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Best Buy Foundation is a private corporation based in RICHFIELD, MN. The foundation received its IRS ruling in 1995. The principal officer is % Mat Watson. It holds total assets of $59.2M. Annual income is reported at $22.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Best Buy Foundation has made 2 grants totaling $19.6M, with a median grant of $9.8M. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Best Buy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MN.
Best Buy Foundation has distributed a total of $19.6M across 2 grants. The median grant size is $9.8M, with an average of $9.8M. Individual grants have ranged from $9.8M to $9.8M.
The application deadline is Please see attached Statement 5a. Please see attached Statement 5a.
Best Buy Foundation is headquartered in RICHFIELD, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| See Attached Statement 4a | President | $0 | $0 | $0 |
Total Giving
$19.8M
Total Assets
$61M
Fair Market Value
$61M
Net Worth
$60.6M
Grants Paid
$13.5M
Contributions
$19.4M
Net Investment Income
$2.9M
Distribution Amount
$2.7M
Total Grants
2
Total Giving
$19.6M
Average Grant
$9.8M
Median Grant
$9.8M
Unique Recipients
1
Most Common Grant
$9.8M
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Statement 3aSupporting communitiies | Richfield, MN | $9.8M | 2022 |
Other foundations that have funded Best Buy Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Joly Family Foundation | $50K | 2023 | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP RE: BROOKLYN PUBLIC LIBRARY |
| William & Gayle Chorske Family Foundation Ltd | $500 | 2023 | ORGANIZATION SUPPORT |
| Assurant Foundation | $57K | 2022 | Financial Assistance |
| Joly Family Foundation | $48K | 2022 | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP RE: NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATION, GRAND CONCOURSE, FOR CONTRUCTION / FURNITURE / TECHNOLOGY |
| Joly Family Foundation | $48K | 2022 | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP RE: NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATION, GRAND CONCOURSE, FOR CONTRUCTION / FURNITURE / TECHNOLOGY |
| Gladstone Tipton Foundation | $8K | 2022 | Charity |
| Gladstone Tipton Foundation | $8K | 2022 | Charity |
| Robins Kaplan Foundation | $5K | 2022 | GENERAL OPERATING SUPPORT |
| Robins Kaplan Foundation | $5K | 2022 | GENERAL OPERATING SUPPORT |
| Whirlpool Foundation | $250K | 2021 | Stratgeic Grant |
| Assurant Foundation | $35K | 2021 | Financial Assistance |
| The Richard M Schulze Family Foundation | $4M | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $80K | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $80K | 2020 | EDUCATION |
| The Richard M Schulze Family Foundation | $75K | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $65K | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $50K | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $30K | 2020 | HUMAN SERVICES |
| The Richard M Schulze Family Foundation | $25K | 2020 | HUMAN SERVICES |
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