Luther Seminary Foundation
TO ASSIST LUTHER SEMINARY IN ITS GENERAL FUNDRAISING ACTIVITIES AND SOLICITING AND ACCEPTING THE CONTRIBUTIONS (INCLUDING ENDOWMENTS, DEFERRED GIFTS, OPERATING GIFTS, ETC.) FOR THE BENEFIT OF THE SEMINARY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.5M
+12.1% YoY
Annual Giving
$286K
-28.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$286K
-28.8% YoY
About Luther Seminary Foundation
Based on IRS filings
Luther Seminary Foundation is a nonprofit organization, based in ST PAUL, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $37.5M in total assets. In 2024, it awarded 1 grants totaling $286K. Net investment income was $922K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $37,473,007 | $33,424,619 | $31,576,918 |
| Revenue | $1,073,832 | $1,112,908 | $1,076,535 |
| Expenses | $1,153,521 | $1,270,040 | $1,062,879 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $922,227 | $109,309 | $672,418 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Luther Seminary ($286,309).
| Recipient | Purpose | Amount |
|---|---|---|
| LUTHER SEMINARY ST PAUL, MN | SEMINARY OPERATIONS | $286,309 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID RUTLEN | CHAIR | 2 | — |
| LADD BJORNEBY | VICE CHAIR | 2 | — |
| DEAN GRUNER | SECRETARY | 2 | — |
| ROBIN STEINKE | PRESIDENT | 2 | — |
| HEIDI DROEGMUELLER | EXECUTIVE DIRECTOR | 20 | — |
| JOHN COSKRAN | VICE PRESIDENT OF FINANCE | 0.8 | — |
Frequently Asked Questions
How large is Luther Seminary Foundation?
As of 2024, Luther Seminary Foundation holds $37.5M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $286K in 2024.
Where does Luther Seminary Foundation operate?
Luther Seminary Foundation has awarded grants in Minnesota.
What size grants does Luther Seminary Foundation award?
In 2024, Luther Seminary Foundation awarded 1 grants totaling $286K — an average of about $286K per grant, based on its IRS Form 990 filings.
What is Luther Seminary Foundation's EIN?
Luther Seminary Foundation's EIN (Employer Identification Number) is 41-1746301. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Luther Seminary Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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