How much did XCEL ENERGY FOUNDATION grant in FY2024?

Philanthropy$11MEducation$5.3MArts & Culture$4.0MHuman Services$3.1MYouth Development$1.7MEnvironment$1.7MRecreation & Sports$832kCommunity Improvement$830kAnimals$646kOther$16M

02beneath the categories

Past the labels — and the year it shifted

Beneath the NTEE codes, this is what the grant descriptions actually say.

…and in their own words, year by year

2019

employee donationsteam volunteeremployee participationeconomic sustainabilityarts cultureout cycleenvironment

2020

education employeesustainability employeecovid employeeculture employeevolunteer employeeeconomic sustainabilitystrategic philanthrophy

2021

employee educationemployee volunteeremployee economicemployee artseconomic sustainabilityemployee environmentalarts culture

2022

stem careercareer pathwaysdollars doingenvironmental sustainabilitydoing budgetwaybudget stem

2023

credit cardpayroll deductionprevious creditcard payrolldollars doingprevious higherdeduction higher

Words distinctive to each year’s grant purposes (TF-IDF) · event-driven terms in cyan.

03FY2024 · 1814 grants

Where the money goes

Your grants by size, and where they go.

By grant size · FY2024

Under $10k1548 grants · $1.8M
$10k–50k259 grants · $4.1M
$50k–250k4 grants · $241k
$250k+3 grants · $1.6M

$521

Median grant

States reached

$2.1M

Total assets

Largest grants

GREATER TWIN CITIES UNITED WAY$619,552
MILE HIGH UNITED WAY INC$529,417
THE UNITED WAY INC$496,117
WEST TEXAS A & M UNIVERSITY FOUNDATION$70,886
UNITED WAY OF PUEBLO COUNTY COLORADO INC$60,355
LUBBOCK AREA UNITED WAY INC$59,216
COMMUNITY FOOD SHARE$51,000
UNITED WAY OF THE GREATER CHIPPEWA VALLEY INC$48,417
WRIGHT COUNTY AREA UNITED WAY$44,680
UNITED WAY OF GOODHUE WABASHA & PIERCE COUNTIES$40,971
SHERBURNE COUNTY AREA UNITED WAY$40,577
UNITED WAY OF HASTINGS$35,592
UNITED WAY OF WASHINGTON COUNTY EAST INC$32,298
UNIVERSITY OF MINNESOTA FOUNDATION$32,076
THE GREENWAY FOUNDATION INC$30,510

02The need

Do your dollars go where the need is?

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

show:

Your human-services grants (FY19–24, $1.8M) land where the poverty rate runs at 11% — the area typically sits at 10%. 86% of those dollars reach neighborhoods with above-average need. Most of your grants land in higher-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

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; grantee ZIP can differ from where services are delivered.

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA, United Way ALICE — shown as context about the area, never attributed to your giving.

03Your edge

repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

95%of every dollar goes to organizations you’ve funded before.

$43M · 1635 repeat orgs$2.1M to everyone else

1635 repeat relationships — 1056 still active in FY2024, 579 since wound down; 71 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

1635

294

Total granted

$43M

$1.8M

Median revenue growth · since first grant

+39%

+41%

Still filing today

73%

41%

New vs renewed · share of each year

In FY2024, 96% of grant dollars renewed an existing relationship; $308k went to new ones.

RenewedFirst-time

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

EducationHuman ServicesArts & CultureHealthPhilanthropyRecreation & SportsOther

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). 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

MILE HIGH UNITED WAY INC
6× · 2019–2024 · $3.7M · revenue +58%
TU
THE UNITED WAY INC
5× · 2019–2024 · $978k · revenue +0%
CR
COLORADO RESTAURANT FOUNDATION
2× · 2020–2021 · $650k · revenue +112%

Funded once

VA
VIBRANT AND SAFE DOWNTOWNgraduated
one grant, 2021 · $250k · revenue +94%
MC
MINNEAPOLIS CHAMBER OF COMMERCE FOUNDATION
one grant, 2021 · $150k
SP
ST PAUL HARVARD BUSINESS SCHOOL
one grant, 2021 · $150k

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

04Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

Minnesota Business Partnership

To maintain a high quality of life for all minnesotans.

—

United Way of Ne Minnesota

Invest in nonprofits, programs, collaborations that equip, empower and create opportunities for all to thrive.

—

Midwest Dairy Association

Midwest dairy works with others to give consumers an excellent dairy experience increasing sales, fostering innovation, and inspiring consumer confidence of dairy products and practices.

—

Minnesota Chamber of Commerce and

Advance public policy & job growth strategies to create an environment for businesses to prosper

—

Augustana College

Offer a challenging education that develops the qualities of mind, spirit and body for students.

Education

Reach for Resources Inc

Empowering people of all abilities to reach their full potential.

—

Minnesota Medical Association

Be the leading voice of medicine to make minnesota the healthiest state & the best place to practice

—

Minnesota State University Student

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 system, local, state, and…

Education

Regional West Health Services

Health care services for the people of western nebraska and eastern wyoming.

