EIN 82-4027046

The Constellation Fund

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2018
Most recent tax filings
2023-06-01
Description
The Constellation Fund combats poverty in the Twin Cities by increasing living standards for those below the poverty line using modern analytics and on-the-ground insights to allocate philanthropic resources effectively.
Total revenues
$6,538,143
2023
Total expenses
$5,318,413
2023
Total assets
$9,015,015
2023
Num. employees
12
2023

Program areas at The Constellation Fund

The Constellation Fund is built to harness the incisive power of modern analytics alongside on-the-ground insights to allocate precious philanthropic resources to the people and partners creating the most impact in the fight against poverty in the Twin Cities. We use quantitative metrics alongside qualitative analysis to select our grantee partners. Our metrics are built using the best available evidence to develop metrics that allow Constellation to reliably project the long-term quality-of-life impact of poverty-fighting services resulting in a benefit-cost ratio used to help objectively build a portfolio of the most impactful nonprofits across a broad spectrum of programs and interventions. In fiscal year 2023, this approach led Constellation to invest over $3.2 million into 31 poverty-fighting nonprofits working across four impact areas education, employment, health, and housing. Constellation's evidence-driven analysis projects that these nonprofits will turn every dollar of that investment into an average of $4.70 of lifetime health and income improvements for individuals and families experiencing poverty in our community. The average projected impact of the nonprofits receiving Constellation funding last year was more than three times greater than the average of $1.51-to-1 for all other organizations that we evaluated in 2021.The Constellation Fund continues to expand the reach of our signature capacity building program, Beyond Dollars. Beyond Dollars creates best-in-class pro bono experiences through curated teams of volunteer employees from Fortune 500 corporations to mid-sized companies, who deliver unparalleled capacity-building services to our impactful nonprofit partners.

Grants made by The Constellation Fund

GranteeGrant descriptionAmount
Neighborhood Development CenterGeneral Operating Support$400,000
Summit Academy Oic (SAOIC)General Operating Support$200,000
Southside Family Nurturing CenterGeneral Operating Support$200,000
...and 26 more grants made totalling $3,480,000

Who funds The Constellation Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lynne and Andrew Redleaf FoundationGeneral Operating$1,100,000
Cloverfields FoundationGeneral Operating Fund$400,000
The Minneapolis FoundationDonor-Recommended, Philanthropy$258,101
...and 48 more grants received totalling $4,232,195

Personnel at The Constellation Fund

NameTitleCompensation
Andrew DaytonChief Executive Officer$0
Saanii HernandezChief Operating Officer$160,086
Ryan PetersenChief Advancement Officer$142,483
Jose DiazChief Economist$125,000
Rose CarrChief Impact Officer
...and 7 more key personnel

Financials for The Constellation Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,778,970
Program services$0
Investment income and dividends$987
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,888
Net income from fundraising events$-233,926
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,538,143

Form 990s for The Constellation Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-21990View PDF
2022-062023-03-28990View PDF
2021-062021-12-10990View PDF
2020-062021-04-12990View PDF
2019-062020-12-16990View PDF
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 2 new personnel
February 4, 2024
Received grants
Identified 17 new grant, including a grant for $1,100,000 from Lynne and Andrew Redleaf Foundation
October 31, 2023
Updated personnel
Identified 1 new personnel
October 26, 2023
Received grants
Identified 6 new grant, including a grant for $100,000 from Jim and Norma Leslie Family Foundation
Nonprofit Types
Grantmaking organizationsFamily service centersCharities
Issues
No issues found
Characteristics
Provides grantsFundraising eventsTax deductible donations
General information
Address
323 N Washington Ave Ste 200
Minneapolis, MN 55401
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
constellationfund.org/ 
Phone
(612) 263-1737
IRS details
EIN
82-4027046
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T12: Philanthropy, Voluntarism and Grantmaking Foundations Fund Raising and Fund Distribution
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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