Mikkelson Foundation
Mikkelson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONUMENT, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 32 grants totaling $116K. Net investment income was $343K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.4M
+10.6% YoY
Annual Giving
$116K
+25.3% YoY
Grant Count
32
+45.5% YoY
Avg Grant Size
$4K
-13.9% YoY
Under IRS private-foundation payout rules, Mikkelson Foundation reported a distributable amount of $117K for 2025 — the minimum it must pay out in qualifying distributions.
About Mikkelson Foundation
Based on IRS filings
Mikkelson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONUMENT, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 32 grants totaling $116K. Net investment income was $343K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,363,421 | $2,137,455 | $1,989,701 |
| Revenue | $353,703 | $250,103 | $130,737 |
| Expenses | $127,736 | $102,349 | $123,302 |
| Qualifying Distributions | $115,760 | $92,398 | $112,769 |
| Net Investment Income | $343,022 | $243,364 | $108,106 |
| Distributable Amount | $116,866 | $103,866 | $97,542 |
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 2025
Grant Size Distribution
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include UnBOCES ($7,000), Eliana Cecil ($5,000), Nolan Oschell ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ute Pass Elementary School Cascade, CO | Science Equipment | $2,000 |
| Explorer Elementary School Colorado Springs, CO | Science Equipment | $2,950 |
| Canyon City Middle School Canon City, CO | Science Equipment | $3,620 |
| The da Vinci Academy Elementary School Colorado Springs, CO | Science Equipment | $2,240 |
| Otero Elementary School Colorado Springs, CO | Science Equipment | $2,112 |
| Centennial Elementary School Colorado Springs, CO | Science Equipment | $2,629 |
| Palmer High School Colorado Springs, CO | Science Equipment | $768 |
| Mountain View Elementary School Colorado Springs, CO | Science Equipment | $3,000 |
| Frontier Elementary School Colorado Springs, CO | Science Equipment | $3,100 |
| Rogers Elementary School Colorado Springs, CO | Science Eqiopment | $2,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES M MIKKELSON | President Treasurer | 4 | — |
| RONALD FURSTENAU | Vice President | 1 | — |
| CATHLEEN M MIKKELSON | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mikkelson Foundation?
Mikkelson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONUMENT, CO. It holds $2.4M in total assets as of 2025.
How large is Mikkelson Foundation?
As of 2025, Mikkelson Foundation holds $2.4M in total assets with $354K in annual revenue. It awarded 32 grants totaling $116K in 2025.
Where does Mikkelson Foundation operate?
Mikkelson Foundation has awarded grants in Colorado, Idaho, Montana, Pennsylvania.
What size grants does Mikkelson Foundation award?
In 2025, Mikkelson Foundation awarded 32 grants totaling $116K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Mikkelson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mikkelson Foundation reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mikkelson Foundation's EIN?
Mikkelson Foundation's EIN (Employer Identification Number) is 84-1519112. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Mikkelson 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.