Parsen Foundation
Parsen Foundation is a private foundation, based in Elkhorn, NE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $44K. Net investment income was $66K.
Parsen Foundation at a glance
In short: Parsen Foundation gave $44K across 6 grants in 2024 (avg $7K), mostly in Nebraska. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $44,000
- +8.6% vs 2023
- Grants made (2024)
- 6
- -14.3% vs 2023
- Average grant
- $7,333
- +26.7% vs 2023
- Median grant
- $6,000
- Total assets
- $1,639,321
- +47.1% vs 2023
- Primary geography
- Nebraska (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.
Who Parsen Foundation funds
How this funder distributes its grants
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Parsen Foundation gives
- Giving grew 252% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13K (2021) to $46K (2022). In 2024 it made 6 grants totaling $44K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 6 grants to individuals Recipients not named | — | $44,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $1,639,321 | $568,164 | $92,500 | $44,000 | 6 | $44,000 | $65,977 |
| 2023 | $1,114,733 | $13,983 | $94,621 | $40,500 | 7 | $40,500 | $22,174 |
| 2022 | $1,174,551 | $31,817 | $70,534 | $46,425 | 6 | $46,425 | $24,315 |
| 2021 | $1,211,467 | $47,541 | $36,971 | $12,500 | 2 | $12,500 | $36,064 |
| 2020 | $1,205,862 | $59,904 | $80,904 | $38,245 | 6 | — | $43,745 |
Leadership & Key People
Officers and directors from IRS filings
Parsen Foundation is led by Andrew Lundgren, President on every filing since 2020; 4 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrew Lundgren
President
On filings since 2020
10 hrs/week
$13K (2021) → $11K (2024)
Kristin Lundgren
Treasurer
On filings since 2020
10 hrs/week
$27K (2020) → $12K (2024)
Carsen Lundgren
Officer
On filings since 2023
10 hrs/week
$9K (2023) → $9K (2024)
Parker Lundgren
Officer
On filings since 2023
10 hrs/week
$9K (2024)
Mary Lundgren
Vice President
On filings since 2020
No compensation reported
Former officers (2)
- Former: Mike Jones (2023) — Officer
- Former: Michael Jones (2020) — Secretary
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 $12K, to Kristin Lundgren (Treasurer). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Parsen Foundation
How much does Parsen Foundation give each year?
Parsen Foundation gave $44K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $41K across 7 grants.
What is Parsen Foundation's typical grant size?
Parsen Foundation's median grant in 2024 was $6,000, and its average grant was $7,333, across 6 grants on its 2024 IRS Form 990-PF.
Where does Parsen Foundation give grants?
Parsen Foundation gives mostly in Nebraska: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Parsen Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Parsen Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Parsen Foundation?
Parsen Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $568K.
What is Parsen Foundation's EIN?
Parsen Foundation's EIN (Employer Identification Number) is 46-1036605. 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.
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 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Parsen Foundation funds
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