Osterud- Winter Foundation Accepting Grant Applications
The Osterud-Winter Foundation trustees will accept applications for funding until November 22, 2024. Mr. Osterud, the founder of Home Federal, and his daughter, Karen Osterud Winter, established $1 million trust for Spring Valley with 75% of the earnings to be used for Kingsland School District scholarships, Spring Valley’s 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 $1.9 million dollars.
Requests can be submitted to the following Trustees: