The Minnesota State Capitol

Form 990-PFTax year 2024EIN 36-3485265

Wallestad Foundation

A private foundation in Edina, MN. Its return for tax year 2024 lists 12 grants and $337,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Andrew Bennett Wallestad Foundation
7701 France Avenue S Suite 360
Edina, MN 55435
(612) 288-2292
Form and materials
A letter to andrew bennett including IRS exempt status letter, ministry budget, ministry literature.
Deadlines
None
Restrictions
The foundation gives primarily to christian mission organizations but reserves the right to give within broader purposes allowed by its tax-exempt status.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $337,000

    Grants listed
    12
    Assets, end of year
    $7,579,079
  • Tax year 2023

    $443,000

    Grants listed
    18
    Assets, end of year
    $7,443,741
  • Tax year 2022

    $315,000

    Grants listed
    15
    Assets, end of year
    $7,226,112
  • Tax year 2021

    $426,600

    Grants listed
    14
    Assets, end of year
    $7,645,247
  • Tax year 2020

    $351,000

    Grants listed
    12
    Assets, end of year
    $7,505,179
  • Tax year 2019

    $337,500

    Grants listed
    19
    Assets, end of year
    $7,364,063
  • Tax year 2018

    $418,500

    Grants listed
    15
    Assets, end of year
    $7,488,620

Grants paid in 2024

12 grants, largest first

As listed on the return.

  1. National Christian FoundationAlpharetta, GA

    General purpose

    $200,000
  2. Dream City ChurchPhoenix, AZ

    General purpose

    $27,000
  3. Avail AcademyEdina, MN

    General purpose

    $25,000
  4. Hope AcademyEdina, MN

    General purpose

    $25,000
  5. City VisionBurnsville, MN

    General purpose

    $20,000
  6. UnseenWheaton, IL

    General purpose

    $10,000
  7. Amplify Mission NetworkEdina, MN

    General purpose

    $5,000
  8. Halftime InstituteIrving, TX

    General purpose

    $5,000
  9. New Life Family ServicesMinneapolis, MN

    General purpose

    $5,000
  10. Young Life FoundationColorado Springs, CO

    General purpose

    $5,000
  11. Eden Prairie Lions Clubs Foundation IncEden Prairie, MN

    General purpose

    $5,000
  12. St Jude Children's Research Hospital IncMemphis, TN

    General purpose

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $200,00085% of the total
  2. Religion2 grants $25,00011% of the total
  3. Community development1 grant $5,0002% of the total
  4. Health1 grant $5,0002% of the total

By State

Grants to organizations with a US address, latest year.

  1. Georgia1 grant $200,000
  2. Minnesota6 grants $85,000
  3. Arizona1 grant $27,000
  4. Illinois1 grant $10,000
  5. Colorado1 grant $5,000
  6. Tennessee1 grant $5,000
  7. Texas1 grant $5,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jay L BennettDIRECTOR Hours 5Pay $0
  • Andy BennettPRESIDENT Hours 7Pay $50,000
  • William DunkleyDIRECTOR Hours 1Pay $0
  • Andrew GiertsenDIRECTOR Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. William Douglas Sutton FoundationEdina, MN 2 grants Preselected only $150,000 giving
  2. Melvin R Mooty & Sally R Mooty FoundatEdina, MN 12 grants Preselected only $137,500 giving
  3. Doherty Family FoundationEdina, MN 12 grants Preselected only $112,316 giving
  4. Fingerhut Family FoundationMinneapolis, MN 49 grants Accepts applications $345,200 giving
  5. Tih FoundationEden Prairie, MN 8 grants Preselected only $327,827 giving