Larsen Fund
Larsen Fund is a private foundation based in Harrison, New York. Its 2024 filing reports 137 grants totaling $967,000 to charitable organizations, including schools, cultural organizations, and community-service providers.
Larsen Fund at a glance
In short: Larsen Fund gave $967K across 137 grants in 2024 (avg $7K), top state Vermont. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $967,000
- +6.0% vs 2023
- Grants made (2024)
- 137
- +6.2% vs 2023
- Average grant
- $7,058
- -0.2% vs 2023
- Median grant
- $5,000
- Total assets
- $21,249,234
- +9.0% vs 2023
- New grantees (estimate)
- 13% first-time grantees (14 of 109, 2024)
- Primary geography
- Vermont (32% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Larsen Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 500 Mamaroneck Ave 301, Harrison, NY 10528
Phone: (212) 286-2600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Larsen Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Minnesota Zoo ($68K). Together the top 10 received $355K.
Grant Size Distribution
661 grants across all recorded years
The most common grant size was under $50K: 652 grants of 661 (99%).
Geographic Focus
Where this funder awards grants
In 2024, Vermont organizations received 32% of grant dollars, Minnesota organizations 31%, New York organizations 9%, Idaho organizations 7%, and Connecticut organizations 6%.
Grant Distribution by State
Share of 2024 grant dollars across all 137 itemized grants.
States
Cities
Is Larsen Fund open to new grantees?
13%
first-time grantees, 2024
In 2024, 14 of 109 grantees (13%) were first-time recipients. First grants averaged $7K; repeat grants $9K. How we count
Medians: $5K first-time, $5K repeat.
- 82% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−17%). Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $913K (2023) to $1.2M (2021). In 2024 it made 137 grants totaling $967K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota Zoo Apple Valley, MN | Capital Campaign $63,000 / Foundation Annual Fund $5,000 | $68,000 |
| Sterling College Craftsbury Common, VT | Annual Fund $25,000 / Kelly Fund $20,000 | $45,000 |
| North Branch Nature Center Montpelier, VT | General Operating | $30,000 |
| The Hotchkiss School Lakeville, CT | Annual Fund | $30,000 |
| Colgate University Hamilton, NY | Annual fund $10,000 / capital endowed scholarship $15,000 - thl | $25,000 |
| Let's Grow Kids Inc Middlebury, VT | Capital Campaign | $25,000 |
| Literacy Partners Inc New York, NY | Annual Fund | $25,000 |
| The Hotchkiss School Lakeville, CT | Larsen Trail Capital $10,000 / Annual Fund $10,000 | $20,000 |
| The Children's Theatre Company Minneapolis, MN | Gala Fund $5,000 / Annual Fund $13,000 | $18,000 |
| Central Vermont Home Health & Hospice Barre, VT | Grant Split for 5 Support Segments | $15,500 |
Ready to take the next step with Larsen Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $21,249,234 | $37,109 | $1,200,316 | $967,000 | 137 | $1,027,231 | $815,236 | $1,029,139 |
| 2023 | $19,495,349 | $249,218 | $1,115,342 | $912,500 | 129 | $982,583 | — | $931,442 |
| 2022 | $17,663,258 | $581,999 | $1,207,239 | $937,500 | 131 | $1,028,947 | $616,863 | $966,967 |
| 2021 | $23,052,132 | $2,349,741 | $1,427,032 | $1,166,000 | 142 | $1,222,579 | $2,363,624 | $1,124,202 |
| 2020 | $22,535,035 | $1,418,029 | $1,092,713 | $933,000 | 122 | — | $1,729,585 | $920,825 |
Under IRS private-foundation payout rules, Larsen Fund reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for education, literacy, child care, health care, conservation, and the arts. These are areas reflected in the grantees’ own descriptions: Sterling College says it uses education to advance ecological thinking and action; Literacy Partners says it advances literacy for adults, parents, caregivers, and children; Central Vermont Home Health & Hospice says it provides home health and hospice care and promotes community welfare; and TU Dance says it uses diverse dance expressions to connect communities.
