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EIN 83-0995816

3M Open Fund

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Blaine
State
Minnesota
Year formed
2018
Most recent tax filings
2023-09-01
NTEE code, primary
T30: Public Foundations
Description
The 3M Open Fund is a nonprofit organization that runs an annual PGA Tour sanctioned professional golf tournament for charity. Its mission is to contribute positively to the life in the community by donating net proceeds from the event. The organization hosts a PGA Tour sanctioned professional golf tournament every July as one of its programs.
Total revenues
$20,061,297
2023
Total expenses
$18,531,372
2023
Total assets
$3,728,231
2023
Num. employees
12
2023

Program areas at 3M Open Fund

The organization held a pga tour sanctioned professional golf tournament in july.

Grants made by 3M Open Fund

GranteeGrant descriptionAmount
Fairview Health ServiceDirect Grant$365,000
Pga Tour First Tee FoundationDirect Grant$260,000
The Minneapolis FoundationDirect Grant$50,000
...and 14 more grants made

Who funds 3M Open Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
PGA TourGeneral Support$225,000
Bknd2allSupport Mission$23,480
Wings Financial FoundationCharitable Contributions$12,500
...and 3 more grants received

Personnel at 3M Open Fund

NameTitleCompensation
Leslie ChristensenDirector of Operations
John ScanlonTournament Finance Director
Hollis CavnerExecutive Tournament Director
Mike WelchTournament Director
Adam BankoDirector of Tickets and Digital Communications
...and 7 more key personnel

Financials for 3M Open Fund

RevenuesFYE 09/2023
Total grants, contributions, etc.$6,501,981
Program services$13,080,696
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$478,620
Total revenues$20,061,297

Form 990s for 3M Open Fund

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-12990View PDF
2022-092023-06-20990View PDF
2021-092022-08-15990View PDF
2020-092021-08-09990View PDF
2019-092020-10-15990View PDF
Data update history
September 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 24, 2024
Updated personnel
Identified 4 new personnel
February 4, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from Dick's Sporting Goods Foundation
January 1, 2024
Received grants
Identified 3 new grant, including a grant for $225,000 from PGA Tour
October 22, 2023
Received grants
Identified 1 new grant, including a grant for $12,500 from Wings Financial Foundation
Nonprofit Types
Grantmaking organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
11074 Radisson Rd Northeast
Blaine, MN 55449
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Anoka County, MN
Website URL
3mopen.com/ 
Phone
(763) 783-9000
IRS details
EIN
83-0995816
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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