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Donaldson Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1966. The principal officer is Sarah Swenson. It holds total assets of $9.2M. Annual income is reported at $4.4M. Total assets have grown from $3.8M in 2010 to $9.2M in 2024. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2024. Funding is distributed across 17 states, including Bloomington / Minneapolis-St. Paul, MN, Anderson, IN, Auburn, AL. According to available records, Donaldson Foundation has made 263 grants totaling $7.3M, with a median grant of $18K. Annual giving has grown from $1.2M in 2020 to $2.5M in 2024. Individual grants have ranged from $150 to $250K, with an average award of $28K. The foundation has supported 143 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, Iowa, which account for 89% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
The Donaldson Foundation is a corporate foundation funded by Donaldson Company, Inc. (NYSE: DCI), a Fortune 500 filtration-technology manufacturer headquartered in Bloomington, Minnesota. Founded in 1966 and governed by a volunteer board of Donaldson employees, the Foundation channels roughly $1.35 million in charitable giving each year almost exclusively toward education. The strategic key for applicants is geographic proximity: funding is reserved for education-focused 501(c)(3) organizations located in the communities where Donaldson maintains a significant employee presence — Minneapolis-St. Paul plus 16 named U.S. manufacturing/operations towns. An applicant outside these communities is effectively ineligible, so the first qualifying question is always "are we in a Donaldson town?" Within eligible areas, the Foundation favors impactful, programmatic work (STEM, skilled trades, post-secondary readiness) over general operating support and prioritizes degree of need for those served. Aligning a proposal with workforce-relevant education themes that echo Donaldson's manufacturing and engineering identity meaningfully strengthens fit.
Organizational grants average $5,000 to $20,000, and more than half of the Foundation's annual giving goes to these organizational grants (the remainder funding employee-dependent scholarships and matching gifts to educational institutions). With ~$1.35M deployed annually against $9.15M in assets, the Foundation operates at an unusually high payout-to-asset ratio (~15%), which is characteristic of a corporate foundation that is replenished by ongoing company contributions rather than relying solely on endowment returns. This means grant capacity is tied to corporate performance more than to a fixed endowment. Funding flows on a strict twice-yearly cadence (January 31 and July 31 disbursements). The scholarship arm, run by Scholarship America, awards $4,000-$6,000 per year and has supported 2,400+ students since 1981 — a multi-decade commitment signaling durable, predictable giving. Recipients must hold IRS 501(c)(3) status and must submit the Minnesota Common Grant Application, a standardization that lets the volunteer board compare requests efficiently.
The Donaldson Foundation is a small-to-mid-size corporate education foundation. Its ~15% effective payout dwarfs the ~5% IRS minimum typical of endowment-driven private foundations, reflecting its corporate-funded model. The table below positions it against comparable Minnesota corporate and family foundations focused on education:
| Foundation | Assets | Annual Giving | Typical Grant | Geographic Focus | Primary Focus |
|---|---|---|---|---|---|
| Donaldson Foundation | $9.2M | ~$1.35M | $5K-$20K | MN + 16 Donaldson towns | Education |
| Ecolab Foundation | $25M+ | ~$23M | $5K-$50K | Company communities | Education, basic needs |
| Tennant Foundation | $4M+ | ~$1M | $5K-$25K | MN + facility towns | Education, environment |
| Toro Foundation | $10M+ | ~$2M | $5K-$30K | MN + operations sites | Education, community |
Compared with peers, Donaldson is tightly single-themed (education only) and more geographically restrictive than broader corporate funders like Ecolab. Applicants who fit the education-plus-Donaldson-community profile face less competition from non-education causes, but the narrow eligibility footprint is the binding constraint.
The Foundation continues to grant approximately $1.35 million annually across its two funding cycles. A recently highlighted award went to Elmwood School in Wisconsin to help replace welding equipment in the school's metals lab — a concrete example of the Foundation's tilt toward hands-on, skilled-trades and STEM education that mirrors Donaldson's manufacturing roots. The 2025-26 scholarship cycle is active, administered by Scholarship America, with current brochures and financial FAQs published on the Donaldson site. The eligible-community list and twice-yearly deadline structure (August 1 and January 10) remain in effect for the current grant year. As a corporate foundation tied to a publicly traded parent, giving capacity tracks Donaldson Company's ongoing contributions rather than market-driven endowment swings.
1) Confirm eligibility first: your organization must be an education-focused 501(c)(3) physically located in Bloomington/Minneapolis-St. Paul or one of the 16 named Donaldson communities (e.g., Auburn AL, Durham NC, Greeneville TN, Nicholasville KY, several Indiana and Missouri towns). If you are not in a Donaldson town, do not apply. 2) Use the required Minnesota Common Grant Application Form (downloadable .doc) and attach proof of 501(c)(3) status — incomplete packets are not reviewed. 3) Frame requests around specific, impactful programs (equipment, STEM/skilled-trades initiatives, scholarships, college-readiness) rather than general operating support, which the Foundation deprioritizes. 4) Emphasize degree of need and measurable educational impact for those served. 5) Time your submission to a cycle: August 1 for funding by January 31, or January 10 for funding by July 31; late proposals roll to the next cycle. 6) Submit by email to donaldsonfoundation@donaldson.com (or by mail to PO Box 1299, MS 100, Minneapolis, MN 55440). 7) Tie your mission to workforce-relevant education themes that resonate with Donaldson's engineering/manufacturing identity to strengthen fit.
