Minnesota · Nonprofit
BEST BUY FOUNDATION
BEST BUY FOUNDATION (Minnesota) receives grants from 11 organizations whose IRS filings report $6,197,158 to it, the largest being THE RICHARD M SCHULZE FAMILY FOUNDATION ($5,285,000). 5 of them have funded it in more than one year.
Against its field
BEST BUY FOUNDATION holds deeper cash reserves than three-quarters of the 393 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 393 philanthropy nonprofits $10M–$100M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Fredrikson & Byron Foundationshared funders
- Prime Coalition Incportfolio match
- Elton Family Foundationportfolio match
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $100k → $101k.
2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BEST BUY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BEST BUY FOUNDATION leans on a few funders — its largest provides 85% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2019 83% · 2020 100% · 2021 66% · 2022 52% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
17% of BEST BUY FOUNDATION's funders are still giving 2 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
86% of BEST BUY FOUNDATION's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $77k arriving through sponsors registered in 2 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
- Fredrikson & Byron Foundationshared fundersMN · backs 20 organizations that share your funders
- Prime Coalition Incportfolio matchits grantees resemble your mission
- Elton Family Foundationportfolio matchits grantees resemble your mission
- Craig and Connie Thatcher Foundationportfolio matchits grantees resemble your mission
- United Food and Commercial Workers Union Local No 75portfolio matchits grantees resemble your mission
- The Johnny Damon Foundation Incportfolio matchits grantees resemble your mission
- Ralph & Elizabeth Anderson Charitable Foundationportfolio matchits grantees resemble your mission
- The Harold and Carole Pump Foundation (Fka the Harold Pump Foundation)portfolio matchits grantees resemble your mission
- The Everybody Wins Foundationportfolio matchits grantees resemble your mission
- Bethel Woods Center for the Arts Incportfolio matchits grantees resemble your mission
- Kenneth Cole Productions Foundationportfolio matchits grantees resemble your mission
- The Callagy Christian Foundation Incportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like BEST BUY FOUNDATION
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for BEST BUY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BEST BUY FOUNDATION?
- BEST BUY FOUNDATION (Minnesota) receives grants from 11 organizations whose IRS filings report $6,197,158 to it, the largest being THE RICHARD M SCHULZE FAMILY FOUNDATION ($5,285,000). 5 of them have funded it in more than one year.
- How many funders does BEST BUY FOUNDATION have?
- IRS filings report 11 organizations giving $6,197,158 in grants to BEST BUY FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of BEST BUY FOUNDATION?
- THE RICHARD M SCHULZE FAMILY FOUNDATION is the largest funder on record, with $5,285,000 in grants. The full list of funders is on this page.
- How can an organization like BEST BUY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing