
The Annexstad Family Foundation concentrates its philanthropy on higher-education scholarships, making large single-purpose gifts to establish or support scholarship funds at major research universities. Grants are targeted to a small set of universities across regions (public and private) rather than to many small local nonprofits, indicating a strategic focus on supporting student aid at established institutions. The foundation appears to favor sizeable, one-off or multi-year scholarship commitments over programmatic or operational funding for other causes.
Concentrated giving: a very small number of large scholarships to universities (four sizable grants totaling ~$1.6M). Emphasis on funding scholarship purposes, likely endowments or named funds; repeat funding or multi-year commitments are possible but overall portfolio is narrow and high-dollar.
The Annexstad Family Foundation’s giving is centered on scholarship commitments to major universities, with a standout $1,000,000 grant to the University of Notre Dame for scholarship support. Across its recent grants, the foundation uses large, restricted-purpose awards to underwrite undergraduate education rather than broad operating support. Its scholarship pattern reaches both public and private institutions, including $390,000 to the University of Pennsylvania for scholarship support and $308,914 to the University of Georgia for scholarship support. The recent record also shows repeat support for institutions such as the University of Minnesota Foundation, University of St Thomas, Gustavus Adolphus College, University of Mississippi, and Clemson University Foundation, which points to ongoing relationships with selected partners. The foundation’s named programs align with this pattern: Hope and Inspiration Scholarship, Leaders for Tomorrow Scholarship, Veteran Student Scholarship, Marie Eustice Scholarship, and The Goldie Initiative. Together, these grants indicate a funder focused on college affordability, student aid, and scholarships delivered through institutional partners.
The foundation’s clearest cause area is postsecondary tuition assistance. It awarded $1,000,000 to the University of Notre Dame for scholarship support and $308,914 to the University of Georgia for scholarship support, both directed to student aid at large universities. It also backs scholarship infrastructure at other institutions, including $390,000 to the University of Pennsylvania for scholarship support and $385,000 to the University of North Carolina for scholarship support. A second theme is access through private universities and college partnerships. Examples include $100,000 to Stanford University for scholarship support and $57,500 to Yale University for scholarship support. The named scholarship programs reinforce this structure: partner colleges and universities select recipients, and the programs include undergraduate, veteran, and leadership-oriented scholarships.
Recent grants cluster in a narrow band of sizes: the typical award is $15,000 at the 25th percentile, $35,000 at the median, and $50,000 at the 75th percentile, even though a few scholarship commitments are much larger. The pattern includes repeat support to the same universities across multiple years, such as University of Minnesota Foundation, University of St Thomas, Gustavus Adolphus College, University of Mississippi, Clemson University Foundation, and the University of Georgia. That suggests ongoing institutional relationships rather than one-time awards. The foundation is a family foundation, and its scholarship programs are delivered through partner colleges and universities rather than an open public application process.
$3.2M
$32.6M
$3.7M
$4.7M
Most grants fall between $15K and $50K, with a median of $35K.
25th Percentile
$15K
Median
$35K
75th Percentile
$50K
About 14% of grants go to recipients in MN.
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Notable grantees: University of Minnesota Foundation, University of Pennsylvania, University of North Carolina, University of Georgia Foundation
The grant record is national, with recipients in 100% of grants located in the United States. The heaviest concentration by state is South Dakota, while 14% of grants go to recipients in Georgia. Recent recipient cities include Notre Dame, IN; Minneapolis, MN; Philadelphia, PA; Chapel Hill, NC; Athens, GA; and Berkeley, CA. The distribution also reaches St. Paul and Saint Peter in Minnesota, Oxford in Mississippi, and Clemson in South Carolina.
It focuses on higher-education scholarships and student financial aid. Recent grants include $1,000,000 to the University of Notre Dame for scholarship support and $308,914 to the University of Georgia for scholarship support, alongside many other awards to universities for the same purpose.
Yes. The recent record shows multiple years of support for several recipients, including the University of Minnesota Foundation, University of St Thomas, Gustavus Adolphus College, University of Mississippi, Clemson University Foundation, and the University of Georgia.
