Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
First Minnesota Foundation Inc. is a private corporation based in MILACA, MN. The foundation received its IRS ruling in 1954. It holds total assets of $11K. Annual income is reported at $31K. The foundation is governed by 3 officers and trustees. Contributions to community churches and religious schools. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, First Minnesota Foundation Inc. has made 69 grants totaling $44K, with a median grant of $400. Annual giving has decreased from $30K in 2022 to $15K in 2023. Individual grants have ranged from $400 to $6K, with an average award of $643.478. The foundation has supported 22 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$400
Median Grant
$400
Average Grant
$643
Largest Grant
$6K
Based on 23 grants from the most recent 990-PF filing.
Contributions to community churches and religious schools
Expenses: $15K
Local food pantry
Expenses: $8K
Dollywood foundation
Expenses: $6K
Local public school activities
Expenses: $2K
Contributions to community churches and religious schools. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in MN.
First Minnesota Foundation Inc. has distributed a total of $44K across 69 grants. The median grant size is $400, with an average of $643.478. Individual grants have ranged from $400 to $6K.
First Minnesota Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
First Minnesota Foundation Inc. is headquartered in MILACA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Jedlicki | DIRECTOR | $0 | $0 | N/A |
| Brett Freese | DIRECTOR | $0 | $0 | N/A |
| Andrew Allen | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$10K
Fair Market Value
$10K
Net Worth
$10K
Grants Paid
$28K
Contributions
$28K
Net Investment Income
N/A
Distribution Amount
$686
Total Grants
69
Total Giving
$44K
Average Grant
$643.478
Median Grant
$400
Unique Recipients
22
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity Lutheran ChurchGENERAL USE | Milaca, MN | $400 | 2023 |
| First Baptist ChurchGENERAL USE | Milaca, MN | $400 | 2023 |
| Christian MissionaryGENERAL USE | Milaca, MN | $400 | 2023 |
| Community ChristianGENERAL USE | Pease, MN | $400 | 2023 |
| Milaca Food PantryFOOD | Milaca, MN | $6K | 2023 |
| Zion Lutheran ChurchGENERAL USE | Milaca, MN | $400 | 2023 |
| Faith Lutheran ChurchGENERAL USE | Isle, MN | $400 | 2023 |
| Sacred Heart CatholicGENERAL USE | Wahkon, MN | $400 | 2023 |
| Opstead Baptist ChurchGENERAL USE | Isle, MN | $400 | 2023 |
| St Marys ChurchGENERAL USE | Milaca, MN | $400 | 2023 |
| St Pauls Lutheran ChurcGENERAL USE | Milaca, MN | $400 | 2023 |
| Estes Brook EvangelicalGENERAL USE | Foley, MN | $400 | 2023 |
| Christian Reformed ChurGENERAL USE | Pease, MN | $400 | 2023 |
| Wahkon PresbyterianGENERAL USE | Wahkon, MN | $400 | 2023 |
| Malmo Free ChurchGENERAL USE | Isle, MN | $400 | 2023 |
| Isle Evangelic FreeGENERAL USE | Isle, MN | $400 | 2023 |
| Faith Christian SchoolGENERAL USE | Foreston, MN | $400 | 2023 |
| Milaca United MethodistGENERAL USE | Milaca, MN | $400 | 2023 |
| Evangelical Free ChruchGENERAL USE | Milaca, MN | $400 | 2023 |
| St Louis CatholicGENERAL USE | Foreston, MN | $400 | 2023 |
| Emanuel Lutheran ChurchGENERAL USE | Bock, MN | $400 | 2023 |
| Lighthouse FellowshipGENERAL USE | Milaca, MN | $400 | 2023 |