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Rum Fund is a private corporation based in WAYZATA, MN. The foundation received its IRS ruling in 1999. The principal officer is % Michael Blum. It holds total assets of $2.9M. Annual income is reported at $590K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rum Fund has made 174 grants totaling $2M, with a median grant of $1K. The foundation has distributed between $407K and $1.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 94 grants. Individual grants have ranged from $50 to $101K, with an average award of $12K. The foundation has supported 73 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Illinois, which account for 76% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Rum Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 174 grants. Its grantmaking reaches organizations primarily in MN, NY, IL.
Rum Fund has distributed a total of $2M across 174 grants. The median grant size is $1K, with an average of $12K. Individual grants have ranged from $50 to $101K.
Rum Fund typically selects its grantees rather than accepting unsolicited proposals.
Rum Fund is headquartered in WAYZATA, MN. While based in MN, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abigail Rose | President | $0 | $0 | $0 |
| Michael Blum | Vice President | $0 | $0 | $0 |
Total Giving
$438K
Total Assets
$3M
Fair Market Value
$4.8M
Net Worth
$3M
Grants Paid
$407K
Contributions
$0
Net Investment Income
$281K
Distribution Amount
$226K
Total: $2.8M
Total Grants
174
Total Giving
$2M
Average Grant
$12K
Median Grant
$1K
Unique Recipients
73
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple IsraelCapital campaign and Bridge to the Future | Minneapolis, MN | $41K | 2023 |
| University Of Mn FoundationGeneral operations | Minneapolis, MN | $100K | 2023 |
| Sholom FoundationGeneral operations | Minneapolis, MN | $68K | 2023 |
| Planned Parenthood Of AmericaGeneral operations | New York, NY | $50K | 2023 |
| Minneapolis Jewish FederationGeneral operations | Minnetonka, MN |
Other foundations that have funded Rum Fund.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Jinnie K Simonsen And John V Carbone Foundation | $3K | 2023 | Contribution to General Fund. |
| Zions Bancorporation Foundation | $10K | 2022 | SUPPORT POLICY ISSUES IMPACTING THE STATE OF COLORADO |
| Zions Bancorporation Foundation | $10K | 2022 | SUPPORT POLICY ISSUES IMPACTING THE STATE OF COLORADO |
| Turock Family Foundation | $6K | 2022 | Education |
| $42K |
| 2023 |
| Greater Twin Cities United WayGeneral operations | Minneapolis, MN | $25K | 2023 |
| Children'S Theatre CompanyGeneral operations | Minneapolis, MN | $13K | 2023 |
| Washington UniversityGeneral operations | St Louise, MO | $10K | 2023 |
| Minnesota OrchestraGeneral operations | Minneapolis, MN | $10K | 2023 |
| Project LymeGeneral operations | New York, NY | $10K | 2023 |
| Minnesota HillelGeneral operations | Minneapolis, MN | $5K | 2023 |
| Trustees Of The University Of PennsylvaniaGeneral operations | Philadelphia, PA | $3K | 2023 |
| The Blake SchoolCapital campaign, annual fund and Science Wing | Hopkins, MN | $3K | 2023 |
| International Center Of PhotographyGeneral operations | New York, NY | $3K | 2023 |
| Minneapolis Institute Of ArtsGeneral operations | Minneapolis, MN | $3K | 2023 |
| Guthrie TheaterGeneral operations | Minneapolis, MN | $3K | 2023 |
| Herzl Camp FoundationGeneral operations | Minneapolis, MN | $2K | 2023 |
| Jewish Community Relations CouncilGeneral operations | Minneapolis, MN | $2K | 2023 |
| Petersen Automotive Museum FoundationGeneral operations | Los Angeles, CA | $2K | 2023 |
| Jewish Family And Children'S ServicesGeneral operations | Minnetonka, MN | $2K | 2023 |
| Minnesota Zoo FoundationGeneral operations | Apple Valley, MN | $1K | 2023 |
| The Living Desert Zoo And GardensGeneral operations | Palm Desert, CA | $1K | 2023 |
| Michael J Fox Foundation For Parkinson'S ResearchGeneral operations | New York, NY | $1K | 2023 |
| 180 Degrees IncGeneral operations | Minneapolis, MN | $1K | 2023 |
| Mission Animal HospitalGeneral operations | Eden Prairie, MN | $1K | 2023 |
| Southern Poverty Law CenterGeneral operations | Montgomery, AL | $1K | 2023 |
| Oratorio Society Of MinnesotaGeneral operations | St Paul, MN | $1K | 2023 |
| Six Points TheatreGeneral operations | St Paul, MN | $1K | 2023 |
| Frank Lloyd Wright Building ConservancyGeneral operations | Chicago, IL | $611 | 2023 |
| Jewish National FundGeneral operations | New York, NY | $600 | 2023 |
| Lets Win Pancreatic Cancer FoundationGeneral operations | New York, NY | $500 | 2023 |
| Pancreatic Cancer Action NetworkGeneral operations | Manhattan Beach, CA | $500 | 2023 |
| Naral Pro-Choice MinnesotaGeneral operations | St Paul, MN | $500 | 2023 |
| Minnesota Landscape Arboretum FoundationGeneral operations | Chaska, MN | $500 | 2023 |
| Frank Lloyd Wright FoundationGeneral operations | Scottsdale, AZ | $500 | 2023 |
| Hebrew Union College - Jewish Institute Of Religion (Huc-Jir)General operations | Cincinnati, OH | $500 | 2023 |
| Lake Minnetonka AssociationGeneral operations | Excelsior, MN | $500 | 2023 |
| Pan-Mass ChallengeGeneral operations | Needham, MA | $250 | 2023 |
| Minnetonka Center For The ArtsGeneral operations | Wayzata, MN | $250 | 2023 |
| Center For Science And Public InterestGeneral operations | Washington, DC | $75 | 2023 |
| American Red CrossGeneral operations | Minneapolis, MN | $50 | 2023 |
| Alzheimers AssociationGeneral operations | Chicago, IL | $27K | 2022 |
| United States Association For UnhcrGeneral operations | Washington, DC | $5K | 2022 |
| UnicefGeneral operations | New York, NY | $5K | 2022 |
| American Jewish Joint Distribution Cte IncGeneral operations | New York, NY | $5K | 2022 |
| Summit Academy OicGeneral operations | Minneapolis, MN | $1K | 2022 |
| Volunteer Lawyers NetworkGeneral operations | Minneapolis, MN | $500 | 2022 |
| Hebrew Union College - Jewish Institure Of Religion (Huc-Jir)General operations | Cinncinnati, OH | $360 | 2022 |
| Hillel At Washington University In St Louis (Washu Hillel)General operations | St Louis, MO | $360 | 2022 |
| National Council Of Jewish WomenGeneral operations | Golden Valley, MN | $360 | 2022 |
| Thiry-O Leary Foundation |
| $875 |
| 2021 |
| COMMUNITY |
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