Funders › Minnesota

Wallestad Foundation

Edina, MN · EIN 36-3485265. Reported 59 grants totalling $1,521,600 to 34 recipients across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$6,000median grant
$1,521,600granted, 2021-2024
34recipients, as named on its returns
47%of grantees funded again the next year
$10.7Massets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Wallestad Foundation did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $6,000. Half of everything it gave fell between $5,000 and $25,000; the smallest was $2,500 and the largest $200,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

$1,000 - $5,000
6 grants
$5,000 - $10,000
25 grants
$10,000 - $25,000
13 grants
$25,000 - $50,000
7 grants
$50,000 - $100,000
4 grants
$100,000 and Up
4 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by name and state as they were written on the returns, so an organization entered under two different names appears twice. Years funded is the number of separate tax years in which that name received money.

OrganizationLocationTotal receivedGrantsYears fundedLast
National Christian FoundationAlpharetta, GA$600,000332024
NcfStpaul, MN$200,000112023
Hope AcademyEdina, MN$140,600442024
Stairstep FoundationMinneapolis, MN$87,500222023
Mobile HopeCorcoran, MN$65,000222023
Redeemer Bible ChurchMinnetonka, MN$50,000112023
Avail AcademyEdina, MN$43,000332024
River Valley ChurchBurnsville, MN$35,000222023
Dream City ChurchPhoenix, AZ$32,000222024
Helping Hands MinistriesTallulah Falls, GA$28,000112021
The King's HouseBuffalo, MN$24,000222022
City VisionBurnsville, MN$20,000112024
Overcomers Outreach MinistriesMinneapolis, MN$20,000332023
UnseenWheaton, IL$20,000332024
Young Life FoundationColorado Sprigs, CO$15,500332024
Amplify Mission NetworkEdina, MN$15,000332024
Breaker of Dawn MinistriesPlymouth, MN$15,000222023
Forever AdventureBrooklyn Center, MN$15,000332023
American Jewish Joint Distribution Committee IncNew York, NY$10,000112021
Civilization Research InitiativeEncinitas, CA$10,000112021
Edina Sting Baseball Club IncEdina, MN$10,000112022
Kings HousePittsburgh, PA$10,000112023
New Life Family ServicesRichfield, MN$7,500222024
Hope Farm SchoolMinneapolis, MN$6,000112022
Aslan's PlacePlymouth, MN$5,000112023
Eden Prairie Lions Clubs Foundation IncEden Prairie, MN$5,000112024
Halftime InstituteIrving, TX$5,000112024
Search MinistriesEdina, MN$5,000222022
St Jude Children's Research Hospital IncMemphis, TN$5,000112024
ThousandfoldIrving, TX$5,000112022
Wayman Ave ChurchMinneapolis, MN$5,000112021
Rein in SarcomaFridley, MN$2,500112023
The Minnesota Prayer BreakfastFalcon Heights, MN$2,500112022
Tree HouseMinneapolis, MN$2,500112023

16 of 34 (47%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 47%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is less consistent than most. This measures how often it paid the same organizations again. It says nothing about whether it would consider a new one.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 28 grants where we could match the recipient to a registered organization. The categories are the IRS's. The match, made from the name and address on the return, is ours.

Religion
8 grants
Human Services
5 grants
Community Improvement
4 grants
Youth Development
3 grants
Philanthropy & Grantmaking
3 grants
Medical Research
1 grant
Recreation & Sports
1 grant
Education
1 grant

Giving by year

Tax yearGrantsTotalMedian grant
202114$426,600$10,000
202215$315,000$6,000
202318$443,000$5,000
202412$337,000$7,500

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

51% of its giving went to organizations in Minnesota. If your organization is based elsewhere, look in the recipient list for grants to your area before writing.

Minnesota
$781K
Georgia
$628K
Arizona
$32K
Illinois
$20K
Colorado
$16K
Pennsylvania
$10K
Texas
$10K
New York
$10K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Natl Christian Charitable Fdn Inc16 shared recipientsDonor Advised Charitable Giving Inc12 shared recipientsNational Philanthropic Trust11 shared recipientsFidelity Investments Charitable Gift Fund9 shared recipientsAmerican Online Giving Foundation Inc8 shared recipientsThe Minneapolis Foundation6 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $6,000. A request many times that size asks for something it has rarely or never given.
  2. Check you are in its geography. Its giving is concentrated in Minnesota.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Where these numbers come from

Everything above is taken from Wallestad Foundation's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Grant figures are from its returns. Matching recipients to registered organizations, their IRS classifications, the retention rate and the funders that support the same organizations are our own calculations, described in how we build this.

Address of record on the latest return: 7701 France Ave S 360, Edina, MN, 55435. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 36-3485265 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded.

Is something here wrong about your foundation? Email hello@funderscope.com and we will correct it.