Karl Arthur Severson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHELTON, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 6 grants totaling $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139K
-24.2% YoY
Annual Giving
$35K
-32.9% YoY
Grant Count
6
-45.5% YoY
Avg Grant Size
$6K
+22.9% YoY
Under IRS private-foundation payout rules, Karl Arthur Severson Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Karl Arthur Severson Foundation
Based on IRS filings
Karl Arthur Severson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHELTON, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 6 grants totaling $35K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $138,771 | $182,985 | $235,656 |
| Revenue | $1,825 | $8,400 | $8,550 |
| Expenses | $46,039 | $61,071 | $52,503 |
| Qualifying Distributions | $34,972 | $52,148 | $40,290 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,834 | $9,012 | $11,606 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Katherine a Francis ($19,130), Ghyc Junior Sail ($10,000), Brett Loeb ($2,100).
| Recipient | Purpose | Amount |
|---|---|---|
| BRETT LOEB SHELTON, WA | TO COVER SKI EXPENSES | $2,100 |
| HUTCH HUTCHINSON SHELTON, WA | TO COVER SKI EXPENSES | $1,000 |
| KATHERINE A FRANCIS SHELTON, WA | TO COVER SKI EXPENSES | $19,130 |
| SNOWMASS SKI AREA SHELTON, WA | TO COVER SKI EXPENSES | $1,642 |
| GHYC JUNIOR SAIL SHELTON, WA | SPONSOR SAILING PROGRAMS | $10,000 |
| JACK KRAVITZ SHELTON, WA | TO COVER SKI EXPENSES | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK SEVERSON | CO-FOUNDER | 5 | — |
| MADELON SEVERSON | CO-FOUNDER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karl Arthur Severson Foundation?
Karl Arthur Severson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHELTON, WA. It holds $139K in total assets as of 2024.
How large is Karl Arthur Severson Foundation?
As of 2024, Karl Arthur Severson Foundation holds $139K in total assets with $2K in annual revenue. It awarded 6 grants totaling $35K in 2024.
Where does Karl Arthur Severson Foundation operate?
Karl Arthur Severson Foundation has awarded grants in Colorado, Washington.
What size grants does Karl Arthur Severson Foundation award?
In 2024, Karl Arthur Severson Foundation awarded 6 grants totaling $35K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Karl Arthur Severson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karl Arthur Severson Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karl Arthur Severson Foundation's EIN?
Karl Arthur Severson Foundation's EIN (Employer Identification Number) is 47-4889087. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karl Arthur Severson 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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