Larry and Sharon Larson
Larry and Sharon Larson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roseau, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.5M in total assets. In 2024, it awarded 2 grants totaling $147K. Net investment income was $156K.
Key facts about Larry and Sharon Larson
- EIN
- 81-0854977
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $147,152
- Grants made (2024)
- 2
- Average grant
- $73,576
- Median grant
- $73,576
- Total assets
- $34,519,459
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Larry and Sharon Larson gives
- Giving grew 489% from 2021 to 2024. Method
- In 2024 it paid out 26% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Larry and Sharon Larson
- How to evaluate Larry and Sharon Larson as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34.5M
+904.8% YoY
Annual Giving
$147K
+11.2% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$74K
-44.4% YoY
Under IRS private-foundation payout rules, Larry and Sharon Larson reported a distributable amount of $556K for 2024 — the minimum it must pay out in qualifying distributions.
About Larry and Sharon Larson
Based on IRS filings
Larry and Sharon Larson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roseau, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.5M in total assets. In 2024, it awarded 2 grants totaling $147K. Net investment income was $156K.
Focus Areas
Ready to take the next step with Larry and Sharon Larson?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,519,459 | $3,435,369 | $2,282,587 |
| Revenue | $31,152,065 | $1,286,073 | $123,199 |
| Expenses | $149,349 | $133,291 | $38,434 |
| Qualifying Distributions | $147,152 | $132,361 | $37,970 |
| Net Investment Income | $156,420 | $123,213 | $28,999 |
| Distributable Amount | $556,313 | $146,955 | $132,366 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Mayo Clinic Donor Advised Fund ($146,492), Geneva Cemetary ($660).
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC DONOR ADVISED FUND Rochester, MN | DONATION | $146,492 |
| GENEVA CEMETARY Geneva, MN | DONATION | $660 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Larry Larson | Chairman | 1 | — |
| Peter Larson | Director | 0.5 | — |
| Christa Witt | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Larry and Sharon Larson?
Larry and Sharon Larson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roseau, MN. It holds $34.5M in total assets as of 2024.
How large is Larry and Sharon Larson?
As of 2024, Larry and Sharon Larson holds $34.5M in total assets with $31.2M in annual revenue. It awarded 2 grants totaling $147K in 2024.
Where does Larry and Sharon Larson operate?
Larry and Sharon Larson has awarded grants in Minnesota.
What size grants does Larry and Sharon Larson award?
In 2024, Larry and Sharon Larson awarded 2 grants totaling $147K — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is Larry and Sharon Larson required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry and Sharon Larson reported a distributable amount of $556K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry and Sharon Larson's EIN?
Larry and Sharon Larson's EIN (Employer Identification Number) is 81-0854977. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.