Parsen Foundation

Private foundation · Grantmaker Elkhorn, NE EIN: 46-1036605

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

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

DallasElkhornLincolnOmahaPapillionSidney

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

$0$20K$40K$60K6 grants2020 2 grants2021 6 grants2022 7 grants2023 6 grants2024

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

RecipientPurposeAmount
6 grants to individuals Recipients not named —$44,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$1,639,321$568,164$92,500$44,0006$44,000$65,977
2023$1,114,733$13,983$94,621$40,5007$40,500$22,174
2022$1,174,551$31,817$70,534$46,4256$46,425$24,315
2021$1,211,467$47,541$36,971$12,5002$12,500$36,064
2020$1,205,862$59,904$80,904$38,2456—$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

Kristin Lundgren — Treasurer: $12KKristin LundgrenTreasurer$12KAndrew Lundgren — President: $11KAndrew LundgrenPresident$11KParker Lundgren — Officer: $9KParker LundgrenOfficer$9KCarsen Lundgren — Officer: $9KCarsen LundgrenOfficer$9K

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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Parsen Foundation'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.

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