Skip to main contentwayfstrzb

Wallestad Foundation


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






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

  • 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
  • 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