Foundation / Corporation
Larson Family Foundation
Grants starting at $5,000 to South Dakota nonprofit organizations, government agencies, and educational institutions to meet the basic human needs of disadvantaged groups. Applicants must submit a letter of intent in advance of a full proposal. The Foundation supports basic human needs, such as clothing, food, education, and shelter.
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.
Generally, the board evaluates applications based on the following:
-Need for program in community it serves.
-Impact on those who will benefit from the request, as well as the number of people who will be served.
-Impact of request on organization requesting it.
-Soundness of organization and its financial management.
-Continued support after involvement of Foundation.
-Accuracy and completeness of application.
-Level of volunteer support at organization, including board support.
Preference will be given to programs which will help those who are economically disadvantaged. The Foundation also will give preference to those projects which may require or encourage involvement by recipients to help others in need. The Foundation believes these projects multiply the positive effect of Foundation grants.
GrantWatch ID#: 178527
The Foundation’s grants range from $5,000 to $100,000. The average grant, however, is typically $20,000 to $25,000.
The Foundation may grant support for several years. Funding commitments, however, are generally made on a year-to-year basis. The Foundation generally does not provide additional funding to an organization until the completion of the organization's previous funding cycle (one year after receipt of a grant). Exceptions may be made in the case of emergency assistance.
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.
The Foundation supports organizations that offer services to all individuals regardless of race, creed, color, gender, disability, sexual orientation or national origin. Organizations must be non-sectarian. A religiously affiliated group may operate a program, but participation must be open to anyone and be non-discriminatory.
Faith-based Organizations: 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 will not consider requests for general fundraising, deficit financing, 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 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.
-Pageants, contests, or tournaments.
-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)
The first step in applying to the Foundation is a short letter of intent. Staff will review letters on a continuous basis, and they may be submitted any time during the year. After the Foundation reviews your inquiry, you will be contacted as to the next step in the application process.
The Foundation will acknowledge the receipt of all letters of intent. If you do not receive an acknowledgement within one month of sending your letter, please feel free to contact the Foundation.
Applications should be submitted to the Foundation only upon request.
At present time, the Foundation is not accepting applications through the website. Application deadlines are September 1 and March 1 of each year. You will be informed of the Board's decision in May or November following the board meeting in which your application was discussed.
The Foundation also looks favorably upon organizations that have identified multiple sources of funding. However, the Foundation does take into consideration that these sources may not be available to an organization, depending upon the situation.
About the Foundation:
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Submit a Letter of Intent:
Maree Larson, Executive Director
2333 Eastbrook Drive
Brookings, SD 57006
USA: South Dakota