The Leonard Rydell Foundation

Private foundation · Grantmaker Grand Forks, ND EIN: 45-0459133

The Leonard Rydell Foundation is a private foundation based in Grand Forks, an individual recipient Its 2025 filing reports educational scholarships as its only award type and lists 23 grants totaling $54,000.

The Leonard Rydell Foundation at a glance

In short: The Leonard Rydell Foundation gave $54K across 23 grants in 2025 (avg $2K), top state Minnesota. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$54,000
-43.8% vs 2024
Grants made (2025)
23
-42.5% vs 2024
Average grant
$2,348
-2.2% vs 2024
Median grant
$2,000
Total assets
$1,703,829
+9.0% vs 2024
New grantees (estimate)
33% first-time grantees (6 of 18, 2025; small sample)
Primary geography
Minnesota (33% 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 The Leonard Rydell Foundation

How to Apply

The filing specifies a prescribed application form and educational scholarships only, with a maximum award of $2,000.

Review Cycle
July preceding the beginning of the school year.
Deadline
July preceding the beginning of the school year.
Contact

Application contact: Matt Jacobson Alerus Financial
Mailing address: PO Box 6001, Grand Forks, ND 58206-6001
Phone: (701) 795-3200

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Leonard Rydell Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Northern Arizona University: $4KNorthern Arizona University$4KAugsburg University: $2KAugsburg University$2KAugustana University: $2KAugustana University$2KConcordia College: $2KConcordia College$2KGrand Canyon University: $2KGrand Canyon University$2KIdaho State University: $2KIdaho State University$2KMillikin University: $2KMillikin University$2KNorthern State University: $2KNorthern State University$2KSoutheast Community College: $2KSoutheast Community College$2KSt John's University: $2KSt John's University$2K

The largest 2025 recipient was Northern Arizona University ($4K). Together the top 10 received $22K.

Organizations only. It also paid 5 individual scholarships ($16,000), which are not listed by name.

Grant Size Distribution

152 grants across all recorded years

152<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 152 grants of 152 (100%).

Geographic Focus

Where this funder awards grants

The 2025 filing reports that grant dollars went to recipients in Minnesota (33%), an individual recipient (15%), an individual recipient (11%), Arizona (11%), and Illinois (7%). Listed recipients were also located in Idaho and Montana.

Grant Distribution by State

23states

Share of 2025 grant dollars across all 23 itemized grants.

Cities

MilwaukeeGrand ForksLincolnMadisonRochesterWinonaAberdeenAmesLaramieSaint PaulSioux FallsBemidjiBillingsBismarckMequonMitchellMorrisPhoenixSpokaneWayne

Is The Leonard Rydell Foundation open to new grantees?

33%

first-time grantees, 2025

In 2025, 6 of 18 grantees (33%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $2K; repeat grants $2K. How we count

Medians: $2K first-time, $2K repeat.

  • 39% of 2025 grantees were also funded in 2024. Method
  • Giving fell 21% from 2022 to 2025. Method
  • In 2025 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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

$0$25K$50K$75K$100K18 grants2019 28 grants2020 32 grants2021 29 grants2022 28 grants2023 40 grants2024 23 grants2025

From 2019 to 2025, annual grant giving ranged from $50K (2019) to $96K (2024). In 2025 it made 23 grants totaling $54K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
5 individual scholarships Recipients not named —$16,000
Northern Arizona University Flagstaff, AZScholarship$4,000
Augsburg University Minneapolis, MNScholarship$2,000
Augustana University Sioux Falls, SDScholarship$2,000
Concordia College Moorhead, MNScholarship$2,000
Grand Canyon University Phoenix, AZScholarship$2,000
Idaho State University Pocatello, IDScholarship$2,000
Millikin University Decatur, ILScholarship$2,000
Northern State University Aberdeen, SDScholarship$2,000
Southeast Community College Beatrice, NEScholarship$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,703,829$204,924$64,877$54,00023$57,519$98,831$83,164
2024$1,562,897$108,317$108,794$96,00040$99,339$90,032$75,418
2023$1,563,374$133,967$71,204$60,00028$63,115$42,185$69,954
2022$1,500,611$146,056$85,349$68,00029$71,132$33,661$70,430
2021$1,439,904$213,996$93,157$80,00032$83,850$165,851$72,993
2020$1,319,065$104,658$74,610$62,00028—$88,306$69,527
2019$1,289,017$103,963$60,457$50,00018—$64,995$65,558

