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Jerstad Family Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Jerstad Family Foundation

4950 S Minnestota Ave

Sioux Falls, SD United States 57108

Telephone: (605) 336-0916

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $3,546,722

Total giving: $138,700

EIN

911757487

BRIDGE Number

2668828177

Background

Established in 1997 in SD - The foundation was funded by Dr. Mark Jerstad, who recognized his long-standing dream to give away one million dollars. Dr. Jerstad was diagnosed with terminal illness and used his early life-insurance settlement to establish the foundation

Purpose and Activities

Giving primarily for education, health, humanitarian causes, and churches.

Fields of Interest

Subjects
  • Christianity
  • Education
  • Elementary and secondary education
  • Health
  • Higher education
  • Human services
  • Nursing care
  • Undergraduate education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $3,546,722 (market value)

Gifts received: $28,200

Expenditures: $153,534

Total giving: $138,700

Qualifying distributions: $147,673