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Opus Prize Foundation is a private corporation based in SIOUX FALLS, SD. The foundation received its IRS ruling in 1994. The principal officer is Adler Management Corporation. It holds total assets of $38.8M. Annual income is reported at $5.2M. Total assets have grown from $26.5M in 2011 to $38.8M in 2024. The foundation is governed by 10 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Global. According to available records, Opus Prize Foundation has made 52 grants totaling $4.7M, with a median grant of $10K. Annual giving has grown from $548K in 2020 to $2.9M in 2022. Individual grants have ranged from $3K to $1M, with an average award of $90K. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in Louisiana, South Dakota, District of Columbia, which account for 25% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
The Opus Prize Foundation operates nothing like a conventional grant program. It is a nomination-based prize — one of the world's largest faith-based humanitarian awards for social entrepreneurship — channeling $1.2 million annually through a confidential selection process managed exclusively through Catholic university partners. Understanding this distinction is the first and most critical strategic imperative for any organization hoping to be recognized.
Founded with backing from the Rauenhorst family (founders of The Opus Group, a major Minnesota construction and real estate company), the foundation is chaired by Michael Rauenhorst with Kristine Rauenhorst serving as Vice Chair. This family stewardship gives the prize a deeply personal character: values-driven, relationship-oriented, and deliberately insulated from transactional grant dynamics. Officer compensation is zero across all documented fiscal years — the foundation runs lean and intentionally.
The path to nomination runs through Catholic university partners. Each year, the foundation selects a partner institution to host the awards week; that campus's faculty, staff, and student ambassadors participate in identifying nominees, conducting due diligence site visits, and hosting the three finalists. Organizations cannot self-nominate or apply directly to the foundation. They must be surfaced through these institutional networks — which is why relationship cultivation is the central strategy, not proposal preparation.
First-time candidates should pursue three moves. First, cultivate relationships with faculty, administrators, or campus ministry leaders at universities with Opus Prize histories: Villanova, The Catholic University of America, Loyola University Chicago, University of Portland, Santa Clara University, Xavier University of Louisiana, and DePaul University (the 2026 host). Second, ensure your organization is visible in faith-based media — Catholic journals, interfaith publications, and university news — where nominators discover candidates. Third, build a documented narrative aligned to the foundation's six core values: social entrepreneurship, transformational leadership, sustainable change, faith in action, unsung hero profile, and life of service.
The foundation strongly favors international organizations, particularly those based in the Global South, and has awarded laureates across six continents since 2004. With $38.8 million in assets (FY2024) and a stable $1.2 million annual prize commitment, the foundation's giving is highly predictable. Organizations should plan a three-to-five year relationship-building runway before expecting recognition.
The Opus Prize Foundation holds $38.8 million in total assets as of fiscal year 2024 — a 31% increase from $29.6 million in 2019 — driven by investment income and steady Rauenhorst family stewardship. Annual total giving has ranged from $713,786 (2020, COVID-reduced) to $1,842,768 (2023), with grants paid consistently between $1.22 million and $1.44 million from 2021 through 2023.
The prize structure is fixed and transparent: one $1 million laureate award plus two $100,000 finalist awards total $1.2 million in direct prizes annually. The $24 million awarded since 2004 across 20 laureates and 36 finalists confirms an unbroken annual prize cycle. The remaining annual giving — typically $300,000–$650,000 beyond the prizes — covers operational costs including university hosting fees, which have ranged from $78,000 (Loyola Chicago) to $156,000 (Catholic University of America) to $170,000 (Villanova).
Beyond the prize itself, the foundation has made targeted supplementary grants in distinct categories:
Across 52 documented grants, the average award is $89,500 — heavily skewed by the two mega-grants. The true median supplementary grant is closer to $10,000. For organizations outside the prize cycle, the realistic non-prize ask range is $5,000–$100,000, and typically requires an existing, established relationship with the foundation.
The Opus Prize occupies a distinctive niche as one of the world's largest faith-based social entrepreneurship prizes. The table below compares it to four peer award programs:
| Foundation / Award | Est. Assets | Annual Awards | Primary Focus | Nomination Process |
|---|---|---|---|---|
| Opus Prize Foundation | $38.8M | $1.2M ($1M laureate + 2×$100K) | Faith-based social entrepreneurship, global | Invitation via Catholic university partners only |
| Conrad N. Hilton Humanitarian Prize | ~$7B (foundation) | $2M (single award) | Global humanitarian, any sector | Organization-initiated nomination |
| Skoll Foundation Awards | ~$1B+ (foundation) | ~$1.5M per awardee, 3–4/yr | Social entrepreneurship, systems change | Invitation and partner nomination |
| Ashoka Fellowship | ~$75M (foundation) | ~$90K per fellow over 3 years | Social innovation, any sector | Invitation and peer nomination |
| John Templeton Foundation | ~$3.5B | $100M+ (grants, not prizes) | Faith, science, character, philosophy | Open RFPs and invited proposals |
The Opus Prize is meaningfully smaller in asset base and annual giving volume than Hilton or Templeton, but its prize structure is uniquely concentrated and predictable: $1.2 million flows to exactly three organizations each year, with no dilution across multiple programs. Unlike the Hilton Humanitarian Prize (where organizations can initiate their own nomination process) or Templeton (which runs open proposal cycles), the Opus Prize's exclusive Catholic university partnership model creates a deliberately narrow entry channel — making institutional relationships the decisive competitive variable. Ashoka is the closest structural analog: both are invitation-based programs recognizing unsung innovators, and both provide transformative funding to under-resourced change-makers. The key differentiator is the Opus Prize's explicit faith requirement, its fixed annual prize amounts, and its use of a single host university as nomination gatekeeper each year — a feature that makes timing and relationship strategy uniquely important.
