and-katherine-b-andersen-foundation-morg_bfe7e0e668244b0db8d2542a6b7f588d},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Fred C and Katherine B Andersen Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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