Walter & Barbara E (reishus) Pedersen Lutheran Foundation

GRAND FORKS, ND EIN: 36-3421204

Walter & Barbara E (reishus) Pedersen Lutheran Foundation is a private foundation, based in GRAND FORKS, ND. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $861K in total assets. In 2024, it awarded 2 grants totaling $26K. Net investment income was $44K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

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

About Walter & Barbara E (reishus) Pedersen Lutheran Foundation

Based on IRS filings

Walter & Barbara E (reishus) Pedersen Lutheran Foundation is a private foundation, based in GRAND FORKS, ND. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $861K in total assets. In 2024, it awarded 2 grants totaling $26K. Net investment income was $44K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

East Grand ForksFargoGrand ForksThompson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$70K$140K$210K$280K201920202021202220232024
Metric202420232022
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

$0$15K$29K$44K$58K1 grants20195 grants20200 grants20213 grants20226 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ST MARK'S LUTHERAN CHURCH$25KFELLOWSHIP OF CHRISTIAN …$1K

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KIRK TINGUMPRESIDENT1
BOB KNUTSONVICE PRESIDENT1
MARK HALLSEC/TREAS1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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