The foundation’s scholarship programs are administered through partner colleges and universities, which select recipients. Named programs include Hope and Inspiration Scholarship, Leaders for Tomorrow Scholarship, Veteran Student Scholarship, Marie Eustice Scholarship, and The Goldie Initiative.
The 25th percentile is $15,000, the median grant is $35,000, and the 75th percentile is $50,000. The recent record also includes several much larger scholarship awards at universities.
Giving is national, and 100% of the grants in the recipient-country distribution are in the United States. The top state by grant count is South Dakota, and 14% of grants go to recipients in Georgia.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| UNIVERSITY OF NOTRE DAME | NOTRE DAME, IN | $1,000,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF GEORGIA | ATHENS, GA | $308,914 | 2026 | SCHOLARSHIP |
| INDIANA UNIVERSITY FOUNDATION | BLOOMINGTON, IN | $80,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF MISSISSIPPI | OXFORD, MS | $75,270 | 2026 | SCHOLARSHIP |
| CLEMSON UNIVERSITY FOUNDATION | CLEMSON, SC | $75,000 | 2026 | SCHOLARSHIP |
| THE GOLDIE FOUNDATION | CHICAGO, IL | $60,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF ST THOMAS | ST PAUL, MN | $60,000 | 2026 | SCHOLARSHIP |
| GONZAGA UNIVERSITY | SPOKANE, WA | $60,000 | 2026 | SCHOLARSHIP |
| VANDERBILT UNIVERSITY | NASHVILLE, TN | $56,250 | 2026 | SCHOLARSHIP |
| GUSTAVUS ADOLPHUS COLLEGE | SAINT PETER, MN | $55,000 | 2026 | SCHOLARSHIP |
| STANFORD UNIVERSITY | STANFORD, CA | $55,000 | 2026 | SCHOLARSHIP |
| YALE UNIVERSITY | NEW HAVEN, CT | $50,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF CALIFORNIA BERKELEY | BERKELEY, CA | $50,000 | 2026 | SCHOLARSHIP |
| SOUTHERN METHODIST UNIVERSITY | DALLAS, TX | $50,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF MICHIGAN | EAST LANSING, MI | $50,000 | 2026 | SCHOLARSHIP |
| PRESIDENT AND FELLOWS OF HARVARD COLLEGE | CAMBRIDGE, MA | $50,000 | 2026 | SCHOLARSHIP |
| EMORY UNIVERSITY | ATLANTA, GA | $50,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | $50,000 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF REDLANDS | REDLANDS, CA | $50,000 | 2026 | SCHOLARSHIP |
| WASHINGTON UNIVERSITY | ST LOUIS, MO | $50,000 | 2026 | SCHOLARSHIP |
| THE GEORGIA TECH FOUNDATION | ATLANTA, GA | $47,500 | 2026 | SCHOLARSHIP |
| GEORGETOWN UNIVERSITY | WASHINGTON, DC | $45,500 | 2026 | SCHOLARSHIP |
| NORTH DAKOTA STATE UNIVERSITY | FARGO, ND | $45,000 | 2026 | SCHOLARSHIP |
| DUKE UNIVERSITY | DURHAM, NC | $45,000 | 2026 | SCHOLARSHIP |
| HIGH POINT UNIVERSITY | HIGH POINT, NC | $45,000 | 2026 | SCHOLARSHIP |
| BOSTON COLLEGE | CHESTNUT HILL, MA | $45,000 | 2026 | SCHOLARSHIP |
| MINNESOTA STATE UNIVERSITY MANKATO | MANKATO, MN | $44,000 | 2026 | SCHOLARSHIP |
