Program areas at Minnesota Military Family Foundation
Minnesota Military Family Foundation (the Foundation) is a community-supported fund founded in november 2004. Contributions are made by people who understand that there are many sacrifices that Military families make and want to help soften the financial hardships that may occur, especially when a Family member is deployed, by providing a financial safety net. The Foundation distributes money, through grants, to Minnesota Military families that need help. The Foundation works closely with the soldier and Family readiness specialists (sfrs). The sfrs communicates directly with Military members and their families. They direct request to the Foundation and provide details of the service members' financial needs. The Foundation pays mortgage payments, rents, utilities, car payments, medical bills and other needs on behalf of the service members.
Who funds Minnesota Military Family Foundation
Grants from foundations and other nonprofits
Personnel at Minnesota Military Family Foundation
| Name | Title | Compensation | Date of data |
|---|
| Tim Kennedy | Secretary and Executive Director | $0 | 2022-12-31 |
| Susan Kennedy | Treasurer | $0 | 2023-05-31 |
| Jon Trost | Vice President | $0 | 2022-12-31 |
| Bill Popp | President | $0 | 2022-12-31 |
| Terrence Palmer | Executive Director / Secretary and Treasurer | $0 | 2022-06-02 |
Financials for Minnesota Military Family Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,182,821 | $1,145,671 | 3.2% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $226,919 | $184,359 | 23.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-177,864 | $110,616 | -260.8% |
| Net income from fundraising events | $-5,205 | $-7,801 | 33.3% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,226,671 | $1,432,845 | -14.4% |
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Data update history
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 23, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsCharities
Issues
Community improvement
Characteristics
Provides grantsFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 620 Mendelssohn Ave N 130
- Golden Valley, MN 55427
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- Website URL
- minnesotamilitaryfamilyfoundation.org/Â
- Phone
- (763) 544-2255
IRS details
- EIN
- 41-1815585
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1995
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- W12: Public and Societal Benefit Fund Raising and Fund Distribution
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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