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EIN 41-6023537

The Graco Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Minneapolis
State
Minnesota
Year formed
1958
Most recent tax filings
2021-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Graco Foundation is a corporate foundation that made 248 grants last year. Its trustees are Patrick J Mchale, Karen P Gallivan, and Janel W French. The Graco Foundation is located in Minneapolis, MN.
Total revenues
$4,571,624
2021
Total expenses
$1,474,438
2021
Total assets
$26,673,287
2021
Num. employees
n/a

Program areas at The Graco Foundation

Grant recoveries

Personnel at The Graco Foundation

NameTitleCompensation
Kevin J. WheelerPresident and Chief Executive Officer
Mark W. SheahanChief Financial Officer and Treasurer
Angela F. WordellExecutive Vice President, Operations, and President, Worldwide Oil and Natural Gas Division
David M. AhlersExecutive Vice President, Human Resources and Corporate Communications$0
Caroline M. ChambersPresident, Emea, and Executive Vice President, Information Systems
...and 2 more key personnel

Financials for The Graco Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$0
Investment income and dividends$514,101
Net rental income$0
Net gain from sale of non-inventory assets$4,052,263
Gross sales of inventory$0
Miscellaneous revenues$5,260
Total revenues$4,571,624

Form 990s for The Graco Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122020-12-10990PFView PDF
2018-122019-09-10990PFView PDF
2016-122017-08-21990PFView PDF
2015-122016-08-22990PFView PDF
2014-122015-09-28990PFView PDF
...and 3 more Form 990s
Data update history
August 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
February 4, 2021
Updated personnel
Identified 5 new personnel
December 27, 2020
Updated personnel
Identified 16 new personnel
September 22, 2020
Posted financials
Added Form 990PF for fiscal year 2018
September 20, 2018
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 1441
Minneapolis, MN 55440
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
graco.com/us/en.html 
Phone
(612) 623-6729
IRS details
EIN
41-6023537
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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