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Minnesota · Private foundation

Wallestad Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$337k
Granted FY2024(still arriving)
12
Grants FY2024
18
Organizations funded FY2023
22%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$10,000
Largest grant, FY2024
$200,000
Organizations funded a year
12 to 19
FY2017 to FY2023
States reached, FY2024
7
Total assets, FY2024
$7.6M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 22% of the organizations Wallestad Foundation funded were first-time grantees, receiving 59% of its grant dollars.

New vs renewed · share of each year

In FY2023, 41% of grant dollars renewed an existing relationship; $260k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
ReligionHuman ServicesHealthCommunity ImprovementEnvironmentEducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving12$337k25%
FY202318$443k22%
FY202215$315k40%
FY202114$427k29%
FY202012$351k8%
FY201919$338k32%
FY201815$419k40%
FY201713$589kn/a
97% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$1.7MReligion$689kEducation$272kCommunity Improvement$169kInternational$159kHousing & Shelter$65kHealth$36kArts & Culture$35kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
IL
NY
PA
CA
CO
AZ
TN
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
National Christian Foundation Inc$1,500,00073%
Hope Academy Inc$222,90080%
Halftime Institute$205,00044%
Stairstep Foundation$163,50063%
The American Jewish Joint Distribution Committee Inc$134,00050%
Pulse Outreach$85,00030%
Mobile Hope$65,000210%
Redeemer Bible Church$50,0001n/a
Calvin Christian School of Minneapolis$43,00030%
River Valley Church$35,0002n/a
Show all 29 grantees
All grantees of Wallestad Foundation by total granted
GranteeTotal grantedYearsShare of their budget
National Christian Foundation Inc$1,500,00073%
Hope Academy Inc$222,90080%
Halftime Institute$205,00044%
Stairstep Foundation$163,50063%
The American Jewish Joint Distribution Committee Inc$134,00050%
Pulse Outreach$85,00030%
Mobile Hope$65,000210%
Redeemer Bible Church$50,0001n/a
Calvin Christian School of Minneapolis$43,00030%
River Valley Church$35,0002n/a
Lower East Side Tenement Museum$35,00030%
Helping Hands Ministries Inc$34,00020%
Young Life Foundation$28,5007n/a
Forever Adventure$25,00058%
City Vision$20,000110%
Amplify Mission Network$20,00041%
Unseen$20,00031%
Servant Leaders Support Inc$20,0003n/a
Treehouse Inc$17,50030%
Wayzata Community Church Foundation$15,0002n/a
New Life Family Services$10,00030%
Civilization Research Initiative$10,00011%
Edina Sting Baseball Club Inc$10,0001n/a
Minnesota Prayer Breakfast Inc$8,50034%
Hope Farm School$6,00011%
St Jude Children's Research Hospital Inc$5,00010%
Eden Prairie Lions Club Foundation Inc$5,0001n/a
Karen Wyckoff Rein in Sarcoma$3,50020%
St Lukes Episcopal Church$2,0001n/a

What it could do for these grantees

Plus 14 recipients with no EIN on record ($420k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Wallestad Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetNational Christian Foundation Inc: $1,500,000 over 7y, 3.5% of budgetHope Academy Inc: $222,900 over 8y, 0.4% of budgetHalftime Institute: $205,000 over 4y, 4.0% of budgetStairstep Foundation: $163,500 over 6y, 3.0% of budgetThe American Jewish Joint Distribution Committee Inc: $134,000 over 5y, 0.0% of budgetPulse Outreach: $85,000 over 3y, 0.5% of budgetMobile Hope: $65,000 over 2y, 9.9% of budgetCalvin Christian School of Minneapolis: $43,000 over 3y, 0.5% of budgetLower East Side Tenement Museum: $35,000 over 3y, 0.2% of budgetHelping Hands Ministries Inc: $34,000 over 2y, 0.1% of budgetForever Adventure: $25,000 over 5y, 8.3% of budgetCity Vision: $20,000 over 1y, 9.6% of budgetAmplify Mission Network: $20,000 over 4y, 1.4% of budgetUnseen: $20,000 over 3y, 1.0% of budgetTreehouse Inc: $17,500 over 3y, 0.2% of budgetNew Life Family Services: $10,000 over 3y, 0.1% of budgetCivilization Research Initiative: $10,000 over 1y, 0.6% of budgetMinnesota Prayer Breakfast Inc: $8,500 over 3y, 4.3% of budgetHope Farm School: $6,000 over 1y, 0.9% of budgetSt Jude Children's Research Hospital Inc: $5,000 over 1y, 0.0% of budgetKaren Wyckoff Rein in Sarcoma: $3,500 over 2y, 0.4% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 21.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Minneapolis FoundationMN17.5× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Minneapolis Foundation · Thrivent Charitable Impact & Investing · Natl Christian Charitable Fdn Inc · Christian Community Foundation Inc · The US Charitable Gift Trust · American Gift Fund · Mightycause Charitable Foundation · National Philanthropic Trust · American Endowment Foundation · Renaissance Charitable Foundation Inc · The Blackbaud Giving Fund · Charities Aid Foundation America

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Wallestad Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Wallestad Foundation?

Find your warmest path to Wallestad Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Wallestad Foundation

How much does Wallestad Foundation give?
Wallestad Foundation reported 12 grants totaling $337,000 in its FY2024 IRS filing. It funded between 12 and 19 organizations a year over FY2017 to FY2023.
What does Wallestad Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Philanthropy (53%), Religion (21%), Education (8%).
Who are Wallestad Foundation's largest grantees?
By total granted over FY2017 to FY2024: National Christian Foundation Inc ($1.5M), Hope Academy Inc ($223k), Halftime Institute ($205k).
Does Wallestad Foundation fund new organizations?
In FY2023, 22% of the organizations it funded were first-time grantees.
Does Wallestad Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Wallestad Foundation?
Its strongest co-funders, measured against what their size predicts, include The Minneapolis Foundation, Thrivent Charitable Impact & Investing, Natl Christian Charitable Fdn Inc.
Where is Wallestad Foundation based?
Wallestad Foundation is based in MN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 43 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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