Walter & Barbara E (Reishus) Pedersen Lutheran Foundation
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation is a private foundation, based in Grand Forks, ND. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 6 grants totaling $39K. Net investment income was $110K.
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation at a glance
In short: Walter & Barbara E (Reishus) Pedersen Lutheran Foundation gave $39K across 6 grants in 2025 (avg $6K), mostly in North Dakota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $38,798
- +49.2% vs 2024
- Grants made (2025)
- 6
- +200.0% vs 2024
- Average grant
- $6,466
- -50.3% vs 2024
- Median grant
- $5,388
- Total assets
- $1,358,483
- +3.4% vs 2024
- Primary geography
- North Dakota (85% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Walter & Barbara E (Reishus) Pedersen Lutheran Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Calvary Lutheran Church ($15K). Together the top 6 received $39K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How Walter & Barbara E (Reishus) Pedersen Lutheran Foundation gives
- Giving grew 36% from 2022 to 2025. Method
- In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $17K (2019) to $58K (2023). In 2025 it made 6 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Calvary Lutheran Church Grand Forks, ND | Repair of Sanctuary Organ | $15,230 |
| Northland Rescue Mission Grand Forks, ND | Replace Meal Prep Equipment | $6,212 |
| Our Savior Lutheran Church East Grand Forks, MN | Narthex and Youth Tables and Chairs | $5,776 |
| Valley Senior Living Foundation Grand Forks, ND | Assisted Listening System | $5,000 |
| Sharon Lutheran Church Grand Forks, ND | New Hallway Lighting | $4,500 |
| Fellowship of Christian Athletes Fargo, ND | Purchase Bibles | $2,080 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,358,483 | $133,604 | $74,345 | $38,798 | 6 | $50,081 | $110,315 | $46,643 |
| 2024 | $1,313,420 | $199,892 | $71,836 | $26,000 | 2 | $35,079 | $154,756 | $37,852 |
| 2023 | $1,192,522 | $728,373 | $67,909 | $58,400 | 6 | $45,235 | $13,811 | $33,211 |
| 2022 | $508,778 | $5,799 | $35,750 | $28,500 | 3 | $34,142 | $5,240 | $24,857 |
| 2021 | $531,001 | $85,575 | $7,101 | — | — | $6,074 | $79,501 | $26,723 |
| 2020 | $452,472 | $44,684 | $48,753 | $40,700 | 5 | — | $39,164 | $24,357 |
| 2019 | $456,180 | $37,558 | $25,145 | $17,000 | 1 | — | $32,191 | $23,759 |
Under IRS private-foundation payout rules, Walter & Barbara E (Reishus) Pedersen Lutheran Foundation reported a distributable amount of $47K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation is led by Mark Hall, President since 2024 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark Hall
President
Secretary & Treasurer → President, 2024
On filings since 2019
1 hr/week
No compensation reported
Kirk Tingum
Secretary & Treasurer
President → Secretary & Treasurer, 2024
On filings since 2019
1 hr/week
No compensation reported
Robert Knutson
Vice President
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Bob Knutson (2019–2023) — Vice President
Data from IRS Form 990 filings, 2019–2025. "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 Walter & Barbara E (Reishus) Pedersen Lutheran Foundation
How much does Walter & Barbara E (Reishus) Pedersen Lutheran Foundation give each year?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation gave $39K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $26K across 2 grants.
What is Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's typical grant size?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's median grant in 2025 was $5,388, and its average grant was $6,466, across 6 grants on its 2025 IRS Form 990-PF.
Where does Walter & Barbara E (Reishus) Pedersen Lutheran Foundation give grants?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation gives mostly in North Dakota: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (15%). The most frequent recipient cities were Grand Forks, ND (4 grants).
Does Walter & Barbara E (Reishus) Pedersen Lutheran Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's largest grantees?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's largest 2025 grantees include Calvary Lutheran Church ($15,230), Northland Rescue Mission ($6,212) and Our Savior Lutheran Church ($5,776), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.
How large is Walter & Barbara E (Reishus) Pedersen Lutheran Foundation?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $47K (roughly 5% of its investment assets).
What is Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's EIN?
Walter & Barbara E (Reishus) Pedersen Lutheran Foundation's EIN (Employer Identification Number) is 36-3421204. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 17, 2020)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 27, 2025)
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