ST. OLAF COLLEGE CHALLENGES STUDENTS TO EXCEL IN THE LIBERAL ARTS, EXAMINE FAITH AND VALUES, AND EXPLORE MEANINGFUL VOCATION IN AN INCLUSIVE, GLOBALLY ENGAGED COMMUNITY NOURISHED BY LUTHERAN TRADITION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2B
+10.3% YoY
Annual Giving
$63K
+60.3% YoY
Grant Count
7
+250.0% YoY
Avg Grant Size
$9K
-54.2% YoY
About St Olaf College
Based on IRS filings
St Olaf College is a nonprofit organization focused on Education, based in NORTHFIELD, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.2B in total assets. In 2024, it awarded 7 grants totaling $63K. Net investment income was $51.9M.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,185,849,276 | $1,075,424,048 | $1,064,982,864 |
| Revenue | $299,892,996 | $251,573,289 | $293,547,623 |
| Expenses | $272,557,639 | $252,822,741 | $233,491,087 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,946,444 | $17,011,010 | $64,025,237 |
| 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 7 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN RUNDELL SINGER | PRESIDENT | 40 | $315,593 |
| SUSAN GUNDERSON | CHAIR | 1.7 | — |
| JAY LUND | VICE CHAIR | 1.7 | — |
| PAUL GRANGAARD | TREASURER | 1.7 | — |
| BRENDA MCCORMICK | REGENT | 1.7 | — |
| CHAD JERDEE | REGENT | 1.7 | — |
| CHRISTOPHER KLEIN | OUTGOING REGENT | 1.7 | — |
| CRAIG DEAN | REGENT | 1.7 | — |
| GREGORY BUCK | OUTGOING REGENT | 1.7 | — |
| JEFFREY BOLTON | REGENT | 1.7 | — |
| JENNIFER HELLMAN | REGENT | 1.7 | — |
| JOAN ERICKSEN | REGENT | 1.7 | — |
| JOHN RAITT | REGENT | 1.7 | — |
| KATHYRN LOHRE | REGENT | 1.7 | — |
| LAURIE NORDQUIST | REGENT | 1.7 | — |
| MARIEM ZAGHDOUDI | REGENT | 1.7 | — |
| MARVIN BENTON | REGENT | 1.7 | — |
| SCOTT OKUNO | REGENT | 1.7 | — |
| SEAN BURRESS | REGENT | 1.7 | — |
| STEPHANIE FEHR | REGENT | 1.7 | — |
| THERESA HULL WISE | REGENT | 1.7 | — |
| TIMOTHY MAUDLIN | REGENT | 1.7 | — |
| WARD KLEIN | REGENT | 1.7 | — |
| WILLIAM GAFKJEN | OUTGOING REGENT | 1.7 | — |
| MARCI SORTOR | PROVOST AND DEAN OF THE COLLEGE | 40 | $257,877 |
| CARL CROSBY LEHMANN | GENERAL COUNSEL | 40 | $245,909 |
| ENOCH BLAZIS | VP FOR ADVANCEMENT | 40 | $233,918 |
| MICHAEL KYLE | VP FOR ENROLLMENT | 40 | $227,579 |
| HASSEL MORRISON | VP FOR STUDENT LIFE | 40 | $168,165 |
| LESLIE MOORE | FORMER VP FOR HUMAN RESOURCES | 40 | $154,275 |
| NATHAN ENGLE | ASST VP AND CONTROLLER | 40 | $134,038 |
| JO BELD | SECRETARY | 40 | $138,149 |
| JASON ENGBRECHT | ASSOCIATE PROVOST | 40 | $132,446 |
| REGINALD MILES | INTERIM VP FOR EQUITY AND INCLUSION | 40 | $99,969 |
| MICHAEL BERTHELSEN | VP AND CFO | 40 | $87,998 |
| CHRISTOPHER GEORGE | DEAN OF ADMISSIONS AND FINANCIAL AID | 40 | $170,633 |
| ROBERTA LEMBKE | CHIEF INFORMATION OFFICER | 40 | $167,291 |
| REBECCA OTTEN | ASST VP FOR ADVANCEMENT | 40 | $161,933 |
| KATIE WARREN | CHIEF MARKETING OFFICER | 40 | $157,882 |
| ANGELA MATHEWS | ASST VP FOR BUDGET AND AUXILIARIES | 40 | $151,662 |
| DAVID ANDERSON | FORMER PRESIDENT | 40 | $751,115 |
| JANET HANSON | FORMER VP AND CFO | 40 | $118,026 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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MINNETONKA, MN
Assets
—
Grants
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Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
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Total Given
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Love 4 One Another Charities
CHANHASSEN, MN
Assets
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Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
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2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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