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Groves Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1955. The principal officer is % David F Cmiel. It holds total assets of $9.1M. Annual income is reported at $276K. According to available records, Groves Foundation has made 41 grants totaling $870K, with a median grant of $10K. Annual giving has grown from $367K in 2021 to $503K in 2022. Individual grants have ranged from $2K to $150K, with an average award of $21K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Groves Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in MN.
Groves Foundation has distributed a total of $870K across 41 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $2K to $150K.
The application deadline is Mid August Each Fiscal Year. Locally Based 501c3 Org.
Groves Foundation is headquartered in MINNEAPOLIS, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| F N Groves Jr | PresEx Dir | $78K | $0 | $78K |
| D F Cmiel | SecrearyAsst Treas | $70K | $0 | $70K |
| T Hartstein | Trustee | $0 | $0 | $0 |
| T Asgrimson | Trustee | $0 | $0 | $0 |
| C Gangelhoff | Trustee | $0 | $0 | $0 |
Total Giving
$601K
Total Assets
$9.4M
Fair Market Value
$9.6M
Net Worth
$9.4M
Grants Paid
$413K
Contributions
$0
Net Investment Income
$305K
Distribution Amount
$496K
Total: $0
Total Grants
41
Total Giving
$870K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| FraserMusic Program | Minneapolis, MN | $10K | 2022 |
| Groves Learning OrganizationMatching Gala Grant | St Louis Park, MN | $150K | 2022 |
| Accessability IncOperating Grant | Minneapolis, MN | $75K | 2022 |
| Groves AcademyScholarship Assistance | Minneapolis, MN | $60K | 2022 |
| Shriners Childrens Twin CitiesAdaptive Bicycle Grant | Woodbury, MN | $50K |
DAVENPORT, IA
SANTA MONICA, CA
NEW YORK, NY
CANAAN, CT
| 2022 |
| University Of Minnesota FoundationG F Pediatric Dermatology Fund | Minneapolis, MN | $25K | 2022 |
| We Can RideGeneral Opr GrantScholarshipsHorse Support | Maple Plain, MN | $21K | 2022 |
| Augsburg UniversityCLASS Assistance Fund | Minneapolis, MN | $15K | 2022 |
| Sharing And Caring HandsLandscaping Grant | Minneapolis, MN | $13K | 2022 |
| Urban Boat BuildersApprenticeship Program Grant | Saint Paul, MN | $13K | 2022 |
| Minnesota Private College FundScholarship Program | Saint Paul, MN | $10K | 2022 |
| Knightkrawler First Robotics Team 2052Program Grant | Saint Paul, MN | $10K | 2022 |
| Blind IncComp Voc Evaluation System | Minneapolis, MN | $10K | 2022 |
| True FriendsRelias Staff Program Grant | Annandale, MN | $5K | 2022 |
| Reach For Resources IncSocial Seeker Program Grant | Minnetonka, MN | $5K | 2022 |
| Laura Baker ServicesCreative Arts Program | Northfield, MN | $3K | 2022 |
| Shriners Hospital For Children - Twin CitiesAdaptive Bicycles Grant | Saint Paul, MN | $25K | 2021 |
| We Can Ride IncOperating Grant Scholarships and Horse Support | Maple Plain, MN | $20K | 2021 |
| Frc Team 2052 Irondale High SchoolProgram Grant | Saint Paul, MN | $10K | 2021 |
| Sharing And Caring Hands IncReplace Furniture Grant | Minneapolis, MN | $10K | 2021 |
| Laura Baker Services AssociationCreative Arts Program Grant | Northfield, MN | $3K | 2021 |
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