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Minnesota · Private foundation

Inventure Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$13k
Granted FY2024(still arriving)
4
Grants FY2024
7
Organizations funded FY2023
43%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$2,500
Largest grant, FY2024
$10,500
Organizations funded a year
5 to 10
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$3k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 43% of the organizations Inventure Foundation funded were first-time grantees, receiving 3% of its grant dollars.

New vs renewed · share of each year

In FY2023, 97% of grant dollars renewed an existing relationship; $999 went to new ones.

50%100%’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23
Human ServicesEducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving4$13k50%
FY20237$37k43%
FY202210$17k60%
FY20215$13k60%
FY20207$10kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Health$60kHuman Services$30kFood & Nutrition$11kCommunity Improvement$4kYouth Development$879Recreation & Sports$811Education$460Arts & Culture$250Other$0

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Quiet Oaks$12,50040%
Anna Marie's Alliance$2,03520%
Greater St Cloud Development Corporation$2,00020%
Paramount Center for the Arts$25010%
Sauk Rapids-Rice School District$1801n/a
St Cloud State University Foundation Inc$10010%

Plus 15 recipients with no EIN on record ($73k), not named here.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

CommunitygivingMN19.7× affinity7 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Communitygiving · Rick and Helga Bauerly Foundation · Granite Partners Foundation of Minnesota Inc · Morgan Family Foundation · Xcel Energy Foundation · Central Minnesota Arts Board · Initiative Foundation · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Inventure Foundation with peer funders

About Inventure Foundation

How much does Inventure Foundation give?
Inventure Foundation reported 4 grants totaling $13,496 in its FY2024 IRS filing. It funded between 5 and 10 organizations a year over FY2020 to FY2023.
What does Inventure Foundation fund?
By grant dollars over FY2020 to FY2024, its largest causes are Health (56%), Human Services (28%), Food & Nutrition (10%).
Who are Inventure Foundation's largest grantees?
By total granted over FY2020 to FY2024: Quiet Oaks ($13k), Anna Marie's Alliance ($2k), Greater St Cloud Development Corporation ($2k).
Does Inventure Foundation fund new organizations?
In FY2023, 43% of the organizations it funded were first-time grantees.
Does Inventure Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Inventure Foundation?
Its strongest co-funders, measured against what their size predicts, include Communitygiving, Rick and Helga Bauerly Foundation, Granite Partners Foundation of Minnesota Inc.
Where is Inventure Foundation based?
Inventure Foundation is based in MN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 22 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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