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· Private foundation

Michael J & Karen B Frey Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$756k
Granted FY2025still arriving
41
Grants FY2025still arriving
10
States reached
$250k
Largest
01What it funds
0192% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$1.6MPublic Benefit$526kCrime & Legal$385kScience & Tech$193kReligion$123kPublic Safety & Disaster$109kAnimals$56kHealth$50kOther$0
02FY2025 · 41 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k29 grants · $59k
  • $10k–50k6 grants · $127k
  • $50k–250k5 grants · $320k
  • $250k+1 grant · $250k
$2,500
Median grant
10
States reached
$3.9M
Total assets
Largest grants
RecipientAmount
FRIENDS OF EDUCATION$250,000
UPPER MIDWEST LAW CENTER$100,000
PROVIDENCE ACADEMY$70,000
MINNESOTA VOTERS ALLIANCE$50,000
CENTER OF THE AMERICAN EXPERIMENT$50,000
INSTITUTE FOR JUSTICE$50,000
Individual grant recipient$25,000
THE BASILLICA LANDMARK$25,000
WESTON COUNTY FIRE PROTECTION DISTRICT$25,000
ALPHA NEWS$25,000
Individual grant recipient$17,000
SAINT PAUL & MINNESOTA FOUNDATION$10,000
BREAKTHROUGH T1D$6,000
ST DAVID'S CENTER$5,000
ST PAUL'S CATHOLIC CHURCH$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY19–25, $4k) land where the poverty rate runs at 12%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%ADVOCATES INC: $200 → 14%HOUSE OF THE GOOD SHEPHERD: $1k → 14%GREATER MINNEAPOLIS CRISIS NURSERY: $1k → 11%BLOOM EARLY LEARNING & CHILD CARE: $200 → 11%THE BELIEVE FOUNDATION: $1k → 11%HELPING PAWS INC: $500 → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
WA
ID
MT
MN
IL
WI
NY
WY
IN
NJ
CA
CO
VA
DC
OK
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

90%of every dollar goes to organizations it has funded before.
$3.5M · 35 repeat orgs$409k to everyone else

Grantees it renews have grown median revenue +36% since the first grant, against +21% for those funded once.

35 repeat relationships: 14 still active in FY2025, 21 since wound down; 25 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

35
57

Total granted

$3.5M
$303k

Median revenue growth · since first grant

+36%
+21%

Still filing today

57%
46%

New vs renewed · share of each year

In FY2025, 86% of grant dollars renewed an existing relationship; $107k went to new ones.

50%100%’19’20’21’22’23’24’25
RenewedFirst-time

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

’19’20’21’22’23’24’25
EducationHealthHuman ServicesYouth DevelopmentPublic BenefitPhilanthropyOther
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.

Backed again, and grew

  • PA
    PROVIDENCE ACADEMY
    7× · 2019–2025 · $930k · revenue +36%
  • FO
    FRIENDS OF EDUCATION
    4× · 2019–2025 · $542k · revenue +32%
  • IF
    INSTITUTE FOR JUSTICE
    7× · 2019–2025 · $300k · revenue +57%

Funded once

  • RM
    ROCKY MOUNTAIN ELK FOUNDATION INC
    one grant, 2020 · $50k
  • SJ
    SAINT JOHN THE BAPTIST
    one grant, 2024 · $26k
  • CC
    CROOK COUNTY
    one grant, 2022 · $25k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Minnesota Medical Association

To be the leading voice of medicine to make minnesota the healthiest state and the best place to practice.

—
2
Minnesota Business Partnership

The minnesota business partnership's mission is to maintain a high quality of life for all minnesotans by ensuring that the state's economy remains strong, globally competitive and its prospects for growth bright by working with elected…

—
3
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
4
Minnesota State University Student Association Inc

Led by minnesota state university students, we are the inclusive voice for all future, current, and former students. we actively work to represent and support minnesota state university students and advocate at a campus, state, and federal…

Education
5
University of Minnesota Foundation Investment Advisors

To provide the highest level of stewardship for university donors through professional management and oversight of the university of minnesota foundation's assets by creating a focused investment environment with clarity of purpose,…

Education
6
Great Mn Schools

We believe that great schools are the cornerstone of a just and thriving community. ensuring that every child is able to attend a school that works is our moral and social imperative - our children deserve no less.

