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David C & Margaret F Prosser Foundation is a private corporation based in NEW BRIGHTON, MN. The foundation received its IRS ruling in 1998. It holds total assets of $84K. Annual income is reported at $21K. Total assets have decreased from $506K in 2011 to $92K in 2023. The foundation is governed by 1 officer or trustee. 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. According to available records, David C & Margaret F Prosser Foundation has made 4 grants totaling $136K, with a median grant of $26K. Annual giving has grown from $18K in 2020 to $66K in 2023. Individual grants have ranged from $18K to $66K, with an average award of $34K. 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.
David C & Margaret F Prosser Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
David C & Margaret F Prosser Foundation has distributed a total of $136K across 4 grants. The median grant size is $26K, with an average of $34K. Individual grants have ranged from $18K to $66K.
David C & Margaret F Prosser Foundation typically selects its grantees rather than accepting unsolicited proposals.
David C & Margaret F Prosser Foundation is headquartered in NEW BRIGHTON, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pamela Prosser | PRESIDENT | $0 | $0 | N/A |
Total Giving
$70K
Total Assets
$92K
Fair Market Value
$95K
Net Worth
$53K
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$6K
Total: $69K
Total Grants
4
Total Giving
$136K
Average Grant
$34K
Median Grant
$26K
Unique Recipients
1
Most Common Grant
$26K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haiti OutreachGENERAL | Hopkins, MN | $66K | 2023 |