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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Derek Cunz Dir, Sec2022-2024 1 $0 reported 1
Dan Johnson Dir, Pres2019-2024 1 $0 reported 1
Lois Martin Treas, Dir2019-2024 1 $0 reported 1
David Mortenson Dir2019-2024 1 $0 reported 1
Mark Mortenson Dir, Sec2019-2024 1 $0 reported 1
Maja Rosenquist Dir2022-2024 1 $0 reported 1

People by year

2024 · 6 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Derek Cunz Dir, Sec1 $0-$0 $01
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01
Maja Rosenquist Dir1 $0-$0 $01
2023 · 6 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Derek Cunz Dir1 $0-$0 $01
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01
Maja Rosenquist Dir1 $0-$0 $01
2022 · 6 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Derek Cunz Dir1 $0-$0 $01
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01
Maja Rosenquist Dir1 $0-$0 $01
2021 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01
2020 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01
2019 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Dan Johnson Dir, Pres1 $0-$0 $01
Lois Martin Treas, Dir1 $0-$0 $01
David Mortenson Dir1 $0-$0 $01
Mark Mortenson Dir, Sec1 $0-$0 $01

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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$7,865,766$634,256 $22,628,484$22,628,484 $6,887,196- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$5,041,986$466,265 $15,396,974$15,396,974 $4,454,158- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$2,566,612$264,718 $10,821,253$10,821,253 $2,465,586- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$4,579,862$102,072 $8,519,359$8,519,359 $4,486,841- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$2,638,470$31,868 $4,041,569$4,041,569 $2,559,573- $0--
2019 · Form 990PF period ending 2019-12-31 · view filing · original 990 ↗
$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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
JHC FOUNDATIONDET20 $6,060,709$6,780,224 Dir, Sec$0 Same NTEE code T20, revenue within 2x, same state
SHEIN FOUNDATIONDET20 $8,231,400$1,512,805 Treas$0 Same NTEE code T20, revenue within 2x, same state
M8L FAMILY FOUNDATIONDET20 $8,780,764$148 President$0 Same NTEE code T20, revenue within 2x, same state
PILGRIM FOUNDATIONDET20 $9,252,903$3,243,240 Dir, Pres, Sec$66,950 Same NTEE code T20, revenue within 2x, same state
PATTERSON FAMILY FOUNDATIONDET20 $9,390,109$385,798 Chairman, Treas, Dir$0 Same NTEE code T20, revenue within 2x, same state
THE VALOUR FOUNDATIONDET20 $8,069,408$8,066,141 PRESIDENT AND SECRETARY$0 Same NTEE code T20, revenue within 2x, same state
THE SYNOPSYS FOUNDATIONDET20 $11,450,286$5,049,477 Dir$0 Same NTEE code T20, revenue within 2x, same state
SPECTOR FAMILY FOUNDATIONDET20 $7,259,169$1,659,090 ADMINISTRATOR$92,154 Same NTEE code T20, revenue within 2x, same state
KULLMAN FAMILY FOUNDATIONDET20 $9,330,833$942,472 PRESIDENT/CLASS A DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state
BARNHILL FAMILY FOUNDATIONDET20 $6,097,306$2,621,766 Dir$0 Same NTEE code T20, revenue within 2x, same state
VALLEY FUND CHARITABLE FOUNDATIONDET20 $11,345,409$5,130,261 Dir, Pres, Sec, Treas$0 Same NTEE code T20, revenue within 2x, same state
THE WILKE FAMILY FOUNDATIONDET20 $11,960,977$2,395,956 VP, Dir$0 Same NTEE code T20, revenue within 2x, same state
DEBRA AND KENNETH CAPLAN FOUNDATIONDET20 $11,123,292$1,933,517 Co- Pres, Dir, Sec$0 Same NTEE code T20, revenue within 2x, same state
ARTHUR W PERDUE FOUNDATION INCDET20 $5,631,265$3,591,311 EXECUTIVE DIRECTOR$86,790 Same NTEE code T20, revenue within 2x, same state
