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Minnesota Power Foundation is a private corporation based in DULUTH, MN. The foundation received its IRS ruling in 2007. The principal officer is % Donald Stenger. It holds total assets of $841K. Annual income is reported at $804K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Minnesota Power Foundation has made 738 grants totaling $3.2M, with a median grant of $1K. Annual giving has grown from $510K in 2020 to $797K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 290 grants. Individual grants have ranged from $125 to $100K, with an average award of $4K. The foundation has supported 317 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, New Hampshire, which account for 99% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Minnesota Power Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 738 grants. Its grantmaking reaches organizations primarily in MN, WI, NH.
Minnesota Power Foundation has distributed a total of $3.2M across 738 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $125 to $100K.
The application deadline is GRANT APPLICATIONS ARE ACCEPTED AND REVIEWED THROUGHOUT THE YEAR.. THE MINNESOTA POWER FOUNDATION IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES WHERE THE COMPANY CONDUCTS BUSINESS. THE MINNESOTA POWER FOUNDATION FOCUSES ITS GIVING IN THE FOLLOWING AREAS: EDUCATION ENVIRONMENT COMMUNITY SERVICES YOUTH DEVELOPMENT ARTS AND CULTURE HEALTH AND HUMAN SERVICES IN GENERAL, ALL AWARDS ARE CONSIDERED ONE-TIME GRANTS. HIGHEST PRIORITY IS GIVEN TO NONPROFIT 501(C)(3) ORGANIZATIONS WITHIN OUR SERVICE TERRITORY THAT SUBMIT WELL-DEFINED REQUESTS FOR PROJECTS OR PROGRAMS THAT MEET THE FOLLOWING CRITERIA: IMPROVE THE COMMUNITY'S QUALITY OF LIFE HAVE A BROAD BASE OF SUPPORT TAKE AN INNOVATIVE AND COST-EFFECTIVE APPROACH DO NOT DUPLICATE OTHER EFFORTS ALREADY IN EXISTENCE INCREASE PUBLIC AWARENESS.
Minnesota Power Foundation is headquartered in DULUTH, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bethany Owen | PRESIDENT | $0 | $0 | $0 |
| Jeffrey Scissons | TREASURER | $0 | $0 | $0 |
| Aimee Curtis | SECRETARY | $0 | $0 | $0 |
| Kelly Desormey | DIRECTOR | $0 | $0 | $0 |
| Gary Wheelock | DIRECTOR | $0 | $0 | $0 |
Total Giving
$813K
Total Assets
$930K
Fair Market Value
$930K
Net Worth
$608K
Grants Paid
$797K
Contributions
$750K
Net Investment Income
$39K
Distribution Amount
$53K
Total Grants
738
Total Giving
$3.2M
Average Grant
$4K
Median Grant
$1K
Unique Recipients
317
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Head Of The Lakes United WayANNUAL CAMPAIGN | Duluth, MN | $100K | 2023 |
| Essentia Health FoundationVISION NORTHLAND | Duluth, MN | $50K | 2023 |
| First Witness Child Advocacy CenterRESTORING HOPE: A CAPITAL CAMPAIGN TO END CHILD ABUSE | Duluth, MN | $50K | 2023 |
| Mesabi Fit Coalition24/7 FITNESS AND WELLNESS CENTER | Virginia, MN | $45K | 2023 |
| United Way Of 1000 LakesCAMPAIGN CONTRIBUTION | Grand Rapids, MN | $41K |
| Mike Perala |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Melissa Weglarz | DIRECTOR | $0 | $0 | $0 |
| Frank Frederickson | DIRECTOR | $0 | $0 | $0 |
| John Muehlbauer | DIRECTOR | $0 | $0 | $0 |
| Jodi Piekarski | DIRECTOR | $0 | $0 | $0 |
| Lori Hoyum | DIRECTOR | $0 | $0 | $0 |
| Eric Clement | DIRECTOR | $0 | $0 | $0 |
| Michael Conradi | DIRECTOR | $0 | $0 | $0 |
| Kristopher Braun | DIRECTOR | $0 | $0 | $0 |
| 2023 |
| College Of St Scholastica IncCOLLEGE OF ST. SCHOLASTICA STUDENT CENTER | Duluth, MN | $35K | 2023 |
| Smart NorthDEER RIVER COMMUNITY TECH HUB | Minneapolis, MN | $30K | 2023 |
| United Way Of Northeastern MinnesotaCAMPAIGN CONTRIBUTION | Chisholm, MN | $30K | 2023 |
| Silver Bay Blue Line ClubSILVER BAY OUTDOOR RECREATION AREA | Silver Bay, MN | $25K | 2023 |
