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Minnesota · Nonprofit

THE MINNEAPOLIS FOUNDATION

THE MINNEAPOLIS FOUNDATION (Minnesota) receives grants from 235 organizations whose IRS filings report $186,751,274 to it, the largest being Margaret A Cargill Foundation ($42,392,000). 108 of them have funded it in more than one year. THE MINNEAPOLIS FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

$193M
Revenue FY2025
235
Funders on record
$187M
Grants received
$1.1B
Net assets
108/235 repeat funders

Hosts funds for others

THE MINNEAPOLIS 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 programTHE MINNEAPOLIS 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

$789M

Recipients

3,806

Contributions on record

$192M

Donors on record

262

Payments out run 4.1x 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.

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.

100 = 20172017 Revenue 100 ($98M) Expenses 100 ($71M) Net assets 100 ($683M)2018 Revenue 150 ($147M) Expenses 118 ($83M) Net assets 112 ($764M)2019 Revenue 132 ($130M) Expenses 137 ($97M) Net assets 111 ($758M)2020 Revenue 144 ($142M) Expenses 150 ($106M) Net assets 105 ($717M)2021 Revenue 205 ($201M) Expenses 177 ($126M) Net assets 143 ($975M)2022 Revenue 209 ($204M) Expenses 172 ($122M) Net assets 154 ($1.1B)2023 Revenue 118 ($115M) Expenses 173 ($123M) Net assets 143 ($974M)2024 Revenue 150 ($147M) Expenses 189 ($134M) Net assets 156 ($1.1B)2025 Revenue 197 ($193M) Expenses 215 ($152M) Net assets 162 ($1.1B)
'17'18'19'20'21'22'23'24'25
Revenue (197)Expenses (215)Net assets (162)

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: 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$27M
’17
$64M
’18
$33M
’19
$35M
’20
$75M
’21
$82M
’22
−$7.2M
’23
$13M
’24
$41M
’25
4.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 38 funders to 86 funders, grant income rose $6.5M → $25M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
38
34
47
105
79
94
86
88
44

35 of 235 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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: $4.6M from 23 payers (the payer shares this organization's board, largest Community Foundation of North Central Wisconsin Inc); $449k from one payer (the same organization on both sides, largest The Minneapolis Foundation). These are real filings, and they are not money THE MINNEAPOLIS FOUNDATION raised.

From the IRS filings of THE MINNEAPOLIS FOUNDATION’s funders (the co-funder graph). Top 30 of 235 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

80% of THE MINNEAPOLIS FOUNDATION's grant income comes from Minnesota funders.

WA
MN
IL
WI
MI
NY
MA
NV
WY
SD
OH
PA
CT
RI
CA
UT
NE
MO
DE
AZ
AR
NC
DC
LA
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. $12M arriving through sponsors registered in 18 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 235 funders put you typical 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.

Government funding THE MINNEAPOLIS FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $60.0M on record.

Federal$60.0M
grants $60.0Mcontracts $0
Top agencies
  • Environmental Protection Agency$60.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

04Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 5%Fundraising 2%

Governance

32
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 3 states

MN
CA
FL

Part of a family of 15 related entities

  • Millard C Hamer Trust Uw 34046950 · exempt
  • Emma E Rogers Trust Uw 35078340 · exempt
  • Ellen P Thomas Trust Ua 35062130 · exempt
  • George H Warren Trust 3 Ua 35028390 · exempt
  • Weesner Charitable Trust Fund 35061070 · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE MINNEAPOLIS 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.

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 THE MINNEAPOLIS FOUNDATION?
THE MINNEAPOLIS FOUNDATION (Minnesota) receives grants from 235 organizations whose IRS filings report $186,751,274 to it, the largest being Margaret A Cargill Foundation ($42,392,000). 108 of them have funded it in more than one year. THE MINNEAPOLIS 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 THE MINNEAPOLIS FOUNDATION have?
IRS filings report 235 organizations giving $186,751,274 in grants to THE MINNEAPOLIS FOUNDATION, 108 of which have funded it in more than one year.
Who is the largest funder of THE MINNEAPOLIS FOUNDATION?
Margaret A Cargill Foundation is the largest funder on record, with $42,392,000 in grants. The full list of funders is on this page.
How can an organization like THE MINNEAPOLIS 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 235funders 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