Also known as: FOUNDATION
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The Ron And Diane Fagen Family Foundation is a private corporation based in GRANITE FALLS, MN. The foundation received its IRS ruling in 2006. The principal officer is Roland J Fagen. It holds total assets of $2.3M. Annual income is reported at $536K. Total assets have grown from $1.4M in 2011 to $2.3M in 2024. The foundation is governed by 4 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 2016 to 2024. Grantmaking is concentrated in Minnesota. According to available records, The Ron And Diane Fagen Family Foundation has made 43 grants totaling $397K, with a median grant of $5K. Annual giving has grown from $127K in 2021 to $270K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $9K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Minnesota, District of Columbia, Tennessee, which account for 88% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$50K
Based on 15 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 Ron And Diane Fagen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in MN, DC, TN.
The Ron And Diane Fagen Family Foundation has distributed a total of $397K across 43 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $50K.
The Ron And Diane Fagen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Ron And Diane Fagen Family Foundation is headquartered in GRANITE FALLS, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aaron Fagen | DIRECTOR | $0 | $0 | N/A |
| Diane Fagen | PRESIDENT | $0 | $0 | N/A |
| Ron Fagen | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
| Evan Fagen | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.3M
Fair Market Value
N/A
Net Worth
$2.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
43
Total Giving
$397K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
19
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bush FoundationGENERAL SUPPORT | Saint Paul, MN | $25K | 2022 |
| Salvation ArmyGENERAL SUPPORT | Roseville, MN | $8K | 2022 |
| American Red CrossGENERAL SUPPORT | Washington, DC | $50K | 2022 |
| Minnesotan'S Military Appreciation FundGENERAL SUPPORT | Minneapolis, MN | $10K | 2022 |
| Shriners Children'S Twin CitiesGENERAL SUPPORT | Woodbury, MN | $10K | 2022 |
| St Jude Children'S Research HospitalGENERAL SUPPORT | Memphis, TN | $10K | 2022 |
| Gary Sinise FoundationGENERAL SUPPORT | Woodland Hills, CA | $5K | 2022 |
| Hawk Creek Animal ShelterGENERAL SUPPORT | Willmar, MN | $5K | 2022 |
| Granite Falls Ambulance-Prairie Five Community Action Council IncGENERAL SUPPORT | Montevideo, MN | $3K | 2022 |
| Granite Falls Police DepartmentGENERAL SUPPORT | Granite Falls, MN | $3K | 2022 |
| Granite Falls Fire DepartmentGENERAL SUPPORT | Granite Falls, MN | $2K | 2022 |
| Granite Falls Living At Homesblock NursesGENERAL SUPPORT | Granite Falls, MN | $2K | 2022 |
| Yellow Medicine County SheriffGENERAL SUPPORT | Granite Falls, MN | $2K | 2022 |
| Neighbors United Resource CenterGENERAL SUPPORT | Golden Valley, MN | $1K | 2022 |
| Minnesota Military Family FoundationGENERAL SUPPORT | Golden Valley, MN | $10K | 2021 |
| Tunnel To Towers FoundationGENERAL SUPPORT | Staten Island, NY | $10K | 2021 |
| The State University Of Iowa FoundationGENERAL SUPPORT | Iowa City, IA | $10K | 2021 |
| Humane Society Of Kandiyohi And Meeker CountiesGENERAL SUPPORT | Willmar, MN | $5K | 2021 |
| Avera Granite FallsGENERAL SUPPORT | Granite Falls, MN | $3K | 2021 |