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Guarani Foundation is a private trust based in PLYMOUTH, MN. The foundation received its IRS ruling in 2008. The principal officer is Abbot Downing. It holds total assets of $35K. Annual income is reported at $333K. Total assets have decreased from $167K in 2011 to $45K in 2023. The foundation is governed by 2 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 2018 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Guarani Foundation has made 11 grants totaling $1.5M, with a median grant of $100K. Annual giving has grown from $556K in 2021 to $972K in 2022. Individual grants have ranged from $1K to $432K, with an average award of $139K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$82K
Average Grant
$162K
Largest Grant
$610K
Based on 5 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.
Guarani Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MN.
Guarani Foundation has distributed a total of $1.5M across 11 grants. The median grant size is $100K, with an average of $139K. Individual grants have ranged from $1K to $432K.
Guarani Foundation typically selects its grantees rather than accepting unsolicited proposals.
Guarani Foundation is headquartered in PLYMOUTH, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dean Sundquist | TRUSTEE | $0 | $0 | N/A |
| Amy Sundquist | TRUSTEE | $0 | $0 | N/A |
Total Giving
$487K
Total Assets
$45K
Fair Market Value
$45K
Net Worth
$45K
Grants Paid
$482K
Contributions
$525K
Net Investment Income
$3K
Distribution Amount
$3K
Total Grants
11
Total Giving
$1.5M
Average Grant
$139K
Median Grant
$100K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Augsburg UniversityCOMMUNITY GIFT | Minneapolis, MN | $360K | 2022 |
| University Of Minnesota FoundationCOMMUNITY GIFT | Minneapolis, MN | $100K | 2022 |
| Hope Academy IncCOMMUNITY GIFT | Minneapolis, MN | $25K | 2022 |
| Pacer Center IncCOMMUNITY GIFT | Minneapolis, MN | $1K | 2022 |