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Wallestad Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Wallestad Foundation

730 Second Ave. S., Ste. 415

Minneapolis, MN United States 55402

Telephone: (612) 288-2233

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $8,737,992

Total giving: $45,223

EIN

363485265

BRIDGE Number

6149527457

Background

Established in 1986 in MN

Purpose and Activities

Giving primarily to Christian agencies and churches.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a PRI in the form of a loan to a Lutheran church to support their program related operations and capital improvement needs. The foundation has also made PRIs to a child development center to support their program related operations, to Christian organizations, and to a youth development organization.

Fields of Interest

Subjects
  • Addiction services
  • Child welfare
  • Christianity
  • Education
  • Elementary and secondary education
  • Family services
  • Health
  • Human services
  • Mental health care
  • Nonprofits
Population Groups
  • Academics
  • Children and youth
  • Christians
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Female adolescents
  • Female children and youth
  • Females
  • Low-income and poor people
  • Students
Organizations
  • Public charities
  • Religious institutions

Financial Data

Year ended 2014-12-31

Assets: $8,737,992 (market value)

Expenditures: $294,162

Total giving: $45,223

Qualifying distributions: $144,602