The Larsen Foundation
Preselected recipients only
The Larsen Foundation is a private foundation in Chicago, Illinois. In tax year 2025 it gave $191,000 in 18 grants; the typical grant was $10,000 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$191,000
- Number of grants18
- Typical grant$10,000
- Largest grant$25,000
- Assets$4.6 million
- New grantees6%
Giving in 2025 was up from $171,000 the year before.
6% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $182,000 | 19 | $4.0 million |
| 2024 | $171,000 | 19 | $4.3 million |
| 2025 | $191,000 | 18 | $4.6 million |
How to apply
The Larsen Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Larsen Foundation funds
Where it gives
Its grants went to recipients in 9 states, the most to Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 2 | $50,000 |
| California | 5 | $38,750 |
| Florida | 2 | $35,500 |
| Pennsylvania | 4 | $30,000 |
| Virginia | 1 | $17,750 |
| Minnesota | 1 | $10,000 |
| Ohio | 1 | $5,000 |
| Hawaii | 1 | $2,000 |
| New York | 1 | $2,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Dallas | General | $25,000 |
| Texas A&m Foundation | General | $25,000 |
| Wounded Warrior Project | General | $17,750 |
| Tragedy Assistance Program for Survivors | General | $17,750 |
| Team Red White and Blue | General | $17,750 |
| Team Rubicon Inc | General | $17,750 |
| United Way of Greater Philadelphia and and Southern Newjersey | General | $10,000 |
| Mayo Clinic | General | $10,000 |
| UCSF Foundation | General | $10,000 |
| Resources for Human Developement | General | $10,000 |
| Trustees of the University of Pennsylvania | General | $5,000 |
| Kern Project | General operating | $5,000 |
| Marin General Hospital | General | $5,000 |
| Cleveland Clinic | General | $5,000 |
| Peter's Place | General | $5,000 |
| Colel Chabad | General | $2,000 |
| The Jim Saunders Fund | General | $2,000 |
| Casa de Amma Inc | General operating | $1,000 |
Officers and trustees
- JP Morgan Chase Bank NA
- Terrence A Larsen
- Ashley A Larsen
Questions people ask
Does The Larsen Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Larsen Foundation give?
$191,000 in tax year 2025, across 18 grants, with a typical grant of $10,000.
Who runs The Larsen Foundation?
Its 2025 filing lists JP Morgan Chase Bank NA (Trustee), Terrence A Larsen (Co-Trustee) and Ashley A Larsen (Co-Trustee).
What does The Larsen Foundation fund?
Based on its grants, mainly education and health.