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Fred C And Katherine B Andersen Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$54.4M (2023)

Expenses
$54.3M (2023)

Total Assets
$1.47B (2023)

Total Liabilities
$0 (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$54,405,407
Expenses
$54,327,950
Net Income
$77,457
Net Assets
$1,470,022,817
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,055,973
5.6%
Dividends $33,324,987
61.3%
Sales of Assets $18,024,447
33.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,724,411
97.0%
Compensation of Officers* $97,294
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,470,022,817
Total Liabilities $0
Net Assets $1,470,022,817
Compensation
Key Employees and Officers Compensation Other
Mary Gillstrom (Vp And Secretary) $97,294 $0
John D Piepel (Director) $0 $0
Peter Clements (President) $0 $0
David M Erspamer (Director) $0 $0
Vern J Hill (Director) $0 $0
Tracy Galowitz (Director) $0 $0
Keith Olson (Vp And Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,268,450
Expenses
$56,973,503
Net Income
-$1,705,053
Net Assets
$1,056,320,671
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,853,302
3.4%
Dividends $26,194,053
47.4%
Sales of Assets $27,221,095
49.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,245,126
97.0%
Compensation of Officers* $86,365
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,056,320,671
Total Liabilities $0
Net Assets $1,056,320,671
Compensation
Key Employees and Officers Compensation Other
Mary Gillstrom (Vp/Secretary) $86,365 $0
John D Piepel (Director) $0 $0
Peter Clements (President) $0 $0
David M Erspamer (Director) $0 $0
Vern J Hill (Director) $0 $0
Tracy Galowitz (Director) $0 $0
Keith Olson (Vp/Treasurer) $0 $0
Gregory L Benson (Vp/Treasurer (Term 5/2022)) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$63,445,932
Expenses
$46,545,545
Net Income
$16,900,387
Net Assets
$1,210,701,778
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,837,270
2.9%
Dividends $16,655,439
26.3%
Sales of Assets $44,953,223
70.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $44,317,720
95.2%
Compensation of Officers* $82,577
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,210,701,778
Total Liabilities $0
Net Assets $1,210,701,778
Compensation
Key Employees and Officers Compensation Other
Mary Gillstrom (Vp/Secretary) $82,577 $0
Gregory L Benson (Vp/Treasurer) $0 $0
Jerold W Wulf (President Term End 2/2021) $0 $0
John D Piepel (Director) $0 $0
Peter Clements (President) $0 $0
David M Erspamer (Director) $0 $0
Vern J Hill (Director) $0 $0
Tracy Galowitz (Director Term Beg 11/2021) $0 $0
Keith Olson (Vp/Treasurer Term Beg 11/2021) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$35,572,266
Expenses
$41,335,249
Net Income
-$5,762,983
Net Assets
$1,036,739,176
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,641,759
4.6%
Dividends $13,693,860
38.5%
Sales of Assets $20,236,647
56.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,366,144
97.7%
Compensation of Officers* $74,040
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,036,739,177
Total Liabilities $1
Net Assets $1,036,739,176
Compensation
Key Employees and Officers Compensation Other
Mary Gillstrom (Vp/Secretary/Director) $74,040 $0
Gregory L Benson (Vp/Treasurer) $0 $0
Jerold W Wulf (President) $0 $0
John D Piepel (Director) $0 $0
Peter Clements (Director) $0 $0
David M Erspamer (Director) $0 $0
Vern J Hill (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$35,785,063
Expenses
$37,094,922
Net Income
-$1,309,859
Net Assets
$844,998,569
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,748,145
4.9%
Dividends $12,880,495
36.0%
Sales of Assets $21,156,423
59.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $36,114,709
97.4%
Compensation of Officers* $71,880
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $844,998,569
Total Liabilities $0
Net Assets $844,998,569

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$92,137,167
Expenses
$27,549,187
Net Income
$64,587,980
Net Assets
$545,727,943
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,163,277
1.3%
Dividends $7,180,689
7.8%
Sales of Assets $83,793,201
90.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $26,050,296
94.6%
Compensation of Officers* $68,948
0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $545,727,943
Total Liabilities $0
Net Assets $545,727,943

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$24,848,025
Expenses
$18,046,164
Net Income
$6,801,861
Net Assets
$476,477,603
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,112,842
4.5%
Dividends $5,751,533
23.1%
Sales of Assets $17,983,650
72.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,032,512
94.4%
Compensation of Officers* $57,360
0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $476,477,603
Total Liabilities $0
Net Assets $476,477,603

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$23,198,636
Expenses
$21,382,351
Net Income
$1,816,285
Net Assets
$409,054,291
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,187,426
5.1%
Dividends $5,126,474
22.1%
Sales of Assets $16,884,736
72.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,573,762
96.2%
Compensation of Officers* $53,580
0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $409,054,291
Total Liabilities $0
Net Assets $409,054,291

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,869,535
Expenses
$22,566,956
Net Income
-$7,697,421
Net Assets
$359,626,366
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,801,764
12.1%
Dividends $4,385,436
29.5%
Sales of Assets $8,682,335
58.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $21,966,220
97.3%
Compensation of Officers* $50,076
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $359,626,366
Total Liabilities $0
Net Assets $359,626,366

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,850,341
Expenses
$22,904,223
Net Income
-$2,053,882
Net Assets
$381,692,171
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $2,207,358
10.6%
Dividends $4,386,344
21.0%
Sales of Assets $14,256,639
68.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $22,279,369
97.3%
Compensation of Officers* $46,800
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $381,692,171
Total Liabilities $0
Net Assets $381,692,171

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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