Farstad Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Farstad Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 81-3844675
Foundation Overview
Based in Minot, ND, Farstad Foundation has awarded 8 grants totaling $428,959 to organizations in North Dakota. Individual grants range from $2,959 to $150,000, with a median award of $37,500.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
3 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
100% of all grants are concentrated in North Dakota, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Dakota, funding concentrates in Minot (63%), Fargo (25%), Rolla (13%).
Funding Trajectory
Strong 128% growth in annual giving over 5 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (60%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Farstad Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Dakota Territory Air Museum | $25,000 | Minot, ND, US | General Operations And Scholarships. | 2021 |
| Souris Valley Animal Shelter | $150,000 | Minot, ND, US | To Provide Support For New Building. | 2021 |
| Turtle Mountain Animal Rescue | $2,959 | Rolla, ND, US | General Operations. | 2021 |
| Creative Plains Foundation | $98,000 | Fargo, ND, US | To Provide General Support For The Program And Administrative Needs Of The Organization. | 2020 |
| Dakota Territory Air Museum | $25,000 | Minot, ND, US | General Operations And Scholarships. | 2020 |
| Souris Valley Animal Shelter | $50,000 | Minot, ND, US | To Provide Support For New Building. | 2020 |
| Creative Plains Foundation | $75,000 | Fargo, ND, US | To Provide General Support For The Program And Administrative Needs Of The Organization. | 2016 |
| Souris Valley United Way Back Pack Buddies Program | $3,000 | Minot, ND, US | To Provide Food For Children In Minot, North Dakota And The Surrounding Areas. | 2016 |
Foundations Similar to Farstad Foundation
Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in ND that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Minot Fireworks Association Inc
EIN: 82-4981108 | 1 grants awarded |
$0
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$20,700
median grant |
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|
Wendy & Derek Pew Foundation Inc
EIN: 01-0566881 | 4 grants awarded |
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The Truth Fund I Inc
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Related Foundation Resources in ND:
Contact Information
Official contact details for Farstad Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 81-3844675 |
| Website | http://www.farstadfoundation.org |
| Address | PO BOX 1285 Fargo, ND 58107-1285 |
Key People (5)
Board members, trustees, and key staff who oversee Farstad Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Jeffery Farstad |
|---|---|
| Secretary/treasurer | Christine Jaeger |
| Director | Kathy Farstad |
| Director | Shane Farstad |
| Director | Teresa Coleman |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Farstad Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.