Minnesota · Private foundation
Cove Foundation
Its FY2018 filing reports that it accepted unsolicited grant applications.
- $4.8M
- Granted FY2018
- 4
- Grants FY2018
- 3
- Organizations funded FY2018
- 33%
- First-time grantees FY2018
Read this first · the figures below need context
96% of Cove Foundation’s FY2018 grant dollars went to The Minneapolis Foundation, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2018 names 3 organizations directly, so a portfolio cannot be read from it.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
- Median grant, FY2018
- $120,000
- Largest grant, FY2018
- $4,552,050
- Organizations funded a year
- 3 to 4
- FY2017 to FY2018
- States reached, FY2018
- 1
- Applications
- Takes unsolicited applications
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2018, 33% of the organizations Cove Foundation funded were first-time grantees, receiving 22% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2018 | 3 | $205k | 33% |
| FY2017 | 4 | $184k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2018.
Top grantees
Largest recipients by total granted, FY2017 to FY2018, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| St David's Center | $205,000 | 2 | 1% |
| The Banyan Foundation | $91,000 | 2 | 3% |
| Science Museum of Minnesota | $45,000 | 1 | 0% |
| Pacer Center Inc | $40,000 | 1 | 1% |
| Scholarship America Inc | $8,000 | 1 | 0% |
Warm introductions · Powered by PlinthPlus
How do I get to Cove Foundation?
Find your warmest path to Cove Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Cove Foundation
- How much does Cove Foundation give?
- Cove Foundation reported 4 grants totaling $4,757,050 in its FY2018 IRS filing. It funded between 3 and 4 organizations a year over FY2017 to FY2018.
- What does Cove Foundation fund?
- By grant dollars over FY2017 to FY2018, its largest causes are Philanthropy (92%), Youth Development (6%), Arts & Culture (1%).
- Who are Cove Foundation's largest grantees?
- By total granted over FY2017 to FY2018: St David's Center ($205k), The Banyan Foundation ($91k), Science Museum of Minnesota ($45k).
- Does Cove Foundation fund new organizations?
- In FY2018, 33% of the organizations it funded were first-time grantees.
- Does Cove Foundation accept unsolicited applications?
- Its most recent filing reports that it accepts unsolicited grant applications.
- Where is Cove Foundation based?
- Cove Foundation is based in MN.
Play a game based on Cove’s filings →