Richard and Jaci Lindstrom Foundation

Private foundation · Grantmaker Wayzata, MN EIN: 41-1924685

Richard and Jaci Lindstrom Foundation is a private foundation focused on Education, based in Wayzata, MN. IRS filing data is available from 2020 through 2025.

Key facts about Richard and Jaci Lindstrom Foundation

EIN
41-1924685
Latest 990 filing
Form 990-PF, 2025

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Revenue

—

Expenses

$2K

-98.2% YoY

How Richard and Jaci Lindstrom Foundation gives

  • Giving grew 542% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

FairfaxMinneapolisBloomingtonErlangerNew ULMPlymouthSan FranciscoSeattle

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 5 grants2021 4 grants2022 3 grants2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $20K (2021) to $130K (2024). In 2024 it made 1 grant totaling $130K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

13 grants across all recorded years

12<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 13 (92%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$9,028$191,419
Revenue—$-49,305$-21,230
Expenses$2,439$133,086$54,125
Qualifying Distributions—$130,385$52,500
Net Investment Income—$2,203$5,712
Distributable Amount—$8,887$8,962

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS July 27, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Richard and Jaci Lindstrom Foundation is led by Jaci Lindstrom, President & Secretary on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jaci Lindstrom

    President & Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Beatrice Wolf

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Charles Lindstrom

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gregory Wolf

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Richard Lindstrom

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Richard and Jaci Lindstrom Foundation

What is Richard and Jaci Lindstrom Foundation?

Richard and Jaci Lindstrom Foundation is a private foundation focused on Education, based in Wayzata, MN.

Where does Richard and Jaci Lindstrom Foundation operate?

Richard and Jaci Lindstrom Foundation has awarded grants in California, Kentucky, Minnesota, Virginia, Washington.

What is Richard and Jaci Lindstrom Foundation's EIN?

Richard and Jaci Lindstrom Foundation's EIN (Employer Identification Number) is 41-1924685. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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