Halvorsen Family Foundation

Foundation · Grantmaker Stamford, CT EIN: 06-1603158

The Halvorsen Family Foundation is a private family foundation established in 2000 and based in Stamford, Connecticut. It operates as a 501(c)(3) organization classified under philanthropy, voluntarism, and grantmaking foundations. The foundation takes a highly selective, proactive approach to grantmaking, focusing primarily on organizations with personal connections to the Halvorsen family rather than accepting unsolicited applications.

Key facts about Halvorsen Family Foundation

EIN
06-1603158
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$34,502,270
Grants made (2025)
33
Average grant
$1,045,523
Median grant
$20,000
Primary geography
California (58% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited grant applications. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Halvorsen Family Foundation funds

By grant dollars, the top recipient states for Halvorsen Family Foundation's 33 itemized 2025 grants were California (58%), New York (20%) and Massachusetts (15%). The most frequent recipient cities were New York, NY (6 grants), Darien, CT (5 grants), Stowe, VT (5 grants) and Williamstown, MA (2 grants). 6% of grants with a stated purpose were for general or operating support. Recurring purposes include "Educational Support" (9 grants), "Medical Support" (7 grants) and "Athletic Opportunities" (5 grants).

How Halvorsen Family Foundation gives

  • 42% of 2025 grantees were also funded in 2024. Method
  • Giving grew 159% from 2022 to 2025. Method

Estimate from itemized IRS Form 990-PF grant lists (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$34.5M

+65.2% YoY

Grant Count

33

+83.3% YoY

Avg Grant Size

$1.0M

-9.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of causes including:

  • Education (particularly higher education institutions with family connections)
  • Arts and culture
  • Environmental conservation and biodiversity
  • Health and wellness
  • Economic justice
  • Outdoor recreation

The foundation does not operate formal grant programs with fixed deadlines or public application processes.

Grantmaking

Grant Range

** $10,000 to $20,000,000

Invitation Only

** The foundation does not accept unsolicited grant applications. Grantmaking is invitation-only and highly targeted, with strategic grants made throughout the year to preselected organizations.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Connecticut and surrounding New England states, including:

  • Connecticut
  • New York
  • Massachusetts
  • Vermont
  • Maine

The foundation has also made limited grants in California, Pennsylvania, Utah, Minnesota, and internationally in Norway and France.

Grant Distribution by State

9states

Share of all 33 itemized 2025 grant dollars.

Cities

New YorkDarienStoweWilliamstownBronxNew GloucesterBurlingtonSaint PaulFairfieldNorth AdamsRowaytonWaitsfieldWestportJenkintownPark CityRedwood CitySouth NorwalkStanfordWest HarrisonManhattan

Financial History

Multi-year comparison from IRS filings

Total Assets: $322,046,466 (2024)

Annual Revenue: $21,439,948 (2024)

Annual Expenses: $21,087,352 (2024)

Net Income: $352,596 (2024)

Asset Growth: The foundation has grown significantly from initial assets of $16.2 million in 2011 to over $322 million by 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$9M$17M$26M$35M7 grants20209 grants202128 grants202224 grants202318 grants202433 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Stanford Medical Development: $20.0MStanford Medical Development$20.0MSterling and Francine Clark Art Institute: $5.1MSterling and Francine ClarkArt Institute$5.1MMemorial Sloan Kettering Cancer Center: $5.0MMemorial Sloan KetteringCancer Center$5.0MGreen Mountain Valley School: $1.5MGreen Mountain Valley School$1.5MWeill Cornell Medicine: $1.0MWeill Cornell Medicine$1.0MUS Ski & Snowboard: $500KUS Ski & Snowboard$500KWildlife Conservation Society: $350KWildlife Conservation Society$350KThe Rockefeller University: $275KThe Rockefeller University$275KWilliams College: $200KWilliams College$200KStanford University: $100KStanford University$100K

Grant Size Distribution

112 grants across all recorded years

60<$50K12$50–100K17$100–250K5$250–500K4$500K–1M6$1–5M8$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Stanford Medical Development ($20,000,000), Sterling and Francine Clark Art Institute ($5,125,000), Memorial Sloan Kettering Cancer Center ($5,000,000).

RecipientPurposeAmount
STANFORD MEDICAL DEVELOPMENT Redwood City, CAEDUCATIONAL SUPPORT$20,000,000
STERLING AND FRANCINE CLARK ART INSTITUTE Williamstown, MAARTISTIC INITIATIVES$5,125,000
MEMORIAL SLOAN KETTERING CANCER CENTER West Harrison, NYMEDICAL SUPPORT$5,000,000
GREEN MOUNTAIN VALLEY SCHOOL Waitsfield, VTEDUCATIONAL SUPPORT$1,500,000
WEILL CORNELL MEDICINE New York, NYMEDICAL SUPPORT$1,000,000
US SKI & SNOWBOARD Park City, UTATHLETIC OPPORTUNITIES$500,000
WILDLIFE CONSERVATION SOCIETY Bronx, NYWILDLIFE CONSERVATION$350,000
THE ROCKEFELLER UNIVERSITY New York, NYEDUCATIONAL SUPPORT$275,000
WILLIAMS COLLEGE Williamstown, MAEDUCATIONAL SUPPORT$200,000
STANFORD UNIVERSITY Stanford, CAEDUCATIONAL SUPPORT$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

Trustees:

  • Ole Andreas Halvorsen (Co-founder of Viking Global Investors, a Connecticut-based hedge fund firm; born 1961, originally from Norway)
  • Diane K. Halvorsen (spouse)

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Ole Andreas HalvorsenTrustee0.3—
Diane K HalvorsenTrustee0.3—

Contact Information

Address: Viking 600 Washington Blvd, 11th Floor, Stamford, CT 06901

Phone: (203) 863-5039 or (203) 863-5048

Website: The foundation does not maintain a public website and does not provide an email address for inquiries.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Halvorsen Family Foundation fund?

The foundation supports a diverse range of causes including: • Education (particularly higher education institutions with family connections) • Arts and culture • Environmental conservation and biodiversity • Health and wellness • Economic justice • Outdoor recreation The foundation does not operate formal grant programs with fixed deadlines or public application processes.

How do I apply for a grant from Halvorsen Family Foundation?

The foundation does not accept unsolicited grant applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Halvorsen Family Foundation make grants?

The foundation primarily funds organizations in Connecticut and surrounding New England states, including: • Connecticut • New York • Massachusetts • Vermont • Maine The foundation has also made limited grants in California, Pennsylvania, Utah, Minnesota, and internationally in Norway and France.

What size grants does Halvorsen Family Foundation award?

In 2025, Halvorsen Family Foundation awarded 33 grants totaling $34.5M — an average of about $1.0M per grant, based on its IRS Form 990 filings.

What is Halvorsen Family Foundation's EIN?

Halvorsen Family Foundation's EIN (Employer Identification Number) is 06-1603158. IRS Form 990 filing data is available on this page for 2020–2025.

Does Halvorsen Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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