Foundation / Corporation
Larson Family Foundation
Grants starting at $5,000 to South Dakota nonprofit organizations, educational institutions, and qualified government units for basic needs programs. Interested applicants must submit a letter of inquiry. Funding may be used for new programs or services, endowments, capital campaigns, and certain general operating expenses.
The Foundation prefers to support basic human needs such as food, clothing, shelter, and education. 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.
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.
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.
It is expected that organizations spend the awarded grant monies within one year of receipt. The Foundation may grant support for several years. Funding commitments, however, are generally made on a year-to-year basis.
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.
Letters of Intent must be from non-profit 501(c)(3) organizations within the State of South Dakota. If you are requesting funds for a program within South Dakota, but your organization resides outside of the State, the LOI will not be considered.
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 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. The Foundation also looks favorably upon organizations that have identified multiple sources of funding.
The first step in applying to the Foundation is a short letter of intent. LOIs are reviewed on a continuous basis, and they may be submitted any time during the year. 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 acknowledgment within one month of sending your letter, please feel free to contact the Foundation.
At present time, the Foundation is not accepting applications through our 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.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Submit the LOI online:
Maree Larson, Executive Director
2333 Eastbrook Drive
Brookings, SD 57006
USA: South Dakota