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Gage Family Foundation is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 2007. The principal officer is Tonkawa Inc.. It holds total assets of $609K. Annual income is reported at $167K. The foundation is governed by 3 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 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Gage Family Foundation has made 76 grants totaling $916K, with a median grant of $10K. Annual giving has decreased from $343K in 2021 to $118K in 2023. Grantmaking activity was highest in 2022 with $456K distributed across 36 grants. Individual grants have ranged from N/A to $123K, with an average award of $12K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Minnesota, Illinois, Ohio, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$331
Median Grant
$10K
Average Grant
$15K
Largest Grant
$125K
Based on 24 grants from the most recent 990-PF filing.
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.
Gage Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 76 grants. Its grantmaking reaches organizations primarily in MN, IL, OH.
Gage Family Foundation has distributed a total of $916K across 76 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from N/A to $123K.
Gage Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gage Family Foundation is headquartered in MINNETONKA, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christine C Gage | TRUSTEE | $0 | $0 | N/A |
| C David Nelson | TRUSTEE, SECRETARY | $0 | $0 | N/A |
| Barbara C Gage | TRUSTEE, PRESIDENT | $0 | $0 | N/A |
Total Giving
$119K
Total Assets
$515K
Fair Market Value
$515K
Net Worth
$515K
Grants Paid
$118K
Contributions
$58K
Net Investment Income
$14K
Distribution Amount
$26K
Total Grants
76
Total Giving
$916K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
24
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Augsburg UniversityGage Center for Student Success and marketing efforts for StepUP Program | Minneapolis, MN | $40K | 2023 |
| Greater Twin Cities United Way2022 Community Giving Campaign | Minneapolis, MN | $25K | 2023 |
| Hennepin Avenue United Methodist Church2023 Annual Support | Minneapolis, MN | $17K | 2023 |
| Innercity Tennis Foundation2023 Gala | Minneapolis, MN | $10K | 2023 |
| Minnesota Snap2023 Furry Tail Ball | Minneapolis, MN | $5K | 2023 |
| Pacer CenterGENERAL OPERATING SUPPORT | Minneapolis, MN | $3K | 2023 |
| University Of Minnesota FoundationGeneral Operating Support | Minneapolis, MN | $1K | 2023 |
| Hammer Residences IncGeneral Operating Support | Wayzata, MN | $100 | 2023 |
| Minnesota Orchestral AssociationGeneral Operating Support | Minneapolis, MN | $100 | 2023 |
| St Croix Valley FoundationGeneral Operating Support | Hudson, WI | $100 | 2023 |
| Shakopee Women'S Correctional FacilityGeneral Operating Support | Shakopee, MN | $100 | 2023 |
| Hospitality House Youth DevelopmentGENERAL OPERATIONS | Minneapolis, MN | $20K | 2022 |
| Urban Ventures Leadership FoundationGENERAL OPERATING SUPPORT | Minneapolis, MN | $13K | 2022 |
| Usta NorthernGENERAL OPERATING SUPPORT | Eagan, MN | $10K | 2022 |
| Women'S Foundation Of MinnesotaGENERAL OPERATING SUPPORT | Minneapolis, MN | $10K | 2022 |
| Breck SchoolGENERAL OPERATING SUPPORT | Minneapolis, MN | $2K | 2022 |
| Phi Delta Theta FoundationGENERAL OPERATING SUPPORT | Oxford, OH | $2K | 2022 |
| Childhood UsaGENERAL OPERATING FUND FOR YOUTH LINK | New York, NY | $1K | 2022 |
| National Alliance On Mental Illness Of MinnesotaMemorial gift in memory of Jennifer Lynn Groat | Saint Paul, MN | $100 | 2022 |