Lunda Charitable Fund Inc
Lunda Charitable Fund Inc is a private foundation based in Black River Falls, Wisconsin. Its 2024 filing describes eligible recipients as tax-exempt educational, health care, and other charitable organizations; its 2024 grants went to organizations in Wisconsin.
Lunda Charitable Fund Inc at a glance
In short: Lunda Charitable Fund Inc gave $1.2M across 25 grants in 2024 (avg $49K), mostly in Wisconsin. 28% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,226,476
- -20.3% vs 2023
- Grants made (2024)
- 25
- +4.2% vs 2023
- Average grant
- $49,059
- -23.5% vs 2023
- Median grant
- $4,200
- Total assets
- $71,990,024
- +5.8% vs 2023
- New grantees (estimate)
- 28% first-time grantees (7 of 25, 2024)
- Primary geography
- Wisconsin (100% 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 Lunda Charitable Fund Inc
- Review Cycle
- July 31 each year.
- Deadline
- July 31 each year.
- Contact
Application contact: Carl Holmquist
Mailing address: N7142 Waters Edge Rd, Black River Falls, WI 54615
Phone: (715) 284-9647
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lunda Charitable Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Lunda Community Center Inc ($1.0M). Together the top 10 received $1.2M.
Organizations only. It also paid 1 grant to individuals ($5,000), which are not listed by name.
Grant Size Distribution
108 grants across all recorded years
The most common grant size was under $50K: 97 grants of 108 (90%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Wisconsin. Grants included recipients in Black River Falls, Alma Center, Melrose, Sparta, and an individual recipient
Grant Distribution by State
Share of 2024 grant dollars across all 25 itemized grants.
States
Cities
Is Lunda Charitable Fund Inc open to new grantees?
28%
first-time grantees, 2024
In 2024, 7 of 25 grantees (28%) were first-time recipients. First grants averaged $13K; repeat grants $63K. How we count
Medians: $3K first-time, $5K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 396% from 2021 to 2024. Method
- In 2024 it paid out 35% 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 $247K (2021) to $1.5M (2023). In 2024 it made 25 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lunda Community Center Inc Black River Falls, WI | General Operations | $1,000,000 |
| Boys & Girls Club - Lunda Center Black River Falls, WI | General Operations | $55,000 |
| School District of Black River Falls Black River Falls, WI | Scholarships and Swim Team | $47,000 |
| Alma Center Community Fire District Alma Center, WI | General Operations | $18,995 |
| City of Black River Falls Black River Falls, WI | City Operations, Festival in the Park | $17,878 |
| Melrose-Mindoro School District Melrose, WI | Scholarships | $15,971 |
| Jackson County Interfaith Volunteer Caregivers Inc Black River Falls, WI | Building and Newsletter | $12,000 |
| Lincoln JRSR High School Alma Center, WI | General Operations | $11,000 |
| Karner Blue Garden Club Black River Falls, WI | General Operations - Labor | $5,130 |
| Jackson County Fair Black River Falls, WI | Sponsorship | $5,000 |
Ready to take the next step with Lunda Charitable Fund Inc?
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 | $71,990,024 | $4,281,197 | $1,653,481 | $1,226,476 | 25 | $1,354,567 | $4,111,482 | $3,921,025 |
| 2023 | $68,054,670 | $3,765,152 | $1,914,958 | $1,538,760 | 24 | $1,711,345 | $3,229,649 | $3,489,754 |
| 2022 | $64,605,849 | $2,803,612 | $1,396,462 | $1,115,444 | 23 | $1,223,049 | $2,453,928 | $3,520,808 |
| 2021 | $62,400,435 | $5,477,796 | $463,021 | $247,376 | 16 | $354,508 | $5,328,411 | $3,606,792 |
| 2020 | $55,955,027 | $1,212,486 | $494,337 | $253,336 | 20 | — | $1,999,355 | $2,899,111 |
Under IRS private-foundation payout rules, Lunda Charitable Fund Inc reported a distributable amount of $3.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The funder’s filing identifies tax-exempt educational, health care, and other charitable organizations as eligible for awards. Its 2024 grants included support for general operations, scholarships, a swim team, building and newsletter costs, and community activities.
Among its 2024 grantees, Jackson County Interfaith Volunteer Caregivers Inc says its mission is to provide care to elderly people in their homes. Friends Sharing Food Inc says it works to reduce hunger in Jackson County and treats recipients with compassion, dignity, and respect. The University of Wisconsin–Eau Claire Foundation says its primary mission is stewardship of donated private funds for the university, with the goal of advocating for the university and contributing to its academic excellence.
Grantmaking
In 2024, the funder made 25 grants totaling $1,226,476. Grant amounts ranged from $300 to $1,000,000, with a median grant of $4,200. The largest award was $1,000,000 to Lunda Community Center Inc for general operations. Other notable grants included $55,000 to Boys & Girls Club - Lunda Center for general operations; $47,000 to the School District of Black River Falls for scholarships and a swim team; and $18,995 to Alma Center Community Fire District for general operations.
