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Minnesota · Private foundation

The Depot 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.

$559k
Granted FY2025(still arriving)
31
Grants FY2025
10
Organizations funded FY2024
20%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$8,153
Largest grant, FY2025
$149,000
Organizations funded a year
8 to 11
FY2018 to FY2024
States reached, FY2025
3
Total assets, FY2025
$8.4M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 20% of the organizations The Depot Foundation funded were first-time grantees, receiving 3% of its grant dollars.

New vs renewed · share of each year

In FY2024, 97% of grant dollars renewed an existing relationship; $16k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

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

’18’19’20’21’22’23’24
Arts & CultureOther
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
FY2025still arriving12$559k50%
FY202410$493k20%
FY20239$475k11%
FY20229$394k11%
FY20218$320k0%
FY20209$430k11%
FY201910$303k0%
FY201811$310k0%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Arts & Culture$3.5MCommunity Improvement$77kPhilanthropy$53kHuman Services$8kPublic Safety & Disaster$6kEducation$4k

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Duluth Playhouse Inc$599,002711%
St Louis County Historical Society$511,087913%
Minnesota Ballet Inc$507,185923%
Lake Superior Railroad Musuem$457,09097%
Duluth Art Institute Assoc$367,834822%
Duluth Superior Symphony Associatio$273,62895%
Historic Union Depot Corp$89,535314%
Arrowhead Chorale$60,1028n/a
Zeitgeist Center for Arts and Community$46,1501n/a
Lake Arts Project Inc$21,9092n/a
Show all 14 grantees
All grantees of The Depot Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Duluth Playhouse Inc$599,002711%
St Louis County Historical Society$511,087913%
Minnesota Ballet Inc$507,185923%
Lake Superior Railroad Musuem$457,09097%
Duluth Art Institute Assoc$367,834822%
Duluth Superior Symphony Associatio$273,62895%
Historic Union Depot Corp$89,535314%
Arrowhead Chorale$60,1028n/a
Zeitgeist Center for Arts and Community$46,1501n/a
Lake Arts Project Inc$21,9092n/a
Duluth Children's Museum Inc$18,12344%
Lyric Opera of the North$10,5001n/a
The 24 Hour Company$10,00012%
The Matinee Musicale Inc$1,7113n/a

Plus 8 recipients with no EIN on record ($686k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget The Depot Foundation supplied at peak.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetDuluth Playhouse Inc: $599,002 over 7y, 11% of budgetSt Louis County Historical Society: $511,087 over 9y, 13% of budgetMinnesota Ballet Inc: $507,185 over 9y, 23% of budgetLake Superior Railroad Musuem: $457,090 over 9y, 7.1% of budgetDuluth Art Institute Assoc: $367,834 over 8y, 22% of budgetDuluth Superior Symphony Associatio: $273,628 over 9y, 4.6% of budgetHistoric Union Depot Corp: $89,535 over 3y, 14% of budgetDuluth Children's Museum Inc: $18,123 over 4y, 4.2% of budgetThe 24 Hour Company: $10,000 over 1y, 2.2% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 9.

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.

Lloyd K Johnson FoundationMN26.3× affinity10 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Lloyd K Johnson Foundation · Duluth-Superior Area Community Foundation · Arrowhead Regional Arts Council · Pachel Foundation · Minnesota Historical Society · Northland Foundation · Wildey Mitchell Family Foundation · Ordean Foundation · Minnesota Power Foundation · Minnesota Humanities Center · The McKnight Foundation · Mightycause Charitable 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 The Depot Foundation with peer funders

About The Depot Foundation

How much does The Depot Foundation give?
The Depot Foundation reported 31 grants totaling $558,841 in its FY2025 IRS filing. It funded between 8 and 11 organizations a year over FY2018 to FY2024.
What does The Depot Foundation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Arts & Culture (96%), Community Improvement (2%), Philanthropy (1%).
Who are The Depot Foundation's largest grantees?
By total granted over FY2017 to FY2025: Duluth Playhouse Inc ($599k), St Louis County Historical Society ($511k), Minnesota Ballet Inc ($507k).
Does The Depot Foundation fund new organizations?
In FY2024, 20% of the organizations it funded were first-time grantees.
Does The Depot 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 The Depot Foundation?
Its strongest co-funders, measured against what their size predicts, include Lloyd K Johnson Foundation, Duluth-Superior Area Community Foundation, Arrowhead Regional Arts Council.
Where is The Depot Foundation based?
The Depot 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 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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