Walter & Barbara E (reishus) Pedersen Lutheran Foundation
GRAND FORKS, ND EIN: 36-3421204
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$861K
+19.9% YoY
Annual Giving
$26K
-55.5% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$13K
+33.6% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $861,413 | $718,522 | $508,778 |
| Revenue | $178,670 | $254,373 | $5,799 |
| Expenses | $35,779 | $67,909 | $35,750 |
| Qualifying Distributions | $35,079 | $45,235 | $34,142 |
| Net Investment Income | $44,194 | $13,811 | $5,240 |
| Distributable Amount | $39,389 | $33,211 | $24,857 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Walter & Barbara E (reishus) Pedersen Lutheran Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIRK TINGUM | PRESIDENT | 1 | — |
| BOB KNUTSON | VICE PRESIDENT | 1 | — |
| MARK HALL | SEC/TREAS | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Dakota $139K (81%)
Minnesota $32K (19%)
States
Cities
East Grand ForksFargoGrand ForksThompson
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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