Grantmaking
In 2024, the foundation made 137 grants totaling $967,000. Grants ranged from $500 to $68,000, with a median grant of $5,000. Among the largest reported grants were $68,000 to Minnesota Zoo, $45,000 to Sterling College, $30,000 to North Branch Nature Center, and two grants to The Hotchkiss School totaling $50,000. Other notable grants included $25,000 each to Colgate University, Let’s Grow Kids, and Literacy Partners.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Todd H Larsen as president and director; Susan Z Ritz as vice president and director; Chad M Larsen as secretary and director; and Gordon H Ritz Jr as treasurer and director. Other directors listed are Charlotte Ritz, Daniel Otter, Elisa Otter, Jonathan Z Larsen, Margot L Ritz, and Margot Marquit.
Larsen Fund is led by Todd H. Larsen, President & Director on every filing since 2020; none of the 15 officers listed in 2024 report compensation.
Officers on the 2024 filing
Todd H. Larsen
President & Director
On filings since 2020
3 hrs/week
No compensation reported
Chad M. Larsen
Secretary & Director
On filings since 2020
3 hrs/week
No compensation reported
Gordon H. Ritz Jr.
Treasurer & Director
On filings since 2020
3 hrs/week
No compensation reported
Jonathan Z. Larsen
Director
On filings since 2020
3 hrs/week
No compensation reported
Margot L. Ritz
Director
On filings since 2020
3 hrs/week
No compensation reported
Mark C. Larsen
Director
On filings since 2020
3 hrs/week
No compensation reported
R. Timothy Larsen
Director
On filings since 2020
3 hrs/week
No compensation reported
Robert R. Larsen
Director
On filings since 2020
3 hrs/week
No compensation reported
Susan Z. Ritz
Vice President & Director
On filings since 2020
3 hrs/week
No compensation reported
Elisa Otter
Director
On filings since 2021
3 hrs/week
No compensation reported
Nina Otter
Director
On filings since 2021
3 hrs/week
No compensation reported
Charlotte Ritz
Director
New on the 2024 filing
3 hrs/week
No compensation reported
Daniel Otter
Director
New on the 2024 filing
3 hrs/week
No compensation reported
Margot Marquit
Director
New on the 2024 filing
3 hrs/week
No compensation reported
Wendelle Burdick
Director
New on the 2024 filing
3 hrs/week
No compensation reported
Former officers (1)
- Former: Christopher Larsen (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Larsen Fund
How much does Larsen Fund give each year?
Larsen Fund gave $967K across 137 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $913K across 129 grants.
What is Larsen Fund's typical grant size?
Larsen Fund's median grant in 2024 was $5,000, and its average grant was $7,058, across 137 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Larsen Fund that year got $7K on average.
Where does Larsen Fund give grants?
Larsen Fund's top state is Vermont, with 32% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Minnesota (31%) and New York (9%). The most frequent recipient cities were Minneapolis, MN (24 grants), Montpelier, VT (22 grants), Barre, VT (6 grants) and St. Paul, MN (5 grants).
Does Larsen Fund give general operating support?
Yes: 80% of Larsen Fund's 2024 grants with a stated purpose (109 of 137) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship Fund" (3 grants) and "Capital Campaign" (3 grants).
Who are Larsen Fund's largest grantees?
Larsen Fund's largest 2024 grantees include Minnesota Zoo ($68,000), The Hotchkiss School ($51,000 across 3 grants) and Sterling College ($45,000), according to its 2024 IRS Form 990-PF. Together they received 17% of its itemized 2024 grant dollars.
How large is Larsen Fund?
Larsen Fund reported $21.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Larsen Fund fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education, literacy, child care, health care, conservation, and the arts. See mission & focus areas ↑
How do I apply for a grant from Larsen Fund?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Larsen Fund's EIN?
Larsen Fund's EIN (Employer Identification Number) is 13-6104430. IRS Form 990 filing data is available on this page for 2020–2024.
Does Larsen Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Larsen Fund funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/larsen-fund-morg_aa9478ecd20c4d229164e6ab12fdc53e
BibTeX
@misc{grantable_136104430_2026,
author = {{Grantable}},
title = {{Larsen Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/larsen-fund-morg_aa9478ecd20c4d229164e6ab12fdc53e},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Larsen Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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