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Putrah Foundation Inc. is a private corporation based in FARIBAULT, MN. The foundation received its IRS ruling in 2017. The principal officer is Matthew R Drevlow. It holds total assets of $1.1M. Annual income is reported at $2M. Total assets have decreased from $3.6M in 2019 to $2.1M in 2023. 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 2017 to 2023. The foundation primarily funds organizations in Minnesota and Ohio. According to available records, Putrah Foundation Inc. has made 19 grants totaling $2.6M, with a median grant of $30K. The foundation has distributed between $380K and $1.8M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 12 grants. Individual grants have ranged from $3K to $700K, with an average award of $136K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Minnesota and Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$28K
Average Grant
$91K
Largest Grant
$300K
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.
Putrah Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in MN, OH.
Putrah Foundation Inc. has distributed a total of $2.6M across 19 grants. The median grant size is $30K, with an average of $136K. Individual grants have ranged from $3K to $700K.
Putrah Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Putrah Foundation Inc. is headquartered in FARIBAULT, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Trevor Putrah | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Tyler Putrah | DIRECTOR/TREASURER | $0 | $0 | N/A |
| Andrew Currie | DIRECTOR | $0 | $0 | N/A |
| Matthew Drevlow | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Caren Putrah | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
Total Giving
$394K
Total Assets
$2.1M
Fair Market Value
$2.1M
Net Worth
$2.1M
Grants Paid
$380K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$100K
Total: $1.9M
Total Grants
19
Total Giving
$2.6M
Average Grant
$136K
Median Grant
$30K
Unique Recipients
9
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Paradise Center For The ArtsDONATION | Faribault, MN | $350K | 2023 |
| Faribault Public SchoolsDONATION | Faribault, MN | $30K | 2023 |
| Shattuck- St Mary'S SchoolEDUCATION | Faribault, MN | $700K | 2022 |
| Union Gospel MissionDONATION | St Paul, MN | $85K | 2022 |
| Faribault Booster ClubDONATION | Faribault, MN | $30K | 2022 |
| River Bend Nature CenterDONATION | Faribault, MN | $10K | 2022 |
| Faribault Hockey AssociationDONATION | Faribault, MN | $3K | 2022 |
| District One Hospital Cancer CenterDONATION | Faribault, MN | $100K | 2021 |
| Ohio State Mens HockeyDONATION | Columbus, OH | $10K | 2021 |