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Granite Foundation is a private corporation based in MENDOTA HTS, MN. The foundation received its IRS ruling in 2002. The principal officer is Diane L Madden. It holds total assets of $16.6M. Annual income is reported at $3.5M. Total assets have grown from $7.4M in 2011 to $14.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Granite Foundation has made 210 grants totaling $1.1M, with a median grant of $1K. The foundation has distributed between $497K and $584K annually from 2021 to 2022. Individual grants have ranged from N/A to $67K, with an average award of $5K. The foundation has supported 185 unique organizations. The foundation primarily supports organizations in Minnesota, California, Washington, which account for 37% of all grants. Grantmaking reaches organizations across 25 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Granite Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 210 grants. Its grantmaking reaches organizations primarily in MN, CA, WA.
Granite Foundation has distributed a total of $1.1M across 210 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from N/A to $67K.
Granite Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (260010320) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Granite Foundation is headquartered in MENDOTA HTS, MN. While based in MN, the foundation distributes grants to organizations across 25 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diane Madden | PRESIDENT | $0 | $0 | N/A |
| Timothy Madden | VICE PRESIDENT | $0 | $0 | N/A |
| Paul C Smith | SECRETARY/TREASURER | $0 | $0 | N/A |
| Michaela Madden | DIRECTOR | $0 | $0 | N/A |
| Mallory L Madden | DIRECTOR | $0 | $0 | N/A |
| Francis T Madden | DIRECTOR | $0 | $0 | N/A |
Total Giving
$824K
Total Assets
$14.7M
Fair Market Value
$18.3M
Net Worth
$14.7M
Grants Paid
$619K
Contributions
$1.7M
Net Investment Income
$717K
Distribution Amount
$788K
Total: $6.2M
Total Grants
210
Total Giving
$1.1M
Average Grant
$5K
Median Grant
$1K
Unique Recipients
185
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Next EdisonDOINATION | Long Lake, MN | $25K | 2022 |
| Gift Of LifeDONATION | Huntington, IN | $4K | 2022 |
| Jdrf MinnesotadakotasDONATION | Bloomington, MN | $67K | 2022 |
| Hope IncFUNDRAISER DONATION | Moorhead, MN | $53K | 2022 |
| Mother AfricaDONATION | Kent, WA | $50K | 2022 |
| University Of Notre DameDONATION | Notre Dame, IN | $40K | 2022 |
| Dallas Safari ClubFOUNDATION DONATION | Dallas, TX | $30K | 2022 |
| St Paul Festival & Heritage FoundationDONATION | St Paul, MN | $27K | 2022 |
| Myriam RuizGRANT | St Paul, MN | $25K | 2022 |
| Tilly'S Life CenterFUNDRAISER DONATION | Irvine, CA | $24K | 2022 |
| Musicians On CallDONATION | Nashville, TN | $13K | 2022 |
| Mn State Fair FoundationDONATION | St Paul, MN | $12K | 2022 |
| Dodge Nature CenterDONATION | St Paul, MN | $10K | 2022 |
| Mn SciDONATION | Burnsville, MN | $10K | 2022 |
| Safari Club InternationalDONATION | Tuscon, AZ | $9K | 2022 |
| Starlight Children'S FoundationFUNDRAISER DONATION | Culver City, CA | $9K | 2022 |
| Why HungerDONATION | New York, NY | $9K | 2022 |
| The GothamDONATION | Brooklyn, NY | $8K | 2022 |
| Jackie VeithHARDSHIP | Florence, KY | $5K | 2022 |
| Anthony LoffmanHARDSHIP | Florence, KY | $5K | 2022 |
| Keystone PartnershipDONATION | Harrisburg, PA | $5K | 2022 |
| Rondo Center Of Diverse ExpressionDONATION | St Paul, MN | $5K | 2022 |
| Neighborhood GreeningDONATION | Mendota Heights, MN | $5K | 2022 |
| Armed Services Ymca Lawtonft SillDONATION | Lawton, OK | $5K | 2022 |
| Josh MullinsHARDSHIP | Vicco, KY | $5K | 2022 |
| Hope AcademySCHOLARSHIP | Minneapolis, MN | $4K | 2022 |
| Vt GoldensFUNERAL EXPENSE | Salem, OR | $4K | 2022 |
| Freddie CollinsHARDSHIP | Hazard, KY | $4K | 2022 |
| Inspiring Children FoundationDONATION | Henderson, NV | $3K | 2022 |
| Northcutt & Sons Home For FuneralsHARDSHIP | Morehead, KY | $3K | 2022 |
| Tapemark Charity Pro AmDONATION | West St Paul, MN | $3K | 2022 |
| Teresa MullinsHARDSHIP | Kite, KY | $3K | 2022 |
| Jesuit Retreat HouseDONATION | Lake Elmo, MN | $3K | 2022 |
| Wounded Warrior ProjectDONATION | Jacksonville, FL | $3K | 2022 |
| Foundation For Prader Willi ResearchDONATION | Covina, CA | $3K | 2022 |
| Gabrielle'S Angel FoundationFUNDRAISER DONATION | New York, NY | $3K | 2022 |
| Imperial Order Of Fire And Brimstone LtdDONATION | South St Paul, MN | $3K | 2022 |
| Autumn FletcherHARDSHIP | Eastern Branch, KY | $3K | 2022 |
| West River Dental CareDONATION | Minneapolis, MN | $3K | 2022 |
| Community Of Saints Regional Catholic SchoolDONATION | St Paul, MN | $3K | 2022 |
| Champion Club ApartmentsRENT GRANT | Florence, KY | $2K | 2022 |
| Theatre Development FundDONATION | New York City, NY | $2K | 2022 |
| Wilder FoundatonDONATION | St Paul, MN | $2K | 2022 |
| National Tennis FoundationDONATION | Atlanta, GA | $2K | 2022 |
| The Thorn Tree ProjectDONATION | New York City, NY | $2K | 2022 |
| Merrick IncDONATION FOR CASE SEALER | Vadnais Heights, MN | $2K | 2022 |
| Brittany CaudillHARDSHIP | Hueysville, KY | $2K | 2022 |
| Kerr Brothers Funeral HomeDONATION | Lexinton, KY | $2K | 2022 |
| Perfect Golf EventDONATION | Jacksonville, FL | $2K | 2022 |
| Art IgniteDONATION | New York City, NY | $2K | 2022 |