Sundet Foundation

BLOOMINGTON, MN EIN: 41-1378654

The Sundet Foundation is a private foundation established in 1980 and based in Bloomington, Minnesota. The foundation operates as a family foundation with a focus on philanthropic giving across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.8M

+13.2% YoY

Grant Count

59

-3.3% YoY

Avg Grant Size

$31K

+17.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

  • Education
  • Christian organizations and Lutheran churches
  • Children and youth services
  • Social services

Grantmaking

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

$120–$263,500

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple U.S. states and cities, including:

  • Primary focus: Minnesota, Illinois, and Arizona
  • Additional states with funding: California, Colorado, Texas, Washington, D.C., Florida, Georgia, Michigan, North Carolina, Nevada, and Wisconsin
  • Funding reaches both major metropolitan areas and smaller communities

Grant Distribution by State

17states
+9 more states

Cities

ALBERT LEAALEXANDRIAANNANDALEATLANTABLOOMINGTONBOONEBURNSVILLECAROL STREAMCHANHASSENCHICAGOCOLORADO SPRINGSDECORAHDILLONDULUTHDURHAMEDEN PRAIRIEEDINAFAYETTEFINLAYSONGOLDEN VALLEY

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $4,556,940
  • Total Revenue: $980,622
  • Total Expenses: $1,885,615
  • Total Giving: $1,827,480

As of 2023:

  • Total Assets: $5.46 million
  • Total Revenue: $941,651
  • Total Expenses: $1.7 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$670K$1M$2M$3M71 grants202080 grants202184 grants202261 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORWAY HOUSE$258KMT CARMEL MINISTRIES$110KPRISON FELLOWSHIP$106KMAYO CLINIC FOUNDATION$105KAUGSBURG COLLEGE ROCHEST…$100KGIANTS OF THE EARTH HERI…$100KMINNEAPOLIS HEART INSTIT…$100KNAVIGATORS$72KALLIANCE DEFENDING FREEDOM$50KFOCUS ON THE FAMILY$41K

Grant Size Distribution

250 grants across all recorded years

204<$50K12$50–100K28$100–250K5$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Leland N. Sundet – Director and President (volunteer, no compensation)
  • Carol Sundet-Meeker – Director (volunteer, no compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LELAND N SUNDETDIRECTOR/PRESIDENT2
LOUISE C SUNDETVICE PRESIDENT2
CAROL SUNDET-MEEKERDIRECTOR/PRESIDENT10
DAN BOECKERMANNDIRECTOR1
MARK DIENHARDDIRECTOR1
DAVID SUNDETDIRECTOR1

Recent News & Activity

Recent developments and announcements

2023

In December 2023, the Sundet family, in partnership with the Otto Bremer Foundation, committed $1.25 million in matching gifts to support the construction of a new Recreation Center at Camp Courage in Maple Lake, Minnesota. The matching gift program offered dollar-for-dollar matching up to $1.25 million for the project, which aims to provide enhanced accessible amenities including a temperature-controlled pool with zero entry and a gymnasium with stage facilities.

Sundet Family and Otto Bremer Foundation Give $1.25 Million in Matching Gifts

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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