The Silseth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.9M in total assets. In 2024, it awarded 47 grants totaling $443K. Net investment income was $852K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.9M
-3.6% YoY
Annual Giving
$443K
+19.8% YoY
Grant Count
47
+23.7% YoY
Avg Grant Size
$9K
-3.1% YoY
Under IRS private-foundation payout rules, The Silseth Foundation reported a distributable amount of $352K for 2024 — the minimum it must pay out in qualifying distributions.
About The Silseth Foundation
Based on IRS filings
The Silseth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.9M in total assets. In 2024, it awarded 47 grants totaling $443K. Net investment income was $852K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,853,215 | $6,073,534 | $1,045,919 |
| Revenue | $255,819 | $5,412,741 | $448,041 |
| Expenses | $476,138 | $385,126 | $233,087 |
| Qualifying Distributions | $453,782 | $380,311 | $228,686 |
| Net Investment Income | $852,010 | $1,007,460 | $323,643 |
| Distributable Amount | $351,881 | $198,810 | $50,632 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
116 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elmbrook Church ($84,000), Elmbrook Church ($32,000), Faith Bible Church of Naples Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALDO LEOPOLD FOUNDATION INC BARABOO, WI | General & Unrestricted | $7,500 |
| ASTRONOMERS WITHOUT BORDERS INC CALABASAS, CA | General & Unrestricted | $1,000 |
| BADGER INSTITUTE INC MILWAUKEE, WI | General & Unrestricted | $7,500 |
| BILL COOK FOUNDATION GENESEO, NY | General & Unrestricted | $500 |
| BROOKLINK INC BROOKFIELD, WI | General & Unrestricted | $15,000 |
| CHRISTIAN SOLIDARITY INTERNATIONAL INC WESTLAKE VLG, CA | General & Unrestricted | $20,000 |
| COLLIER COUNTY HUNGER AND HOMELESS COALITION INC NAPLES, FL | General & Unrestricted | $2,000 |
| CYSTIC FIBROSIS FOUNDATION BETHESDA, MD | Charitable Event | $3,000 |
| DAVIDS STAR LUTHERAN CHURCH JACKSON, WI | Christmas Eve school program | $500 |
| DAVIDS STAR LUTHERAN CHURCH JACKSON, WI | Locker Project/Parent's Group | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jennifer S Binversie | Dir, Sec | 1 | — |
| John M Silseth | Dir, Pres | 2 | — |
| John B Silseth | Dir, Treas | 1 | — |
| Karen K Silseth | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Silseth Foundation?
The Silseth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $5.9M in total assets as of 2024.
How large is The Silseth Foundation?
As of 2024, The Silseth Foundation holds $5.9M in total assets with $256K in annual revenue. It awarded 47 grants totaling $443K in 2024.
Where does The Silseth Foundation operate?
The Silseth Foundation has awarded grants in California, District of Columbia, Florida, Massachusetts, Maryland, Minnesota, North Carolina, New Hampshire, New York, Ohio, Tennessee, Wisconsin.
What size grants does The Silseth Foundation award?
In 2024, The Silseth Foundation awarded 47 grants totaling $443K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Silseth Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Silseth Foundation reported a distributable amount of $352K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Silseth Foundation's EIN?
The Silseth Foundation's EIN (Employer Identification Number) is 85-3068681. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Silseth Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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