Torgerson Family Foundation
The Torgerson Family Foundation is a private foundation based in Wayzata, Minnesota. It makes grants to preselected charitable organizations and reported 18 grants totaling $993,790 in 2024.
Torgerson Family Foundation at a glance
In short: Torgerson Family Foundation gave $994K across 18 grants in 2024 (avg $55K), mostly in Minnesota. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $993,790
- -1.5% vs 2023
- Grants made (2024)
- 18
- +5.9% vs 2023
- Average grant
- $55,211
- -7.0% vs 2023
- Median grant
- $43,000
- Total assets
- $9,035,463
- -0.7% vs 2023
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2024; small sample)
- Primary geography
- Minnesota (69% 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 Torgerson Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 465 Peavey Rd, Wayzata, MN 55391
Phone: (612) 215-1665
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Torgerson Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Interfaith Outreach & Community Partners ($185K). Together the top 10 received $930K.
Grant Size Distribution
78 grants across all recorded years
The most common grant size was under $50K: 46 grants of 78 (59%).
Geographic Focus
Where this funder awards grants
In 2024, 69% of grant dollars went to recipients in Minnesota, 13% to Montana, 10% to Iowa, and 8% to Kansas.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
Is Torgerson Family Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 4 of 18 grantees (22%) 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 $38K; repeat grants $60K. How we count
Medians: $30K first-time, $43K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving grew 54% from 2021 to 2024. Method
- In 2024 it paid out 192% of its IRS minimum distribution (the 5% rule). 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 $644K (2021) to $1.0M (2023). In 2024 it made 18 grants totaling $994K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Interfaith Outreach & Community Partners Plymouth, MN | General Operating Support | $185,000 |
| Norway House Minneapolis, MN | General Operating Support | $130,000 |
| Northside Achievements Zone Minneapolis, MN | General Operating Support | $124,200 |
| Cristo Rey Jesuit High School Minneapolis, MN | General Operating Support | $100,000 |
| University of Iowa Foundation Iowa City, IA | General Operating Support | $100,000 |
| Kite Foundation Prairie Village, KS | General Operating Support | $80,000 |
| Heros and Horses Manhattan, MT | General Operating Support | $75,000 |
| Beacon Interfaith Housing St. Paul, MN | General Operating Support | $50,000 |
| Rocky Mountain Elk Foundation Missoula, MT | General Operating Support | $50,000 |
| Wayzata Community Church Wayzata, MN | General Operating Support | $36,000 |
Ready to take the next step with Torgerson Family 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $9,035,463 | $1,092,656 | $1,155,555 | $993,790 | 18 | $1,002,353 | $987,454 | $521,859 |
| 2023 | $9,098,362 | $2,064,475 | $1,121,032 | $1,009,400 | 17 | $1,021,764 | $1,958,239 | $508,047 |
| 2022 | $8,154,919 | $644,211 | $956,130 | $823,500 | 12 | $830,525 | $510,606 | $549,296 |
| 2021 | $8,466,838 | $1,092,198 | $766,051 | $644,000 | 15 | $651,750 | $977,897 | $604,006 |
| 2020 | $8,140,691 | $514,279 | $944,731 | $805,134 | 16 | — | $390,267 | $515,681 |
Under IRS private-foundation payout rules, Torgerson Family Foundation reported a distributable amount of $522K 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
No mission statement for the foundation is provided. Its 2024 recipients illustrate a range of supported work: Norway House says its mission is to connect the United States with contemporary Norway through art, culture, and business; the Rocky Mountain Elk Foundation says it works to ensure the future of elk, other wildlife, their habitat, and hunting heritage. Other 2024 recipients include a foundation whose stated mission is to improve health and well-being through partnerships and philanthropy, and a foundation that supports Pease Academy, a sober high school.
Grantmaking
In 2024, the foundation made 18 grants totaling $993,790. Grants ranged from $1,000 to $185,000, with a median grant of $43,000. The largest listed grants were $185,000 to Interfaith Outreach & Community Partners, $130,000 to Norway House, $124,200 to Northside Achievements Zone, $100,000 each to Cristo Rey Jesuit High School and the University of Iowa Foundation, and $80,000 to Kite Foundation. Each was reported for general operating support.
The foundation also gave $75,000 to Heros and Horses, $50,000 each to Beacon Interfaith Housing and the Rocky Mountain Elk Foundation, $36,000 to Wayzata Community Church, $25,000 to Boulder Options, and $10,000 to Saint John’s School of Theology in 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Erik M. Torgerson, Rima F. Torgerson, and Timothy G. Gelinske as directors.
Torgerson Family Foundation's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Timothy G. Gelinske
Director
On filings since 2020
10 hrs/week
$30K (2020) → $8K (2024)
Erik M. Torgerson
Director
On filings since 2020
No compensation reported
Rima F. Torgerson
Director
On filings since 2020
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $8K, to Timothy G Gelinske (Director).
Frequently asked questions about Torgerson Family Foundation
How much does Torgerson Family Foundation give each year?
Torgerson Family Foundation gave $994K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 17 grants.
What is Torgerson Family Foundation's typical grant size?
Torgerson Family Foundation's median grant in 2024 was $43,000, and its average grant was $55,211, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Torgerson Family Foundation that year got $38K on average.
Where does Torgerson Family Foundation give grants?
Torgerson Family Foundation gives mostly in Minnesota: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Montana (13%) and Iowa (10%). The most frequent recipient cities were Minneapolis, MN (7 grants).
Does Torgerson Family Foundation give general operating support?
Yes: 100% of Torgerson Family Foundation's 2024 grants with a stated purpose (18 of 18) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Torgerson Family Foundation's largest grantees?
Torgerson Family Foundation's largest 2024 grantees include Interfaith Outreach & Community Partners ($185,000), Norway House ($130,000) and Northside Achievements Zone ($124,200), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.
How large is Torgerson Family Foundation?
Torgerson Family Foundation reported $9.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $522K (roughly 5% of its investment assets).
What does Torgerson Family Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Torgerson Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Torgerson Family Foundation's EIN?
Torgerson Family Foundation's EIN (Employer Identification Number) is 46-1001245. IRS Form 990 filing data is available on this page for 2020–2024.
Does Torgerson Family 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 September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Torgerson Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Torgerson Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Torgerson Family Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/torgerson-family-foundation-morg_b81631c80da64d06acf814813d77682c
BibTeX
@misc{grantable_461001245_2026,
author = {{Grantable}},
title = {{Torgerson Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/torgerson-family-foundation-morg_b81631c80da64d06acf814813d77682c},
note = {Accessed 2026-10-22. 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 Torgerson Family 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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