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EIN 41-1873951

Patch Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Minneapolis
State
Minnesota
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Patch Foundation is a corporate foundation located in Minneapolis, MN that primarily funds program support in education, religion, and health. It grants financial support to various organizations, including the Evangelical Covenant Church, and made 42 grants last year.
Total revenues
$227,697
2023
Total expenses
$1,079,880
2023
Total assets
$4,563,575
2023
Num. employees
0
2023

Grants made by Patch Foundation

GranteeGrant descriptionAmount
Salvation Army / Northern DivisionReligious$100,000
University of Minnesota Foundation (UMF)Educational$50,000
Second Harvest HeartlandProgram Support$50,000
...and 29 more grants made totalling $527,000

Personnel at Patch Foundation

NameTitleCompensation
Carolyn SamplePresident$0

Financials for Patch Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$20,000
Investment income and dividends$162,177
Net rental income$0
Net gain from sale of non-inventory assets$45,520
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$227,697

Form 990s for Patch Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-22990PFView PDF
2022-122023-04-12990PFView PDF
2021-122022-05-03990PFView PDF
2020-122021-06-22990PFView PDF
2019-122020-10-05990PRView PDF
...and 8 more Form 990s
Data update history
May 19, 2024
Posted financials
Added Form 990PF for fiscal year 2023
June 15, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
3201 Rankin Rd
Minneapolis, MN 55418
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Phone
(612) 781-7677
IRS details
EIN
41-1873951
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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