Education
7
Mitchell Hamline School of Law

Mitchell hamline school of law is an independent law school that advances its mission through a combination of legal education, public service, and community engagement. it is dedicated to preparing students to practice law, while also…

Education
8
Federation of State Medical Boards of the United States Inc

The fsmb serves as the voice for state medical boards, supporting them through education, assessment, research and advocacy while providing services and initiatives that promote patient safety, quality health care and regulatory best…

Health
9
The Minneapolis Foundation

The foundation cultivates generosity by taking action on the greatest civic, social, and economic needs partnering with nonprofits, facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a…

Philanthropy
10
Minnesota Council on Foundations

MCF is a vibrant philanthropic community connecting, strengthening and mobilizing the power of philanthropy to advance prosperity and equity.

—
11
Boston Architectural College

The bac is committed to provide excellence in design education grounded in practice and accessible to diverse communities.

—
12
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
How this is measured
The grantee most central to the portfolio’s shape is Children's Health Care Foundation; the most unlike its peers is Flaherty Family Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

64 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 64 of the 119 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
14
Early backer (in before they grew)
63/64
Grantees still filing
40/64
Grew since first funded

Where the money sits, by cause and then by grantee

PROVIDENCE ACADEMY: $930,000 · EducationPROVIDENCE ACADEMYFRIENDS OF EDUCATION: $542,000 · EducationFRIENDS OF EDUCATION+8 more: $72,950 · EducationALPHA NEWS: $225,000 · OtherALPHA NEWSCENTER FOR AMERICAN EXPERIMENT: $193,000 · OtherCENTER FOR AMERICAN EXPERIMENTUMLC: $175,000 · OtherUMLCCROOK COUNTY SCHOOL DISTRICT: $110,000 · OtherCROOK COUNTY SCHOOL DISTRICTCROOK COUNTY - FIRE FUND: $55,000 · OtherWESTON COUNTY FIRE PROTECTION DISTRICT: $50,000 · OtherIndividual grant recipient: $50,000 · OtherROCKY MOUNTAIN ELK FOUNDATION INC: $50,000 · Other+88 more: $474,287 · Other+88 moreINSTITUTE FOR JUSTICE: $300,000 · Civil RightsUPPER MIDWEST LAW CENTER: $235,000 · Crime & LegalMINNESOTA VOTERS ALLIANCE: $225,000 · Public Benefit+2 more: $1,500 · Public BenefitCenter of the American Experiment: $200,000 · Youth DevelopmentTREEHOUSE: $20,000 · Youth Development+2 more: $6,000 · Youth DevelopmentSAINT PAUL & MINNESOTA FOUNDATION: $32,000 · PhilanthropyFLAHERTY FAMILY FOUNDATION: $16,000 · Philanthropy+2 more: $1,150 · Philanthropy
Education$1,544,950Other$1,382,287Civil Rights$300,000Crime & Legal$235,000Public Benefit$226,500Youth Development$226,000Philanthropy$49,150

