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Better Way Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1988. The principal officer is Adler Management L L C. It holds total assets of $68.2M. Annual income is reported at $1.5M. Total assets have grown from $18.7M in 2011 to $68.2M in 2024. The foundation is governed by 11 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Better Way Foundation has made 147 grants totaling $5.7M, with a median grant of $15K. Annual giving has grown from $2.4M in 2020 to $3.3M in 2022. Individual grants have ranged from $5K to $200K, with an average award of $39K. The foundation has supported 58 unique organizations. The foundation primarily supports organizations in Minnesota, New Mexico, South Dakota, which account for 35% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$55K
Largest Grant
$182K
Based on 41 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.
Better Way Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 147 grants. Its grantmaking reaches organizations primarily in MN, NM, SD.
Better Way Foundation has distributed a total of $5.7M across 147 grants. The median grant size is $15K, with an average of $39K. Individual grants have ranged from $5K to $200K.
Better Way Foundation typically selects its grantees rather than accepting unsolicited proposals.
Better Way Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas Banovetz | Vice President | $183K | $44K | $227K |
| Kristen Grubb | Tax Officer | $12K | $2K | $15K |
| Stephanie Russell | Treasurer | $0 | $0 | N/A |
| Patrice Kunesh 1123-3823 | Director | $0 | $0 | N/A |
| Janine Geske | Secretary/Vice Chair | $0 | $0 | N/A |
| Karen Rauenhorst | President/Chair | $0 | $0 | N/A |
| Cary Buzzelli | Director | $0 | $0 | N/A |
| Cindy Hughes | Director | $0 | $0 | N/A |
| Judy Rauenhorst Doerr | Director | $0 | $0 | N/A |
| Shamsia Ramadhan | Director | $0 | $0 | N/A |
| Tarajean Yazzie-Mintz | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$68.2M
Fair Market Value
N/A
Net Worth
$66.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
147
Total Giving
$5.7M
Average Grant
$39K
Median Grant
$15K
Unique Recipients
58
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mama'S Hope Organization For Legal AssistanceStand and Speak for the Rights of Children in Kagera - Phase II | Kagera | $106K | 2022 |
| Tumaini LetuWekeza kwa Mtoto Mdogo - Invest in Young Children Phase II | Bukoba | $105K | 2022 |
| Montessori American Indian Childcare CenterContinuity, Growth & Vision | St Paul, MN | $100K | 2022 |
| Keres Children'S Learning CenterIndigenous Motessori Institute Strategic Growth Phase | Cochiti Pueblo, NM | $100K | 2022 |
| Children In Crossfire TanzaniaBuilding the Capacity and Leadership of TECDEN | Dar Es Salaam | $100K | 2022 |
| Wicoie NandagikendanGrowing Wicoie Nandagikendans Capacity for Continued Growth | Minneapolis, MN | $100K | 2022 |
| Tanzania Home Economics AssociationExpanding ECD Services Through Community-Based Organizations | Mwanza | $100K | 2022 |
| Comanche Language And Cultural Preservation CommitteeBuilding the Capacity of CLCPC | Lawton, OK | $100K | 2022 |
| Oglala Lakota CollegeLakota Language & Culture Programs (Transition Grant) | Kyle, SD | $100K | 2022 |
| Thunder Valley Community Development CorporationOwayawa Cik'ala - Lakota Immersion Montessori Project | Porcupine, SD | $100K | 2022 |
| Naca-Inspired Schools NetworkGrowing Together for Indigenous Early Childhood Education | Albuquerque, NM | $100K | 2022 |
| Lower Sioux Indian CommunityProgram & Sustainability Planning Support | Morton, MN | $65K | 2022 |
| Red Cloud Indian SchoolTruth and Healing Project | Pine Ridge, NE | $60K | 2022 |
| Hearts GatheredExpanding IECD Services for Children Ages 0-3 | Omak, WA | $55K | 2022 |
| St Mary'S Mission SchoolCounseling Program 2022-2023 | Red Lake, MN | $30K | 2022 |
| St Joseph Mission SchoolKindergarten and STEM Program Support 2022-2023 | San Fidel, NM | $30K | 2022 |
| St Augustine Indian Mission SchoolSt. Augustine Blended Learning Initiative 2022-2023 | Winnebago, NE | $30K | 2022 |
| San Carlos Apache Catholic Community St Charles SchoolTeach Them Apache Language Program 2022-2023 | San Carlos, AZ | $30K | 2022 |
| De La Salle Blackfeet SchoolSpecial Projects Initiative 2022-2023 | Browning, MT | $30K | 2022 |
| St Michael Indian SchoolNavajo Nation Junior Achievement Program | Saint Michaels, AZ | $30K | 2022 |
| Teamlift IncScholarships | Portland, OR | $15K | 2022 |
| Financial Beginnings OregonGeneral Operations | Portland, OR | $15K | 2022 |
| Archdiocese Of Saint Paul And MinneapolisPrograms for healing related to the American Indian Boarding School era | St Paul, MN | $15K | 2022 |
| Saint Clare'S Tahoe A Mountain Montessori SchoolGeneral Operations | Tahoe Vista, CA | $15K | 2022 |
| Our Lady Of Grace SchoolGeneral Operations | Edina, MN | $15K | 2022 |
| Zaman International (Hope For Humanity)B.O.O.S.T. Vocational and Literacy Training Program | Inkster, MI | $15K | 2022 |