MORTENSON COMPANY FOUNDATION
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Cite this
Plain text MORTENSON COMPANY FOUNDATION. furp.org, nonprofit organization profile, tax years 2019–2024. https://furp.org/org/mortenson-company-foundation-832430576. Retrieved 2026-11-04.
APA furp.org. (n.d.). MORTENSON COMPANY FOUNDATION [Nonprofit organization profile; tax years 2019–2024]. Retrieved November 4, 2026, from https://furp.org/org/mortenson-company-foundation-832430576
MLA “MORTENSON COMPANY FOUNDATION.” furp.org, tax years 2019–2024, https://furp.org/org/mortenson-company-foundation-832430576. Accessed 4 Nov. 2026.
Retrieved 2026-11-04; covers tax years 2019–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990PF · revenue $7.9M · expenses $634K · assets $22.6M
- EIN
- 83-2430576
- Address
- FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
- NTEE code
- T20
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- July 2019 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 6 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
6 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Derek Cunz | Dir, Sec | 2022-2024 | 1 | $0 reported | 1 |
| Dan Johnson | Dir, Pres | 2019-2024 | 1 | $0 reported | 1 |
| Lois Martin | Treas, Dir | 2019-2024 | 1 | $0 reported | 1 |
| David Mortenson | Dir | 2019-2024 | 1 | $0 reported | 1 |
| Mark Mortenson | Dir, Sec | 2019-2024 | 1 | $0 reported | 1 |
| Maja Rosenquist | Dir | 2022-2024 | 1 | $0 reported | 1 |
People by year
2024 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Derek Cunz | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
| Maja Rosenquist | Dir | 1 | $0 | - | $0 | $0 | 1 |
2023 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Derek Cunz | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
| Maja Rosenquist | Dir | 1 | $0 | - | $0 | $0 | 1 |
2022 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Derek Cunz | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
| Maja Rosenquist | Dir | 1 | $0 | - | $0 | $0 | 1 |
2021 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
2020 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
2019 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Dan Johnson | Dir, Pres | 1 | $0 | - | $0 | $0 | 1 |
| Lois Martin | Treas, Dir | 1 | $0 | - | $0 | $0 | 1 |
| David Mortenson | Dir | 1 | $0 | - | $0 | $0 | 1 |
| Mark Mortenson | Dir, Sec | 1 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 25 grants to organizations · $550K
2023 · 21 grants to organizations · $410K
2022 · 7 grants to organizations · $195K
2021 · 2 grants to organizations · $60K
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2024 · 1 contributor · $6.9M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $6,887,196 | $4,973,275 | Form 990PF Sch. B, 2024 · filing |
2023 · 1 contributor · $4.5M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $4,454,158 | $3,437,628 | Form 990PF Sch. B, 2023 · filing |
2022 · 1 contributor · $2.5M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $2,465,586 | $2,349,600 | Form 990PF Sch. B, 2022 · filing |
2021 · 1 contributor · $4.5M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $4,486,841 | $3,514,838 | Form 990PF Sch. B, 2021 · filing |
2020 · 1 contributor · $2.6M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $2,559,573 | $1,866,612 | Form 990PF Sch. B, 2020 · filing |
2019 · 1 contributor · $1.4M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | Mortenson Construction Holdings Inc | Person | Minneapolis, MN | $1,446,445 | $1,421,445 | Form 990PF Sch. B, 2019 · filing |
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $7,865,766 | $634,256 | $22,628,484 | $22,628,484 | $6,887,196 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $5,041,986 | $466,265 | $15,396,974 | $15,396,974 | $4,454,158 | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| $2,566,612 | $264,718 | $10,821,253 | $10,821,253 | $2,465,586 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $4,579,862 | $102,072 | $8,519,359 | $8,519,359 | $4,486,841 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $2,638,470 | $31,868 | $4,041,569 | $4,041,569 | $2,559,573 | - | $0 | - | - |
| 2019 · Form 990PF | ||||||||
| $1,446,467 | $11,500 | $1,434,967 | $1,434,967 | $1,446,445 | - | $0 | - | - |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Nearby + Similar BETA
Organizations like this one: what they do and who they are linked to
Same category: NTEE code and revenue
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| JHC FOUNDATION | DE | T20 | $6,060,709 | $6,780,224 | Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| SHEIN FOUNDATION | DE | T20 | $8,231,400 | $1,512,805 | Treas | $0 | Same NTEE code T20, revenue within 2x, same state |
| M8L FAMILY FOUNDATION | DE | T20 | $8,780,764 | $148 | President | $0 | Same NTEE code T20, revenue within 2x, same state |