The foundation's most significant 2025 event was the November 13 award of the $1 million laureate prize to the Religious Sisters of the Holy Spirit of Mazabuka, Zambia, at Xavier University of Louisiana. Led by Sister Juunza Mwangani and Sister Rosalia Sakayombo, the congregation runs programs combining eco-friendly agriculture, entrepreneurship training, and food security initiatives for disadvantaged women — a model developed in collaboration with the Conrad N. Hilton Foundation. The award marked the first time in the prize's 20-plus year history that the ceremony was held at a historically Black Catholic institution, reflecting deliberate expansion of the foundation's partner network.
Two $100,000 finalist awards were also made in 2025: Micah Ecumenical Ministries (Fredericksburg, Virginia), led by Meghann Cotter, recognized for housing advocacy and wraparound services for unhoused individuals; and the African Caribbean Community Initiative (Wolverhampton, England), led by Alicia Spence, for mental health services targeting Afro-Caribbean communities. Finalists were announced in August 2025, approximately three months before the November ceremony.
For 2026, DePaul University (Chicago) was announced as the host institution, with an awards week scheduled for October 2026 under the theme 'Uplifting the Dignity of All.' DePaul's Vincentian Catholic identity and strong urban social justice mission make it a fitting institutional partner. No leadership changes or structural modifications to the foundation's prize model have been publicly announced. The foundation appears to be in a period of programmatic stability — consistent annual prizes, consistent asset growth ($36.9M in 2023 to $38.8M in 2024), and consistent focus on faith-driven global social entrepreneurship with no evidence of scope expansion or contraction.
Because the Opus Prize is nomination-based rather than application-based, pursuing this award requires an approach fundamentally different from conventional grant seeking. The following are concrete strategies specific to this funder:
Prioritize Catholic university relationships over proposal preparation. The 2026 host is DePaul University (Chicago). Prior hosts include Villanova, The Catholic University of America, Loyola University Chicago, University of Portland, Santa Clara University, and Xavier University of Louisiana. Contact faculty in social work, theology, international development, or campus ministry at these institutions. Offer to speak at events, host student service-learning visits, or contribute to research. This is a multi-year cultivation strategy — not a one-time pre-cycle outreach.
Map your narrative to all six Opus Prize values. The selection criteria prioritize: (1) social entrepreneurship — you must demonstrate systemic, innovative change, not just charitable service; (2) transformational leadership that shifts entire communities; (3) sustainable change targeting root causes with locally owned outcomes; (4) faith expressed through action in any tradition; (5) being an unsung hero without existing major recognition; and (6) a demonstrated life of service. Your website, impact reports, and public materials should speak directly to each of these six dimensions.
The 'unsung hero' criterion is a strategic asset. The foundation explicitly values organizations that lack prominent recognition or large existing funding. If your organization has received major media attention recently, pivot to emphasizing community depth and grassroots ownership rather than visibility.
International footprint strengthens laureate candidacy. Of the 20 laureates since 2004, the majority represent Global South contexts — Africa, Latin America, Southeast Asia. Domestic U.S. organizations have been most commonly recognized at the $100,000 finalist level. If your work crosses borders or serves diaspora communities, make this explicit.
Contact the foundation directly. Email info@opusprize.org to introduce your organization and inquire whether your mission aligns with current nomination cycles. While the process is confidential, staff can provide directional guidance.
Timing is critical. Awards weeks occur in fall (November 2025; October 2026). Nomination processes begin approximately 6–12 months before the ceremony. Engage with university partners no later than the spring of the award year — ideally earlier.
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Smallest Grant
$3K
Median Grant
$6K
Average Grant
$153K
Largest Grant
$1M
Based on 8 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.
The Opus Prize Foundation holds $38.8 million in total assets as of fiscal year 2024 — a 31% increase from $29.6 million in 2019 — driven by investment income and steady Rauenhorst family stewardship. Annual total giving has ranged from $713,786 (2020, COVID-reduced) to $1,842,768 (2023), with grants paid consistently between $1.22 million and $1.44 million from 2021 through 2023. The prize structure is fixed and transparent: one $1 million laureate award plus two $100,000 finalist awards total .
