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EIN 41-1958621

Mortenson Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Minneapolis
State
Minnesota
Year formed
2001
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Mortenson Family Foundation's intention is to exist in perpetuity and to have generation upon generation of their family working to strengthen communities for which they care.
Total revenues
$15,465,306
2022
Total expenses
$10,483,020
2022
Total assets
$139,145,890
2022
Num. employees
4
2022

Program areas at Mortenson Family Foundation

Interest income on program related investment

Grants made by Mortenson Family Foundation

GranteeGrant descriptionAmount
Nexus Community PartnersUnrestricted for the Minnesota Philanthropic Collective To Combat Anti-Blackness & Realize Racial Justice$1,000,000
Coalition of Asian American LeadersUnrestricted$600,000
University of Minnesota Foundation (UMF)Driven: the University of Minnesota Campaign$500,000
...and 233 more grants made totalling $7,753,150

Personnel at Mortenson Family Foundation

NameTitleCompensation
Ambar HansonBoard Member$161,846
Donna DaltonPast Executive Director$131,984
Randy M JensonTreasurer$0

Financials for Mortenson Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,809,780
Investment income and dividends$1,902,354
Net rental income$0
Net gain from sale of non-inventory assets$2,722,768
Gross sales of inventory$0
Miscellaneous revenues$30,404
Total revenues$15,465,306

Form 990s for Mortenson Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-15990PFView PDF
2018-122019-12-12990PFView PDF
...and 7 more Form 990s
Data update history
January 8, 2024
Posted financials
Added Form 990PF for fiscal year 2022
July 29, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 22, 2023
Used new vendors
Identified 1 new vendor, including
August 5, 2022
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvement
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
700 Meadow LN N
Minneapolis, MN 55422
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
mortensonfamily.org/ 
IRS details
EIN
41-1958621
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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