Robert Sonsteng Foundation

EIN 81-1933218 Private foundation / grantmaker Benson, MN

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Size

$100K–1M

What they do

A private foundation based in Benson, MN. It reported about $552K in revenue for 2024.

Leadership

Donald a Wilcox · Director, Ce

Money in and out

$552K revenue, $514K expenses

Bottom line

—

A private foundation based in Benson, MN. It reported about $552K in revenue for 2024. For fiscal year 2024 it reported $552K in revenue, $514K in expenses, and $7.2M in net assets.Pt I

Grants paid & assets · FY2024

Total revenue

$552K

Pt VIII · Ln 12

Total expenses

$514K

Pt IX · Ln 25

Net assets

$7.2M

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $38K

Total assets

7.4M

deployed as grants and operations

Grants paid

216K

in FY2024

Grants made

16grants

total in period

Payout rate

of assets (5% rule)

Who They Fund

Part XV · grants paid · 16 grants · $216K · 2024–2024

Benson Public SchoolsFY2024$50,000

Our Redeemer's Lutheran ChurchFY2024$29,000

West Zion ChurchFY2024$25,500

City of BensonFY2024$15,000

Swift County Fair AssocFY2024$15,000

Benson Area Cares 4 KidsMN · FY2024$13,000

Benson Public SchoolsFY2024$12,000

J & J'S Tiny TeacherFY2024$10,000

Our Redeemer's Lutheran ChurchFY2024$10,000

Sunburg Ambulance ServicesFY2024$10,000

Shepherd of the Hills ChurchCA · FY2024$8,600

City of BenssonFY2024$7,000

Starbuck Fire DeptFY2024$5,000

Clontarf Fire DeptFY2024$4,500

Swift County MnFY2024$1,000

Cura of BensonFY2024$600

Grantmaking Profile

Patterns in foundation giving

Distinct granteesPart XV2

Average grantPart XV$14K

Median grantPart XV$10K

Largest grantPart XV$50K

Top cause focusNTEEFood & Agriculture (6%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF

Revenue

$552K

FY2024▲ +307%

Expenses

$514K

FY2024▲ +199%

Total assets

$7.4M

FY20240%

Total liabilities

$150K

FY2024▼ -25%

Total revenue

$552K

Pt VIII · Ln 12

Total expenses

$514K

Pt IX · Ln 25

Net assets

$7.2M

Pt X · Ln 32

Total assetsPt II$7.4M

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CRobert Sonsteng Foundation

EINHdr · item D81-1933218

Principal addressHdr · item CBenson, MN

WebsiteHdr · item Jnone reported

State of legal domicileHdr · item MMN

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFFoundations & Grantmakers (T22)

Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Donald a Wilcox

Director, Ce

$0Pt VII · Sec A

Benjamin R Wilcox

Director/Sec

$0Pt VII · Sec A

Steven Nelson

$0Pt VII · Sec A

Scott Nelson

Director

$0Pt VII · Sec A

Darrin Nelson

Director

$0Pt VII · Sec A

Anthony Hilleren

Director

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Other revenue$502K · 91%

Investment income$50K · 9%

Other revenue91%$502K

Investment income9%$50K

Total revenueLn 12$552K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

42%

58%

Grants & contributions paid $0.42 Operating & administrative $0.58

Grants & contributions paid42%$216K

Operating & administrative58%$298K

Total functional expensesLn 25$514K

Balance Sheet

Part X · end of year

CashLn 1$158K

Total assetsLn 16$7.4M

Total liabilitiesLn 26$150K

Total net assetsLn 32$7.2M

Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $7.4M

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $552K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $552K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $552K · Prior year $136K

+307%

Net-asset trend (YoY)

End of year $7.2M · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $552K · Expenses $514K

+7%

Liabilities-to-Assets

Total liabilities — · Total assets $7.4M

—

Net-asset ratio

Net assets $7.2M · Total assets $7.4M

98%

People & payroll

Highest Reported Total Compensation

Individual Donald a Wilcox · Reported title DIRECTOR, CE · Highest reported compensation $0 · Total expenses $514K

Personnel share

not reported

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	307%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2024 (Latest)$552K revenue · viewing · ⤓ 990 PDF

FY2023$136K revenue · ⤓ 990 PDF

FY2022not on file

FY2021$185K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2024IRS

Classification, formation year, addressIRS Business Master File

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