| Arrowhead Economic Opportunity AgencyHIBBING HOMELESS SHELTER RENOVATIONS | Virginia, MN | $25K | 2023 |
| Employment Enterprises IncKEEPING WHEELS ON OUR RECYCLING PROGRAM | Little Falls, MN | $25K | 2023 |
| Verndale PtaPIRATE PLAYGROUND | Verndale, MN | $20K | 2023 |
| United Way Of Carlton CountyANNUAL CAMPAIGN | Cloquet, MN | $16K | 2023 |
| Duluth Playhouse IncTHE LAB RE-ENVISIONING PROJECT | Duluth, MN | $15K | 2023 |
| Friends Of The Walker Public LibraryNEW WALKER PUBLIC LIBRARY | Walker, MN | $15K | 2023 |
| Western Lake Superior Habitat For HumanityHOME ADAPTATIONS FOR SAFETY AND ACCESSIBILITY | Duluth, MN | $10K | 2023 |
| Silver Bay Public LibraryLIBRARY RENOVATION AND EXPANSION PROJECT | Silver Bay, MN | $10K | 2023 |
| University Of Minnesota DuluthENGINEERING SCHOLARSHIPS | Duluth, MN | $10K | 2023 |
| 7 Stars RanchPROGRAM GROWTH | Duluth, MN | $10K | 2023 |
| West Duluth American Legion Post #71RICE LAKE VETERAN MEMORIAL PARK | Duluth, MN | $10K | 2023 |
| Morrison County United WayCAMPAIGN CONTRIBUTION | Little Falls, MN | $10K | 2023 |
| City Of Deer RiverPLAYGROUND AND PAVILION PROJECT | Deer River, MN | $10K | 2023 |
| Minnesota Discovery CenterSCIENCE & ENGINEERING FESTIVAL | Chisholm, MN | $10K | 2023 |
| City Of MckinleyMCKINLEY MUNICIPAL PARK RENOVATION | Mckinley, MN | $10K | 2023 |
| Kootasca Community ActionCHILDHOOD EDUCATION HUB PLAYGROUND | Grand Rapids, MN | $10K | 2023 |
| Family Safety NetworkTRAUMA RESPONSE FOR VICTIMS OF DOMESTIC VIOLENCE | Walker, MN | $10K | 2023 |
| Starbase Minnesota-DuluthTOPOGRAPHIC SANDBOX | Duluth, MN | $9K | 2023 |
| Boys & Girls Clubs Of Grand Rapids And GreenwayBOYS & GIRLS CLUBS OF GRAND RAPIDS AND GREENWAY | Grand Rapids, MN | $5K | 2023 |
| Minnesota North Elm ProgramELECTRICAL MAINTENANCE PROGRAM BUILD OUT | Hibbing, MN | $5K | 2023 |
| Duluth Superior Area Community Foundation2023 SCHOLARSHIP AWARD | Duluth, MN | $5K | 2023 |
| Icaa Dba Lights In The PinesLIGHT UP THE PINES | Grand Rapids, MN | $5K | 2023 |
| Habitat For Humanity Morrison CountyHOUSE 23 | Little Falls, MN | $5K | 2023 |
| Lakes Area United WayCAMPAIGN CONTRIBUTION | Brainerd, MN | $4K | 2023 |
| Second Harvest North Central Food Bank Inc2023/2024 CHILD HUNGER PROGRAM | Grand Rapids, MN | $4K | 2023 |
| Hoyt Lakes Fire DepartmentFIREFIGHTER TURNOUT GEAR | Hoyt Lakes, MN | $4K | 2023 |
| Aurora Hoyt Lakes Band BoosterSAXOPHONE PURCHASE | Aurora, MN | $3K | 2023 |
| Pierz Youth Baseball ClubNEW CONCESSION STAND | Pierz, MN | $3K | 2023 |
| Animal Allies Humane Society2024 HUMANE EDUCATION PROGRAM | Duluth, MN | $3K | 2023 |
| Mesabi East High School CheerleadingMESABI EAST CHEER TEAM GROWTH | Aurora, MN | $3K | 2023 |
| Wolverines Blue Line ClubCORPORATE SPONSORSHIP | Biwabik, MN | $3K | 2023 |
| Goodland TownshipGOODLAND PARK EXPANSION & RENOVATION | Goodland, MN | $3K | 2023 |
| Quad City Food ShelfMARCH FOOD SHARE MONTH | Mountain Iron, MN | $3K | 2023 |
| Horizon Health IncFAITH IN ACTION GIFT MATCH | Pierz, MN | $2K | 2023 |
| 23rd VeteranSHIPPAR COMMUNITY LEADERSHIP AWARD | Esko, MN | $2K | 2023 |
| Indigenous Healthcare Career Exploration CampCAREER EXPLORATION CAMP | Cloquet, MI | $2K | 2023 |
| Duluth Community Garden ProgramPROVIDING ACCESSIBLE GARDENING SPACES | Duluth, MN | $2K | 2023 |
| Itasca County Family YmcaCHILDCARE ASSISTANCE | Grand Rapids, MN | $2K | 2023 |
| Lake Superior Warriors (Disabled Hockey)OPERATING EXPENSES AND TEAM JERSEYS | Esko, MN | $2K | 2023 |
| Long Prairie-Grey Eagle Elementary SchoolBAND IS "INSTRUMENTAL" | Long Prairie, MN | $2K | 2023 |
| Moose Lake Area Fire Protection DistrictEMERGENCY EQUIPMENT | Moose Lake, MN | $2K | 2023 |
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