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Minnesota corporate foundations

There are 71corporate foundations in Minnesota. Combined, these Minnesotancorporate foundationsemploy 88 people, earn more than $541 million in revenue each year, and have assets of $4 billion.
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Corporate foundations by major Minnesota cities

Metro areaNonprofitsRevenues
Minneapolis
57
$524,449,736
Rochester, MN
3
$1,310,947
Duluth
1
$758,507
Showing 3 of 3metros

Job trends for Minnesota corporate foundations

Employees per organizationNumber of organizations
0
7
1-10
4
11-25
1
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of corporate foundations in Minnesota

Revenues per organizationNumber of organizations
< $250k
27
$250k to $1M
10
$1M to $5M
13
$5M to $25M
9
$25M to $100M
0
$100M+
2
Key takeaways for revenue stats:

Directory of corporate foundations in Minnesota

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1-20 of 71

The McKnight Foundation

McKnight Foundation is a private foundation created for the purpose of power of minnesota strategic communications. It makes grants to local organizations to help promote communication and economic development in Minnesota.
Revenue
$165.0m
Assets
$2.6b
Employees
70
EIN
41-0754835
IRS type
501(c)(3)

CHS Foundation

The CHS Foundation is a corporate foundation located in Inver Grove Heights, MN that refunds amounts previously treated as qualifying distributions. Last year, they made 108 grants, and their grantees include the National FFA Foundation Inc.
Revenue
$14.9m
Assets
$41.2m
Employees
2
EIN
41-6025858
IRS type
501(c)(3)

Securian Foundation

The Securian Foundation is a corporate foundation located in Saint Paul, MN that uses its earned income to support charitable contributions. It made one grant last year.
Revenue
$7.5m
Assets
$66.1m
Employees
0
EIN
36-3608619
IRS type
501(c)(3)

Land O'Lakes Foundation

The Land O'Lakes Foundation is a corporate foundation that funds community projects in Pennsylvania, New York, Delaware, and New Jersey initiated by Land O'Lakes dairy farmer-members.
Revenue
$7.6m
Assets
$2.0m
Employees
1
EIN
41-1864977
IRS type
501(c)(3)

Xcel Energy

Xcel Energy is a corporate foundation that made 1,902 grants last year. It is located in Minneapolis, MN and supported by Xcel Energy. Its grantees include Greater Twin Cities United Way.
Revenue
$7.5m
Assets
$11.1m
Employees
N/A
EIN
41-2007734
IRS type
501(c)(3)

Best Buy Foundation

The Best Buy Foundation is a corporate foundation supported by Richard Schulze that is located in Richfield, MN. It made $14,454,007 in annual grants last year and holds $19,793,202 in total assets.
Revenue
$22.1m
Assets
$57.0m
Employees
N/A
EIN
41-1784382
IRS type
501(c)(3)

Medtronic Global Health Foundation

The Medtronic Global Health Foundation is a private foundation that supports 21 grants last year. Grants were given to organizations such as Research Triangle Institute, which is located in Minneapolis, MN.
Revenue
$23.1m
Assets
$29.9m
Employees
N/A
EIN
81-2307516
IRS type
501(c)(3)

United Health Foundation

The United Health Foundation is a private foundation that gave 105 grants last year. The foundation's main purpose is to conduct America's Health Rankings, which is a state-by-state analysis of the nation.
Revenue
$14.7m
Assets
$183.3m
Employees
N/A
EIN
41-1941615
IRS type
501(c)(3)

Travelers Foundation

The Travelers Foundation funds exhibit 3, with the purpose of seeing exhibit 1. Grantees include grants from Exhibit 3, which made one grant last year. The nonprofit type is a corporate foundation, located in Saint Paul, MN.
Revenue
$5.8m
Assets
$1.5m
Employees
N/A
EIN
41-1924256
IRS type
501(c)(3)

The Green Fern Foundation

The Green Fern Foundation is a corporate foundation located in Minneapolis, MN. It primarily funds general operations and made one grant last year. Its grantees include Fidelity Charitable Gift Fund.
Revenue
$3.2m
Assets
$105.0m
Employees
N/A
EIN
46-2692732
IRS type
501(c)(3)

Wells Fargo Foundation

Wells Fargo Foundation is a corporate foundation in Minneapolis, MN, which was founded in 1980 and most recently had $236,798,858 in revenue and no employees.
Revenue
$236.8m
Assets
$15.2m
Employees
N/A
EIN
41-1367441
IRS type
501(c)(3)

Ecolab Foundation

The Ecolab Foundation is a corporate foundation located in St. Paul, MN that primarily funds general support. Its grantees include Blackbaud Giving Fund and it made one grant last year.
Revenue
$8.5m
Assets
$12.2m
Employees
N/A
EIN
41-1372157
IRS type
501(c)(3)

The Graco Foundation

The Graco Foundation is a corporate foundation that made 248 grants last year. Its trustees are Patrick J Mchale, Karen P Gallivan, and Janel W French. The Graco Foundation is located in Minneapolis, MN.
Revenue
$1.2m
Assets
$26.6m
Employees
0
EIN
41-6023537
IRS type
501(c)(3)

Otter Tail Corporation Foundation

Corporate foundation in Fergus Falls, MN funding community civic and cultural programs, charity choice match, capital construction health human services, and trauma counseling.
Revenue
$3.2m
Assets
$8.4m
Employees
N/A
EIN
83-1883575
IRS type
501(c)(3)

SPS Commerce Foundation

The SPS Commerce Foundation is a corporate foundation that primarily funds community charities. Grantees include the Minneapolis Foundation. The foundation made one grant last year.
Revenue
$2.8m
Assets
$5.8m
Employees
N/A
EIN
47-3948294
IRS type
501(c)(3)

Target Foundation

The Target Foundation provides grants to a variety of organizations, including the New Venture Fund. It is supported by the Target Corporation.
Revenue
$933.3k
Assets
$61.1m
Employees
0
EIN
41-6017088
IRS type
501(c)(3)

Cla Foundation

The Cla Foundation is a corporate foundation located in Minneapolis, MN. It made 63 grants last year and its grantees include American Corporate Partners. It is supported by Kurt Kilwein.
Revenue
$2.0m
Assets
$887.1k
Employees
N/A
EIN
47-3544862
IRS type
501(c)(3)

Pentair Foundation

Corporate foundation based in Golden Valley, MN that primarily funds matching gift and gave 593 grants last year; grantees include Safe Water Network and others.
Revenue
$1000.0k
Assets
$2.2m
Employees
0
EIN
41-1890149
IRS type
501(c)(3)

Remick Family Foundation

The Remick Family Foundation is a corporate foundation located in Rochester, MN. The foundation supported eight grants last year and their grantees include Holy Cross School. The foundation is supported by John and Mary Ann Remick.
Revenue
$1.1m
Assets
$28.8m
Employees
N/A
EIN
41-1909124
IRS type
501(c)(3)

Otter Tail Power Company Foundation

The Otter Tail Power Company Foundation provides grants to organizations in Fergus Falls, Minnesota to fund scholarships, electrical engineering scholarships, wind energy technology scholarships, and weekend meals.
Revenue
$1.5m
Assets
$2.0m
Employees
N/A
EIN
83-2710944
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T21: Corporate foundations" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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