The funder’s filing says it does not restrict giving to preselected organizations. Applications should be submitted in writing to Carl Holmquist. Awards are restricted to tax-exempt educational, health care, and other charitable organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Larry Lunda as president; Marlee Slifka as vice president; Carl Holmquist as secretary/treasurer; and Richard Slifka, William Waughtal Jr, and William Waughtal Sr as trustees.
Lunda Charitable Fund Inc is led by Larry Lunda, President on every filing since 2020; 3 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
Larry Lunda
President
On filings since 2020
5 hrs/week
No compensation reported
William Waughtal Jr.
Trustee
On filings since 2020
0.2 hrs/week
$3K (2020) → $3K (2024)
William Waughtal Sr.
Trustee
On filings since 2020
0.2 hrs/week
$3K (2020) → $3K (2024)
Richard Slifka
Trustee
On filings since 2020
1 hr/week
No compensation reported
Carl Holmquist
Secretary & Treasurer
Secretary Treasurer → Secretary & Treasurer, 2023
On filings since 2020
15 hrs/week
$98K (2020) → $119K (2024)
Marlee Slifka
Vice President
On filings since 2020
2 hrs/week
No compensation reported
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $119K, to Carl Holmquist (Secretary/Treasurer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Lunda Charitable Fund Inc
How much does Lunda Charitable Fund Inc give each year?
Lunda Charitable Fund Inc gave $1.2M across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 24 grants.
What is Lunda Charitable Fund Inc's typical grant size?
Lunda Charitable Fund Inc's median grant in 2024 was $4,200, and its average grant was $49,059, across 25 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lunda Charitable Fund Inc that year got $13K on average.
Where does Lunda Charitable Fund Inc give grants?
Lunda Charitable Fund Inc gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Melrose, WI (4 grants) and Alma Center, WI (2 grants).
Does Lunda Charitable Fund Inc give general operating support?
Yes: 60% of Lunda Charitable Fund Inc's 2024 grants with a stated purpose (15 of 25) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Lunda Charitable Fund Inc's largest grantees?
Lunda Charitable Fund Inc's largest 2024 grantees include Lunda Community Center Inc ($1,000,000), Boys & Girls Club - Lunda Center ($55,000) and School District of Black River Falls ($47,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($5,000), which are not listed by name. Together they received 90% of its itemized 2024 grant dollars.
How large is Lunda Charitable Fund Inc?
Lunda Charitable Fund Inc reported $72.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $3.9M (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 Lunda Charitable Fund Inc fund?
The funder’s filing identifies tax-exempt educational, health care, and other charitable organizations as eligible for awards. Its 2024 grants included support for general operations, scholarships, a swim team, building and newsletter costs, and community activities. See mission & focus areas ↑
How do I apply for a grant from Lunda Charitable Fund Inc?
Lunda Charitable Fund Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Lunda Charitable Fund Inc's EIN?
Lunda Charitable Fund Inc's EIN (Employer Identification Number) is 46-0836946. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Lunda Charitable Fund Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Black River Falls Area Foundation
Black River Falls, WI
The foundation funds a broad range of community needs, including grants to organizations and scholarships for students, with a focus on benefiting the Black River Falls area. In 2025, grants ranged from $5,500 to $223,265, with a median of $10,122. Organizations may apply for annual grants during a designated period; donor-directed grants are available year-round upon qualified donor requests, without an application.
Assets
$6.2M
Grants
14
Total Given
$501K
Alliant Energy Foundation Inc
Madison, WI
Assets
$28.5M
Grants
929
Total Given
$2.4M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
Tim and Kay Finch Foundation Inc
Merrillan, WI
Assets
—
Grants
2
Total Given
$6.2M
Glendenning Family Foundation Inc
La Crosse, WI
The Glendenning Family Foundation supports preselected Wisconsin charities, with grants covering areas such as youth, family services, community well-being, disability support, addiction services, and children’s learning. In 2024, its 19 grants ranged from $1,000 to $95,000, with a median of $20,000. It does not accept unsolicited funding requests.
Assets
$9.0M
Grants
19
Total Given
$410K
Andersen Corporate Foundation
Bayport, MN
Andersen Corporate Foundation funds community organizations addressing needs such as housing, science education, food access, youth development, and health, with most grant dollars going to Minnesota and additional support in Wisconsin and Iowa. Its 2024 grants ranged from $2,500 to $250,000, with a median award of $10,000. It accepts applications through an online process, with annual application periods listed as March 1–31 and August 1–31.
Assets
$54.6M
Grants
162
Total Given
$2.5M
More similar funders
More Funders in Wisconsin
Cite this profile
Grantable. (2026). Lunda Charitable Fund Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/lunda-charitable-fund-inc-morg_08b414ea5691433ca576355f383fa6e1
BibTeX
@misc{grantable_460836946_2026,
author = {{Grantable}},
title = {{Lunda Charitable Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lunda-charitable-fund-inc-morg_08b414ea5691433ca576355f383fa6e1},
note = {Accessed 2026-10-15. 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 Lunda Charitable Fund Inc'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.
Lunda Charitable Fund Inc down — hundreds of funders to go?