Under IRS private-foundation payout rules, The Leonard Rydell Foundation reported a distributable amount of $83K 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 filing describes its awards as educational scholarships only. Its 2025 grantees include universities and community colleges. For example, Millikin University describes its mission as integrating theory and practice to prepare students for professional success, democratic citizenship, and a meaningful personal life. An individual recipient Community College says its mission is to assist in providing educational opportunities.

Grantmaking

In 2025, the foundation reported 23 grants totaling $54,000. Awards ranged from $2,000 to $6,000, with a median of $2,000. The largest listed grants were $6,000 to an individual recipient State University for a scholarship, $4,000 to Northern Arizona University for a scholarship, and $4,000 to an individual recipient in Minnesota for a scholarship. Other listed recipients receiving $2,000 each included Augsburg University, Concordia College, Grand Canyon University, an individual recipient Community College, and Millikin University.

The filing states that the foundation does not restrict giving to preselected organizations. It also states that applicants should use a prescribed application form and that awards are for educational scholarships only, with a maximum of $2,000 per award.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Wes Rydell as president and director; Dennis Lunde as vice president and director; Ivan Gandrud as treasurer and director; Randy Nehring as secretary and director; and Jim Rydell and Connie Mondry as directors.

The Leonard Rydell Foundation is led by Wes Rydell, President & Director on every filing since 2019; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Wes Rydell

    President & Director

    On filings since 2019

    No compensation reported

  • Connie Mondry

    Director

    On filings since 2019

    No compensation reported

  • Dennis Lunde

    Vice President & Director

    On filings since 2019

    No compensation reported

  • Ivan Gandrud

    Treasurer & Director

    On filings since 2019

    No compensation reported

  • Jim Rydell

    Director

    On filings since 2019

    No compensation reported

  • Randy Nehring

    Secretary & Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The Leonard Rydell Foundation

How much does The Leonard Rydell Foundation give each year?

The Leonard Rydell Foundation gave $54K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $96K across 40 grants.

What is The Leonard Rydell Foundation's typical grant size?

The Leonard Rydell Foundation's median grant in 2025 was $2,000, and its average grant was $2,348, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Leonard Rydell Foundation that year got $2K on average.

Where does The Leonard Rydell Foundation give grants?

The Leonard Rydell Foundation's top state is Minnesota, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were North Dakota (15%) and South Dakota (11%).

Does The Leonard Rydell Foundation give general operating support?

Not in 2025: none of the 23 grants with a stated purpose on The Leonard Rydell Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (23 grants).

Who are The Leonard Rydell Foundation's largest grantees?

The Leonard Rydell Foundation's largest 2025 grantees include Northern Arizona University ($4,000), Augsburg University ($2,000) and Augustana University ($2,000), according to its 2025 IRS Form 990-PF. It also paid 5 individual scholarships ($16,000), which are not listed by name. Together they received 15% of its itemized 2025 grant dollars.

How large is The Leonard Rydell Foundation?

The Leonard Rydell Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $83K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does The Leonard Rydell Foundation fund?

No mission statement for the foundation is provided. Its 2025 filing describes its awards as educational scholarships only. Its 2025 grantees include universities and community colleges. See mission & focus areas ↑

How do I apply for a grant from The Leonard Rydell Foundation?

The filing specifies a prescribed application form and educational scholarships only, with a maximum award of $2,000. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Leonard Rydell Foundation's EIN?

The Leonard Rydell Foundation's EIN (Employer Identification Number) is 45-0459133. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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Cite this profile

Grantable. (2026). The Leonard Rydell Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-leonard-rydell-foundation-morg_10a25c18cdfb48e3a76c5f4ef3063e5e

BibTeX
@misc{grantable_450459133_2026,
  author       = {{Grantable}},
  title        = {{The Leonard Rydell Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-leonard-rydell-foundation-morg_10a25c18cdfb48e3a76c5f4ef3063e5e},
  note         = {Accessed 2026-10-14. 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 The Leonard Rydell 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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