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Also known as: FOUNDATION
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The@Robert William And Nina Gayle Sit Foundation is a private trust based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2015. The principal officer is Sit Investment Associates Inc.. It holds total assets of $26K. Annual income is reported at $151K. Total assets have grown from $13K in 2015 to $20K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, The@Robert William And Nina Gayle Sit Foundation has made 29 grants totaling $239K, with a median grant of $5K. Annual giving has decreased from $101K in 2020 to $29K in 2023. Grantmaking activity was highest in 2022 with $109K distributed across 18 grants. Individual grants have ranged from $1K to $70K, with an average award of $8K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Minnesota and Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$17K
Largest Grant
$70K
Based on 6 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@Robert William And Nina Gayle Sit Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in MN, CT.
The@Robert William And Nina Gayle Sit Foundation has distributed a total of $239K across 29 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $70K.
Awards must go towards education and healthcare.
The@Robert William And Nina Gayle Sit Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert William Sit | TRUSTEE | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$20K
Fair Market Value
$23K
Net Worth
$20K
Grants Paid
$29K
Contributions
$50K
Net Investment Income
$991
Distribution Amount
$1K
Total Grants
29
Total Giving
$239K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Franklin CenterEDUCATION | Minneapolis, MN | $1K | 2022 |
| Twin Cities Public TelevisionEDUCATION | Saint Paul, MN | $11K | 2023 |
| Global MinnesotaEDUCATION | Minneapolis, MN | $9K | 2023 |
| Boutiful Basket Food ShelterFOOD SHELF | Chaska, MN | $5K | 2023 |
| Bolder OptionsEDUCATION | Minneapolis, MN | $2K | 2023 |
| Alzheimer'S Association Minnesota-North DakotaHEALTH CARE | Minnestonka, MN | $2K | 2023 |
| Westminster Presbyterian ChurchMISSIONS & EDUCATION | Minneapolis, MN | $23K | 2022 |
| Animal Humane SocietyHEALTH CARE | Golden Valley, MN | $5K | 2022 |
| Forman SchoolEDUCATION | Litchfield, CT | $3K | 2022 |
| American Red CrossHEALTH CARE | Minneapolis, MN | $3K | 2022 |
| Abbott Northwestern Hospital FoundationMEDICINE CALL TO ACTION | Minneapolis, MN | $10K | 2020 |
| Alzheimer'S Association Minnesota-North DakodaALZHEIMER'S AND DEMENTIA RESEARCH | Minneapolis, MN | $5K | 2020 |
| Bloom Early Learning & Child CarePPC CAPITAL CAMPAIGN | Plymouth, MN | $4K | 2020 |
| Ywca MinneapolisYWCA MINNEAPOLIS' CIRCLE OF WOMEN | Minneapolis, MN | $2K | 2020 |