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Target Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1928. It holds total assets of $73.9M. Annual income is reported at $2.8M. Total assets have grown from $18.6M in 2010 to $92.7M in 2024. The foundation is governed by 9 officers and trustees. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Target Foundation has made 426 grants totaling $77.4M, with a median grant of $100K. Annual giving has decreased from $50.1M in 2023 to $27.3M in 2024. Individual grants have ranged from $20K to $1.5M, with an average award of $182K. The foundation has supported 188 unique organizations. The foundation primarily supports organizations in Minnesota, New York, California, which account for 85% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$28K
Average Grant
$89K
Largest Grant
$1.5M
Based on 265 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.
Target Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 426 grants. Its grantmaking reaches organizations primarily in MN, NY, CA.
Target Foundation has distributed a total of $77.4M across 426 grants. The median grant size is $100K, with an average of $182K. Individual grants have ranged from $20K to $1.5M.
The application deadline is SEE OUR FOCUS AREAS AT WEB ADDRESS ABOVE. See our focus areas at web address above.
Target Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pam Tomczik | TREASURER | $0 | $0 | N/A |
| Janine Brown | ASSISTANT TREASURER | $0 | $0 | N/A |
| Dexter Newman | TRUSTEE | $0 | $0 | N/A |
| Dave Donlin | SECRETARY | $0 | $0 | N/A |
| Dan Fleming | ASST TREASURER (END 07/23) | $0 | $0 | N/A |
| Bill Foudy | TRUSTEE | $0 | $0 | N/A |
| Amanda Nusz | PRESIDENT & CHAIR (END 11/23) | $0 | $0 | N/A |
| Kiera Fernandez | PRESIDENT & CHAIR (BEG 11/23) | $0 | $0 | N/A |
| Yu-Ping Kao | TRUSTEE (END 04/23) | $0 | $0 | N/A |
Total Giving
$26.4M
Total Assets
$92.7M
Fair Market Value
N/A
Net Worth
$92.7M
Grants Paid
N/A
Contributions
$56M
Net Investment Income
$1.3M
Distribution Amount
$2.7M
Total Grants
426
Total Giving
$77.4M
Average Grant
$182K
Median Grant
$100K
Unique Recipients
188
Most Common Grant
$200K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Minnesota Black Collective FoundationECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) | Minneapolis, MN | $1.5M | 2024 |
| Caf AmericaECONOMIC OPPORTUNITY - GLOBAL | Alexandria, VA | $1M | 2024 |
| The Friendship BridgeECONOMIC OPPORTUNITY - GLOBAL | Lakewood, CO | $1M | 2024 |
| Namati IncECONOMIC OPPORTUNITY - GLOBAL | Washington, DC | $1M | 2024 |
| New Mexico Community CapitalECONOMIC OPPORTUNITY - NATIONAL | Albuquerque, MN | $750K | 2024 |
| Ecoagriculture International IncECONOMIC OPPORTUNITY - GLOBAL | Oakton, VA | $650K | 2024 |
| Asia FoundationECONOMIC OPPORTUNITY - GLOBAL | San Francisco, CA | $600K | 2024 |
| Black Innovation AllianceECONOMIC OPPORTUNITY - NATIONAL | Atlanta, GA | $500K | 2024 |
| Northside Achievement ZoneECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $500K | 2024 |
| National Coalition For Asian Pacific American Community DevECONOMIC OPPORTUNITY - NATIONAL | Washington, DC | $450K | 2024 |
| National Association For Latino Community Asset BuildersECONOMIC OPPORTUNITY - NATIONAL | San Antonio, TX | $450K | 2024 |
| Oweesta CorporationECONOMIC OPPORTUNITY - NATIONAL | Longmont, CO | $400K | 2024 |
| InclusivECONOMIC OPPORTUNITY - NATIONAL | New York, NY | $400K | 2024 |
| National Disability Institute IncECONOMIC OPPORTUNITY - NATIONAL | Washington, DC | $400K | 2024 |
| RunwayECONOMIC OPPORTUNITY - NATIONAL | Oakland, CA | $400K | 2024 |
| The Working World Inc Dba Seed CommonsECONOMIC OPPORTUNITY - NATIONAL | New York, NY | $400K | 2024 |
| FreefromECONOMIC OPPORTUNITY - NATIONAL | Los Angeles, CA | $400K | 2024 |
| MultiplierECONOMIC OPPORTUNITY - NATIONAL | San Francisco, CA | $350K | 2024 |
| Ashoka Innovators For The PublicECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) | Arlington, VA | $300K | 2024 |
| Borealis PhilanthropyECONOMIC OPPORTUNITY NATIONAL (ECOSYSTEM); FY22 COMMITMENT | Minneapolis, MN | $300K | 2024 |
| DasraECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) | Houston, TX | $300K | 2024 |
| Outright Action InternationalECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) | New York, NY | $300K | 2024 |
| The Share Trust IncECONOMIC OPPORTUNITY GLOBAL (ECOSYSTEM); FY22 COMMITMENT | Dover, MA | $300K | 2024 |
| The Bridgespan Group IncECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM) | Boston, MA | $300K | 2024 |
| Greater Twin Cities United WayECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $270K | 2024 |
| Pacific Community Ventures IncECONOMIC OPPORTUNITY - NATIONAL | Oakland, CA | $250K | 2024 |
| Rockefeller Philanthropy AdvisorsECONOMIC OPPORTUNITY - NATIONAL | New York, NY | $250K | 2024 |
| Atlanta Wealth Building Initiative IncECONOMIC OPPORTUNITY - NATIONAL | Atlanta, GA | $250K | 2024 |
| Change Labs IncECONOMIC OPPORTUNITY - NATIONAL | Tuba City, AZ | $250K | 2024 |
| Urban Strategies IncECONOMIC OPPORTUNITY - NATIONAL | St Louis, MT | $250K | 2024 |
| Forward Cities IncECONOMIC OPPORTUNITY - NATIONAL | Durham, NC | $250K | 2024 |
| YouthpriseECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $200K | 2024 |
| Community PartnersECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM) | Los Angeles, CA | $200K | 2024 |
| CommonwealECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM) | Bolinas, CA | $200K | 2024 |
| Georgetown UniversityECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) | Washington, DC | $200K | 2024 |
| Latino Business Action Network IncECONOMIC OPPORTUNITY - NATIONAL | San Jose, CA | $200K | 2024 |
| Local Initiatives Support CorporationECONOMIC OPPORTUNITY - HOMETOWN | St Paul, MN | $200K | 2024 |
| Twin Cities RiseECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $200K | 2024 |
| Mission Asset FundECONOMIC OPPORTUNITY - NATIONAL | San Francisco, CA | $200K | 2024 |
| Comunidades Latinas Unidas En Servicio IncECONOMIC OPPORTUNITY - HOMETOWN | Saint Paul, MN | $200K | 2024 |
| Earn IncECONOMIC OPPORTUNITY - NATIONAL | San Francisco, CA | $200K | 2024 |
| Hope Community IncECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $200K | 2024 |
| Neighborhood Development Center IncECONOMIC OPPORTUNITY - HOMETOWN | Saint Paul, MN | $200K | 2024 |
| Build Wealth Mn IncECONOMIC OPPORTUNITY - HOMETOWN | Minneapolis, MN | $200K | 2024 |
| Neighborhood Trust Financial PartnersECONOMIC OPPORTUNITY - NATIONAL | New York, NY | $200K | 2024 |