Steve and Gretchen Stenehjem Foundation

WATFORD CITY, ND EIN: 87-4132712

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M2021202220232024
Metric202420232022
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

$0$74K$149K$223K$297K0 grants20211 grants202214 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

American Endowment Found…$297K

Grant Size Distribution

16 grants across all recorded years

14<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Steve and Gretchen Stenehjem Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Stephen L StenehjemChairman1
Gretchen K StenehjemTrustee1
Stephen P StenehjemTrustee1
Kira Stenehjem-NollTrustee1
Erik P StenehjemTrustee1
Kristen K StenehjemTrustee1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

7states

Cities

ArlingtonAustinFargoGolden ValleyGrand ForksHudsonPhoenixRestonRichmondSpringfieldWashingtonWatford CityWest Fargo

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

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