The Ted and Lorraine Glasrud Family Foundation Inc
The Ted and Lorraine Glasrud Family is a private foundation based in Gilbert, Arizona. It supports charitable organizations through grants; its 2024 filing says it solicits and reviews applications associated with the charitable goals and interests of foundation members.
The Ted and Lorraine Glasrud Family Foundation Inc at a glance
In short: The Ted and Lorraine Glasrud Family Foundation Inc gave $535K across 28 grants in 2024 (avg $19K), top state Florida. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $535,000
- +12.4% vs 2023
- Grants made (2024)
- 28
- -3.4% vs 2023
- Average grant
- $19,107
- +16.4% vs 2023
- Median grant
- $11,750
- Total assets
- $9,185,262
- -3.7% vs 2023
- New grantees (estimate)
- 11% first-time grantees (3 of 28, 2024)
- Primary geography
- Florida (31% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Ted and Lorraine Glasrud Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It solicits and reviews applications associated with its members’ charitable goals and interests; the filing names Deborah Lentsch as the application contact.
- Contact
Application contact: Deborah Lentsch
Mailing address: 5032 E Cochise Rd, 5032 E Cochise Rd, Paradise Valley, AZ 85253-1068
Phone: (480) 926-0666
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Ted and Lorraine Glasrud Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Banner Health Foundation ($135K). Together the top 10 received $360K.
Grant Size Distribution
139 grants across all recorded years
The most common grant size was under $50K: 132 grants of 139 (95%).
Geographic Focus
Where this funder awards grants
The foundation is based in Gilbert, Arizona. In 2024, grant dollars went to recipients in Florida (31%), Arizona (29%), Minnesota (24%), Iowa (13%), and Texas (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 28 itemized grants.
Cities
Is The Ted and Lorraine Glasrud Family Foundation Inc open to new grantees?
11%
first-time grantees, 2024
In 2024, 3 of 28 grantees (11%) were first-time recipients. First grants averaged $23K; repeat grants $19K. How we count
Medians: $10K first-time, $12K repeat.
- 86% of 2024 grantees were also funded in 2023. Method
- Giving grew 34% from 2021 to 2024. Method
- In 2024 it paid out 89% 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 (2020–2024). 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 2024, annual grant giving ranged from $398K (2021) to $535K (2024). In 2024 it made 28 grants totaling $535K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Banner Health Foundation Phoenix, AZ | Medical and Human Services | $135,000 |
| Belwin Conservatory Afton, MN | Evironmental | $50,000 |
| American Red Cross Hurricane Fund Boone, IA | Charitable | $50,000 |
| Martin Memorial Foundation Stuart, FL | Health and Human Services | $25,000 |
| Coe Fund Coe College Cedar Rapids, IA | Education | $20,000 |
| St Jude Children's Research Hospita St Louis Park, MN | Medical Human Services | $20,000 |
| Big Bro Big Sis of Martin County West Palm Beach, FL | Health and Human Services | $15,000 |
| Molly's House Stuart, FL | Health and Human Services | $15,000 |
| St Mary's Food Bank Phoenix, AZ | Health and Human Services | $15,000 |
| White Bear Lake Area Education Foun White Bear Lake, MN | Education | $15,000 |
Ready to take the next step with The Ted and Lorraine Glasrud Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $9,185,262 | $641,397 | $635,714 | $535,000 | 28 | $538,255 | $543,938 | $605,845 |
| 2023 | $9,542,957 | $531,794 | $563,020 | $476,000 | 29 | $479,125 | $447,899 | $532,934 |
| 2022 | $7,512,386 | $649,474 | $552,333 | $485,000 | 28 | $488,532 | $591,597 | $484,890 |
| 2021 | $7,415,245 | $453,396 | $466,949 | $398,000 | 26 | $400,675 | $400,910 | $482,789 |
| 2020 | $7,428,798 | $527,544 | $449,231 | $408,000 | 28 | — | $487,538 | $404,583 |
Under IRS private-foundation payout rules, The Ted and Lorraine Glasrud Family Foundation Inc reported a distributable amount of $606K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes its activity as soliciting and reviewing grant applications connected to members’ charitable goals and interests. Its 2024 grants show support for organizations in areas including health and human services, education, environmental work, and other charitable services.