| PILGRIM FOUNDATION | DE | T20 | $9,252,903 | $3,243,240 | Dir, Pres, Sec | $66,950 | Same NTEE code T20, revenue within 2x, same state |
| PATTERSON FAMILY FOUNDATION | DE | T20 | $9,390,109 | $385,798 | Chairman, Treas, Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE VALOUR FOUNDATION | DE | T20 | $8,069,408 | $8,066,141 | PRESIDENT AND SECRETARY | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE SYNOPSYS FOUNDATION | DE | T20 | $11,450,286 | $5,049,477 | Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| SPECTOR FAMILY FOUNDATION | DE | T20 | $7,259,169 | $1,659,090 | ADMINISTRATOR | $92,154 | Same NTEE code T20, revenue within 2x, same state |
| KULLMAN FAMILY FOUNDATION | DE | T20 | $9,330,833 | $942,472 | PRESIDENT/CLASS A DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state |
| BARNHILL FAMILY FOUNDATION | DE | T20 | $6,097,306 | $2,621,766 | Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| VALLEY FUND CHARITABLE FOUNDATION | DE | T20 | $11,345,409 | $5,130,261 | Dir, Pres, Sec, Treas | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE WILKE FAMILY FOUNDATION | DE | T20 | $11,960,977 | $2,395,956 | VP, Dir | $0 | Same NTEE code T20, revenue within 2x, same state |
| DEBRA AND KENNETH CAPLAN FOUNDATION | DE | T20 | $11,123,292 | $1,933,517 | Co- Pres, Dir, Sec | $0 | Same NTEE code T20, revenue within 2x, same state |
| ARTHUR W PERDUE FOUNDATION INC | DE | T20 | $5,631,265 | $3,591,311 | EXECUTIVE DIRECTOR | $86,790 | Same NTEE code T20, revenue within 2x, same state |
| THE LINDA AND MIKE MUSSALLEM FOUNDATION | DE | T20 | $12,478,220 | $22,209,442 | Dir, Sec, VP | $0 | Same NTEE code T20, revenue within 2x, same state |
| MARY JANE AND CARL PANATTONI CHARITABLE FOUNDATION | DE | T20 | $9,927,620 | $4,893,305 | TRUSTEE | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE LINDA AND LENNY BELL FAMILY FOUNDATION | DE | T20 | $6,223,918 | $3,125,082 | Co-Trustee | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE DENNIS LEIBOWITZ FAMILY FOUNDATION | DE | T20 | $10,150,647 | $20,581 | TRUSTEE | $0 | Same NTEE code T20, revenue within 2x, same state |
| DOHMEN COMPANY FOUNDATION INC | WI | T20 | $6,036,559 | $2,836,525 | CFO & CIO | $395,972 | Same NTEE code T20, revenue within 2x, similar name |
| KRAFT HEINZ COMPANY FOUNDATION | IL | T20 | $9,181,830 | $17,828,019 | MEMBER | $0 | Same NTEE code T20, revenue within 2x, similar name |
| OTTER TAIL POWER COMPANY FOUNDATION | MN | T20 | $6,305,334 | $954,535 | President | $0 | Same NTEE code T20, revenue within 2x, similar name |
| MOROSANI FOUNDATION | NC | T20 | $7,921,192 | $716,185 | Secretary | $0 | Same NTEE code T20, revenue within 2x, similar name |
| MDM FOUNDATION | CA | T20 | $10,336,681 | $1,119,961 | PRESIDENT | $0 | Same NTEE code T20, revenue within 2x |
| CENTENE FOUNDATION | MO | T20 | $7,176,100 | $41,204,572 | DIRECTOR/TREASURER | $0 | Same NTEE code T20, revenue within 2x |
| TENT FOUNDATION | NY | T20 | $10,077,300 | $8,472,155 | Exective Director | $532,040 | Same NTEE code T20, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $634,256 spent · pay $0 · grants $550,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $550,000 | 86.7% | |
| Other expenses | $45,358 | 7.2% | |
| Taxes | $38,000 | 6.0% | |
| Fees: other professional | $898 | 0.1% | |
| Total | $634,256 | 100% |
2023 · Form 990PF · $466,265 spent · pay $0 · grants $410,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $410,000 | 87.9% | |
| Other expenses | $36,077 | 7.7% | |
| Taxes | $18,900 | 4.1% | |
| Fees: legal | $952 | 0.2% | |
| Fees: other professional | $336 | 0.1% | |
| Total | $466,265 | 100% |
2022 · Form 990PF · $264,718 spent · pay $0 · grants $195,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $195,000 | 73.7% | |
| Taxes | $33,600 | 12.7% | |
| Other expenses | $29,627 | 11.2% | |
| Fees: other professional | $5,000 | 1.9% | |
| Fees: legal | $1,491 | 0.6% | |
| Total | $264,718 | 100% |
2021 · Form 990PF · $102,072 spent · pay $0 · grants $60,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $60,000 | 58.8% | |
| Other expenses | $22,820 | 22.4% | |
| Taxes | $10,690 | 10.5% | |
| Fees: other professional | $6,430 | 6.3% | |
| Fees: legal | $2,132 | 2.1% | |
| Total | $102,072 | 100% |
2020 · Form 990PF · $31,868 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses | $14,456 | 45.4% | |
| Taxes | $9,100 | 28.6% | |
| Fees: other professional | $5,406 | 17.0% | |
| Fees: legal | $2,906 | 9.1% | |
| Total | $31,868 | 100% |
2019 · Form 990PF · $11,500 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses | $7,559 | 65.7% | |
| Fees: legal | $3,392 | 29.5% | |
| Fees: other professional | $549 | 4.8% | |
| Total | $11,500 | 100% |
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