CFDA#
None
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Funder Type
Private Foundation
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IT Classification
B - Readily funds technology as part of an award
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Authority
Larson Foundation
Summary
Created in 1990, The Larson Family Foundation is a private, non-profit organization. The purpose of establishing a foundation was to give back to the community of Brookings and the state of South Dakota which have played a significant role in the growth and prospering of Larson Manufacturing.
The Larson Family also recognizes that there are few foundations in the State of South Dakota to fulfill the need of the state's communities and citizens. It is the wish of the Larson Family to help improve the quality of life for all South Dakotans.
The Foundation prefers to support basic human needs such as food, clothing, shelter and education. Within these criteria, the Foundation provides support for new, expanding or sustaining program services, endowments, capital campaigns and general operating expenses, not including rent, utilities, office furniture, salaries, benefits, and computer equipment used for administrative purposes. The Foundation may consider salary and equipment expenses if they are part of expanding program services.
History of Funding
Previous grant awards can be viewed on the foundation's website: https://www.larsonfoundation.org/
Additional Information
The Foundation will not consider requests for general fundraising, deficit financing, loans, grants or scholarships to individuals or loans. The Foundation also does not make grants for research projects or give support to conferences, seminars, media events or workshops unless they are an integral part of a broader program. The Foundation will not provide funding to pay for operating and/or administrative expenses including, but not limited to rent, utilities, salaries, fringe benefits, office furniture, and computer equipment utilized for administrative record keeping, etc.
The Foundation funds only non-denominational programs. A religiously affiliated group may operate a program, but participation must be open to anyone. Services must not involve proselytizing of any particular religious belief.
The Foundation does not provide funding for:
- Individuals, such as scholarships, loans or pledges for fundraising events such as marathons, relays/walks, cycling, etc.
- Loans or reduction of existing debt
- Benefits and event sponsorship
- Economic development projects
- Costs affiliated with fundraising events, political campaigns or programs designed to influence legislation
- Assisted living or medical facilities (except in the area of health prevention programs; medical equipment excluded)
Eligibility Details
The Foundation makes grants only to tax-exempt organizations with 501(c)(3) classifications from the Internal Revenue Service including educational institutions, and qualified government units in South Dakota.
Deadline Details
An organization must first submit a Letter of Inquiry online via the Foundation's website. Organizations that best meet the Foundation's grant guidelines, criteria and funding priorities will be invited to submit a complete grant application. The Foundation has two grant cycles per year; LOI's may be submitted January 2 - February 15 and July 2 - August 15 by midnight CT each year. If invited to submit a complete grant application, applications must be submitted by March 1 or September 1 by midnight CT each year.
Award Details
The Foundation's grants range from $800 to $500,000. The average grant, however, is typically $40,000. The Foundation may grant support for several years. Funding commitments, however, are generally made on a year-to-year basis.
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