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetPROVIDENCE ACADEMY: $930,000 over 7y, 1.2% of budgetFRIENDS OF EDUCATION: $542,000 over 4y, 17% of budgetINSTITUTE FOR JUSTICE: $300,000 over 7y, 0.1% of budgetUPPER MIDWEST LAW CENTER: $235,000 over 4y, 14% of budgetMINNESOTA VOTERS ALLIANCE: $225,000 over 7y, 14% of budgetALPHA NEWS: $225,000 over 7y, 28% of budgetCenter of the American Experiment: $200,000 over 3y, 2.1% of budgetFOLDS OF HONOR FOUNDATION: $39,000 over 3y, 0.0% of budgetSAINT PAUL & MINNESOTA FOUNDATION: $32,000 over 4y, 0.0% of budgetEdChoice Inc: $25,000 over 1y, 0.3% of budgetTREEHOUSE: $20,000 over 2y, 0.1% of budgetFLAHERTY FAMILY FOUNDATION: $16,000 over 1y, 3.7% of budgetTREEHOUSE INC: $16,000 over 2y, 0.2% of budgetPERSPECTIVES INC: $10,000 over 2y, 0.1% of budgetChildren's HopeChest: $10,000 over 2y, 0.1% of budgetBREAKTHROUGH T1D: $7,000 over 2y, 0.0% of budgetThe Banyan Foundation: $6,500 over 1y, 0.4% of budgetCOMO FRIENDS: $5,555 over 4y, 0.0% of budgetKaren Wyckoff Rein in Sarcoma: $5,000 over 1y, 0.7% of budgetSAINT JOHN'S UNIVERSITY: $3,500 over 2y, 0.0% of budgetWYOMING STATE 4-H FOUNDATION: $3,000 over 1y, 0.2% of budgetWIKIMEDIA FOUNDATION INC: $2,750 over 3y, 0.0% of budgetUniversity of St Thomas: $2,500 over 1y, 0.0% of budgetAmerican Heart Association Inc: $2,000 over 2y, 0.0% of budgetAnimal Humane Society: $1,500 over 2y, 0.0% of budgetMINNESOTA LANDSCAPE ARBORETUM FOUNDATION: $1,250 over 2y, 0.0% of budgetHonor Flight Maine Inc: $1,000 over 1y, 1.4% of budgetCOMMUNITY HOUSING SOLUTIONS OF GUILFORD INC: $1,000 over 1y, 0.0% of budgetNATIONAL MULTIPLE SCLEROSIS SOCIETY: $1,000 over 1y, 0.0% of budgetFRIENDS OF THE HENNEPIN COUNTY LIBRARY: $1,000 over 1y, 0.0% of budgetGREATER MINNEAPOLIS CRISIS NURSERY: $1,000 over 1y, 0.0% of budgetSPECIAL OLYMPICS MINNESOTA INC: $1,000 over 1y, 0.0% of budgetINNERCITY TENNIS FOUNDATION: $1,000 over 2y, 0.0% of budgetEB RESEARCH PARTNERSHIP INC: $1,000 over 1y, 0.0% of budgetBELIEVE FOUNDATION: $1,000 over 1y, 0.3% of budgetCHILDREN'S HEALTH CARE FOUNDATION: $1,000 over 1y, 0.0% of budgetHouse of the Good Shepherd: $1,000 over 1y, 0.1% of budgetHILLSDALE COLLEGE: $1,000 over 1y, 0.0% of budgetMINDS MATTER OF THE TWIN CITIES INC: $1,000 over 1y, 0.5% of budgetINTERFAITH OUTREACH AND COMMUNITY PARTNERS: $600 over 1y, 0.0% of budgetGLEASON LAKE ELEMENTARY PTO INC: $500 over 1y, 1.2% of budgetThe Pennington School: $500 over 1y, 0.0% of budgetTHE AMERICAN SWEDISH INSTITUTE: $500 over 1y, 0.0% of budgetHOLY ANGELS INC: $500 over 1y, 0.0% of budgetAmerican Diabetes Association: $500 over 1y, 0.0% of budgetChange the Outcome: $500 over 1y, 0.1% of budgetSweet Paws Rescue Inc: $500 over 1y, 0.0% of budgetWAYZATA YACHT CLUB: $500 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds PROVIDENCE ACADEMY ↗
  • Who funds FRIENDS OF EDUCATION ↗
  • Who funds INSTITUTE FOR JUSTICE ↗
  • Who funds UPPER MIDWEST LAW CENTER ↗
  • Who funds MINNESOTA VOTERS ALLIANCE ↗
  • Who funds ALPHA NEWS ↗
  • Who funds Center of the American Experiment ↗
  • Who funds FOLDS OF HONOR FOUNDATION ↗
  • Who funds SAINT PAUL & MINNESOTA FOUNDATION ↗
  • Who funds EdChoice Inc ↗
  • Who funds THE BASILICA LANDMARK ↗
  • Who funds TREEHOUSE ↗
  • Who funds FLAHERTY FAMILY FOUNDATION ↗
  • Who funds TREEHOUSE INC ↗
  • Who funds PERSPECTIVES INC ↗
  • Who funds Children's HopeChest ↗
  • Who funds BREAKTHROUGH T1D ↗
  • Who funds The Banyan Foundation ↗

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.

The Minneapolis FoundationMN32.1× affinity16 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Minneapolis Foundation · Saint Paul & Minnesota Foundation · Pine Rock Foundation Inc · Mightycause Charitable Foundation · Catholic Community Foundation of Minnesota · Bieber Family Foundation · The Walser Foundation · The US Charitable Gift Trust · Xcel Energy Foundation · Mithun Family Foundation · United Way Worldwide · Pohlad Family 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.

How much its grantees rely on government

Each dot is one organization Michael J & Karen B Frey Foundation funds: left to right is the share of its income from government, bottom to top the share from Michael J & Karen B Frey Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 20%1%4%8%15%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 3%
  • Naples Botanical Garden Inc: 3% of income from government
no gov moneyreceives it· size = income
2get no government money at all
9report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

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 119 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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