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EIN 41-6017088

Target Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Minneapolis
State
Minnesota
Year formed
1928
Most recent tax filings
2024-02-01
NTEE code, primary
T21: Corporate foundations
Description
The Target Foundation provides grants to a variety of organizations, including the New Venture Fund. It is supported by the Target Corporation.
Total revenues
$57,393,098
2024
Total expenses
$26,443,749
2024
Total assets
$92,692,164
2024
Num. employees
0
2024

Grants made by Target Foundation

GranteeGrant descriptionAmount
Minnesota Black Collective FoundationEconomic Opportunity - Hometown (Ecosystem)$1,500,000
Charities Aid Foundation of AmericaEconomic Opportunity - Global$1,000,000
NamatiEconomic Opportunity - Global$1,000,000
...and 119 more grants made totalling $24,230,000

Financials for Target Foundation

RevenuesFYE 02/2024
Total grants, contributions, etc.$56,000,000
Investment income and dividends$1,393,098
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$57,393,098

Form 990s for Target Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-022024-12-05990PFView PDF
2023-012023-11-30990PFView PDF
2022-012022-11-29990PFView PDF
2021-012022-01-11990PFView PDF
2020-022021-06-15990PFView PDF
...and 9 more Form 990s

Organizations like Target Foundation

OrganizationLocationRevenue
State Street FoundationBoston, MA$25,496,290
The Coca-Cola FoundationAtlanta, GA$128,571,584
The Blackstone Charitable FoundationNew York, NY$14,950,236
Metlife FoundationNew York, NY$27,890,465
Citi FoundationNew York, NY$84,233,338
PG&E Corporation FoundationOakland, CA$23,418,183
Wells Fargo FoundationMinneapolis, MN$256,338,473
The Bob & Renee Parsons FoundationScottsdale, AZ$26,631,636
Eversource Energy FoundationHartford, CT$20,638,374
Ford Motor Company FundDearborn, MI$53,071,640
Data update history
January 30, 2025
Posted financials
Added Form 990PF for fiscal year 2024
January 21, 2025
Updated personnel
Identified 1 new personnel
February 3, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 11, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCorporate foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 1455
Minneapolis, MN 55440
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
corporate.target.com/?utm_source=september+2013&utm_campaign=newsletter&utm_medium=email 
Phone
(612) 761-9219
IRS details
EIN
41-6017088
Fiscal year end
January
Taxreturn type
Form 990-PF
Year formed
1928
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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