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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 is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Minnesota. 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.
Smallest Grant
$2K
Median Grant
$25K
Average Grant
$26K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Lorie Afremov | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.1M
Fair Market Value
N/A
Net Worth
$2.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | 2021 |
| Concordia Language VillageRUSSIAN LANGUAGE VILLAGE | Moorhead, MN | $25K | 2021 |