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Minnesota · Nonprofit

CENTRACARE HEALTH FOUNDATION

CENTRACARE HEALTH FOUNDATION (Minnesota) receives grants from 48 organizations whose IRS filings report $9,205,735 to it, the largest being COMMUNITYGIVING ($4,241,164). 27 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. CENTRACARE HEALTH FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2025
$24M
Funders on record
48
Grants received
$9.2M
Net assets
$101M
27/48 repeat funders

Hosts funds for others

CENTRACARE HEALTH FOUNDATION administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programCENTRACARE HEALTH FOUNDATION runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$51M

Recipients

51

Contributions on record

$20M

Donors on record

56

Payments out run 2.5x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.

01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($8.3M) Net assets 100 ($58M)2018 Revenue 109 ($13M) Expenses 170 ($14M) Net assets 98 ($56M)2019 Revenue 96 ($11M) Expenses 150 ($12M) Net assets 92 ($53M)2020 Revenue 55 ($6.4M) Expenses 120 ($10M) Net assets 81 ($47M)2021 Revenue 101 ($12M) Expenses 93 ($7.7M) Net assets 105 ($60M)2022 Revenue 119 ($14M) Expenses 70 ($5.8M) Net assets 124 ($72M)2023 Revenue 100 ($12M) Expenses 79 ($6.6M) Net assets 136 ($78M)2024 Revenue 202 ($24M) Expenses 109 ($9.1M) Net assets 145 ($84M)2025 Revenue 206 ($24M) Expenses 98 ($8.2M) Net assets 175 ($101M)
'17'18'19'20'21'22'23'24'25
Revenue (206)Expenses (98)Net assets (175)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $89M to $108M (+21%).

$59M
$58M
$57M
$49M
$60M
$72M
$80M
$89M
$108M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$3.4M
’17
−$1.4M
’18
−$1.3M
’19
−$3.6M
’20
$4.1M
’21
$8.0M
’22
$5.1M
’23
$14M
’24
$16M
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kenneth Holmen Md

President/CEO

Board chair

Kelly O'Farrell

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed272424394841374348
Joined·+3+3+22+15+9+8+15+11
No longer listed·6376161296
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 16 funders, grant income rose $225k → $1.2M.

12 of 48 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11M from 8 payers (the payer shares this organization's board, largest St Cloud Hospital). These are real filings, and they are not money CENTRACARE HEALTH FOUNDATION raised.

From the IRS filings of CENTRACARE HEALTH FOUNDATION’s funders (the co-funder graph). Top 30 of 48 funders by total. 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.

Where its funders are

63% of CENTRACARE HEALTH FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.4M that is directly attributable, 70% of it comes from Minnesota funders.

WA
MN
IL
NY
SD
OH
PA
CA
MO
DE
AZ
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $5.8M arriving through sponsors registered in 9 states is 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.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 18%Fundraising 17%

Governance

18
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

52%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 12 related entities

  • Centracare Health System · exempt
  • Centracare Health System - Long Prairie · exempt
  • Centracare Health System - Melrose · exempt
  • Centracare Clinic · exempt
  • Centracare Health System - Sauk Centre · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CENTRACARE HEALTH 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.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CENTRACARE HEALTH FOUNDATION?
CENTRACARE HEALTH FOUNDATION (Minnesota) receives grants from 48 organizations whose IRS filings report $9,205,735 to it, the largest being COMMUNITYGIVING ($4,241,164). 27 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. CENTRACARE HEALTH FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does CENTRACARE HEALTH FOUNDATION have?
IRS filings report 48 organizations giving $9,205,735 in grants to CENTRACARE HEALTH FOUNDATION, 27 of which have funded it in more than one year.
Who is the largest funder of CENTRACARE HEALTH FOUNDATION?
COMMUNITYGIVING is the largest funder on record, with $4,241,164 in grants. The full list of funders is on this page.
How can an organization like CENTRACARE HEALTH 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 2017–2025), and the filings of 48 funders 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 October 22, 2026. What this page cannot tell you · view filing