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Inventure Foundation is a private corporation based in SAINT CLOUD, MN. The foundation received its IRS ruling in 2019. The principal officer is Douglas Boser. It holds total assets of $3K. Annual income is reported at $19K. Total assets have grown from N/A in 2019 to $3K in 2024. The foundation is governed by 5 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 2020 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Inventure Foundation has made 53 grants totaling $111K, with a median grant of $500. Annual giving has grown from $17K in 2020 to $37K in 2023. Individual grants have ranged from N/A to $19K, with an average award of $2K. The foundation has supported 22 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$441
Average Grant
$2K
Largest Grant
$7K
Based on 11 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.
Inventure Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in MN.
Inventure Foundation has distributed a total of $111K across 53 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $19K.
Inventure Foundation typically selects its grantees rather than accepting unsolicited proposals.
Inventure Foundation is headquartered in SAINT CLOUD, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas J Boser | PRESIDENT | $0 | $0 | N/A |
| Olivia R Boser | CO VICE PRESIDENT | $0 | $0 | N/A |
| James P Schleper | SECRETARY AND TREASURER | $0 | $0 | N/A |
| Madeline E Boser | CO VICE PRESIDENT | $0 | $0 | N/A |
| Geraldine Boser | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3K
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
53
Total Giving
$111K
Average Grant
$2K
Median Grant
$500
Unique Recipients
22
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Centra Care HealthDB LIFE PREMIUM | St Cloud, MN | $19K | 2023 |
| Catholic CharitiesCIRCLE OF HOPE | St Cloud, MN | $10K | 2023 |
| Quiet Oaks Hospice HouseAUTUMUN REFLECTIONS | St Cloud, MN | $5K | 2023 |
| Sc Area Chamber FoundationDONATIONS TO CHAMBER FOUNDATION | St Cloud, MN | $1K | 2023 |
| Youth For ChristGIFT TO HELP WITH CLOSING | St Cloud, MN | $629 | 2023 |
| Mn Warriors Ice HockeyMN WARRIORS ICE HOCKEY | Avon, MN | $250 | 2023 |
| St Cloud Area Special OlympicsFOR AMA DONATION | St Cloud, MN | $120 | 2023 |
| Joanns FabricsLUV BLANKET FLEECE DONATION | St Cloud, MN | $2K | 2022 |
| Greater St Cloud DevelopmentSPONSORSHIP TED TALK | St Cloud, MN | $1K | 2022 |
| Green ThumbsDOWNTOWN PLANTERS PLANT | St Cloud, MN | $500 | 2022 |
| Anna Marie'S AllianceINSPIRING HOPE DONATION 2022 | St Cloud, MN | $500 | 2022 |
| Sauk Rapids High SchoolYEARBOOK PAGE SPONSERSHIP | St Cloud, MN | $180 | 2022 |
| Luthern Church Of The CrossMEMORY MEMORIAL | St Cloud, MN | $100 | 2022 |
| Centracare FoundationINSURANCE POLICY | St Cloud, MN | $7K | 2021 |
| St Cloud Hospital Volunteer ServicesLUV BLANKET DONATION THRU IS | St Cloud, MN | $265 | 2021 |
| St Cloud State University FoundationBASEBALL ALUMNI DINNER | St Cloud, MN | $100 | 2021 |
| Centra Care FoundationINSURANCE POLICY DONATION. | St Cloud, MN | $7K | 2020 |
| Greater St Cloud Development CorporationTEDX 2020 | St Cloud, MN | $1K | 2020 |
| Special OlympicsPOLAR PLUNGE | Minneapolis, MN | $441 | 2020 |
| Mc'S DugoutCLOTHING DRIVE. | St Cloud, MN | $365 | 2020 |
| Pathways4youthCHARITABLE PURPOSE | St Cloud, MN | $250 | 2020 |