Among its grantees, Banner Health Foundation says it secures charitable contributions for facilities and programs supporting care, research, medical education, patient services, and community benefits. Boys & Girls Club of Martin County describes its mission as helping young people reach their potential through club experiences that support graduation, future plans, character, and citizenship. Molly’s House says it provides affordable, supportive accommodations for patients and families during medical treatment.
Grantmaking
In 2024, the foundation gave $535,000 through 28 grants. Grant amounts ranged from $5,000 to $135,000, with a median of $11,750. Its largest 2024 grants included $135,000 to Banner Health Foundation, $50,000 each to Belwin Conservatory and the American Red Cross Hurricane Fund, and $25,000 to Martin Memorial Foundation. Other grants included $20,000 to Coe Fund Coe College and $20,000 to St. Jude Children’s Research Hospital.
The foundation states that it contributes only to preselected charitable organizations and does not accept unsolicited requests for funds. Its filing identifies Deborah Lentsch as the contact for applications.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Sharon E. Glasrud as secretary and Deborah Lentsch as CEO.
The Ted and Lorraine Glasrud Family Foundation Inc is led by Deborah Lentsch, CEO on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Deborah Lentsch
CEO
On filings since 2020
1 hr/week
No compensation reported
Sharon E. Glasrud
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Ted and Lorraine Glasrud Family Foundation Inc
How much does The Ted and Lorraine Glasrud Family Foundation Inc give each year?
The Ted and Lorraine Glasrud Family Foundation Inc gave $535K across 28 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $476K across 29 grants.
What is The Ted and Lorraine Glasrud Family Foundation Inc's typical grant size?
The Ted and Lorraine Glasrud Family Foundation Inc's median grant in 2024 was $11,750, and its average grant was $19,107, across 28 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Ted and Lorraine Glasrud Family Foundation Inc that year got $23K on average.
Where does The Ted and Lorraine Glasrud Family Foundation Inc give grants?
The Ted and Lorraine Glasrud Family Foundation Inc's top state is Florida, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Arizona (29%) and Minnesota (24%). The most frequent recipient cities were Stuart, FL (6 grants), Phoenix, AZ (3 grants), St. Paul, MN (3 grants) and St Louis Park, MN (2 grants).
Does The Ted and Lorraine Glasrud Family Foundation Inc give general operating support?
Not in 2024: none of the 28 grants with a stated purpose on The Ted and Lorraine Glasrud Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Health and Human Services" (9 grants), "Education" (5 grants) and "Charitable" (4 grants).
Who are The Ted and Lorraine Glasrud Family Foundation Inc's largest grantees?
The Ted and Lorraine Glasrud Family Foundation Inc's largest 2024 grantees include Banner Health Foundation ($135,000), Belwin Conservatory ($50,000) and American Red Cross Hurricane Fund ($50,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is The Ted and Lorraine Glasrud Family Foundation Inc?
The Ted and Lorraine Glasrud Family Foundation Inc reported $9.2M in total assets on its 2024 IRS Form 990-PF. It paid out $538K in qualifying distributions that year, against a required minimum of $606K (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 Ted and Lorraine Glasrud Family Foundation Inc fund?
The foundation’s filing describes its activity as soliciting and reviewing grant applications connected to members’ charitable goals and interests. See mission & focus areas ↑
How do I apply for a grant from The Ted and Lorraine Glasrud Family Foundation Inc?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Ted and Lorraine Glasrud Family Foundation Inc's EIN?
The Ted and Lorraine Glasrud Family Foundation Inc's EIN (Employer Identification Number) is 30-0094715. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Ted and Lorraine Glasrud Family Foundation Inc 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 September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). The Ted and Lorraine Glasrud Family Foundation Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/the-ted-and-lorraine-glasrud-family-foundation-inc-morg_1978d439490b497494f38e7819e1a292
BibTeX
@misc{grantable_300094715_2026,
author = {{Grantable}},
title = {{The Ted and Lorraine Glasrud Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-ted-and-lorraine-glasrud-family-foundation-inc-morg_1978d439490b497494f38e7819e1a292},
note = {Accessed 2026-10-06. 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 Ted and Lorraine Glasrud Family Foundation Inc'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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