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Apex Foundation is a private corporation based in COON RAPIDS, MN. The foundation received its IRS ruling in 2017. It holds total assets of $14K. Annual income is reported at N/A. Total assets have grown from $1K in 2015 to $50K in 2023. The foundation is governed by 4 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 2023. The foundation primarily funds organizations in Minnesota and Wisconsin. According to available records, Apex Foundation has made 48 grants totaling $136K, with a median grant of $1K. Annual giving has grown from $6K in 2020 to $32K in 2023. Grantmaking activity was highest in 2022 with $59K distributed across 10 grants. Individual grants have ranged from $100 to $16K, with an average award of $3K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Minnesota, Pennsylvania, Arizona, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$546
Largest Grant
$1K
Based on 11 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.
Apex Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in MN, PA, AZ.
Apex Foundation has distributed a total of $136K across 48 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $16K.
Apex Foundation typically selects its grantees rather than accepting unsolicited proposals.
Apex Foundation is headquartered in COON RAPIDS, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory Ackerson | CHAIRMAN | $0 | $0 | N/A |
| Mark Rasmussen | DIRECTOR | $0 | $0 | N/A |
| Steve Thomason | DIRECTOR | $0 | $0 | N/A |
| Mike Haag | DIRECTOR | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$50K
Fair Market Value
$50K
Net Worth
$50K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
48
Total Giving
$136K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bold Hope IncGENERAL FUNDING | Doylestown, PA | $16K | 2023 |
| Ignite LeadersGENERAL FUNDING | Jacksonville, NC | $8K | 2023 |
| Mn Valley Young LifeGENERAL FUNDING | Burnsville, MN | $3K | 2023 |
| Next Step ClubhouseGENERAL FUNDING | Albert Lea, MN | $3K | 2023 |
| Anoka Community MissionGENERAL FUNDING | Anoka, MN | $1K | 2023 |
| World Wide VillageGENERAL FUNDING | Coon Rapids, MN | $600 | 2023 |
| Life Center Of Freeborn CoGENERAL FUNDING | Albert Lea, MN | $500 | 2023 |
| South Central Minnesota Youth For ChristGENERAL FUNDING | Albert Lea, MN | $500 | 2023 |
| Grace Lutheran Church - Albert LeaGENERAL FUNDING | Albert Lea, MN | $500 | 2023 |
| Willmar Assembly Of GodGENERAL FUNDING | Willmar, MN | $2K | 2022 |
| Reaching Up MinistriesGENERAL FUNDING | Eagan, MN | $3K | 2021 |
| Alexandra HouseGENERAL FUNDING | Blaine, MN | $3K | 2021 |
| Tree House Youth OutreachGENERAL FUNDING | Edina, MN | $3K | 2021 |
| Ten Thirty HouseGENERAL FUNDING | Blaine, MN | $3K | 2021 |
| Christians Reaching Out In Social ServicesGENERAL FUNDING | Rogers, MN | $1K | 2021 |
| Shot For HopeGENERAL FUNDING | Hudson, WI | $1K | 2021 |
| Literacy For FreedomGENERAL FUNDING | Maple Grove, MN | $1K | 2021 |
| The Reel Hope ProjectGENERAL FUNDING | Minneapolis, MN | $500 | 2021 |
| Great River Young LifeGENERAL FUNDING | Elk River, MN | $500 | 2021 |
| Open Doors For YouthGENERAL FUNDING | Elk River, MN | $500 | 2021 |
| Fulda Food ShelfGENERAL FUNDING | Fulda, MN | $500 | 2021 |
| Hope 4 YouthGENERAL FUNDING | Anoka, MN | $250 | 2021 |
| Beyond The Yellow RibbonGENERAL FUNDING | Cambridge, MN | $250 | 2021 |
| Belle Plaine Area Food ShelfGENERAL FUNDING | Belle Plaine, MN | $500 | 2020 |
| Kinship Of Rice Lake IncGENERAL FUNDING | Rice Lake, WI | $500 | 2020 |
| The Education Foundation Of Forest LakeGENERAL FUNDING | Forest Lake, MN | $500 | 2020 |
| AvivoGENERAL FUNDING | Minneapolis, MN | $500 | 2020 |
| Pockets Of HopeGENERAL FUNDING | Sartell, MN | $500 | 2020 |
| Center Against Sexual & Domestic AbuseGENERAL FUNDING | Superior, WI | $500 | 2020 |
| Pathways 4 YouthGENERAL FUNDING | St Cloud, MN | $500 | 2020 |
| Anna Marie'S AllianceGENERAL FUNDING | St Cloud, MN | $500 | 2020 |
| Oasis For YouthGENERAL FUNDING | Bloomington, MN | $500 | 2020 |
| Cap AgencyGENERAL FUNDING | Shakopee, MN | $100 | 2020 |