MINNEAPOLIS, MN
Summit Academy Oic
Quick Facts
- EIN
- 41-0908458
- Location
- MINNEAPOLIS, MN
- Category
- Education
- NTEE Code
- B28
- Total Assets
- $19.9M
- Annual Income
- $12.4M
- Annual Revenue
- $12M
- IRS Ruling Year
- 1967
- Tax Subsection
- 501(c)(03)
About This Organization
Summit Academy Oic is a nonprofit organization based in MINNEAPOLIS, MN. It received its IRS tax-exempt ruling in 1967. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $19.9M. Annual income is $12.4M. The organization has received $3.3M in foundation grants from 29 funders. It has received $24.5M in federal awards from 2 agencies.
Grants Received from Foundations
Foundation grants awarded to Summit Academy Oic, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Target Foundation | $150K | 2024 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Margaret A Cargill Foundation | $500 | 2024 | EMPLOYEE SERVICE AWARD |
| Otto Bremer Trust | $200K | 2023 | GENERAL OPERATIONS |
| The Richard M Schulze Family Foundation | $167K | 2023 | EDUCATION |
| Wilson Foundation | $150K | 2023 | JOINT/WORKFORCE GRANT TO SUMMIT ACADEMY |
| Ciresi Walburn Foundation For Children | $125K | 2023 | TRAINING THE EMERGING WORKFORCE |
| Synchrony Foundation | $125K | 2023 | FUNDING SUPPORTS GENERAL OPERATIONS AND PROGRAMMING. |
| Target Foundation | $100K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Opus Foundation | $100K | 2023 | Increase Pipeline in Construction |
| Target Foundation | $100K | 2023 | ECONOMIC OPPORTUNITY - HOMETOWN |
| Cargill Foundation | $100K | 2023 | SUMMIT NSSTEM'S MOBILE INNOVATION LAB AND TECHCONNECTS! PROGRAM EXPANSIONS |
| Abbott Fund | $80K | 2023 | Summit Academy OIC STEM Education and Career Pathways |
| Simpson Family Foundation | $50K | 2023 | SUPPORT INDIVIDUALS IN THE COMMUNITY |
| James C And Norma I Smith Foundation | $50K | 2023 | GENERAL SUPPORT |
| The Alice And Fred Wall Family Foundation | $25K | 2023 | GENERAL |
| Andersen Corporate Foundation | $20K | 2023 | Creating a Black Middle Class Through No-cost Training in the Skilled Trades |
| Lulu Foundation | $20K | 2023 | TO ASSIST INDIVIDUALS IN DEVELOPING THEIR ABILITY TO EARN AND TO BECOME CONTRIBUTING CITIZENS IN THEIR COMMUNITY. |
| Hardenbergh Foundation | $20K | 2023 | GENERAL OPERATING |
| Js Howe Family Foundation | $20K | 2023 | EDUCATION |
| Xcel Energy Foundation | $15K | 2023 | COMMUNITY VITALITY MATCH CREDIT CARD DONATION (HIGHER ED) |
| David Winton Bell Foundation | $15K | 2023 | EDUCATION AND VOCATIONAL TRAINING ECONOMINCALLY DEPRESSED NEIGHBORHOODS |
| Sit Investment Associates Foundation | $13K | 2023 | OPERATING |
| Sandcastle Foundation | $10K | 2023 | GENERAL SUPPORT GRANT |
| Caridad Corporation | $10K | 2023 | FURTHER THE TAX EXEMPT PURPOSE OF THE CHARITY |
| Longview Foundation | $5K | 2023 | GENERAL OPERATING |
| Graco Foundation | $100 | 2023 | GIFT MATCHING |
| Otto Bremer Trust | $200K | 2022 | BUILDING A BLACK MIDDLE CLASS THROUGH CAREER PATHWAYS |
| Otto Bremer Trust | $200K | 2022 | BUILDING A BLACK MIDDLE CLASS THROUGH CAREER PATHWAYS |
| Northwest Area Foundation | $150K | 2022 | BUILDING A BLACK MIDDLE CLASS THROUGH JOB TRAINING AND K-12 STEM EXPERIENCES |
| Northwest Area Foundation | $150K | 2022 | BUILDING A BLACK MIDDLE CLASS THROUGH JOB TRAINING AND K-12 STEM EXPERIENCES |
| Ciresi Walburn Foundation For Children | $125K | 2022 | TRAINING THE EMERGING WORKFORCE |
| Ciresi Walburn Foundation For Children | $125K | 2022 | TRAINING THE EMERGING WORKFORCE |
| Mcknight Foundation | $100K | 2022 | For general operating support |
| Mcknight Foundation | $100K | 2022 | For general operating support |
| Simpson Family Foundation | $71K | 2022 | SUPPORT INDIVIDUALS IN THE COMMUNITY |
| Simpson Family Foundation | $71K | 2022 | SUPPORT INDIVIDUALS IN THE COMMUNITY |
| Opus Foundation | $50K | 2022 | Alumni Network Enhancements |
| Opus Foundation | $50K | 2022 | Alumni Network Enhancements |
| James C And Norma I Smith Foundation | $50K | 2022 | GENERAL SUPPORT |
| Engelsma Family Foundation | $35K | 2022 | GENERAL OPERATING FUND |
| Andersen Corporate Foundation | $20K | 2022 | Creating a Black Middle Class Through No-cost Training in the Skilled Trades |
| Lulu Foundation | $20K | 2022 | TO ASSIST INDIVIDUALS IN DEVELOPING THEIR ABILITY TO EARN AND TO BECOME CONTRIBUTING CITIZENS IN THEIR COMMUNITY. |
| Andersen Corporate Foundation | $20K | 2022 | Creating a Black Middle Class Through No-cost Training in the Skilled Trades |
| Lulu Foundation | $20K | 2022 | TO ASSIST INDIVIDUALS IN DEVELOPING THEIR ABILITY TO EARN AND TO BECOME CONTRIBUTING CITIZENS IN THEIR COMMUNITY. |
| Hardenbergh Foundation | $20K | 2022 | GENERAL OPERATING |
| Hardenbergh Foundation | $20K | 2022 | GENERAL OPERATING |
| Xcel Energy Foundation | $15K | 2022 | COMMUNITY VITALITY |
| Xcel Energy Foundation | $15K | 2022 | COMMUNITY VITALITY |
| The Walser Foundation | $10K | 2022 | GRANT - SUMMIT 2025 |
| Chorzempa Family Foundation | $10K | 2022 | General Operations |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Education | 6 awards totaling $19,545,222 | $19.5M | 2025 |
| Department of Labor | 3 awards totaling $4,988,445 | $5M | 2025 |
Frequently Asked Questions
What does Summit Academy Oic do?
Summit Academy Oic is a nonprofit organization focused on education, based in MINNEAPOLIS, MN. It is classified under IRC Section 501(c)(03).
Who funds Summit Academy Oic?
Summit Academy Oic has received foundation grants from Target Foundation, Margaret A Cargill Foundation, Otto Bremer Trust, and others. It has also received federal awards from Department of Education, Department of Labor.
What is Summit Academy Oic's annual revenue?
Summit Academy Oic reports total assets of $19.9M. Annual income is $12.4M.
Where is Summit Academy Oic located?
Summit Academy Oic is located in MINNEAPOLIS, MN.
Is Summit Academy Oic a 501(c)(3)?
Yes, Summit Academy Oic is a 501(c)(3) tax-exempt organization. Its EIN is 41-0908458. Donations to this organization may be tax-deductible.
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