Sundet Foundation

Foundation · Grantmaker 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.

Key facts about Sundet Foundation

EIN
41-1378654
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,823,868
Grants made (2025)
54
Average grant
$33,775
Median grant
$8,573
New grantees (estimate)
15% first-time grantees (8 of 54, 2025)
Primary geography
Minnesota (79% of itemized 2025 grant dollars)
How to apply
The foundation is open to new applicants, with approximately 12% of new applicants receiving funding. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Sundet Foundation funds

By grant dollars, the top recipient states for Sundet Foundation's 54 itemized 2025 grants were Minnesota (79%), 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). None of its 54 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (54 grants).

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

Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Sundet Foundation

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.8M

-0.2% YoY

Grant Count

54

-8.5% YoY

Avg Grant Size

$34K

+9.0% 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

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

Share of all 54 itemized 2025 grant dollars.

Cities

MinneapolisSt PaulSpring GroveChanhassenGolden ValleyMaple GroveChicagoMineapolisColorado SpringsDillonAnnandaleAlbert LeaEdinaLansdowneOrlandoSturgeon BayTucsonRochesterWheatonAlexandria

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$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$670K$1M$2M$3M71 grants202080 grants202184 grants202261 grants202359 grants202454 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Norway House: $271KNorway House$271KTrue Friends: $260KTrue Friends$260KU of MN Foundation: $154KU of MN Foundation$154KMayo Clinic Foundation: $132KMayo Clinic Foundation$132KMt Carmel Ministries: $110KMt Carmel Ministries$110KPrison Fellowship: $106KPrison Fellowship$106KAugsburg College Rochester Campus: $100KAugsburg College RochesterCampus$100KGiants of the Earth Heritage Ctr: $100KGiants of the Earth HeritageCtr$100KMinneapolis Heart Institute Foundation: $100KMinneapolis Heart InstituteFoundation$100KNavigators: $65KNavigators$65K

Grant Size Distribution

338 grants across all recorded years

284<$50K11$50–100K36$100–250K6$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Norway House ($271,259), True Friends ($260,000), U of MN Foundation ($153,500).

RecipientPurposeAmount
NORWAY HOUSE Minneapolis, MNCHARITABLE$271,259
TRUE FRIENDS Annandale, MNCHARITABLE$260,000
U OF MN FOUNDATION Mineapolis, MNCHARITABLE$153,500
MAYO CLINIC FOUNDATION Rochester, MNCHARITABLE$132,000
MT CARMEL MINISTRIES Alexandria, MNCHARITABLE$110,000
PRISON FELLOWSHIP Lansdowne, VACHARITABLE$105,500
AUGSBURG COLLEGE ROCHESTER CAMPUS Minneapolis, MNCHARITABLE$100,000
GIANTS OF THE EARTH HERITAGE CTR Spring Grove, MNCHARITABLE$100,000
MINNEAPOLIS HEART INSTITUTE FOUNDATION Minneapolis, MNCHARITABLE$100,000
NAVIGATORS Colorado Springs, COCHARITABLE$65,000

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

No officer or director reported compensation in the available filings.

From 2025 IRS 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

Frequently Asked Questions

What does Sundet Foundation fund?

The foundation's giving priorities include: • Education • Christian organizations and Lutheran churches • Children and youth services • Social services

How do I apply for a grant from Sundet Foundation?

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Sundet Foundation make 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

What size grants does Sundet Foundation award?

In 2025, Sundet Foundation awarded 54 grants totaling $1.8M — an average of about $34K per grant, based on its IRS Form 990 filings.

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.

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

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