Minnesota · Nonprofit
RIDGEVIEW FOUNDATION
RIDGEVIEW FOUNDATION (Minnesota) receives grants from 61 organizations whose IRS filings report $8,309,616 to it, the largest being NORMAN AND ANN HOFFMAN FAMILY FOUNDATION ($3,000,000). 40 of them have funded it in more than one year.
- Revenue FY2024
- $7.1M
- Funders on record
- 61
- Grants received
- $8.3M
- Net assets
- $26M
What Ridgeview Foundation does
Mission
Ridgeview Foundation is an independent nonprofit organization that partners with ridgeview medical center in its mission to make a positive difference in the quality of life and health for the people of our area.
As stated on its FY2024 Form 990.
Program
To raise funds for the benefit of ridgeview medical center, a not-for-profit hospital in waconia, minnesota. During 2024, Ridgeview Foundation expended $2,617,444 to ridgeview medical center. Of this, $922,476 was transferred to our "cause for community" campaign, which is a fund that allows us to better medically support the 300,000 residents within our seven-county service area, $557,169 was transferred to support patient mental health, and $671,521 was transferred to the hospital to support the building and furnishing of an emergency department expansion. The remaining $466,278 was transferred to the hospital for various projects and programs during 2024.
$3,155,293 spentof which $3,053,406 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,155,293.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $19M to $22M (+16%).
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.
59% of RIDGEVIEW FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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.
Board chair
Carla Struble
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 21 funders to 23 funders, grant income rose $180k → $458k.
15 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% 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: $1.8M from 2 payers (the payer shares this organization's board, largest Ridgeview Medical Center). These are real filings, and they are not money RIDGEVIEW FOUNDATION raised.
From the IRS filings of RIDGEVIEW FOUNDATION’s funders (the co-funder graph). Top 30 of 61 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
RIDGEVIEW FOUNDATION leans on a few funders — its largest provides 36% 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
36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RIDGEVIEW FOUNDATION.
Largest funder’s share by year: 2017 27% · 2018 80% · 2019 76% · 2020 68% · 2021 41% · 2022 30% · 2023 22% — 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
46% of RIDGEVIEW FOUNDATION's funders are still giving 3 years after their first grant; 66% 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
96% of RIDGEVIEW 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. $2.9M arriving through sponsors registered in 11 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.
Against its field
RIDGEVIEW FOUNDATION runs a healthier operating margin than three-quarters of the 2,910 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Organizations like RIDGEVIEW FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the 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.
Where the money goes
96% of spending goes to programs.
Governance
Public support
68%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 9 related entities
- Ridgeview Clinics · exempt
- Ridgeview Medical Center · exempt
- Ridgeview Insurance Company · exempt
- Sibley Medical Center · exempt
- Minnesota Valley Health Center · exempt
Screen this organization
A dated, signed PDF of the compliance screen for RIDGEVIEW 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RIDGEVIEW FOUNDATION?
- RIDGEVIEW FOUNDATION (Minnesota) receives grants from 61 organizations whose IRS filings report $8,309,616 to it, the largest being NORMAN AND ANN HOFFMAN FAMILY FOUNDATION ($3,000,000). 40 of them have funded it in more than one year.
- How many funders does RIDGEVIEW FOUNDATION have?
- IRS filings report 61 organizations giving $8,309,616 in grants to RIDGEVIEW FOUNDATION, 40 of which have funded it in more than one year.
- Who is the largest funder of RIDGEVIEW FOUNDATION?
- NORMAN AND ANN HOFFMAN FAMILY FOUNDATION is the largest funder on record, with $3,000,000 in grants. The full list of funders is on this page.
- How can an organization like RIDGEVIEW 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 FY2024 (financials across 2017–2024), and the filings of 61 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