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Graco Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1958. It holds total assets of $24M. Annual income is reported at $2.6M. Total assets have grown from $5.1M in 2011 to $24.7M in 2023. The foundation is governed by 10 officers and trustees. Tax records are available from 2019 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Graco Foundation has made 2,080 grants totaling $5.4M, with a median grant of $460. Annual giving has grown from $1.3M in 2020 to $1.7M in 2023. Grantmaking activity was highest in 2022 with $2.4M distributed across 1,018 grants. Individual grants have ranged from N/A to $250K, with an average award of $3K. The foundation has supported 907 unique organizations. The foundation primarily supports organizations in Minnesota, Michigan, South Dakota, which account for 60% of all grants. Grantmaking reaches organizations across 41 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$3K
Largest Grant
$150K
Based on 454 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.
Graco Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2,080 grants. Its grantmaking reaches organizations primarily in MN, MI, SD.
Graco Foundation has distributed a total of $5.4M across 2,080 grants. The median grant size is $460, with an average of $3K. Individual grants have ranged from N/A to $250K.
The application deadline is NO DEADLINES. Emphasis will be placed on educational programs, especially stem programs; human service programs promoting workforce development; and youth development. Organizations located in neighborhoods close to graco inc. Facilities and employees' homes are of special interest to the foundation. In order to have the resources to address these focus areas and have a significant impact on grantee organizations, the foundation has a preference for large one-time capacity building grants rather than operating grants. The maximum commitment per capital campaign is $150,000. Additionally, grants within a two-year period are generally not considered.
Graco Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 41 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Sheahan | PRESIDENT | $0 | $0 | N/A |
| Joseph Humke | VICE PRESIDENT | $0 | $0 | N/A |
| Janel W French | TREASURER/ SECRETARY | $0 | $0 | N/A |
| Diane Olson | DIRECTOR | $0 | $0 | N/A |
| David Lowe | DIRECTOR | $0 | $0 | N/A |
| David Ahlers | DIRECTOR (END 04/01/2023) | $0 | $0 | N/A |
| Ronita Banerjee | DIRECTOR (START 07/21/2023) | $0 | $0 | N/A |
| Joseph Daniski | DIRECTOR | $0 | $0 | N/A |
| Jeff Weber | DIRECTOR | $0 | $0 | N/A |
| Dawn Svenkeson-Koubal | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$24.7M
Fair Market Value
$22.4M
Net Worth
$24.7M
Grants Paid
$1.7M
Contributions
N/A
Net Investment Income
$313K
Distribution Amount
$1.1M
Total Grants
2,080
Total Giving
$5.4M
Average Grant
$3K
Median Grant
$460
Unique Recipients
907
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| AccessabilityGENERAL OPERATING SUPPORT | Minneapolis, MN | $80K | 2023 |
| Minnesota Independence CollegeGENERAL OPERATING SUPPORT | Richfield, MN | $250K | 2023 |
| Scholarship AmericaSCHOLARSHIPS | Detroit, MI | $197K | 2023 |
| Alexandria Technical CollegeGENERAL OPERATING SUPPORT | Alexandria, MN | $151K | 2023 |
| East Side Neighborhood ServicesGENERAL OPERATING SUPPORT | Minneapolis, MN | $150K | 2023 |
