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Bakken Galbraith Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1997. The principal officer is Bradly E Bakken. It holds total assets of $216K. Annual income is reported at $104K. Total assets have grown from $137K in 2011 to $216K in 2024. 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 2020 to 2024. The foundation primarily funds organizations in Minnesota and Illinois. According to available records, Bakken Galbraith Foundation has made 34 grants totaling $74K, with a median grant of $1K. Annual giving has decreased from $14K in 2021 to $10K in 2023. Grantmaking activity was highest in 2022 with $50K distributed across 18 grants. Individual grants have ranged from $1K to $10K, with an average award of $2K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, Illinois, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 8 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 Galbraith Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in MN, WI, IL.
Bakken Galbraith Foundation has distributed a total of $74K across 34 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $1K to $10K.
Bakken Galbraith Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bakken Galbraith Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley Bakken | PRESIDENT | $0 | $0 | N/A |
| Mary Bakken | VICE-PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$216K
Fair Market Value
N/A
Net Worth
$216K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$74K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
19
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity Lutheran ChurchGENERAL OPERATING | Long Lake, MN | $2K | 2023 |
| Norway HouseGENERAL OPERATING | Minneapolis, MN | $5K | 2021 |
| St Louis Park Sunrise Rotary FdnGENERAL OPERATING | Wayzata, MN | $2K | 2023 |
| U Of Mn - Men'S Trackcross CountryGENERAL OPERATING | Minneapolis, MN | $1K | 2023 |
| Orono Rotary ClubGENERAL OPERATING | Long Lake, MN | $1K | 2023 |
| U Of Mn - Women'S BasketballGENERAL OPERATING | Minneapolis, MN | $1K | 2023 |
| A Breath Of HopeGENERAL OPERATING | Wayzata, MN | $1K | 2023 |
| Children'S Minnesota Fdn - NeonatalGENERAL OPERATING | Edina, MN | $1K | 2023 |
| Rotary International Charitable FdnGENERAL OPERATING | Chicago, IL | $1K | 2023 |
| St Louis Park Emergency ProgramGENERAL OPERATING | St Louis Park, MN | $10K | 2022 |
| Northern Star Scout CouncilGENERAL OPERATING | Fort Snelling, MN | $5K | 2022 |
| University Of Minnesota FoundationGENERAL OPERATING | Minneapolis, MN | $2K | 2022 |
| Sunrise Rotary FoundationGENERAL OPERATING | Westlake Village, CA | $1K | 2022 |
| Children'S Minnesota FdnGENERAL OPERATING | Minneapolis, MN | $1K | 2022 |
| The Rotary FoundationGENERAL OPERATING | Chicago, IL | $2K | 2021 |
| Timber BayGENERAL OPERATING | Medina, MN | $1K | 2021 |
| Westside Guild At ChaGENERAL OPERATING | Minnetonka, MN | $1K | 2021 |
| Rotary Club Of St Louis ParkGENERAL OPERATING | St Louis Park, MN | $1K | 2021 |
| Childrens Hospital FoundationGENERAL OPERATING | Edina, MN | $1K | 2021 |