| SANTA CLARA UNIVERSITY | SANTA CLARA, CA | $43,750 | 2026 | SCHOLARSHIP |
| MICHIGAN TECHNOLOGICAL UNIVERSITY | HOUGHTON, MI | $40,000 | 2026 | SCHOLARSHIP |
| POMONA COLLEGE | CLAREMONT, CA | $40,000 | 2026 | SCHOLARSHIP |
| WINONA STATE UNIVERSITY | WINONA, MN | $40,000 | 2026 | SCHOLARSHIP |
| TEXAS CHRISTIAN UNIVERSITY | FORT WORTH, TX | $35,000 | 2026 | SCHOLARSHIP |
| BETHEL UNIVERSITY | ST PAUL, MN | $32,450 | 2026 | SCHOLARSHIP |
| COLLEGE OF SAINT BENEDICT | ST JOSEPH, MN | $30,000 | 2026 | SCHOLARSHIP |
| HOLY CROSS COLLEGE | WORCESTER, MA | $29,165 | 2026 | SCHOLARSHIP |
| CARLETON COLLEGE | NORTHFIELD, MN | $28,332 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF WISCONSIN | MADISON, WI | $25,000 | 2026 | SCHOLARSHIP |
| GEORGIA STATE UNIVERSITY FOUNDATION INC | ATLANTA, GA | $25,000 | 2026 | SCHOLARSHIP |
| WESTERN CAROLINA UNIVERSITY | CULLOWHEE, NC | $25,000 | 2026 | SCHOLARSHIP |
| HARVARD UNIVERSITY | CAMBRIDGE, MA | $25,000 | 2026 | SCHOLARSHIP |
| SAINT JOHN'S UNIVERSITY | COLLEGEVILLE, MN | $20,000 | 2026 | SCHOLARSHIP |
| THE COLLEGE OF THE DESERT FOUNDATION | PALM DESERT, CA | $16,000 | 2026 | SCHOLARSHIP |
| HILLSDALE COLLEGE | HILLSDALE, MI | $15,000 | 2026 | SCHOLARSHIP |
| CLAREMONT MCKENNA COLLEGE | CLAREMONT, CA | $12,500 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF PORTLAND | PORTLAND, OR | $12,500 | 2026 | SCHOLARSHIP |
| CLAYTON STATE UNIVERSITY | MORROW, GA | $10,000 | 2026 | SCHOLARSHIP |
| CSUSB PHILANTHROPIC FOUNDATION | SAN BERNADINO, CA | $10,000 | 2026 | SCHOLARSHIP |
| NORTHERN MICHIGAN UNIVERSITY FOUNDATION | MARQUETTE, MI | $6,771 | 2026 | SCHOLARSHIP |
| UNIVERSITY OF ALABAMA | TUSCALOOSA, AL | $6,250 | 2026 | SCHOLARSHIP |
| BRENAU UNIVERSITY | GAINESVILLE, GA | $5,000 | 2026 | SCHOLARSHIP |
UNIVERSITY OF NOTRE DAME
$1,000,000SCHOLARSHIP
UNIVERSITY OF GEORGIA
$308,914SCHOLARSHIP
UNIVERSITY OF MISSISSIPPI
$75,270SCHOLARSHIP
THE GOLDIE FOUNDATION
$60,000SCHOLARSHIP
GONZAGA UNIVERSITY
$60,000SCHOLARSHIP
STANFORD UNIVERSITY
$55,000SCHOLARSHIP
UNIVERSITY OF CALIFORNIA BERKELEY
$50,000SCHOLARSHIP
UNIVERSITY OF MICHIGAN
$50,000SCHOLARSHIP
EMORY UNIVERSITY
$50,000SCHOLARSHIP
NORTH DAKOTA STATE UNIVERSITY
$45,000SCHOLARSHIP
BOSTON COLLEGE
$45,000SCHOLARSHIP
SANTA CLARA UNIVERSITY
$43,750SCHOLARSHIP
MICHIGAN TECHNOLOGICAL UNIVERSITY
$40,000SCHOLARSHIP
POMONA COLLEGE
$40,000SCHOLARSHIP
WINONA STATE UNIVERSITY
$40,000SCHOLARSHIP
TEXAS CHRISTIAN UNIVERSITY
$35,000SCHOLARSHIP
HOLY CROSS COLLEGE
$29,165SCHOLARSHIP
UNIVERSITY OF WISCONSIN
$25,000SCHOLARSHIP
WESTERN CAROLINA UNIVERSITY
$25,000SCHOLARSHIP
HARVARD UNIVERSITY
$25,000SCHOLARSHIP
CLAREMONT MCKENNA COLLEGE
$12,500SCHOLARSHIP
UNIVERSITY OF PORTLAND
$12,500SCHOLARSHIP
CLAYTON STATE UNIVERSITY
$10,000SCHOLARSHIP
UNIVERSITY OF ALABAMA
$6,250SCHOLARSHIP