| Twin Cities RseGENERAL OPERATING SUPPORT | Minneapolis, MN | $95K | 2023 |
| Anoka Technical CollegeGENERAL OPERATING SUPPORT | Anoka, MN | $68K | 2023 |
| St Jude Children'S Research HospGENERAL OPERATING SUPPORT | Memphis, TN | $57K | 2023 |
| Minnesota Private College FundSCHOLARSHIPS | St Paul, SD | $43K | 2023 |
| Achieve Minneapolisstep UpGENERAL OPERATING SUPPORT | Minneapolis, MN | $30K | 2023 |
| University Of Minnesota - Twin CitiesSCHOLARSHIPS | Minneapolis, MN | $20K | 2023 |
| Cristo Rey High SchoolGENERAL OPERATING SUPPORT | Minneapolis, MN | $15K | 2023 |
| Page Education FoundationSCHOLARSHIPS | Minneapolis, MN | $15K | 2023 |
| Dunwoody Pce (Ycap)GENERAL OPERATING SUPPORT | Minneapolis, MN | $15K | 2023 |
| University Of Mn Mechanical EngineeringGENERAL OPERATING SUPPORT | Minneapolis, MN | $15K | 2023 |
| Hearts& HammersGENERAL OPERATING SUPPORT | St Paul, MN | $14K | 2023 |
| First RoboticsGENERAL OPERATING SUPPORT | Machester, NH | $13K | 2023 |
| University Of Minnesota - DuluthSCHOLARSHIPS | Minneapolis, MN | $10K | 2023 |
| University Of Wisconsin - StoutSCHOLARSHIPS | Menomonie, WI | $10K | 2023 |
| Mountainland Technical CollegeSCHOLARSHIPS | Lehi, UT | $10K | 2023 |
| University Of AkronSCHOLARSHIPS | Akron, OH | $10K | 2023 |
| Minneapolis Community & Technical CoSCHOLARSHIPS | Minneapolis, MN | $10K | 2023 |
| Lake Area Technical InstituteSCHOLARSHIPS | Watertown, SD | $10K | 2023 |
| University Of Sioux FallsSCHOLARSHIPS | Sioux Falls, SD | $10K | 2023 |
| Stark State College Of TechnologySCHOLARSHIPS | North Canton, OH | $10K | 2023 |
| Ganon UniversitySCHOLARSHIPS | Erie, PA | $10K | 2023 |
| Washtenaw Community CollegeSCHOLARSHIPS | Ann Arbor, MI | $10K | 2023 |
| South Dakota State UniversitySCHOLARSHIPS | Brookings, SD | $10K | 2023 |
| Dunwoody College Of TechnologySCHOLARSHIPS | Minneapolis, MN | $10K | 2023 |
| Saint Paul CollegeSCHOLARSHIPS | St Paul, MN | $10K | 2023 |
| University Of St ThomasSCHOLARSHIPS | St Paul, MN | $10K | 2023 |
| South Dakota School Of Mines And TechnologySCHOLARSHIPS | Rapid City, SD | $10K | 2023 |
| St Jude Children'S Research HospitalGIFT MATCHING | Memphis, TN | $9K | 2023 |
| Feed My Starving ChildrenGIFT MATCHING | Coon Rapids, MN | $5K | 2023 |
| Powder Coating InstituteSCHOLARSHIPS | Sarasota, FL | $5K | 2023 |
| Manufacturers AllianceGENERAL OPERATING SUPPORT | Golden Valley, MN | $5K | 2023 |
| Bowman Second Chance Thoroughbred AdoptionGIFT MATCHING | Minnetonka, MN | $5K | 2023 |
| Minnesota Basset RescueGIFT MATCHING | St Paul, MN | $5K | 2023 |
| Hearts And Hammers Twin CitiesDOLLARS FOR DOERS | St Paul, MN | $4K | 2023 |
| Second Harvest HeartlandGIFT MATCHING | Brooklyn Pakr, MN | $3K | 2023 |
| South Summit Mountain Bike Education FoundationDOLLARS FOR DOERS | Kamas, UT | $3K | 2023 |
| The Church Of St AndrewGIFT MATCHING | Elk River, MN | $3K | 2023 |
| YouthlincGIFT MATCHING | Salt Lake Cty, UT | $3K | 2023 |
| Options For WomencornerstoneGIFT MATCHING | Saint Michael, MN | $3K | 2023 |
| Aga Khan Foundation UsaGIFT MATCHING | Washington, DC | $3K | 2023 |
| Rogers Youth Hockey Association IncorporatedGIFT MATCHING | Rogers, MN | $3K | 2023 |
| Westside Christian School IncGIFT MATCHING | Sioux Falls, SD | $3K | 2023 |
| The Portage FoundationGIFT MATCHING | Kent, OH | $3K | 2023 |