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Ivy Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2011. The principal officer is Michella L Johnson. It holds total assets of $1.8M. Annual income is reported at $882K. Total assets have grown from $930K in 2011 to $1.8M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in Florida and Rhode Island. According to available records, Ivy Foundation has made 15 grants totaling $1.2M, with a median grant of $25K. Annual giving has decreased from $870K in 2020 to $363K in 2022. Individual grants have ranged from $20K to $250K, with an average award of $82K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Rhode Island and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$40K
Average Grant
$83K
Largest Grant
$183K
Based on 3 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.
Ivy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in RI, FL.
Ivy Foundation has distributed a total of $1.2M across 15 grants. The median grant size is $25K, with an average of $82K. Individual grants have ranged from $20K to $250K.
Ivy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ivy Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandra E Macmillan | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Jennifer J Cullen | SECRETARY | $0 | $0 | N/A |
| Katherine Weber | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.8M
Fair Market Value
N/A
Net Worth
$1.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$1.2M
Average Grant
$82K
Median Grant
$25K
Unique Recipients
3
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySANDRA MACMILLAN BROWN PROMISE SCHOLARSHIP | Providence, RI | $117K | 2022 |
| Billfish FoundationUNRESTRICTED | Fort Lauderdale, FL | $40K | 2022 |
| Pine Crest SchoolPINE CREST FUND | Fort Lauderdale, FL | $25K | 2022 |