The Osterud-Winter Foundation trustees will accept applications for funding until November 27, 2026.
Mr. Osterud, the founder of Home Federal, and his daughter, Karen Osterud Winter, established a $1
million trust for Spring Valley with 75% of the earnings to be used for Kingsland School District scholarships,
Spring Valleys Historical Society, Spring Valley Living, Spring Valley Cemetery, and the City of Spring Valley;
and the remaining 25% is allocated as discretionary funds. Primary consideration is given to organizations
who provide emergency and disaster relief in or within a 15-mile radius of Spring Valley and meet the federal
tax exemption requirements 501(c)(3). Since 1995, the Trust has distributed $2 million dollars.
Requests can be submitted to the following Trustees:
Steve Himle – shimle@mchsi.com or 507-259-8650
Sally Jeske – csjfarms@arvig.net or 507-273-2718
Scott Mulholland – smulholland78@hotmail.comor 507-696-4802
