WOMENS FOUNDATION OF MINNESOTA

MINNEAPOLIS, MN, 55401-5454 (612) 337-5010 Est. 1983 EIN 41-1635761
T310 - Philanthropy & Grantmaking 990 - Public charity return 501(c)(3)
www.wfmn.org

Mission

Women's Foundation of Minnesota is a statewide community foundation investing in ending systemic inequities and driving innovation for gender and racial justice. WFM applies an Intersectional Equity Framework inclusive of gender, race, place, and additional identities (ethnicity, sovereignty, socioeconomic class, age, disability, LGBTQ+, immigration status) to our research, grantmaking, public policy agenda, and internal work. WFMN maintains the diversity of multiracial and cultural perspectives in the service of its mission, governance, operations and processes.

Giving Portfolio

Total Grants
569
Total Giving
$17.2M
Recipients
561
Years Active
2018 - 2024
Avg grant: $30,254 Median: $18,765

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202490$3.9M $43K3257
202398$4.0M $41K2572
202294$2.2M $23K3658
202184$2.2M $26K2064
2020112$2.7M $24K7239
201891$2.1M $23K860

Sectors Funded

Human Services
128
Education
54
Crime & Legal-Related
33
Health Care
32
Arts, Culture & Humanities
25
Civil Rights & Advocacy
25
Mental Health & Crisis Intervention
25
Community Improvement
22
and 13 more sectors

Top States

Minnesota
515
New York
10
North Dakota
8
California
7
Michigan
4
Wisconsin
4
South Dakota
4
District of Columbia
4
and 9 more states

Grantee Size Profile

$1M - $5M
188
$10M - $50M
75
$500K - $1M
70
$100K - $500K
65
Over $50M
40
$5M - $10M
36
Under $100K
29

Top Grantees

Page 1 of 3
NY - 3 grants
$1.0M
$502K
Minnesota North College
MN - 3 grants
$500K
Minnesota State Community & Technical College
MN - 2 grants
$300K
$300K
$284K
uCodeGirl
ND - 5 grants
$274K
MN - 6 grants
$273K

Grants Awarded · 515 grants

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Financials

Total Revenue
$9,098,569
Total Expenses
$8,558,658
Net Assets
$38,594,560
27 employees 64 volunteers
From latest filing (tax period ending 2025-03-31)

Financial Health

Operating Reserve
4.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 18.5%
Expenses ↓ 1.8%
Revenue Sources
Contributions 89.1% Investment 10.8%
Expense Breakdown
Program 84.6% Management 14.8% Fundraising 0.5%

Officers & Trustees (29)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Apr 1, 2024 to Mar 31, 2025
$9,098,569 ↑$8,558,658$38,594,560
2023 990 - Public charity return
Apr 1, 2023 to Mar 31, 2024
$7,678,057 ↓$8,716,638$37,242,320
2022 990 - Public charity return
Apr 1, 2022 to Mar 31, 2023
$11,550,455 ↑$6,176,461$34,228,193
2021 990 - Public charity return
Apr 1, 2021 to Mar 31, 2022
$4,848,190 ↓$5,717,301$30,298,597
2020 990 - Public charity return
Apr 1, 2020 to Mar 31, 2021
$5,522,981 ↑$6,121,727$29,262,456
2018 990 - Public charity return
Apr 1, 2018 to Mar 31, 2019
$3,104,705 $5,658,627$25,014,532

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EIN: 41-1635761 · Source: IRS Form 990 e-file data