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Minnesota · Nonprofit

MINNESOTA PRIVATE COLLEGE FUND

MINNESOTA PRIVATE COLLEGE FUND (Minnesota) receives grants from 36 organizations whose IRS filings report $6,038,248 to it, the largest being THE JAY AND ROSE PHILLIPS FAMILY FOUNDATION OF MINNESOTA ($1,967,500). 25 of them have funded it in more than one year.

$1.8M
Revenue FY2025
36
Funders on record
$6.0M
Grants received
$1.9M
Net assets
25/36 repeat funderspeak grant-dependency 64%

Against its field

MINNESOTA PRIVATE COLLEGE FUND holds deeper cash reserves than three-quarters of the 9,072 education nonprofits its size.

Operating margin−18% · bottom quartile
Months of reserve10.4mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 9,072 education nonprofits $1M–$10M, 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.

See all 12 prospects and why each one surfaced →
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.0M) Expenses 100 ($1.2M) Net assets 100 ($1.6M)2018 Revenue 76 ($1.5M) Expenses 119 ($1.4M) Net assets 105 ($1.7M)2019 Revenue 93 ($1.9M) Expenses 123 ($1.5M) Net assets 128 ($2.1M)2020 Revenue 79 ($1.6M) Expenses 143 ($1.7M) Net assets 119 ($1.9M)2021 Revenue 89 ($1.8M) Expenses 132 ($1.6M) Net assets 131 ($2.1M)2022 Revenue 113 ($2.3M) Expenses 150 ($1.8M) Net assets 159 ($2.6M)2023 Revenue 98 ($2.0M) Expenses 164 ($2.0M) Net assets 158 ($2.5M)2024 Revenue 95 ($1.9M) Expenses 183 ($2.2M) Net assets 139 ($2.2M)2025 Revenue 88 ($1.8M) Expenses 172 ($2.1M) Net assets 119 ($1.9M)
'17'18'19'20'21'22'23'24'25
Revenue (88)Expenses (172)Net assets (119)Peer revenue range

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

81% of MINNESOTA PRIVATE COLLEGE FUND’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,312 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$800k
17
$79k
18
$379k
19
$151k
20
$198k
21
$452k
22
$26k
23
$308k
24
$316k
25
10
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 23 funders, grant income rose $54k → $1.2M.

5 of 36 of your funders are donor-advised or pass-through sponsors (tagged DAF)11% 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: $1.1M from 3 payers (the payer shares this organization's board, largest Council of Independent Colleges). These are real filings, and they are not money MINNESOTA PRIVATE COLLEGE FUND raised.

From the IRS filings of MINNESOTA PRIVATE COLLEGE FUND’s funders (the co-funder graph). Top 30 of 36 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.

How concentrated its funding is

MINNESOTA PRIVATE COLLEGE FUND leans on a few funders — its largest provides 33% of grant income and the top three 63%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

33%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 81% · 2018 35% · 2019 57% · 2020 53% · 2021 40% · 2022 39% · 2023 51%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

69% of MINNESOTA PRIVATE COLLEGE FUND's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

81% of MINNESOTA PRIVATE COLLEGE FUND's grant income comes from Minnesota funders.

ND
MN
IL
WI
NY
PA
CA
CO
TX
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. $652k arriving through sponsors registered in 4 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.

03Its place in the field

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. Your 36 funders put you under-funded among the 400 organizations that share them.

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 MINNESOTA PRIVATE COLLEGE FUND

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

04Profile & governance

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

Where the money goes

77% of spending goes to programs.

Program 77%Management 3%Fundraising 20%

Governance

33
board members
97%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

53%

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 3 related entities

  • Innovation Scholars LLC · disregarded
  • Partners for Education Opportunity · exempt
  • Minnesota Private College Council Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MINNESOTA PRIVATE COLLEGE FUND: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MINNESOTA PRIVATE COLLEGE FUND?
MINNESOTA PRIVATE COLLEGE FUND (Minnesota) receives grants from 36 organizations whose IRS filings report $6,038,248 to it, the largest being THE JAY AND ROSE PHILLIPS FAMILY FOUNDATION OF MINNESOTA ($1,967,500). 25 of them have funded it in more than one year.
How many funders does MINNESOTA PRIVATE COLLEGE FUND have?
IRS filings report 36 organizations giving $6,038,248 in grants to MINNESOTA PRIVATE COLLEGE FUND, 25 of which have funded it in more than one year.
Who is the largest funder of MINNESOTA PRIVATE COLLEGE FUND?
THE JAY AND ROSE PHILLIPS FAMILY FOUNDATION OF MINNESOTA is the largest funder on record, with $1,967,500 in grants. The full list of funders is on this page.
How can an organization like MINNESOTA PRIVATE COLLEGE FUND 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 36funders 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