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Granite Partners Foundation Of Minnesota Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $2M. Annual income is reported at $1.5M. Total assets have grown from $9K in 2022 to $1.2M in 2023. 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 2022 to 2023. According to available records, Granite Partners Foundation Of Minnesota Inc. has made 100 grants totaling $570K, with a median grant of $2K. Individual grants have ranged from $100 to $90K, with an average award of $6K. The foundation has supported 65 unique organizations. The foundation primarily supports organizations in Minnesota, Oregon, New York, which account for 96% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
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 Partners Foundation Of Minnesota Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 100 grants. Its grantmaking reaches organizations primarily in MN, OR, NY.
Granite Partners Foundation Of Minnesota Inc. has distributed a total of $570K across 100 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $100 to $90K.
Granite Partners Foundation Of Minnesota Inc. typically selects its grantees rather than accepting unsolicited proposals.
Granite Partners Foundation Of Minnesota Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard L Bauerly | Dir, Pres | $0 | $0 | N/A |
| Michelle B Kopel | Dir, Sec, Treas | $0 | $0 | N/A |
| Gregory A Schumacher | Dir | $0 | $0 | N/A |
Total Giving
$585K
Total Assets
$1.2M
Fair Market Value
$1.3M
Net Worth
$1.2M
Grants Paid
$570K
Contributions
$1.7M
Net Investment Income
$27K
Distribution Amount
$41K
Total Grants
100
Total Giving
$570K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
65
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Initiative FoundationInitiators Program | Little Falls, MN | $90K | 2023 |
| United Way Of Central MinnesotaCorporate Fund | Saint Cloud, MN | $61K | 2023 |
| Greater St Cloud Development CorporationGeneral & Unrestricted | Saint Cloud, MN | $50K | 2023 |
| Active Central MnGeneral & Unrestricted | Waite Park, MN | $40K | 2023 |
| Big Brothers-Big Sisters Of Central Minnesota IncBIG Partners | St Cloud, MN | $30K | 2023 |
| St Cloud Technical And Community College FoundatioVEX Robotics | Saint Cloud, MN | $15K | 2023 |
| Mike Silva Evangelism IncCharitable Event | Beaverton, OR | $10K | 2023 |
| Pcd Ks FoundationClear the Way Annual Campaign | Rochester, NY | $10K | 2023 |
| CommunitygivingWomen's Fund Dancing with our Stars | Saint Cloud, MN | $10K | 2023 |
| Great River Educational Arts TheatreGeneral & Unrestricted | Waite Park, MN | $6K | 2023 |
| Cathedral High SchoolCharitable Event | Saint Cloud, MN | $5K | 2023 |
| Jugaad Leadership ProgramGeneral & Unrestricted | Saint Cloud, MN | $5K | 2023 |
| St Cloud Area Family YmcaCapital Campaign | Saint Cloud, MN | $5K | 2023 |
| St Cloud State University Foundation IncCharitable Event | Saint Cloud, MN | $5K | 2023 |
| Amherst H Wilder FoundationMinnesota Compass Fund | St Paul, MN | $5K | 2023 |
| Greater St Cloud Public Safety FoundationGeneral & Unrestricted | St Cloud, MN | $4K | 2023 |
| Centracare Health FoundationCharitable Event | Saint Cloud, MN | $4K | 2023 |
| Tee It Up For The Troops IncGeneral & Unrestricted | Burnsville, MN | $3K | 2023 |
| The Northwest Minnesota FoundationGeneral & Unrestricted | Bemidji, MN | $3K | 2023 |
| Southern Minnesota Initiative FoundationGeneral & Unrestricted | Owatonna, MN | $3K | 2023 |
| Paramount Center For The ArtsCharitable Event | Saint Cloud, MN | $3K | 2023 |
| Minnesota Chamber FoundationLeadership MN Sponsorship fund | Saint Paul, MN | $3K | 2023 |
| West Central InitiativeGeneral & Unrestricted | Fergus Falls, MN | $3K | 2023 |
| College Of St Benedict Business OffCharitable Event | Saint Joseph, MN | $3K | 2023 |
| Youth Chorale Of Central MinnesotaGeneral & Unrestricted | Saint Cloud, MN | $3K | 2023 |
| Southwest Initiative FoundationGeneral & Unrestricted | Hutchinson, MN | $3K | 2023 |
| Northland FoundationGeneral & Unrestricted | Duluth, MN | $3K | 2023 |
| Boy Scouts Of AmericaCharitable Event | Sartell, MN | $3K | 2023 |
| Sartell Senior HighSartell HS Robotics - World Championship | Sartell, MN | $2K | 2023 |
| Great River GreeningGeneral & Unrestricted | Saint Paul, MN | $2K | 2023 |
| Aim Higher FoundationCharitable Event | Saint Paul, MN | $2K | 2023 |
| Boys & Girls Clubs Of Central MinnesotaCharitable Event | Saint Cloud, MN | $2K | 2023 |