Sundet Foundation
Sundet Foundation is a private foundation based in Bloomington, Minnesota. Its 2025 filing reports grants to charitable organizations, with most grant dollars going to recipients in Minnesota.
Sundet Foundation at a glance
In short: Sundet Foundation gave $1.8M across 54 grants in 2025 (avg $34K), mostly in Minnesota. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,823,868
- -0.2% vs 2024
- Grants made (2025)
- 54
- -8.5% vs 2024
- Average grant
- $33,775
- +9.0% vs 2024
- Median grant
- $8,573
- Total assets
- $3,398,443
- -25.4% vs 2024
- New grantees (estimate)
- 15% first-time grantees (8 of 54, 2025)
- Primary geography
- Minnesota (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Sundet Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 7805 Telegraph Road 215, Bloomington, MN 55438
Phone: (952) 941-0242
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Sundet Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Norway House ($271K). Together the top 10 received $1.4M.
Grant Size Distribution
338 grants across all recorded years
The most common grant size was under $50K: 284 grants of 338 (84%).
Geographic Focus
Where this funder awards grants
In 2025, 79% of grant dollars went to recipients in Minnesota. The remaining reported shares went to Colorado (7%), Virginia (6%), Arizona (4%), and Florida (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 54 itemized grants.
States
Cities
Is Sundet Foundation open to new grantees?
15%
first-time grantees, 2025
In 2025, 8 of 54 grantees (15%) were first-time recipients. First grants averaged $6K; repeat grants $39K. How we count
Medians: $5K first-time, $10K repeat.
- 85% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 514% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.6M (2023) to $2.7M (2021). In 2025 it made 54 grants totaling $1.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Norway House Minneapolis, MN | Charitable | $271,259 |
| True Friends Annandale, MN | Charitable | $260,000 |
| U of MN Foundation Mineapolis, MN | Charitable | $153,500 |
| Mayo Clinic Foundation Rochester, MN | Charitable | $132,000 |
| Mt Carmel Ministries Alexandria, MN | Charitable | $110,000 |
| Prison Fellowship Lansdowne, VA | Charitable | $105,500 |
| Augsburg College Rochester Campus Minneapolis, MN | Charitable | $100,000 |
| Giants of the Earth Heritage Ctr Spring Grove, MN | Charitable | $100,000 |
| Minneapolis Heart Institute Foundation Minneapolis, MN | Charitable | $100,000 |
| Navigators Colorado Springs, CO | Charitable | $65,000 |
Ready to take the next step with Sundet Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,398,443 | $714,082 | $1,872,579 | $1,823,868 | 54 | $1,838,146 | $806,137 | $357,815 |
| 2024 | $4,556,940 | $980,622 | $1,885,615 | $1,827,480 | 59 | $1,837,935 | $925,698 | $363,547 |
| 2023 | $5,461,933 | $941,651 | $1,702,766 | $1,614,793 | 61 | $1,625,974 | $794,982 | $389,085 |
| 2022 | $5,873,048 | $190,879 | $1,880,527 | $1,820,026 | 84 | $1,837,323 | $75,787 | $471,245 |
| 2021 | $7,562,696 | $1,823,536 | $2,741,972 | $2,680,285 | 80 | $2,696,711 | $1,268,310 | $601,668 |
| 2020 | $8,481,132 | $576,121 | $2,593,369 | $2,529,588 | 71 | — | $375,669 | $612,563 |
Under IRS private-foundation payout rules, Sundet Foundation reported a distributable amount of $358K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. Norway House says it connects the United States with contemporary Norway through art, culture, and business. True Friends says it provides life-changing experiences that enhance independence and self-esteem for children and adults with disabilities. The Minneapolis Heart Institute Foundation describes its mission as improving cardiovascular health through research and education.
Other 2025 recipients include Minnehaha Academy, which says it provides preschool-to-grade-12 education integrating Christian faith and learning, and Alliance Defending Freedom, which says it advances what it describes as every person’s God-given right to live and speak the truth.
Grantmaking
In 2025, the foundation reported 54 grants totaling $1,823,868. Grant amounts ranged from $120 to $271,259, with a median of $8,572. Among its largest grants were $271,259 to Norway House, $260,000 to True Friends, $153,500 to the U of MN Foundation, $132,000 to Mayo Clinic Foundation, and $110,000 to Mt Carmel Ministries. Other large grants included $105,500 to Prison Fellowship and $100,000 each to Augsburg College Rochester Campus, Giants of the Earth Heritage Ctr, and the Minneapolis Heart Institute Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Leland N Sundet as director/president; Louise C Sundet as vice president; Carol Sundet-Meeker as director/president; and Dan Boeckermann, Mark Dienhard, and David Sundet as directors.
Sundet Foundation is led by Carol Sundet-Meeker, Director & President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Sundet-Meeker
Director & President
On filings since 2020
10 hrs/week
No compensation reported
Leland N. Sundet
Director & President
On filings since 2020
2 hrs/week
No compensation reported
Dan Boeckermann
Director
On filings since 2020
1 hr/week
No compensation reported
David Sundet
Director
On filings since 2020
1 hr/week
No compensation reported
Mark Dienhard
Director
On filings since 2020
1 hr/week
No compensation reported
Louise C. Sundet
Vice President
On filings since 2020
2 hrs/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 Sundet Foundation
How much does Sundet Foundation give each year?
Sundet Foundation gave $1.8M across 54 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.8M across 59 grants.
What is Sundet Foundation's typical grant size?
Sundet Foundation's median grant in 2025 was $8,573, and its average grant was $33,775, across 54 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Sundet Foundation that year got $6K on average.
Where does Sundet Foundation give grants?
Sundet Foundation gives mostly in Minnesota: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Colorado (7%) and Virginia (6%). The most frequent recipient cities were Minneapolis, MN (13 grants), Colorado Springs, CO (3 grants), St. Paul, MN (3 grants) and Golden Valley, MN (3 grants).
Does Sundet Foundation give general operating support?
Not in 2025: none of the 54 grants with a stated purpose on Sundet Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (54 grants).
Who are Sundet Foundation's largest grantees?
Sundet Foundation's largest 2025 grantees include Norway House ($271,259), True Friends ($260,000) and U of MN Foundation ($153,500), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.
How large is Sundet Foundation?
Sundet Foundation reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $358K (roughly 5% of its investment assets).
What does Sundet Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied missions. Norway House says it connects the United States with contemporary Norway through art, culture, and business. See mission & focus areas ↑
How do I apply for a grant from Sundet Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Sundet Foundation's EIN?
Sundet Foundation's EIN (Employer Identification Number) is 41-1378654. IRS Form 990 filing data is available on this page for 2020–2025.
Does Sundet Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 31, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 3, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Minnesota
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Cite this profile
Grantable. (2026). Sundet Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/sundet-foundation-morg_19cb14c290a547cb985979e0f8c1d73c
BibTeX
@misc{grantable_411378654_2026,
author = {{Grantable}},
title = {{Sundet Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/sundet-foundation-morg_19cb14c290a547cb985979e0f8c1d73c},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Sundet Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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