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Minnesota private foundations

There are 2,209private foundations in Minnesota. Combined, these Minnesotanprivate foundationsemploy 556 people, earn more than $2 billion in revenue each year, and have assets of $23 billion.
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Types of private foundations in Minnesota

Nonprofit typeNumberRevenues
Private foundations
2,209
$2,167,410,858
Corporate foundations
68
$590,303,542
Showing 2 of 2categories

Private foundations by major Minnesota cities

Metro areaNonprofitsRevenues
Minneapolis
1,681
$1,926,730,807
Duluth
70
$25,194,634
St. Cloud
56
$18,934,595
Rochester, MN
53
$15,251,396
Mankato
34
$14,325,129
Grand Forks, ND
12
$977,490
Fargo, ND
8
$21,791
La Crosse, WI
7
$155,716
Showing 8 of 8metros

Sizes of private foundations in Minnesota

Revenues per organizationNumber of organizations
< $250k
1,195
$250k to $1M
286
$1M to $5M
124
$5M to $25M
43
$25M to $100M
16
$100M+
2
Key takeaways for revenue stats:

Directory of private foundations in Minnesota

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1-20 of 2,209

Mortenson Family Foundation

The Mortenson Family Foundation's intention is to exist in perpetuity and to have generation upon generation of their family working to strengthen communities for which they care.
Revenue
$9.5m
Assets
$136.6m
Employees
5
EIN
41-1958621
IRS type
501(c)(3)

Frechette Family Foundation

The Frechette Family Foundation is a private foundation based in Minneapolis, MN. The foundation made one grant last year and is supported by the Estate of Peter Frechette.
Revenue
$7.2m
Assets
$163.2m
Employees
1
EIN
31-1530248
IRS type
501(c)(3)

Margaret A Cargill Foundation

The Margaret A Cargill Foundation supports societal, environmental, and artistic initiatives, enhancing quality of life and partnering with organizations for sustainable solutions.
Revenue
$92.6m
Assets
$3.3b
Employees
119
EIN
37-1758406
IRS type
501(c)(3)

Medtronic Foundation

The Medtronic Foundation is a private foundation that is supported by Medtronic Inc. It made 39 grants last year.
Revenue
$22.3m
Assets
$29.8m
Employees
8
EIN
41-1306950
IRS type
501(c)(3)

CLB Foundation

The vision of the CLB Foundation is to glorify God through following the teachings of his son, Jesus Christ.
Revenue
$7.7m
Assets
$17.5m
Employees
1
EIN
81-1617742
IRS type
501(c)(3)

Inspired Investment Leadership

Inspired Investment Leadership is a private foundation that provides education and training on the basics of investments. The organization is located in North Oaks, MN.
Revenue
$17.7m
Assets
$47.8m
Employees
2
EIN
47-4229930
IRS type
501(c)(3)

Kendrick B Melrose Family Foundation

The Kendrick B Melrose Family Foundation is a private foundation located in Wayzata, MN. The Foundation made 12 grants last year. Grantees include Christo Rey Jesuit High School. The Foundation is supported by the Kendrick B Melrose Irrevocable Trust.
Revenue
$22.9m
Assets
$49.2m
Employees
2
EIN
41-1894134
IRS type
501(c)(3)

Manitou Fund

The Manitou Fund is a private foundation that provides grants to Schwab Charitable Gift Fund and made 233 grants last year. The Manitou Fund is supported by Donald Mcneely Revocable Trust.
Revenue
$33.2m
Assets
$738.6m
Employees
7
EIN
41-6055113
IRS type
501(c)(3)

The McKnight Foundation

The McKnight Foundation is a Minneapolis-based private foundation that supports artists and leads the Groundbreak Coalition, making 833 grants last year.
Revenue
$106.7m
Assets
$2.7b
Employees
73
EIN
41-0754835
IRS type
501(c)(3)

Otto Bremer Trust (OBT)

The Otto Bremer Trust assists people in achieving full economic, civic and social participation in and for the betterment of their communities.
Revenue
$83.7m
Assets
$1.5b
Employees
19
EIN
41-6019050
IRS type
501(c)(3)

Carlson Family Foundation

Through investments in education, mentoring, children and youth at risk, and youth mentoring, the Carlson Family Foundation actively participates in creating strong and healthy communities, and a competitive workforce.
Revenue
$12.4m
Assets
$267.0m
Employees
7
EIN
41-6028973
IRS type
501(c)(3)

Jerome Foundation

The Jerome Foundation seeks to contribute to a dynamic and evolving culture by supporting the creation, development, and production of new works by early career/emerging artists.
Revenue
$15.4m
Assets
$113.2m
Employees
11
EIN
41-6035163
IRS type
501(c)(3)

CHS Foundation

The CHS Foundation is a corporate foundation located in Inver Grove Heights, MN that refunds amounts previously treated as qualifying distributions. Last year, they made 108 grants, and their grantees include the National FFA Foundation Inc.
Revenue
$11.9m
Assets
$58.4m
Employees
2
EIN
41-6025858
IRS type
501(c)(3)

Bentson Foundation

In 1956, the Bentson family established the Bentson Foundation to support a diverse array of charitable causes in Minneapolis and St. Paul.
Revenue
$13.3m
Assets
$112.0m
Employees
1
EIN
41-6020204
IRS type
501(c)(3)

The Goodman Family Operating Foundation

Private foundation in Chaska, MN. Funds golf access for all and supports assisted living facility. Grantees include Barrier Free Golf Inc.
Revenue
$28.2m
Assets
$332.0m
Employees
62
EIN
61-1816821
IRS type
501(c)(3)

J.A. Wedum Foundation

To develop and utilize the resources of foundation to positively change and improve people's lives in the spirit of stewardship and generosity exemplified by John A. Wedum, the grandfather, and carried forwards by John A. Wedum, the grandson.
Revenue
$32.9m
Assets
$164.3m
Employees
2
EIN
41-6025661
IRS type
501(c)(3)

Fred C and Katherine B Andersen Foundation

The Fred C and Katherine B Andersen Foundation is a private foundation that focuses on Tactors. The foundation made $18.3 million in grants last year and has a total assets of $706 million.
Revenue
$54.4m
Assets
$1.5b
Employees
1
EIN
41-6020920
IRS type
501(c)(3)

The Richard M Schulze Family Foundation

The Richard M Schulze Family Foundation is a private foundation located in Minneapolis, MN. It has made 1,221 grants in the past. Most of these grants went to organizations that support cancer research.
Revenue
$68.1m
Assets
$209.2m
Employees
11
EIN
46-5588406
IRS type
501(c)(3)

Securian Foundation

The Securian Foundation is a corporate foundation located in Saint Paul, MN that uses its earned income to support charitable contributions. It made one grant last year.
Revenue
$7.5m
Assets
$86.3m
Employees
0
EIN
36-3608619
IRS type
501(c)(3)

David and Janis Larson Foundation

The David and Janis Larson Foundation is a private foundation located in Saint Paul, MN that awards grants to organizations like Food For Hungry Minds. The trustees are Janis L. Larson and D. Lance Larson.
Revenue
$10.0m
Assets
$136.7m
Employees
1
EIN
41-1957525
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T20: Private Foundations" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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