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Bumgarner Family Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2002. The principal officer is John T Bumgarner. It holds total assets of $3.1M. Annual income is reported at $414K. Total assets have grown from $2.3M in 2011 to $3.1M in 2024. The foundation is governed by 5 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. According to available records, Bumgarner Family Foundation has made 8 grants totaling $380K, with a median grant of $43K. Annual giving has decreased from $120K in 2021 to $90K in 2023. Grantmaking activity was highest in 2022 with $170K distributed across 4 grants. Individual grants have ranged from $10K to $100K, with an average award of $48K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
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.
Bumgarner Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MN.
Bumgarner Family Foundation has distributed a total of $380K across 8 grants. The median grant size is $43K, with an average of $48K. Individual grants have ranged from $10K to $100K.
Bumgarner Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bumgarner Family Foundation is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mariesa Ryan | DIRECTOR | $0 | $0 | N/A |
| Terry L Bumgarner | SECRETARY | $0 | $0 | N/A |
| John L Nelson | ASSISTANT TR | $0 | $0 | N/A |
| Carrie L Bumgarner Mcleod | DIRECTOR | $0 | $0 | N/A |
| John T Bumgarner | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.1M
Fair Market Value
N/A
Net Worth
$3.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$380K
Average Grant
$48K
Median Grant
$43K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Minneapolis FoundationB THE CHANGE | Minneapolis, MN | $90K | 2023 |
| RumcVEAP | Richfield, MN | $10K | 2022 |
| GracfSCHOLARSHIP FUND, DEER RIVER COMM. | Grand Rapids, MN | $100K | 2021 |
| VeapGENERAL USE OF CHARITY | Bloomington, MN | $10K | 2021 |
| Richfield Historical SocietyGENERAL USE OF CHARITY | Richfield, MN | $10K | 2021 |