Endowment / Foundation

Updated:

Andersen Corporate Foundation

The Andersen Corporate Foundation was created in 1941 by the Andersen family to channel corporate resources into local nonprofit work. Its grants target...

Andersen Corporate Foundation logo

Andersen Corporate Foundation

The Andersen Corporate Foundation was created in 1941 by the Andersen family to channel corporate resources into local nonprofit work. Its grants target housing, education, health, and hunger relief in Minnesota and adjacent regions. The foundation maintains a private equity portfolio in the United States. Its stated strategy centers on secondaries. It partners with the Saint Paul & Minnesota Foundation on community initiatives and maintains ties to First State Bank and Trust through board service by Chris Galvin. The foundation occupies the White Pine Building at 342 Fifth Avenue North, Suite 200, Bayport, Minnesota. Chris Galvin also represents the firm on the Minnesota Business Partnership and the Regions Hospital Foundation Corporate Council. No operational events from the last 24 months appear in available records. Governance ties the foundation directly to Andersen Corporation leadership, with the same executive holding the CEO role at the parent company and the top two officer positions at the foundation.

General information

Firm type

Endowment / Foundation

Year founded

1941

Location

Region

North America

Country

United States

City

Bayport

Corporate office

Bayport, Minnesota, United States

Principals

Chris Galvin

President and Treasurer

Eliza Chlebeck

Vice President and Secretary

Sector focus

PhilanthropyEducationHousing

Frequently asked questions

Who runs investment decisions at Andersen Corporate Foundation?

Chris Galvin serves as President and Treasurer. Eliza Chlebeck serves as Vice President and Secretary. Both roles are listed in the foundation's governance records.

How is Andersen Corporate Foundation related to Andersen Corporation?

The foundation operates as the philanthropic arm of Andersen Corporation. Chris Galvin holds the CEO title at the corporation while leading the foundation.

What asset classes does Andersen Corporate Foundation deploy capital into?

Records list a private equity portfolio focused on secondaries in the United States.

Where does the underlying wealth supporting Andersen Corporate Foundation originate?

The foundation traces to Hans Andersen and family through the manufacturing operations of Andersen Corporation.

Does Andersen Corporate Foundation maintain partnerships with other grantmakers?

It partners with the Saint Paul & Minnesota Foundation on community funds and initiatives.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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