EIN 36-3567019

Philanthrofund Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1987
Most recent tax filings
2024-06-01
Description
Philanthrofund Foundation is a vital resource and community builder for lesbian, gay, bisexual, transgender, and allied communities by providing grants and scholarships, developing leaders, and inspiring giving. Pfund Foundation is a vital resource and community builder for lesbian, gay, bisexual, transgender, queer and allied communities by providing grants and scholarships, developing leaders, and inspiring giving. Pfund Foundation builds equity with lgbtq+ communities across the upper midwest by providing grants and scholarships, developing leaders, and inspiring giving.
Total revenues
$2,946,122
2024
Total expenses
$1,939,624
2024
Total assets
$2,294,351
2024
Num. employees
6
2024

Program areas at Philanthrofund Foundation

Pfund Foundation awarded scholarships to 58 lgbtq individuals seeking a variety of educational programs in the upper midwest. Pfund Foundation awarded funds to 21 lgbtq+ led and serving non-profit organizations working in rural communities across the upper midwest.pfund Foundation awarded funds to 3 lgbtq+ led and serving non-profit organizations working with bisexual+ communities across the upper midwest.pfund Foundation awarded funds to 33 lgbtq+ bipoc small businesses to grow and strengthen their leadership and business and provided businesses educational resources.pfund Foundation awarded funds to 14 lgbtq+ nonprofits working to protect and support transgender and gender nonconforming individuals across the upper midwest. Pfund Foundation "awarded" funds to 34 nonprofits with event sponsorships in order to convene lgbtq folks across the region of the upper midwest.pfund Foundation awarded funds to 8 lgbtq+ led and serving non-profit organizations working to protect communities from the impacts of covid-19.

Grants made by Philanthrofund Foundation

GranteeGrant descriptionAmount
Lavender Legal CenterGeneral Operating Grant$36,000
North Dakota Human Rights CoalitionSponsorship$29,000
Uniting ResilienceSponsorship$27,000
...and 20 more grants made totalling $317,500

Who funds Philanthrofund Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Northwest Area FoundationPrism Grant Funds and Alliance Cohort$400,000
Bush FoundationPfund Foundation Advances Public Understanding on Issues Facing Queer Citizens. They Promote Equity for LGBTQ+ Communities By Providing Grants and Scholarships, Developing Leaders and Inspiring Giving. Their Programs Include the Equity Fund for Queer Entrepreneurs of Color To Strengthen the Region's Queer Economic Ecosystem, and the Prism Fund To Support Rural-Serving Queer Organizations in the Upper Midwest. Ecosystem Grants Provide General Operating Support for Organizations That Support Others To Solve Problems in Their Communities.$160,000
Saint Paul & Minnesota FoundationMultiple Grants for Programs, Operations, Or Other Purposes$126,106
...and 13 more grants received

Personnel at Philanthrofund Foundation

NameTitleCompensation
Aaron ZimmermanExecutive Director$121,781
Mary AlbachtenDirector of Finance
Lauren RimestadDevelopment Coordinator
Mercedes PlendlSenior Director of Programs

Financials for Philanthrofund Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$2,935,527
Program services$3,920
Investment income and dividends$25,287
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$163
Net income from fundraising events$-18,775
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,946,122

Form 990s for Philanthrofund Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-05990View PDF
2023-062023-12-22990View PDF
2022-062023-01-25990View PDF
2021-062021-12-08990View PDF
2020-062021-04-06990View PDF
...and 11 more Form 990s
Data update history
January 11, 2025
Received grants
Identified 7 new grant, including a grant for $100,000 from The McKnight Foundation
September 24, 2024
Updated personnel
Identified 9 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $126,106 from Saint Paul and Minnesota Foundation
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsCivil rights and social justice organizationsCharities
Issues
EducationLGBTQ
Characteristics
Provides grantsFundraising eventsReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
5775 Wayzata Blvd 700
St Louis Park, MN 55416
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
pfundfoundation.org/ 
Phone
(612) 870-1806
IRS details
EIN
36-3567019
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
R12: Civil Rights, Social Action and Advocacy Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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