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Bakken Family Wrc Foundation is a private corporation based in PRIOR LAKE, MN. The foundation received its IRS ruling in 1996. The principal officer is Lowry Hill. It holds total assets of $18M. Annual income is reported at $4M. Total assets have grown from $14.4M in 2011 to $18.1M 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 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Bakken Family Wrc Foundation has made 127 grants totaling $4.4M, with a median grant of $15K. The foundation has distributed between $1M and $2.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.4M distributed across 70 grants. Individual grants have ranged from $2K to $265K, with an average award of $35K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Minnesota, Colorado, New York, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$20K
Average Grant
$40K
Largest Grant
$230K
Based on 25 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.
Bakken Family Wrc Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 127 grants. Its grantmaking reaches organizations primarily in MN, CO, NY.
Bakken Family Wrc Foundation has distributed a total of $4.4M across 127 grants. The median grant size is $15K, with an average of $35K. Individual grants have ranged from $2K to $265K.
Bakken Family Wrc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bakken Family Wrc Foundation is headquartered in PRIOR LAKE, MN. While based in MN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley Bakken | TREASURER | $0 | $0 | N/A |
| Pamela B Petersmeyer | PRESIDENT | $0 | $0 | N/A |
| Wendy K Watson | VICE PRESIDENT | $0 | $0 | N/A |
| Jeffrey Bakken | SECRETARY | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$18.1M
Fair Market Value
$19.8M
Net Worth
$18.1M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$757K
Distribution Amount
$914K
Total: $17.1M
Total Grants
127
Total Giving
$4.4M
Average Grant
$35K
Median Grant
$15K
Unique Recipients
40
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norway HouseGENERAL SUPPORT | Minneapolis, MN | $142K | 2023 |
| First Lutheran ChurchGENERAL SUPPORT | Columbia Heights, MN | $95K | 2023 |
| The LinkGENERAL SUPPORT | Minneapolis, MN | $5K | 2023 |
| Children FirstGENERAL SUPPORT | St Louis Park, MN | $5K | 2023 |
| The Bakken MuseumGENERAL SUPPORT | Minneapolis, MN | $165K | 2023 |
| Pavek Museum Of BroadcastingGENERAL SUPPORT | St Louis Park, MN | $125K | 2023 |
| Shepherd Of The Lake Lutheran ChurchGENERAL SUPPORT | Prior Lake, MN | $75K | 2023 |
| Snowmass ChapelGENERAL SUPPORT | Snowmass Village, CO | $50K | 2023 |
| Allina Health FoundationGENERAL SUPPORT | Minneapolis, MN | $40K | 2023 |
| Northern Star Council Boy Scouts Of AmericaGENERAL SUPPORT | St Paul, MN | $35K | 2023 |
| AttachGENERAL SUPPORT | Minneapolis, MN | $30K | 2023 |
| Dodoma Tanzania Health DevelopmentGENERAL SUPPORT | Minneapolis, MN | $25K | 2023 |
| Mitchell Hamline School Of LawGENERAL SUPPORT | St Paul, MN | $25K | 2023 |
| Southern Valley Alliance For Battered WomenGENERAL SUPPORT | Belle Plaine, MN | $25K | 2023 |
| Trinity Lutheran Church FoundationGENERAL SUPPORT | Long Lake Rd, MN | $20K | 2023 |
| Columbia Heights High School Alumni Scholarship FundGENERAL SUPPORT | Columbia Heights, MN | $20K | 2023 |
| Second Harvest HeartlandGENERAL SUPPORT | Brooklyn Park, MN | $15K | 2023 |
| Alzheimers Association Of MinnesotaGENERAL SUPPORT | Minneapolis, MN | $15K | 2023 |
| Children'S Law Center Of MinnesotaGENERAL SUPPORT | St Paul, MN | $15K | 2023 |
| University Of St ThomasGENERAL SUPPORT | St Paul, MN | $15K | 2023 |
| AspcaGENERAL SUPPORT | New York, NY | $14K | 2023 |
| Prior Lake Fire DepartmentGENERAL SUPPORT | Prior Lake, MN | $14K | 2023 |
| Crescent CoveGENERAL SUPPORT | St Louis Park, MN | $10K | 2023 |
| University Of Minnesota FoundationGENERAL SUPPORT | Minneapolis, MN | $10K | 2023 |
| Als AssociationGENERAL SUPPORT | Arlington, VA | $10K | 2023 |
| St Louis Park Emergency Program (Step)GENERAL SUPPORT | St Louis Park, MN | $10K | 2023 |
| Wishes And MoreGENERAL SUPPORT | Minneapolis, MN | $10K | 2023 |
| Gillette Children'S Hospital FoundationGENERAL SUPPORT | St Paul, MN | $5K | 2023 |
| American Red CrossGENERAL SUPPORT | Minneapolis, MN | $5K | 2023 |
| Twin Cities Public TelevisionGENERAL SUPPORT | St Paul, MN | $5K | 2023 |
| Ordway Center For The Performing ArtsGENERAL SUPPORT | St Paul, MN | $5K | 2023 |
| Ecumenical Community Of ChautauquaGENERAL SUPPORT | Chautauqua, NY | $5K | 2023 |