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Foundation 94 is a private trust based in AVON, MN. The foundation received its IRS ruling in 2022. The principal officer is % Attn Christine J Schmidt. It holds total assets of $16.6M. Annual income is reported at $8.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Foundation 94 has made 17 grants totaling $2.1M, with a median grant of $100K. Annual giving has grown from $100K in 2021 to $665K in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 10 grants. Individual grants have ranged from $10K to $400K, with an average award of $125K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Foundation 94 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MN.
Foundation 94 has distributed a total of $2.1M across 17 grants. The median grant size is $100K, with an average of $125K. Individual grants have ranged from $10K to $400K.
Foundation 94 typically selects its grantees rather than accepting unsolicited proposals.
Foundation 94 is headquartered in AVON, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Trust Point Inc | AGENT | $32K | $0 | $32K |
| Angelena J Blattner | DIRECTOR | $0 | $0 | $0 |
| Henry J Blattner | DIRECTOR | $0 | $0 | $0 |
Total Giving
$736K
Total Assets
$18M
Fair Market Value
$17.4M
Net Worth
$18M
Grants Paid
$665K
Contributions
$0
Net Investment Income
$420K
Distribution Amount
$836K
Total Grants
17
Total Giving
$2.1M
Average Grant
$125K
Median Grant
$100K
Unique Recipients
8
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of St ThomasEDUCATION | St Paul, MN | $400K | 2023 |
| Brainerd Lakes Area Community FoundationHUMANITARIAN | Lake Shore, MN | $101K | 2023 |
| St Cloud State University FoundationHERB BROOKS FUND | St Cloud, MN | $100K | 2023 |
| Legacy Fishing RetreatHUMANITARIAN | Rogers, MN | $30K | 2023 |
| Phases Family SupportHUMANITARIAN | Avon, MN | $20K | 2023 |
| River Of Life ChurchMINISTRY | Cold Spring, MN | $14K | 2023 |
| City Of RichmondHUMANITARIAN | Richmond, MN | $148K | 2022 |
| River Lakes Blue Line ClubBOYS AND GIRLS HOCKEY | Richmond, MN | $10K | 2022 |
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