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Afremov Foundation is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 2005. The principal officer is % Lorie Afremov. It holds total assets of $2.1M. Annual income is reported at $451K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Afremov Foundation has made 11 grants totaling $217K, with a median grant of $15K. Annual giving has grown from $77K in 2021 to $140K in 2022. Individual grants have ranged from $2K to $50K, with an average award of $20K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Afremov Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MN.
Afremov Foundation has distributed a total of $217K across 11 grants. The median grant size is $15K, with an average of $20K. Individual grants have ranged from $2K to $50K.
Afremov Foundation typically selects its grantees rather than accepting unsolicited proposals.
Afremov Foundation is headquartered in MINNETONKA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael R Afremov | PRESIDENT | $0 | $0 | $0 |
| Lorie Afremov | SECRETARY/TREASURER | $0 | $0 | $0 |
Total Giving
$185K
Total Assets
$2.1M
Fair Market Value
$2.6M
Net Worth
$2.1M
Grants Paid
$141K
Contributions
$11K
Net Investment Income
$96K
Distribution Amount
$122K
Total: $1.1M
Total Grants
11
Total Giving
$217K
Average Grant
$20K
Median Grant
$15K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple IsraelGENERAL PURPOSE | Minneapolis, MN | $50K | 2022 |
| Mayo ClinicGENERAL PURPOSE | Rochester, MN | $15K | 2022 |
| The Gyuto Wheel Of Dharma MonasteryGENERAL PURPOSE | Minneapolis, MN | $3K | 2022 |
| Belarusian Association Of The MidwestGENERAL PURPOSE | Minnetonka, MN | $2K | 2022 |
| Spring Forest Qigong InstituteGENERAL PURPOSE | Eden Prairie, MN | $50K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2021 |
| Concordia Language VillageRUSSIAN LANGUAGE VILLAGE | Moorhead, MN | $25K | 2021 |
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