Health

Minneapolis College of Art and Design

Embolden creative leaders to transform society through equity, empathy, & imagination.

Education

St Cloud Downtown Alliance Foundation

Enhancing and strengthening our community and our regional core.

—

Colorado Legal Services

Provides access to quality civil legal services to as many people in colorado as possible.

Crime & Legal

For reference, the grantee most central to the portfolio’s shape is United Way of Central Minnesota and the most unlike its peers is 58 hoops. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.

the sector your giving your giving is ahead of the sector the sector’s ahead of you· dot size = how much the theme matters to each side

Ordered by the change in your giving — leaning in on top, pulling back at the bottom. The bar between the two dots is how out of step you are with the sector. Hover any row for detail.

Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.

Your grantees are a median of 29 years old; the field is 16. You back the established end — and your money leans older still.

The field is 22% startups (under 5 years old) — 3% of your grantees by number, and just 1% of your money.

Closures · last 5 years

The orgs you fund almost never close — 0.6% lost their exemption, against 11% of the field you don’t fund.

orgs you fund

0.6%21/3,414

the rest of the field

11%

206,143/1,816,151

Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.

05the grantee network

1397 grantees, every filing reconciled, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue.

Load-bearing (≥25% of a budget)

476

Early backer (in before they grew)

1352/1397

Grantees still filing

1071/1397

Grew since you first funded

Where your money sits — by cause, then by grantee

Other$17,893,396Philanthropy$11,136,468Education$5,348,370Arts & Culture$3,978,929Human Services$3,066,213Youth Development$1,689,888Environment$1,658,791

Each org by its size and your share of it — top-left is where you’re load-bearing

Go grantee by grantee — a decade per org, and how each moved after you funded them

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

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.

The Hubbard Broadcasting FoundationMN79.1× affinity63 shared granteesties to 8 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Hubbard Broadcasting Foundation · Pohlad Family Foundation · The Jamf Nation Global Foundation · Fr Bigelow Foundation · Fred C and Katherine B Andersen Foundation · Schlessman Foundation Inc · Target Foundation · Andersen Corporate Foundation · The Janus Henderson Foundation · Hardenbergh Foundation · Boettcher Foundation · The K Foundation

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organisation XCEL ENERGY FOUNDATION funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.

2024

’20’21’22’23’24

no gov moneyreceives it· size = income

0get no government money at all

0rely on government for over half their income

typical government reliance, FY20–24

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. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not 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 12–24 months.

05Through Plinth

Through Plinth

Your grantmaking, live and operational

This dossier was generated cold from public filings. In Plinth it’s a working system — every applicant assessed and every grant monitored. Here’s a taste, run on one of your grantees: WRIGHT COUNTY AREA UNITED WAY.

Agentic due diligence · confidence × risk

Financial management

insufficient risk

Limited financial data in public filings.

Track record & reputation

low risk

8 years of Form 990 filings, still active.

Legal standing

low risk

US 501(c)(3); EIN 410881325 on file with current IRS Form 990 filings.

Governance

Live in Plinth

Board composition & governance documents — verified live in Plinth from the applicant.

Compliance & sanctions

Live in Plinth

OFAC / UN sanctions screening — run live in Plinth at assessment.

Program capacity

Live in Plinth

Staffing, M&E and activity alignment — assessed live in Plinth from submitted proposals.

Live · Plinth’s real DD engine

Run the actual assessment on WRIGHT COUNTY AREA UNITED WAY, cold from public data.

Generated live from public IRS filings + open web sources by Plinth’s agentic engine. Shown as an illustration of the product, not a formal assessment.

Post-award monitoring · continuous checks

Awaiting reportFinancial stability— Runway not derivable from filings.
WatchSustained operations— Filing through 2024; revenue contracted over the period.
WatchReliance on your funding— Your grants peaked at 43% of their budget — load-bearing; a dependency Plinth would track.
Awaiting reportEvidence of delivery— Plinth collects the grantee's own monitoring reports post-award.

What you see here is static and public. In Plinth it’s operational — the full six-pillar framework on every applicant (with their own documents + live registry and sanctions checks), monitoring dashboards on every award, custom board reports, and eligibility routing for intake.

Agentic due diligenceMonitoring dashboardsCustom board reportsEligibility routing

Preview generated from this grantee’s public IRS filings and independent reporting. Pillars marked “live in Plinth” require the applicant’s submitted documents. Shown as illustration, not a formal assessment.

Warm introductions · Powered by PlinthPro

How do I get to Xcel Energy Foundation?

Find your warmest path to Xcel Energy Foundation through people who sit on both boards. Search for your organization and Plinth traces the introduction across shared trustees and officers.

Every link is a documented governance overlap in public IRS 990 filings — not a personal network — and each hop carries its own confidence tier. Low-confidence or distant paths are held back rather than guessed.

More from the funding graph

The regranting layer

51% of grant dollars pass through an intermediary

The DAF merry-go-round

$9.7B circulates between donor-advised funds

Strange bedfellows

the named clusters of US funding

The camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home

State money flows

the interactive map of money crossing state lines