Curtis L Carlson Family Foundation for the University of Minnesota

Analysis

Curtis L Carlson Family Foundation for the University of Minnesota is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Curtis L Carlson Family Foundation for the University of Minnesota reported income of $622k and spending of $702k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $622k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Curtis L Carlson Family Foundation for the University of Minnesota sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include CSP North America Inc ($621k), Lincoln County Community Development Corporation ($622k) and Community Foundation Charitable Real Estate Fund ($621k).

At year end it held assets of $15.5m against liabilities of $0, net assets of $15.5m.