Fred M Hector Jr Charitable Trust
Fred M Hector Jr Charitable Trust is a private foundation based in Fargo, North Dakota. Established in 2017, the trust operates as a 501(c)(3) organization dedicated to philanthropic work in the upper Midwest region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.2M
+6.6% YoY
Annual Giving
$663K
+67.6% YoY
Grant Count
40
+29.0% YoY
Avg Grant Size
$17K
+29.9% YoY
Under IRS private-foundation payout rules, Fred M Hector Jr Charitable Trust reported a distributable amount of $923K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Hector Foundation takes pride in improving the lives of those less fortunate in the Fargo–Moorhead metro area. The foundation supports charities operating in or serving the Fargo-Moorhead region.
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation has made 52 grants totaling $741,000 and has supported 26 unique organizations. Recent grantees include:
Average Grant
amount: $14,000
Review Cycle
September 15
How to Apply
**
Ready to take the next step with Fred M Hector Jr Charitable Trust?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Dakota and Minnesota, with a specific emphasis on the Fargo-Moorhead metropolitan area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income (2024):
- Total assets: $19,201,736
- Annual income: $5.4 million
- Total giving: $663,000–$685,000
Assets & Income (2023):
- Total assets: $18,021,056
- Total revenues: $9,692,485
- Total expenses: $486,939
The foundation has experienced significant asset growth, increasing from $8,000 in 2018 to $19.2 million by 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,201,736 | $18,021,056 | $7,663,460 |
| Revenue | $1,866,878 | $9,692,485 | $492,653 |
| Expenses | $947,401 | $486,939 | $424,810 |
| Qualifying Distributions | $684,904 | $399,215 | $385,609 |
| Net Investment Income | $921,852 | $405,427 | $270,826 |
| Distributable Amount | $922,973 | $403,440 | $363,313 |
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
142 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fargo Park District Foundation ($225,000), Fargo Memorial Honor Guard ($40,000), Anne Carlsen Center ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETYKVRR FARGO, ND | PROGRAM SUPPORT | $10,000 |
| ANNE CARLSEN CENTER JAMESTOWN, ND | PROGRAM SUPPORT | $25,000 |
| BELIEVET CANINE SERVICE PARTNERS NORTHFIELD, MN | PROGRAM SUPPORT | $5,000 |
| CHILD EVANGELISM FELLOWSHIP OF ND WEST FARGO, ND | PROGRAM SUPPORT | $1,000 |
| CHRISTIAN ADOPTION SERVICE WEST FARGO, ND | PROGRAM SUPPORT | $10,000 |
| CONNECT AUTISM DILWORTH, MN | PROGRAM SUPPORT | $10,000 |
| DAKOTA BOYS AND GIRLS RANCH FARGO, ND | PROGRAM SUPPORT | $6,000 |
| DEAR NICU MAMA FARGO, ND | PROGRAM SUPPORT | $20,000 |
| DOWN HOME FARGO, ND | PROGRAM SUPPORT | $10,000 |
| FARGO MEMORIAL HONOR GUARD FARGO, ND | PROGRAM SUPPORT | $40,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Keith Ernst serves as Trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH ERNST | TRUSTEE | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced its 2023 grant recipients, continuing its commitment to supporting nonprofits serving the Fargo-Moorhead region.
2023 Grant Recipients! | \nThe Hector Foundation - Fargo, NDSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Fred M Hector Jr Charitable Trust fund?
The Hector Foundation takes pride in improving the lives of those less fortunate in the Fargo–Moorhead metro area. The foundation supports charities operating in or serving the Fargo-Moorhead region. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Fred M Hector Jr Charitable Trust?
**Grant Characteristics:** • Typical award range: $1,000–$225,000 • Median grant amount: $10,000 • Average grant amount: $14,000 • Individual grants have ranged from $5,000 to $125,000 **Recent Grant Activity:** The foundation has made 52 grants totaling $741,000 and has supported 26 unique organizations. Recent grantees include: • Fargo Park District Foundation ($125,000) • Fargo Memorial Honor Guard ($40,000) • Kindred Youth Baseball ($15,000) **Application Process:** • Online application for…
Where does Fred M Hector Jr Charitable Trust make grants?
The foundation primarily funds organizations in North Dakota and Minnesota, with a specific emphasis on the Fargo-Moorhead metropolitan area.
What size grants does Fred M Hector Jr Charitable Trust award?
In 2024, Fred M Hector Jr Charitable Trust awarded 40 grants totaling $663K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Fred M Hector Jr Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fred M Hector Jr Charitable Trust reported a distributable amount of $923K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fred M Hector Jr Charitable Trust's EIN?
Fred M Hector Jr Charitable Trust's EIN (Employer Identification Number) is 82-6127063. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fred M Hector Jr Charitable Trust's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
North Dakota Right to Life Association
BISMARCK, ND
Assets
$164K
Grants
3
Total Given
$26K
Tp Mulick Family Education Foundation
MINOT, ND
Assets
$2.4M
Grants
1
Total Given
$62K
Ronald and Duska LaCount Family
MINOT, ND
Assets
—
Grants
5
Total Given
$3.9M
Fishes and Loaves From Jesus Christ Inc
FARGO, ND
Assets
—
Grants
9
Total Given
$17K
Inspiritus Community Health Foundation
MINOT, ND
Assets
$7K
Grants
47
Total Given
$1.1M
Offutt Family Foundation
FARGO, ND
Assets
$380.7M
Grants
114
Total Given
$9.6M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Fred M Hector Jr Charitable Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Fred M Hector Jr Charitable Trust to a real strategy.