Opus Prize Foundation has distributed a total of $4.7M across 52 grants. The median grant size is $10K, with an average of $90K. Individual grants have ranged from $3K to $1M.
The Opus Prize Foundation operates nothing like a conventional grant program. It is a nomination-based prize — one of the world's largest faith-based humanitarian awards for social entrepreneurship — channeling $1.2 million annually through a confidential selection process managed exclusively through Catholic university partners. Understanding this distinction is the first and most critical strategic imperative for any organization hoping to be recognized. Founded with backing from the Rauenhors.
Opus Prize Foundation is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katie Scharfbillig | Tax Officer | $7K | $2K | $9K |
| Tammy Crosby | Vice President | $6K | $1K | $7K |
| Carol Slatter | Vice President | $1K | $358 | $2K |
| Julia Goldman | Director | $0 | $0 | N/A |
| Dan Mcginty | Director | $0 | $0 | N/A |
| Sr Annette Mcdermott | Director | $0 | $0 | N/A |
| Kristine Rauenhorst | Vice Chair/Director | $0 | $0 | N/A |
| Judy Doerr | Secretary/Director | $0 | $0 | N/A |
| Nat Robinson | Treasurer/Director | $0 | $0 | N/A |
| Michael Rauenhorst | Chair/Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$38.8M
Fair Market Value
N/A
Net Worth
$38.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
52
Total Giving
$4.7M
Average Grant
$90K
Median Grant
$10K
Unique Recipients
32
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Step By StepGeneral operations. | Puyallup, WA | $5K | 2022 |
| Community Renewal International IncConnecting neighbors and residents to restore the foundation of safe and caring communities. | Shreveport, LA | $1M | 2022 |
| Damien House IncTo provide medical care for victims of Hansen's Disease. | Chicago, IL | $100K | 2022 |
| Interfaith Mediation CentreCreate a peaceful society through non-violence and strategic engagement in Nigeria and beyond. | — | $100K | 2022 |
| Villanova UniversityHosting Opus Prize ceremony. | Villanova, PA | $85K | 2022 |
| The Catholic University Of AmericaHosting Opus Prize ceremony. | Washington, DC | $78K | 2022 |
| Talent Beyond Boundaries IncGeneral operations. | Washington, DC | $10K | 2022 |
| Global Fund For ChildrenGeneral operations. | Washington, DC | $10K | 2022 |
| Teamlift IncSt. Mary's Secondary School for Girls in Malawi. | Portland, OR | $10K | 2022 |
| Village Exchange Center IncGeneral operations. | Aurora, CO | $10K | 2022 |
| Jesuit Refugee Services UsaBurma program. | Washington, DC | $5K | 2022 |
| Big Brothers Big Sisters Of The Greater Twin CitiesGeneral operations. | Minneapolis, MN | $5K | 2022 |
| Compassion FirstGeneral operations. | Beaverton, OR | $5K | 2022 |
| Tanzanian Children'S Fund IncGeneral operations. | Cambridge, MA | $5K | 2022 |
| Breck SchoolMelrose Family Center for Servant Leadership. | Minneapolis, MN | $5K | 2022 |
| Red Cloud Indian SchoolSupport for school's operations | Pine Ridge, SD | $1M | 2021 |
| Friedns Of Fe Y AlegriaTo Promote US/Mexico border and immigration policies | Washington, DC | $100K | 2021 |
| Kino Border InitiativeTo promote education in Venezuela | Nogales, AZ | $100K | 2021 |
| Mount Mary UniversityMadonna Fund | Milwaukee, WI | $10K | 2021 |
| Prosperity CatalystGeneral Operations | Beverly, MA | $3K | 2021 |
| Tanzanian Children'S FundGeneral Operations | Cambridge, MA | $3K | 2021 |
| Mercy Beyond BordersHaiti Initiative | Santa Clara, CA | $3K | 2021 |
| St Luke Foundation For HaitiResponding to COVID-19 | Dumfries, VA | $100K | 2020 |
| Hour Children IncResponding to COVID-19 | Long Island City, NY | $100K | 2020 |
| Loyola University ChicagoHosting of Opus Prize. | Chicago, IL | $78K | 2020 |
| Roots Community Health CenterResponding to COVID-19 | Oakland, CA | $75K | 2020 |
| Janodayam Social EducationResponding to COVID-19 | Chennai | $70K | 2020 |
| Some IncResponding to COVID-19 | Washington, DC | $65K | 2020 |
| Center For Working Families IncResponding to COVID-19 | Brookfield, WI | $40K | 2020 |
| University Of PortlandNursing Research | Portland, OR | $5K | 2020 |
| Mount Mary Univeristy IncDiversity, Equity & Inclusion Program | Milwaukee, WI | $5K | 2020 |