EIN 41-6031510

Saint Paul and Minnesota Foundation

IRS 501(c) type
501(c)(3)
Num. employees
83
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Saint Paul and Minnesota Foundations' mission is to share knowledge and resources to benefit the communities they serve.
Also known as...
The Saint Paul Foundation; Saint Paul and Minnesota Foundations; Minnesota Philanthropy Partners
Total revenues
$122,971,818
2022
Total expenses
$112,915,952
2022
Total assets
$1,457,121,171
2022
Num. employees
83
2022

Program areas at Saint Paul and Minnesota Foundation

We work with donors, professional and legal advisors, nonprofit organizations and local leaders to identify and support critical needs across the state of Minnesota. We help donors achieve their charitable goals and address critical issues facing communities around the state. Through our grantmaking, we support nonprofits doing great work in six key areas: economic opportunity and security; education and training; excellent quality of life; housing and mobility choices; quality affordable health care; and strong human services and family support.
We support effective grantmaking and provide administrative services for a wide variety of funds and foundations serving Minnesota and the east metro area, including dakota, ramsey and Washington counties.
Through community initiatives - innovative and responsive programs that directly serve people in the community - we are able to support and address timely issues. A snapshot of our current work includes the east metro pulse survey and report. The project included a survey for residents that measured community vitality and quality of life in dakota, ramsey, and Washington counties. The report has been shared with the general public to help inform policy makers, funders and local leaders about the opportunities and challenges facing the east metro region. Visit www.spmcf.org to learn about all of our community initiatives.
The Foundation provides grants to individuals through the community sharing fund and j.c. and l.a. duke employees assistance fund. The community sharing fund provides small grants to help individuals and families weather a temporary setback and keep it from becoming a major crisis. Grants have been used to help maintain transportation to a job, cover rent or pay for childcare. Through a network of social workers, individuals can access the fund when all other forms of emergency assistance have been exhausted. 898 grants were approved from the community sharing fund during 2022. The duke fund provides assistance to 3m employees who have experienced a catastrophic illness or accident. Grants help employees regain self-sufficiency and return to the workplace. Support is designed to help employees through a transition and is not indefinite. 44 grants were approved from the duke fund during 2022.

Grants made by Saint Paul and Minnesota Foundation

GranteeGrant descriptionAmount
Mayo ClinicMultiple Grants for Multiple Purposes$12,796,534
Wesleyan UniversityMultiple Grants for Multiple Purposes$3,610,000
Minnesota Public Radio American Public MediaMultiple Grants for Multiple Purposes$2,187,741
...and 902 more grants made totalling $81,180,518

Who funds Saint Paul and Minnesota Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Margaret A Cargill FoundationSupport for A Donor Advised Fund at the Minnesota Community Foundation$7,000,000
Bush FoundationSaint Paul and Minnesota Foundation (SPMF) Will Manage the Archibald Bush Legacy Fund, An Endowed Fund To Make Post-Secondary Education Accessible for High School Students in ST. Paul. As Administrator of the Fund, SMPF Will Partner With A Scholarship Provider To Award Scholarships and Other Services To ST. Paul Students Seeking To Pursue Higher Education Opportunities, With An Emphasis on Students From Underrepresented Communities. the Archibald Bush Legacy Fund Expands the Foundation's Long-Term Commitment Established By Archie Bush To Education and the Cities of ST, Paul and Granite Falls, MN.$5,300,000
Margaret A Cargill FoundationSupport for Employee Matching Program Administered By Minn. Comm. FND.$1,200,000
...and 51 more grants received totalling $17,211,748

Personnel at Saint Paul and Minnesota Foundation

NameTitleCompensation
Eric J. JollyPresident and Chief Executive Officer ,$521,302
Nadege SouvenirChief Operating Officer$261,444
Scott ZastoupilChief Financial Officer$220,566
Shannon O'LearyChief Investment Officer$300,626
Melanie HoffertChief Marketing Officer$204,932
...and 30 more key personnel

Financials for Saint Paul and Minnesota Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$70,662,323
Program services$1,052,821
Investment income and dividends$29,555,458
Tax-exempt bond proceeds$0
Royalty revenue$265
Net rental income$0
Net gain from sale of non-inventory assets$20,896,104
Net income from fundraising events$-2,114
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$806,961
Total revenues$122,971,818

Form 990s for Saint Paul and Minnesota Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-15990View PDF
2021-122022-08-10990View PDF
2020-122021-09-03990View PDF
2019-122020-09-22990View PDF
2018-122019-10-04990View PDF
...and 9 more Form 990s
Data update history
January 18, 2024
Updated personnel
Identified 17 new personnel
December 24, 2023
Received grants
Identified 9 new grant, including a grant for $64,606 from Nicholson Family Foundation
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 29, 2023
Updated personnel
Identified 6 new personnel
September 24, 2023
Received grants
Identified 59 new grant, including a grant for $5,350,000 from Margaret A Cargill Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
101 Fifth St E Suite 2400
Saint Paul, MN 55101
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
spmcf.org/ 
Phone
(651) 224-5463
Facebook page
spmcfoundations 
Twitter profile
@spmcfoundations 
IRS details
EIN
41-6031510
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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