EIN 41-1815585

Minnesota Military Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1995
Most recent tax filings
2023-12-01
Description
The Minnesota Military Family Foundation provides financial support to members of the National Guard and Armed Forces. Its mission is to provide timely financial assistance to deployed and currently serving Minnesota military personnel and their families who have a financial crisis that is not supported by existing state or federal programs. The Foundation was founded in November 2004 as a community-supported fund that receives contributions from people who understand the sacrifices military families make and want to help soften the financial burden.
Total revenues
$1,500,868
2023
Total expenses
$686,457
2023
Total assets
$10,103,909
2023
Num. employees
0
2023

Program areas at Minnesota Military Family Foundation

Minnesota Military Family Foundation (the Foundation) is a community-supported fund founded in november 2004. Contributions are made by people who understand that there are many sacrifices that Military families make and want to help soften the financial hardships that may occur, especially when a Family member is deployed, by providing a financial safety net. The Foundation distributes money, through grants, to Minnesota Military families that need help. The Foundation works closely with the soldier and Family readiness specialists (sfrs). The sfrs communicates directly with Military members and their families. They direct request to the Foundation and provide details of the service members' financial needs. The Foundation pays mortgage payments, rents, utilities, car payments, medical bills and other needs on behalf of the service members.

Who funds Minnesota Military Family Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wheels for Wishes Animal Car DonationGeneral Support$70,000
Schwab Charitable FundPublic, Societal Benefit$29,300
Minnesota Twins Community FundGeneral Support$25,000
...and 10 more grants received

Personnel at Minnesota Military Family Foundation

NameTitleCompensation
Tim KennedySecretary and Executive Director$0
Susan KennedyTreasurer$0
Jon TrostVice President$0
Bill PoppPresident$0
Terrence PalmerExecutive Director / Secretary and Treasurer$0

Financials for Minnesota Military Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,244,274
Program services$0
Investment income and dividends$202,606
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$64,388
Net income from fundraising events$-10,400
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,500,868

Form 990s for Minnesota Military Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-22990View PDF
2022-122023-05-31990View PDF
2021-122022-04-11990View PDF
2020-122021-05-21990View PDF
2019-122021-01-21990View PDF
...and 11 more Form 990s
Data update history
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 31, 2024
Updated personnel
Identified 1 new personnel
July 13, 2024
Received grants
Identified 9 new grant, including a grant for $50,000 from Minnesota Twins Community Fund
October 23, 2023
Received grants
Identified 10 new grant, including a grant for $22,303 from American Online Giving Foundation
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsCharities
Issues
Community improvement
Characteristics
Provides grantsFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
620 Mendelssohn Ave N 130
Golden Valley, MN 55427
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
minnesotamilitaryfamilyfoundation.org/ 
Phone
(763) 544-2255
IRS details
EIN
41-1815585
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W12: Public and Societal Benefit Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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