THE SILSETH FOUNDATION

Cite this

Plain text THE SILSETH FOUNDATION. furp.org, nonprofit organization profile, tax years 2020–2025. https://furp.org/org/the-silseth-foundation-853068681. Retrieved 2026-11-03.

APA furp.org. (n.d.). THE SILSETH FOUNDATION [Nonprofit organization profile; tax years 2020–2025]. Retrieved November 3, 2026, from https://furp.org/org/the-silseth-foundation-853068681

MLA “THE SILSETH FOUNDATION.” furp.org, tax years 2020–2025, https://furp.org/org/the-silseth-foundation-853068681. Accessed 3 Nov. 2026.

Retrieved 2026-11-03; covers tax years 2020–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990PF · revenue $1.2M · expenses $644K · assets $6.4M

EIN
85-3068681
Address
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
NTEE code
T22
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
October 2021 (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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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 4 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

4 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
Jennifer S Binversie Dir, Sec2020-2025 1 $0 reported 1
John M Silseth Dir, Pres2020-2025 2 $0 reported 1
John B Silseth Dir, Treas2020-2025 1 $0 reported 1
Karen K Silseth Dir, VP2020-2025 1 $0 reported 1

People by year

2025 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec1 $0-$0 $01
John M Silseth Dir, Pres2 $0-$0 $01
John B Silseth Dir, Treas1 $0-$0 $01
Karen K Silseth Dir, VP1 $0-$0 $01
2024 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec1 $0-$0 $01
John M Silseth Dir, Pres2 $0-$0 $01
John B Silseth Dir, Treas1 $0-$0 $01
Karen K Silseth Dir, VP1 $0-$0 $01
2023 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec0 $0-$0 $01
John M Silseth Dir, Pres1 $0-$0 $01
John B Silseth Dir, Treas0 $0-$0 $01
Karen K Silseth Dir, VP1 $0-$0 $01
2022 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec0 $0-$0 $01
John M Silseth Dir, Pres1 $0-$0 $01
John B Silseth Dir, Treas0 $0-$0 $01
Karen K Silseth Dir, VP1 $0-$0 $01
2021 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec0 $0-$0 $01
John M Silseth Dir, PreS1 $0-$0 $01
John B Silseth Dir, Treas0 $0-$0 $01
Karen K Silseth Dir, VP1 $0-$0 $01
2020 · 4 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Jennifer S Binversie Dir, Sec0 $0-$0 $01
John M Silseth Dir, Pres1 $0-$0 $01
John B Silseth Dir, Treas0 $0-$0 $01
Karen K Silseth Dir, VP1 $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.

2025 · 50 grants to organizations · $620K
2024 · 47 grants to organizations · $442K
2023 · 38 grants to organizations · $369K
2022 · 26 grants to organizations · $218K
2021 · 5 grants to organizations · $54K

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.

2025 · 1 contributor · $869K
#ContributorTypeCity, stateTotalNoncashSource
1 Silseth John M Person Brookfield, WI $868,708$868,708 Form 990PF Sch. B, 2025 · filing
2024 · 1 contributor · $346K
#ContributorTypeCity, stateTotalNoncashSource
1 JOHN M SILSETH Person Brookfield, WI $346,006$346,006 Form 990PF Sch. B, 2024 · filing
2023 · 1 contributor · $5.2M
#ContributorTypeCity, stateTotalNoncashSource
1 John M Silseth Person Brookfield, WI $5,182,598$5,182,599 Form 990PF Sch. B, 2023 · filing
2022 · 1 contributor · $407K
#ContributorTypeCity, stateTotalNoncashSource
1 Silseth John M Person Brookfield, WI $407,206$407,206 Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $544K
#ContributorTypeCity, stateTotalNoncashSource
1 Silseth John M Person Brookfield, WI $544,328$519,328 Form 990PF Sch. B, 2021 · filing
2020 · 1 contributor · $324K
#ContributorTypeCity, stateTotalNoncashSource
1 Silseth John M Person Brookfield, WI $324,375$309,375 Form 990PF Sch. B, 2020 · 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
2025 · Form 990PF period ending 2025-12-31 · view filing · original 990 ↗
$1,168,754$644,097 $6,377,872$6,377,872 $868,708- $0--
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$255,819$476,138 $5,853,215$5,853,215 $346,006- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$5,412,741$385,126 $6,073,534$6,073,534 $5,182,598- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$448,041$233,087 $1,045,919$1,045,919 $407,206- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$577,185$72,576 $830,965$830,965 $544,328- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$332,856$6,500 $326,356$326,356 $324,375- $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
THE FILBRANDT FOUNDATIONDET22 $1,262,832$23,658 Dir$0 Same NTEE code T22, revenue within 2x, same state, similar name
THE SCHELLMAN FAMILY FOUNDATIONDET22 $1,035,473$2,329,200 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state, similar name
LEEF FOUNDATIONDET22 $1,092,505$100,793 Co- Pres, Dir, Treas$0 Same NTEE code T22, revenue within 2x, same state
THE MCCONNELL FAMILY FOUNDATIONDET22 $1,142,571$78,550 Pres, Dir$0 Same NTEE code T22, revenue within 2x, same state
XY SQUARED FOUNDATIONDET22 $1,052,070$0 Director$0 Same NTEE code T22, revenue within 2x, same state
THE MINER ANDERSON FAMILY FOUNDATIONDET22 $1,157,765$1,467,651 PR DIRECTOR$110,435 Same NTEE code T22, revenue within 2x, same state
THE MARK AND BECKY JOYE FOUNDATIONDET22 $1,229,357$124,706 Dir, Pres$0 Same NTEE code T22, revenue within 2x, same state
IMPACT13 FOUNDATIONDET22 $1,123,923$1,295,672 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
SAXENA FAMILY FOUNDATIONDET22 $1,186,431$343,495 Dir, Treas$25,000 Same NTEE code T22, revenue within 2x, same state
IVY CHENG FOUNDATIONDET22 $1,101,091$30,412 Dir, Pres, SEC, TREAS$0 Same NTEE code T22, revenue within 2x, same state
RAO FAMILY FOUNDATIONDET22 $1,304,922$269,060 Dir, Treas$0 Same NTEE code T22, revenue within 2x, same state
BUCKS CREEK FOUNDATIONDET22 $1,080,028$725,096 Trustee, Managing Dir$0 Same NTEE code T22, revenue within 2x, same state
PATAN FAMILY FOUNDATIONDET22 $1,077,427$68,326 Dir, Pres$0 Same NTEE code T22, revenue within 2x, same state
DAMATO FAMILY FOUNDATIONDET22 $1,167,599$116,745 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
CASPER-ADAMS FOUNDATIONDET22 $1,210,988$978,726 Trustee$0 Same NTEE code T22, revenue within 2x, same state
DIMOND FAMILY FOUNDATIONDET22 $1,043,348$494,744 Pres, Sec$0 Same NTEE code T22, revenue within 2x, same state
DAILY SERVICE FOUNDATION INCDET22 $1,123,094$448,519 Co- Pres, Dir, Sec$0 Same NTEE code T22, revenue within 2x, same state
FOUNDATION FOR SYSTEMIC CHANGEDET22 $1,050,357$774,441 Dir$0 Same NTEE code T22, revenue within 2x, same state
ABRAZO DE OSO FOUNDATIONDET22 $1,203,154$14,560 Dir, Pres$0 Same NTEE code T22, revenue within 2x, same state
HACKETT FAMILY FOUNDATIONDET22 $1,100,288$199,348 Dir, Treas$0 Same NTEE code T22, revenue within 2x, same state
BARNARD FAMILY FOUNDATIONDET22 $1,330,099$12,575 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
AMBULATE DIGNE FOUNDATIONDET22 $1,208,823$41,329 Dir, VP$0 Same NTEE code T22, revenue within 2x, same state
MALACHI LEGACY FOUNDATIONDET22 $1,212,864$5,475 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
ZIA & RABIA BHATTI FOUNDATIONDET22 $1,277,051$1,358,040 Dir$0 Same NTEE code T22, revenue within 2x, same state
SUE & BOB MCCOLLUM FAMILY FOUNDATIONDET22 $1,345,030$1,563,291 Dir, Treas$1,000 Same NTEE code T22, revenue within 2x, same state

