MINNEAPOLIS, MN
Propel Nonprofits
Quick Facts
- EIN
- 41-1916337
- Location
- MINNEAPOLIS, MN
- Category
- Philanthropy & Grantmaking
- NTEE Code
- T11
- Total Assets
- $61.7M
- Annual Income
- $23M
- Annual Revenue
- $23M
- IRS Ruling Year
- 2017
- Tax Subsection
- 501(c)(03)
About This Organization
Propel Nonprofits is a nonprofit organization based in MINNEAPOLIS, MN. It received its IRS tax-exempt ruling in 2017. The organization is classified under IRC Section 501(c)(03). It operates in the area of philanthropy & grantmaking. Total assets are reported at $61.7M. Annual income is $23M. The organization has received $7.5M in foundation grants from 13 funders. It has received $13.1M in federal awards from 2 agencies.
Grants Received from Foundations
Foundation grants awarded to Propel Nonprofits, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Margaret A Cargill Foundation | $1M | 2024 | SUPPORT FOR ITS ROOTED TO LAST PROGRAM |
| Bush Foundation | $150K | 2024 | THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR PROPEL NONPROFITS TO HELP ADVANCE ITS CHARITABLE MISSION AND SUPPORT THE WORK OF OTHERS |
| Mcknight Foundation | $150K | 2024 | for general operating support |
| Mcknight Foundation | $125K | 2024 | to support census and survey awareness and education programs |
| Mcknight Foundation | $75K | 2024 | to leverage power to transform systems and ensure intersectional equity is achieved |
| Joyce Foundation | $35K | 2024 | DEMOCRACY |
| Hugh J Andersen Foundation | $30K | 2024 | GENERAL OPERATING & ST CROIX PROJECT |
| Mcknight Foundation | $25K | 2024 | to leverage power to transform systems and ensure intersectional equity is achieved |
| Mcknight Foundation | $25K | 2024 | to leverage power to transform systems and ensure intersectional equity is achieved |
| Mcknight Foundation | $15K | 2024 | to support arts and abolition work and a living archive that organizes opportunities for artists of color to create art and engage in community care and creativity |
| Bush Foundation | $10K | 2024 | ADVANCE PROPEL NONPROFITS' CHARITABLE MISSION TO INCREASE THE FINANCIAL CAPACITY OF NONPROFITS |
| Target Foundation | $350K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN (RESPONSIVE) |
| Target Foundation | $350K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN (RESPONSIVE) |
| Jerome Foundation Inc. | $300K | 2023 | Support for the Seeding Cultural Treasures, a Minnesota-based collaborative - cont. funding initiative to support BIPOC arts organizations |
| Jerome Foundation Inc. | $300K | 2023 | Support for the Seeding Cultural Treasures, a Minnesota-based collaborative - cont. funding initiative to support BIPOC arts organizations |
| Bush Foundation | $160K | 2023 | PROPEL NONPROFITS IS AN INTERMEDIARY AND COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT SUPPORTS NONPROFITS PRIMARILY IN MINNESOTA. THEY PROVIDE A NUMBER OF CAPACITY-BUILDING SERVICES AND ACCESS TO CAPITAL. THEY ALSO SERVE AS FISCAL SPONSOR FOR ORGANIZATIONS THAT DO NOT YET HAVE 501C3 STATUS. ECOSYSTEM GRANTS PROVIDE GENERAL OPERATING SUPPORT FOR ORGANIZATIONS THAT SUPPORT OTHERS TO SOLVE PROBLEMS IN THEIR COMMUNITIES. |
| Target Foundation | $150K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| Mcknight Foundation | $150K | 2023 | For general operating support - Propel supports Minnesota's nonprofit sector by providing technical assistance, capital deployment, leadership support and development, and strategic services. |
| Mcknight Foundation | $150K | 2023 | To cultivate the purpose, prosperity, and power of all young people in Minnesota |
| Target Foundation | $150K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM) |
| Mcknight Foundation | $125K | 2023 | To support census and survey awareness and education programs |
