Steve and Gretchen Stenehjem Foundation
Steve and Gretchen Stenehjem Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATFORD CITY, ND. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $297K. Net investment income was $1.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.5M
+53.1% YoY
Annual Giving
$297K
+91.7% YoY
Grant Count
1
-92.9% YoY
Avg Grant Size
$297K
+2583.9% YoY
About Steve and Gretchen Stenehjem Foundation
Based on IRS filings
Steve and Gretchen Stenehjem Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATFORD CITY, ND. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 1 grants totaling $297K. Net investment income was $1.8M.
Focus Areas
Ready to take the next step with Steve and Gretchen Stenehjem Foundation?
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 | $14,483,199 | $9,459,695 | $4,291,418 |
| Revenue | $5,422,364 | $5,376,054 | $2,545,062 |
| Expenses | $398,860 | $206,929 | $37,231 |
| Qualifying Distributions | $301,132 | $159,315 | $10,100 |
| Net Investment Income | $1,765,954 | $1,728,440 | $3,523 |
| Distributable Amount | $595,940 | $301,671 | $159,575 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
16 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 |
|---|---|---|---|
| Stephen L Stenehjem | Chairman | 1 | — |
| Gretchen K Stenehjem | Trustee | 1 | — |
| Stephen P Stenehjem | Trustee | 1 | — |
| Kira Stenehjem-Noll | Trustee | 1 | — |
| Erik P Stenehjem | Trustee | 1 | — |
| Kristen K Stenehjem | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
North Dakota Right to Life Association
BISMARCK, ND
Assets
$164K
Grants
3
Total Given
$26K
Tp Mulick Family Education Foundation
MINOT, ND
Assets
$2.4M
Grants
1
Total Given
$62K
Fishes and Loaves From Jesus Christ Inc
FARGO, ND
Assets
—
Grants
9
Total Given
$17K
West River Health Services
HETTINGER, ND
Assets
$34.8M
Grants
1
Total Given
$20K
The Devils Lake Area Foundation
DEVILS LAKE, ND
Assets
$11.3M
Grants
11
Total Given
$158K
Matthew 25 Project Minot
MINOT, ND
Assets
$41K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Steve and Gretchen Stenehjem Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities