Minnesota · Private foundation
Security State Bank Foundation
Its FY2025 filing reports that it accepted unsolicited grant applications.
- $14k
- Granted FY2025(still arriving)
- 20
- Grants FY2025
- 14
- Organizations funded FY2024
- 64%
- First-time grantees FY2024
- Median grant, FY2025
- $500
- Largest grant, FY2025
- $1,000
- Organizations funded a year
- 12 to 20
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $288k
- Applications
- Takes unsolicited applications
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2024, 64% of the organizations Security State Bank Foundation funded were first-time grantees, receiving 61% of its grant dollars.
New vs renewed · share of each year
In FY2024, 39% of grant dollars renewed an existing relationship; $9k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 20 | $14k | 75% |
| FY2024 | 14 | $14k | 64% |
| FY2023 | 18 | $14k | 61% |
| FY2022 | 16 | $14k | 63% |
| FY2021 | 12 | $14k | 58% |
| FY2020 | 15 | $14k | 33% |
| FY2019 | 19 | $14k | 47% |
| FY2018 | 20 | $14k | 60% |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Salvation Army | $8,300 | 7 | n/a |
| Hibbing Farmers Market Inc | $6,250 | 8 | n/a |
| Angel Fund | $5,250 | 8 | 1% |
| Veterans Community Thrift Store | $3,500 | 3 | 1% |
| United Way of Ne Minnesota | $3,250 | 3 | 0% |
| Project Care Free Clinic | $2,250 | 4 | 0% |
| Range Engineering Council | $2,000 | 2 | 1% |
| Boys' Club of Duluth | $2,000 | 2 | 0% |
| Second Harvest Northland | $2,000 | 1 | 0% |
| Central Mesabi Medical Foundation | $1,900 | 3 | 0% |
Show all 32 grantees
What it could do for these grantees
Plus 63 recipients with no EIN on record ($71k), not named here.
Where it is load-bearing
Each grantee by its size and the share of its budget Security State Bank Foundation supplied at peak.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: Owens Family Charitable Foundation · Minnesota Power Foundation · Northland Foundation · Saint Paul & Minnesota Foundation · Smdc Medical Center · United Way of Ne Minnesota · C K Blandin Foundation · Minnesota Community Foundation · Arsher Charitable Trust · The Cleveland-Cliffs Foundation · Duluth-Superior Area Community Foundation · Minnesota Historical Society
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Security State Bank Foundation?
Find your warmest path to Security State Bank 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 Security State Bank Foundation
- How much does Security State Bank Foundation give?
- Security State Bank Foundation reported 20 grants totaling $14,000 in its FY2025 IRS filing. It funded between 12 and 20 organizations a year over FY2018 to FY2024.
- What does Security State Bank Foundation fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Education (19%), Arts & Culture (14%), Human Services (14%).
- Who are Security State Bank Foundation's largest grantees?
- By total granted over FY2017 to FY2025: Salvation Army ($8k), Hibbing Farmers Market Inc ($6k), Angel Fund ($5k).
- Does Security State Bank Foundation fund new organizations?
- In FY2024, 64% of the organizations it funded were first-time grantees.
- Does Security State Bank Foundation accept unsolicited applications?
- Its most recent filing reports that it accepts unsolicited grant applications.
- Which funders back the same organizations as Security State Bank Foundation?
- Its strongest co-funders, measured against what their size predicts, include Owens Family Charitable Foundation, Minnesota Power Foundation, Northland Foundation.
- Where is Security State Bank Foundation based?
- Security State Bank Foundation is based in MN.
Play a game based on Security State Bank’s filings →