MINNEAPOLIS FOUNDATION

MINNEAPOLIS, MN, 55402-2100 (612) 672-3878 Est. 1915 EIN 41-6029402

T310 - Philanthropy & Grantmaking 990 - Public charity return 501(c)(3)

www.minneapolisfoundation.org

Mission

THE FOUNDATION CULTIVATES GENEROSITY BY TAKING ACTION ON THE GREATEST CIVIC, SOCIAL, AND ECONOMIC NEEDS PARTNERING WITH NONPROFITS, FACILITATING GRANTMAKING, DRIVING RESEARCH AND ADVOCACY, AND PROVIDING SERVICES TO DONORS SEEKING TO MAKE A DIFFERENCE IN THEIR COMMUNITIES.

Grants Awarded · 9061 grants

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Financials

Total Revenue

$192,988,402

Total Expenses

$152,448,966

Net Assets

$1,105,308,485

73 employees 33 volunteers

From latest filing (tax period ending 2025-03-31)

Financial Health

Operating Reserve

7.3 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 31.4%

Expenses ↑ 13.6%

Revenue Sources

Contributions 68.3% Earned revenue 0.7% Investment 30.9%

Expense Breakdown

Program 93.0% Management 4.6% Fundraising 2.4%

Officers & Trustees (44)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Apr 1, 2024 to Mar 31, 2025	$192,988,402 ↑	$152,448,966	$1,105,308,485
2023 990 - Public charity return Apr 1, 2023 to Mar 31, 2024	$146,901,684 ↑	$134,196,439	$1,065,150,350
2022 990 - Public charity return Apr 1, 2022 to Mar 31, 2023	$115,302,787 ↓	$122,536,152	$973,806,083
2021 990 - Public charity return Apr 1, 2021 to Mar 31, 2022	$204,398,163 ↑	$121,965,802	$1,052,016,631
2020 990 - Public charity return Apr 1, 2020 to Mar 31, 2021	$200,857,814 ↑	$125,693,751	$974,994,857
2019 990 - Public charity return Apr 1, 2019 to Mar 31, 2020	$141,518,502 ↓	$106,120,687	$717,213,010
2017 990 - Public charity return Apr 1, 2017 to Mar 31, 2018	$147,120,892	$83,454,613	$763,605,302