Larsen Foundation Inc. is a private foundation based in Morristown, New Jersey, established in 1996. The foundation operates as a 501(c)(3) nonprofit organization with a focus on grantmaking activities.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.2M
-16.5% YoY
Annual Giving
$1.1M
+163.6% YoY
Grant Count
18
+38.5% YoY
Avg Grant Size
$63K
+90.4% YoY
Mission & Focus Areas
The foundation's primary funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
Grantmaking
Ready to take the next step with Larsen Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Florida
- New York
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $2,162,072
Total Giving: $1,134,550
Staffing: The foundation operates with 0 employees, indicating it is likely managed by trustees or external administrators.
Tax Status: 501(c)(3) private foundation
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,162,072 | $2,588,398 | $2,338,366 |
| Revenue | $716,079 | $705,670 | $1,014,818 |
| Expenses | $1,142,405 | $455,637 | $1,636,111 |
| Qualifying Distributions | $1,136,050 | $431,860 | $1,634,611 |
| Net Investment Income | $689,579 | $704,170 | $1,059,053 |
| Distributable Amount | $294,729 | $298,647 | $339,310 |
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 2025
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOROTHY M LARSEN | PRESIDENT/TRUSTEE | — | — |
| GARRET W LARSEN | CO-VICE PRESIDENT/TRUSTEE | — | — |
| KAREN LARSEN VERBLAAUW | CO-VICE PRESIDENT/TRUSTEE | — | — |
| KRISTEN LARSEN DRIES | CO-VICE PRESIDENT/TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Larsen Foundation Inc 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