EIN 46-4598642

Borealis Philanthropy

IRS 501(c) type
501(c)(3)
Num. employees
63
Year formed
2013
Most recent tax filings
2024-12-01
NTEE code, primary
Description
Borealis Philanthropy resources grassroots movements, investing in leaders and organizations to foster transformative change and support social justice initiatives across diverse communities.
Total revenues
$42,473,306
2024
Total expenses
$54,652,165
2024
Total assets
$78,225,705
2024
Num. employees
63
2024

Program areas at Borealis Philanthropy

The black-led movement fund supports the movement for black lives (m4bl) and other values-aligned organizations to better shape policy agendas for black communities, create alternatives to institutions that have been harmful to black people, and build local black community power. 2024 highlights:$7.3m in general operating support grants$839k in rapid response grants121 grantee partners
The racial equity in Philanthropy fund has invested in philanthropy-serving organizations to inform, educate, and equip funders to integrate racial equity policies and practices into their grantmaking programs. This fund will formally sunset in 2025. 2024 highlights:$6.1m in grants
The disability inclusion fund seeds and expands the capacity of the disability justice movement by resourcing powerful grassroots leaders at the forefront of dismantling ableism through policy advocacy, community organizing, art, and narrative change.2024 highlights:$5.1m in grants$142k in response grants75 grantee partners
The communities transforming policing fund resources local communities impacted by deadly and discriminatory policing practices to build power, increase police accountability and transparency, and redefine safety by advocating for investment in community-based programs and services as alternatives to police, jails, and prisons.
The racial equity in journalism fund invests in, connects, and threads the bipoc journalism ecosystem, disrupting harmful narratives and increasing civic engagement for communities of color by reaching them with vital, relevant information.
The fund for trans generations resources bipoc, trans-led organizations working to advance community safety, supportive community housing, decarceration, and access to health care and mental healthto build a world in which all people can live with self determination, safety, and joy.
The emerging lgbtq leaders of color fund* supports the role that young trans and queer leaders play to support pro-lgbtq, racial justice movements in becoming more connected, inclusive, and thus more powerful. The fund invests in leaders and organizations who understand that the issues like community safety, reproductive justice, immigrant rights, and others do not exist in isolation from each other, and who approach liberation work from a place of inclusion. These leaders envision and implement organizing strategies that address how these issues intersect. *formerly the transforming movements fund
The spark justice fund resources grassroots organizing groups that are ending money bail and unjust pretrial detention policies. Grantees' longer-term goals are to significantly reduce jail populations, decriminalize poverty, and reduce disparities for low-income communities of color, including for women of color and other marginalized people.
The racial equity to accelerate change fund is expanding the capacity of racial equity consultants to work with nonprofit organizations. The fund invests in practitioners to develop and scale tools and strategies for the benefit of the nonprofit sector.
Movement support services and other general program activities.

Grants made by Borealis Philanthropy

GranteeGrant descriptionAmount
Social and Environmental Entrepreneurs (SEE)To Support the Work of Fiscal Projects$1,283,000
Social Good FundTo Support the Work of Fiscal Projects$988,000
Hispanics in Philanthropy (HIP)To Support the Work of Hispanics in Philanthropy & Fiscal Project$558,000
...and 345 more grants made totalling $36,024,475

Who funds Borealis Philanthropy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robert Wood Johnson Foundation (RWJF)82080 Supporting the Black-Led Movement Fund and Disability Inclusion Fund in Catalyzing Investments in the Racial Justice and Disability Justice Movements$4,500,000
Vanguard CharitableFor Recipient's Exempt Purpose$2,500,000
James Irvine FoundationTo Support Research and Development in Ca$2,500,000
...and 77 more grants received totalling $35,490,098

Financials for Borealis Philanthropy

RevenuesFYE 12/2024
Total grants, contributions, etc.$41,274,648
Program services$0
Investment income and dividends$635,023
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$558,516
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,119
Total revenues$42,473,306

Organizations like Borealis Philanthropy

OrganizationLocationRevenue
Peace Development Fund (PDF)Amherst, MA$12,311,263
MS Foundation for WomenBrooklyn, NY$30,607,417
Solidaire NetworkOakland, CA$27,093,751
Urgent Action Fund for Feminist Activism (UAF)Alameda, CA$13,733,607
Elton John Aids Foundation (EJAF)New York, NY$20,298,674
Horizons FoundationSan Francisco, CA$15,389,233
New World FoundationNew York, NY$132,467,640
Robin Hood FoundationNew York, NY$180,479,570
United CharitableAshburn, VA$19,695,149
Moore ImpactDenver, CO$16,505,944
Data update history
September 22, 2026
Received grants
Identified 2 new grant, including a grant for $275,000 from The Chicago Community Trust
June 21, 2026
Received grants
Identified 2 new grant, including a grant for $150,000 from JustLeadershipUSA (JLUSA)
April 1, 2026
Posted financials
Added Form 990 for fiscal year 2024
February 27, 2026
Updated personnel
Identified 2 new personnel
February 4, 2026
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsCharities
Issues
Human rightsLGBTQ
Characteristics
Legally formed as corporationProvides grantsGrassroots organizingNational levelTax deductible donationsAccepts online donations
General information
Address
400 S 4th St PMB 280267 Ste 410
Minneapolis, MN 55415
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
borealisphilanthropy.org/ 
Phone
(612) 224-9644
IRS details
EIN
46-4598642
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0246000
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2026-08-19
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