Lau & Bea Christensen Charitable Foundat
The Lau & Bea Christensen Charitable Foundation is a private foundation based in Madison, Wisconsin (723 Wilder Drive, Madison, WI 53704). Established in 2007, the foundation operates as a 501(c)(3) organization with a focus on philanthropic grantmaking to support charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$481K
-95.1% YoY
Annual Giving
$19.5M
+2327.7% YoY
Grant Count
54
+14.9% YoY
Avg Grant Size
$362K
+2013.0% YoY
Under IRS private-foundation payout rules, Lau & Bea Christensen Charitable Foundat reported a distributable amount of $786K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Higher Education
- Science and STEM Education
Grantmaking
Typical awards range from $22 to $16,311,109, though the majority of grants are significantly smaller than the largest donations.
Grant Range
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Wisconsin and Tennessee.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $480,752
- Total revenues: $3,442,183
- Total expenses: $19,620,381
- Investment income and dividends: $616,572
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $480,752 | $9,896,069 | $9,679,895 |
| Revenue | $3,442,183 | $1,258,903 | $770,578 |
| Expenses | $19,620,381 | $830,030 | $801,668 |
| Qualifying Distributions | $19,540,359 | $804,900 | $782,000 |
| Net Investment Income | $3,362,186 | $1,233,798 | $501,172 |
| Distributable Amount | $785,710 | $781,017 | $802,914 |
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
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison Community Foundation ($2,000,000), Madison Public Library ($100,000), United Way of Dane County ($61,350).
| Recipient | Purpose | Amount |
|---|---|---|
| NATURAL RESOURCES FOUNDATION MADISON, WI | DONATION | $20,000 |
| CHILDREN'S THEATER OF MADISON MADISON, WI | DONATION | $10,000 |
| OPERA FOR THE YOUNG MADISON, WI | DONATION | $15,000 |
| PORCHLIGHT MADISON, WI | DONATION | $20,000 |
| YWCA OF MADISON MADISON, WI | DONATION | $10,000 |
| DRIFTLESS AREA LAND CONSERVATION DODGEVILLE, WI | DONATION | $10,000 |
| MADISON COLLEGE FOUNDATION MADISON, WI | DONATION | $30,000 |
| NATIONAL PARKS CONSERVATION WASHINGTON, DC | DONATION | $2,000 |
| UNITED WAY OF DANE COUNTY MADISON, WI | DONATION | $61,350 |
| WAVE EDUCATION FUND MILWAUKEE, WI | DONATION | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Laurits R Christensen (Trustee)
- Scott Christensen (Trustee)
- Christopher Bugg (Trustee)
- Lau & Bea Christensen (Advisors, as referenced in Madison Community Foundation webinar materials)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURITS R CHRISTENSEN | Director | — | — |
| SCOTT CHRISTENSEN | Director | — | — |
| CHRISTOPHER BUGG | Director | — | — |
Recent News & Activity
Recent developments and announcements
Lau & Bea Christensen were featured as panelists in the Madison Community Foundation's October 2, 2025 webinar titled "Guiding Clients Through Private Foundation Succession, Transition and Sunset," where they shared insights on succession planning options for private foundations.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lau & Bea Christensen Charitable Foundat fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Higher Education • Science and STEM Education
How do I apply for a grant from Lau & Bea Christensen Charitable Foundat?
**Grant Activity:** • Made 38 grants in 2024 • Total giving in 2024: $486,051 (based on one reporting source) to $19,620,381 (based on another reporting source) • Historical total giving: $19,540,359 **Notable Recent Grants (2024):** • Madison Community Foundation: $16,311,109 • Madison Community Foundation: $2,000,000 • United Way of Dane County: $61,350 **Grant Range:** Typical awards range from $22 to $16,311,109, though the majority of grants are significantly smaller than the largest donat…
Where does Lau & Bea Christensen Charitable Foundat make grants?
The foundation primarily funds organizations in Wisconsin and Tennessee.
What size grants does Lau & Bea Christensen Charitable Foundat award?
In 2024, Lau & Bea Christensen Charitable Foundat awarded 54 grants totaling $19.5M — an average of about $362K per grant, based on its IRS Form 990 filings.
How much is Lau & Bea Christensen Charitable Foundat required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lau & Bea Christensen Charitable Foundat reported a distributable amount of $786K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lau & Bea Christensen Charitable Foundat's EIN?
Lau & Bea Christensen Charitable Foundat's EIN (Employer Identification Number) is 20-8837127. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lau & Bea Christensen Charitable Foundat'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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