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Traverse Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1993. The principal officer is William J Brody. It holds total assets of $1M. Annual income is reported at $1.3M. Total assets have grown from $841K in 2011 to $1.1M in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Traverse Foundation has made 20 grants totaling $979K, with a median grant of $6K. Annual giving has grown from $358K in 2022 to $622K in 2023. Individual grants have ranged from $1K to $375K, with an average award of $49K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in California, Connecticut, Minnesota, which account for 65% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
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.
Traverse Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in CA, CT, MN.
Traverse Foundation has distributed a total of $979K across 20 grants. The median grant size is $6K, with an average of $49K. Individual grants have ranged from $1K to $375K.
Traverse Foundation typically selects its grantees rather than accepting unsolicited proposals.
Traverse Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Blake C Harris | Director | $0 | $0 | N/A |
| Linda B Harris | Sec'tary/Dir | $0 | $0 | N/A |
| Norman W Harris Iv | Director | $0 | $0 | N/A |
| Leslie T Harris | Director | $0 | $0 | N/A |
| Norman W Harris Iii | Pres/Tres/Dir | $0 | $0 | N/A |
Total Giving
$631K
Total Assets
$1.1M
Fair Market Value
$1.6M
Net Worth
$1.1M
Grants Paid
$622K
Contributions
$168K
Net Investment Income
$225K
Distribution Amount
$73K
Total: N/A
Total Grants
20
Total Giving
$979K
Average Grant
$49K
Median Grant
$6K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monterey Bay AquariumGeneral Operating Support | Monterey, CA | $10K | 2022 |
| Lucille Packard FoundationSurgery anxiety reduction | Palo Alto, CA | $375K | 2023 |
| InvincikidsGeneral operating support | San Bruno, CA | $125K | 2023 |
| Yale UniversityMental Health Program | New Haven, CT | $100K | 2023 |
| The Nature Conservancy Mn ChapterGeneral operating support | Minneapolis, MN | $8K | 2023 |
| Afs-Usa IncGeneral operating support | New York, NY | $5K | 2023 |
| Little Traverse ConservancyGeneral operating support | Harbor Springs, MI | $5K | 2023 |
| Friends Of AltaEnvironmental protection | Alta, UT | $3K | 2023 |
| Ecumenical Hunger ProgramGeneral Operating Support | East Palo Alto, CA | $1K | 2023 |
| Bhutan FoundationSpecial needs program initiation | Washington, DC | $3K | 2022 |