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See Attached
Grants to education-focused 501(c)(3) organizations in Donaldson communities. Awards average $5,000 to $20,000. More than half of the Foundation's funding supports organizational grants.
Scholarships for dependent children of U.S. Donaldson employees, administered by Scholarship America. Awards range from $4,000 to $6,000 per year of full-time study, renewable for up to three additional years. Over 2,400 students assisted since 1981.
Matching grants to educational institutions to amplify employee and Foundation giving toward education.
Organizational grants average $5,000 to $20,000, and more than half of the Foundation's annual giving goes to these organizational grants (the remainder funding employee-dependent scholarships and matching gifts to educational institutions). With ~$1.35M deployed annually against $9.15M in assets, the Foundation operates at an unusually high payout-to-asset ratio (~15%), which is characteristic of a corporate foundation that is replenished by ongoing company contributions rather than relying sol.
Donaldson Foundation has distributed a total of $7.3M across 263 grants. The median grant size is $18K, with an average of $28K. Individual grants have ranged from $150 to $250K.
The Donaldson Foundation is a corporate foundation funded by Donaldson Company, Inc. (NYSE: DCI), a Fortune 500 filtration-technology manufacturer headquartered in Bloomington, Minnesota. Founded in 1966 and governed by a volunteer board of Donaldson employees, the Foundation channels roughly $1.35 million in charitable giving each year almost exclusively toward education. The strategic key for applicants is geographic proximity: funding is reserved for education-focused 501(c)(3) organizations .
Donaldson Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lori Schmidt | President | $0 | $0 | N/A |
| David Green | Treasurer | $0 | $0 | N/A |
| Mark Chamberlain | Secretary | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$9.2M
Fair Market Value
$9.2M
Net Worth
$9.2M
Grants Paid
$1.3M
Contributions
$4M
Net Investment Income
$362K
Distribution Amount
$444K
Total Grants
263
Total Giving
$7.3M
Average Grant
$28K
Median Grant
$18K
Unique Recipients
143
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Twin Cities United Waygeneral support | Minneapolis, MN | $230K | 2024 |
| Special OlympicsContribution provided | St Paul, MN | $150K | 2024 |
| Scholarship AmericaEducational scholarships | Minneapolis, MN | $135K | 2024 |
| Boys Girls Clubs TCContribution provided | St Paul, MN | $100K | 2024 |
| Donorschoosegeneral support | Philadelphia, PA | $100K | 2024 |
| Science Museum Of Mngeneral support | St Paul, MN | $50K | 2024 |
| College Possiblegeneral support | St Paul, MN | $35K | 2024 |
| PACER Center IncContribution provided | Bloomington, MN | $30K | 2024 |
| Pacer Centergeneral support | Minneapolis, MN | $30K | 2024 |
| Normandale Community College FoundationContribution provided | Bloomington, MN | $30K | 2024 |
| United Way of Clinton Countygeneral support | Clinton, IA | $29K | 2024 |
| United Way Of Portage Countygeneral support | Stevens Point, WI | $28K | 2024 |
| Greene Local Education Advancement FoundationContribution provided | Greeneville, TN | $28K | 2024 |
| Normandale Comm Collegegeneral support | Bloomington, MN | $26K | 2024 |
| Jr Achieve East Iowageneral support | Cedar Rapids, IA | $25K | 2024 |
| The Works Museumgeneral support | Bloomington, MN | $25K | 2024 |
| 360 Communitiesgeneral support | Burnsville, MN | $25K | 2024 |
| Dunwoody College of Technologygeneral support | Minneapolis, MN | $25K | 2024 |
| The WorksContribution provided | Bloomington, MN | $25K | 2024 |
| Wallin Education PartnersContribution provided | St Paul, MN | $23K | 2024 |
| Big Brothers Big Sisters of the Greater Twin CitiesContribution provided | Minneapolis, MN | $23K | 2024 |
| Girl Scouts Of Wi And Mngeneral support | St Paul, MN | $20K | 2024 |
| Big Brothers Big Sisters Of Greatergeneral support | Minneapolis, MN | $20K | 2024 |
| Volunteers Of America Of Minnesotageneral support | Minneapolis, MN | $20K | 2024 |
| Junior Achievement Northgeneral support | St Paul, MN | $20K | 2024 |
| Dixon Public Schoolsgeneral support | Dixon, IL | $20K | 2024 |
| Rock Falls Esd 13general support | Rock Falls, IL | $20K | 2024 |
| Emerge Community Developmentgeneral support | Minneapolis, MN | $20K | 2024 |
| Cristo Rey High School TCgeneral support | Minneapolis, MN | $20K | 2024 |
| JA NorthContribution provided | St Paul, MN | $20K | 2024 |
| Minnesota Independence College and Community MICCContribution provided | Ritchfield, MN | $20K | 2024 |
| YWCA of MinneapolisContribution provided | Minneapolis, MN | $20K | 2024 |
| Dress for Success Twin CitiesContribution provided | St Paul, MN | $20K | 2024 |
| Jessamine Early Learning Villagegeneral support | Nicholasville, KY | $18K | 2024 |
| Ivy Tech Foundationgeneral support | Indianapolis, IN | $18K | 2024 |
| Girls Who CodeContribution provided | New York, NY | $18K | 2024 |
| Matching GiftsMatching employee donations | Minneapolis, MN | $16K | 2024 |
| Urban Venturesgeneral support | Minneapolis, MN | $15K | 2024 |
| Banyan Communitygeneral support | Minneapolis, MN | $15K | 2024 |
| BestPrepgeneral support | Minneapolis, MN | $15K | 2024 |