THE LINDA AND MIKE MUSSALLEM FOUNDATIONDET20 $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 FOUNDATIONDET20 $9,927,620$4,893,305 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
THE LINDA AND LENNY BELL FAMILY FOUNDATIONDET20 $6,223,918$3,125,082 Co-Trustee$0 Same NTEE code T20, revenue within 2x, same state
THE DENNIS LEIBOWITZ FAMILY FOUNDATIONDET20 $10,150,647$20,581 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
DOHMEN COMPANY FOUNDATION INCWIT20 $6,036,559$2,836,525 CFO & CIO$395,972 Same NTEE code T20, revenue within 2x, similar name
KRAFT HEINZ COMPANY FOUNDATIONILT20 $9,181,830$17,828,019 MEMBER$0 Same NTEE code T20, revenue within 2x, similar name
OTTER TAIL POWER COMPANY FOUNDATIONMNT20 $6,305,334$954,535 President$0 Same NTEE code T20, revenue within 2x, similar name
MOROSANI FOUNDATIONNCT20 $7,921,192$716,185 Secretary$0 Same NTEE code T20, revenue within 2x, similar name
MDM FOUNDATIONCAT20 $10,336,681$1,119,961 PRESIDENT$0 Same NTEE code T20, revenue within 2x
CENTENE FOUNDATIONMOT20 $7,176,100$41,204,572 DIRECTOR/TREASURER$0 Same NTEE code T20, revenue within 2x
TENT FOUNDATIONNYT20 $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).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
DORIS & DONALD FISHER FOUNDATION Private foundation$10,000,0002 12020–2021 SAKANA FOUNDATION
CHOBANI FOUNDATION INC Private foundation$3,990,0314 12016–2020 TENT FOUNDATION
DONOR ADVISED CHARITABLE GIVING DAF sponsor$1,349,7323 12022–2024 MIDLANDS COMMUNITY FOUNDATION
TIDES FOUNDATION DAF sponsor$1,215,0003 22020–2023 TENT FOUNDATION; MIDLANDS COMMUNITY FOUNDATION
SHERWOOD FOUNDATION Private foundation$1,021,3361 12025–2025 MIDLANDS COMMUNITY FOUNDATION
ESB CHARITABLE FOUNDATION Private foundation$550,0004 12021–2024 CREEKSIDE FOUNDATION
DONALD E NIELSEN FOUNDATION INC Private foundation$200,0001 12023–2023 MIDLANDS COMMUNITY FOUNDATION
SILICON VALLEY COMMUNITY FOUNDATION DAF sponsor$200,0001 12023–2023 TENT FOUNDATION
DEW Texas Building Private foundation$128,2122 12014–2015 DEW FOUNDATION
SASCO FOUNDATION CORPORATION Private foundation$125,0001 12013–2013 GSF FOUNDATION
CHARITIES AID FOUNDATION AMERICA DAF sponsor$111,3014 12021–2024 MIDLANDS COMMUNITY FOUNDATION
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$109,6647 22019–2025 MIDLANDS COMMUNITY FOUNDATION; TENT FOUNDATION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$91,2004 12019–2024 MIDLANDS COMMUNITY FOUNDATION
INDIA DEVELOPMENT AND RELIEF FUND INC DAF sponsor$81,0001 12021–2021 SEHGAL FOUNDATION
CENTRAL TEXAS COMMUNITY FOUNDATION INC DAF sponsor$55,0003 12019–2021 M D ANDERSON FOUNDATION

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
LineAs describedTotalShare
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$634,256100%

View the filing

2023 · Form 990PF · $466,265 spent · pay $0 · grants $410,000 · events $0
LineAs describedTotalShare
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$466,265100%

View the filing

2022 · Form 990PF · $264,718 spent · pay $0 · grants $195,000 · events $0
LineAs describedTotalShare
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$264,718100%

View the filing

2021 · Form 990PF · $102,072 spent · pay $0 · grants $60,000 · events $0
LineAs describedTotalShare
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$102,072100%

View the filing

2020 · Form 990PF · $31,868 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
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$31,868100%

View the filing

2019 · Form 990PF · $11,500 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses $7,559 65.7%
Fees: legal $3,392 29.5%
Fees: other professional $549 4.8%
Total$11,500100%

View the filing

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