| Otto Bremer Trust | $125K | 2023 | GENERAL OPERATIONS |
| Mcknight Foundation | $100K | 2023 | For leadership transition support |
| Pohlad Family Foundation | $100K | 2023 | PROGRAM |
| Otto Bremer Trust | $70K | 2023 | BRIDGEMAKERS YOUTH LEADERSHIP & CAREER DEVELOPMENT |
| Patrick & Aimee Butler Family Foundation | $60K | 2023 | GENERAL OPERATING SUPPORT |
| Target Foundation | $50K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Target Foundation | $50K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| F R Bigelow Foundation Trust 555 | $30K | 2023 | AS FISCAL SPONSOR FOR THE MARKET ENTRY FUND FOR EAST METRO FUND |
| F R Bigelow Foundation Trust 555 | $30K | 2023 | AS FISCAL SPONSOR FOR THE MARKET ENTRY FUND FOR EAST METRO FUND |
| Hugh J Andersen Foundation | $25K | 2023 | GENERAL OPERATING & ST CROIX PROJECT |
| Hugh J Andersen Foundation | $25K | 2023 | GENERAL OPERATING & ST CROIX PROJECT |
| John & Denise Graves Foundation | $5K | 2023 | DISCRETIONARY |
| Margaret A Cargill Foundation | $750K | 2022 | ROOTED TO LAST |
| Margaret A Cargill Foundation | $750K | 2022 | ROOTED TO LAST |
| Jerome Foundation Inc. | $300K | 2022 | Support for the Seeding Cultural Treasures collaborative funding initiative |
| Otto Bremer Trust | $125K | 2022 | GENERAL OPERATIONS |
| Otto Bremer Trust | $125K | 2022 | GENERAL OPERATIONS |
| Mcknight Foundation | $125K | 2022 | For general operating support |
| Mcknight Foundation | $125K | 2022 | For general operating support |
| Bush Foundation | $100K | 2022 | THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR PROPEL NONPROFITS TO HELP ADVANCE ITS CHARITABLE MISSION |
| Bush Foundation | $100K | 2022 | THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR PROPEL NONPROFITS TO HELP ADVANCE ITS CHARITABLE MISSION |
| Mcknight Foundation | $80K | 2022 | To build the capacity of a youth-led movement to increase the democratic participation, educational opportunity, and long-term financial prosperity of BIPOC youth and young adults in Minneapolis and St. Paul |
| Mcknight Foundation | $80K | 2022 | To build the capacity of a youth-led movement to increase the democratic participation, educational opportunity, and long-term financial prosperity of BIPOC youth and young adults in Minneapolis and St. Paul |
| Patrick & Aimee Butler Family Foundation | $60K | 2022 | GENERAL OPERATING SUPPORT |
| Otto Bremer Trust | $60K | 2022 | BRIDGEMAKERS |
| Patrick & Aimee Butler Family Foundation | $60K | 2022 | GENERAL OPERATING SUPPORT |
| Otto Bremer Trust | $60K | 2022 | BRIDGEMAKERS |
| C H Robinson Worldwide Foundation | $55K | 2022 | CAPACITY BUILDING PROGRAM |
| C H Robinson Worldwide Foundation | $55K | 2022 | CAPACITY BUILDING PROGRAM |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of the Treasury | 9 awards totaling $12,572,443 | $12.6M | 2024 |
| Department of Agriculture | 1 awards totaling $486,000 | $486K | 2024 |
Frequently Asked Questions
What does Propel Nonprofits do?
Propel Nonprofits is a nonprofit organization focused on philanthropy & grantmaking, based in MINNEAPOLIS, MN. It is classified under IRC Section 501(c)(03).
Who funds Propel Nonprofits?
Propel Nonprofits has received foundation grants from Margaret A Cargill Foundation, Bush Foundation, Mcknight Foundation, and others. It has also received federal awards from Department of the Treasury, Department of Agriculture.
What is Propel Nonprofits's annual revenue?
Propel Nonprofits reports total assets of $61.7M. Annual income is $23M.
Where is Propel Nonprofits located?
Propel Nonprofits is located in MINNEAPOLIS, MN.
Is Propel Nonprofits a 501(c)(3)?
Yes, Propel Nonprofits is a 501(c)(3) tax-exempt organization. Its EIN is 41-1916337. Donations to this organization may be tax-deductible.
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