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
THOMPSON FOUNDATION Private foundation$12,707,5623 12020–2025 THOMPSON SCHOOLS FOUNDATION
MSB COCKAYNE FUND INC Private foundation$299,2561 12022–2022 REAM FOUNDATION
PLEDGELING FOUNDATION DAF sponsor$265,3435 12021–2024 THE PROMISES FOUNDATION
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC DAF sponsor$200,0002 12018–2024 THE PROMISES FOUNDATION
AMY PHILLIPS CHARITABLE FOUNDATION Private foundation$110,0003 12014–2017 THE PROMISES FOUNDATION
THE AHMANSON FOUNDATION Private foundation$75,0001 12024–2024 THE PROMISES FOUNDATION
JESS & PALMA MORGAN FOUNDATION Private foundation$55,0003 12021–2023 THE PROMISES FOUNDATION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$52,7984 12020–2024 THE PROMISES FOUNDATION
MCMILLEN FAMILY FOUNDATION Private foundation$50,0002 12014–2015 THE PROMISES FOUNDATION
PAYPAL CHARITABLE GIVING FUND DAF sponsor$38,3992 12018–2023 THE PROMISES FOUNDATION
LIBERTY HILL FOUNDATION DAF sponsor$32,5003 12017–2019 THE PROMISES FOUNDATION
LEO MODEL FOUNDATION INC Private foundation$25,0001 12019–2019 LINDY FOUNDATION
NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor$22,2621 12021–2021 THE PROMISES FOUNDATION
AMERICAN ENDOWMENT FOUNDATION DAF sponsor$20,0001 12021–2021 THE PROMISES FOUNDATION
AILEEN GETTY FOUNDATION Private foundation$20,0001 12022–2022 THE PROMISES 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.

2025 · Form 990PF · $644,097 spent · pay $0 · grants $619,600 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $619,600 96.2%
Other expenses $15,497 2.4%
Taxes $9,000 1.4%
Total$644,097100%

View the filing

2024 · Form 990PF · $476,138 spent · pay $0 · grants $442,500 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $442,500 92.9%
Taxes $21,400 4.5%
Other expenses $12,238 2.6%
Total$476,138100%

View the filing

2023 · Form 990PF · $385,126 spent · pay $0 · grants $369,250 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $369,250 95.9%
Other expenses $11,277 2.9%
Taxes $4,599 1.2%
Total$385,126100%

View the filing

2022 · Form 990PF · $233,087 spent · pay $0 · grants $217,679 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $217,679 93.4%
Other expenses $11,007 4.7%
Taxes $4,401 1.9%
Total$233,087100%

View the filing

2021 · Form 990PF · $72,576 spent · pay $0 · grants $54,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $54,000 74.4%
Taxes $9,291 12.8%
Other expenses $9,285 12.8%
Total$72,576100%

View the filing

2020 · Form 990PF · $6,500 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses $6,500 100.0%
Total$6,500100%

View the filing

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