Larson Foundation
The Larson Family Foundation is a private, nonprofit 501(c)(3) organization established in 1990 by Dale Larson, former CEO and President of Larson Manufacturing Company. Based in Sioux Falls, South Dakota, the foundation was created as a way for the Larson family to give back to the community of Brookings and the state of South Dakota. The foundation recognizes the limited number of foundations in South Dakota and aims to help improve the quality of life for all South Dakotans.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.3M
+12.1% YoY
Grant Count
34
+13.3% YoY
Avg Grant Size
$68K
-1.1% YoY
Mission & Focus Areas
The foundation's stated purpose is to help South Dakotans achieve a better quality of life. Primary funding areas include:
- Human services
- Economic development
- Health
- Education
- Cultural enhancement
- Scholarships
The foundation has provided more than $4 million in scholarships over a 27-year period.
Grantmaking
The foundation makes grants only to tax-exempt organizations with 501(c)(3) classifications from the Internal Revenue Service, including educational institutions and qualified government units.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Dakota, with particular emphasis on Brookings and surrounding communities. The foundation has supported organizations across all parts of the state.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending April 2024:
| Metric | Amount |
|---|---|
| Total Assets | $22,689,270 |
| Total Revenue | $3,538,485 |
| Total Expenses | $2,522,545 |
| Total Giving | $2,328,400 |
| Investment Income & Dividends | $371,299 |
| Net Gain from Sale of Non-Inventory Assets | $2,180,785 |
| Total Liabilities | $0 |
The foundation has one employee and is tax-exempt since May 1991 (EIN: 46-0412311).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
166 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Home Society ($500,000), Brookings Area Habitat for Humanity ($290,000), Abbott House ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BISHOP DUDLEY HOSPITALITY HOUSE FLANDREAU, SD | PROGRAM EXPENSES | $50,000 |
| BOYS & GIRLS CLUB OF ROSEBUD MISSION, SD | PROGRAM EXPENSES | $75,000 |
| BROOKINGS AREA HABITAT FOR HUMANITY BROOKINGS, SD | PROGRAM EXPENSES | $290,000 |
| CHEYENNE RIVER YOUTH PROJECT EAGLE BUTTE, SD | PROGRAM EXPENSES | $30,000 |
| CHILDRENS HOME SOCIETY SIOUX FALLS, SD | PROGRAM EXPENSES | $500,000 |
| EAST CENTRAL CASA PROGRAM BROOKINGS, SD | PROGRAM EXPENSES | $30,000 |
| FIRST PEOPLES FUND RAPID CITY, SD | PROGRAM EXPENSES | $30,000 |
| NATIVE AMERICAN COMMUNITY BOARD LAKE ANDES, SD | PROGRAM EXPENSES | $42,000 |
| THE BANQUET SIOUX FALLS, SD | PROGRAM EXPENSES | $25,000 |
| THE WHOLENESS CENTER FLANDREAU, SD | PROGRAM EXPENSES | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Larson Family Foundation is comprised of five board members who meet twice a year to review applications:
- O. Dale Larson, President
- Bridget Larson Ennevor
- Maree Larson
- Robert Jostad
- Carmelle Jackson
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MAREE LARSON | VICE PRESIDENT | 20 | $60,000 |
| O DALE LARSON | PRESIDENT | 10 | — |
| CARMELLE JACKSON | SECRETARY | 1 | — |
Contact Information
Address: 222 S Main Ave, Sioux Falls, SD 57104-6310
Phone: 605-692-6115
Website: www.larsonfoundation.org
Frequently Asked Questions
What does Larson Foundation fund?
The foundation's stated purpose is to help South Dakotans achieve a better quality of life. Primary funding areas include: • Human services • Economic development • Health • Education • Cultural enhancement • Scholarships The foundation has provided more than $4 million in scholarships over a 27-year period.
How do I apply for a grant from Larson Foundation?
**Grant Eligibility & Restrictions:** The foundation makes grants only to tax-exempt organizations with 501(c)(3) classifications from the Internal Revenue Service, including educational institutions and qualified government units. The foundation does not consider requests for: • General fundraising • Deficit financing • Loans • Grants or scholarships to individuals • Research projects • Support for conferences, seminars, media events, or workshops (unless integral to a broader program) • Opera…
Where does Larson Foundation make grants?
The foundation primarily funds organizations in South Dakota, with particular emphasis on Brookings and surrounding communities. The foundation has supported organizations across all parts of the state.
What size grants does Larson Foundation award?
In 2024, Larson Foundation awarded 34 grants totaling $2.3M — an average of about $68K per grant, based on its IRS Form 990 filings.
What is Larson Foundation's EIN?
Larson Foundation's EIN (Employer Identification Number) is 46-0412311. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Larson Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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