EIN 41-6031510

Saint Paul and Minnesota Foundation

IRS 501(c) type
501(c)(3)
Num. employees
84
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Saint Paul and Minnesota Foundations' mission is to share knowledge and resources to benefit the communities they serve.
Also known as...
The Saint Paul Foundation; Saint Paul and Minnesota Foundations; Minnesota Philanthropy Partners
Total revenues
$114,417,024
2023
Total expenses
$126,875,839
2023
Total assets
$1,554,597,163
2023
Num. employees
84
2023

Program areas at Saint Paul and Minnesota Foundation

We work with donors, professional and legal advisors, nonprofit organizations and local leaders to identify and support critical needs across the state of Minnesota. We help donors achieve their charitable goals and address critical issues facing communities around the state. We provide several grantmaking programs that support nonprofits across state of Minnesota. Our twice-yearly building community capacity endowment grant program provides critical funding in the six priority areas of community connectedness; economic opportunity and security; education; health; housing and transportation; and human services and family support. You can learn more about our building community capacity granting program by going to httpsspmcforgwhowearenonprofitswe...
We support effective grantmaking and provide administrative services for a wide variety of funds and foundations serving Minnesota and the east metro area, including dakota, ramsey and Washington counties.
Through community initiatives innovative and responsive programs that directly serve people in the community- we can support and address timely issues. A current initiative is the east metro main street economic revitalization program in partnership with the Minnesota department of employment and economic development (deed). State funding of $7 million was awarded to projects in the snelling-university-rice cultural district, the east side community and along west seventh street in Saint Paul. An additional $2.15 million was raised and distributed to further support applicants to meet program matching fund requirements and complete projects. We prioritized projects led by and serving black, indigenous, asian, latino, new americans, immigrants, refuges, people with disabilities, lgbtqi communities, veterans, low-income communities, or other communities that have been historically under-and dis-invested in by traditional funding, and 100% of projects met these criteria. More than 85% of the projects were owned or led by people of color.
The Foundation provides grants to individuals through the community sharing fund and j.c. and l.a. duke employees assistance fund. The community sharing fund provides small grants to help individuals and families weather a temporary setback and keep it from becoming a major crisis. Grants have been used to help maintain transportation to a job, cover rent or pay for childcare. Through a network of social workers, individuals can access the fund when all other forms of emergency assistance have been exhausted. 646 grants were approved from the community sharing fund during 2023. The duke fund provides assistance to 3m employees who have experienced a catastrophic illness or accident. Grants help employees regain self-sufficiency and return to the workplace. Support is designed to help employees through a transition and is not indefinite. 113 grants were approved from the duke fund during 2023.

Grants made by Saint Paul and Minnesota Foundation

GranteeGrant descriptionAmount
River PlaceMultiple Grants for Programs, Operations, Or Other Purposes$6,013,346
Greater Twin Cities United WayMultiple Grants for Programs, Operations, Or Other Purposes$4,099,884
Minnesota Public Radio American Public MediaMultiple Grants for Programs, Operations, Or Other Purposes$3,176,810
...and 871 more grants made totalling $86,149,031

Who funds Saint Paul and Minnesota Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Margaret A Cargill FoundationSupport for A Donor Advised Fund at the Minnesota Community Foundation$7,000,000
Bush FoundationSaint Paul and Minnesota Foundation (SPMF) Will Manage the Archibald Bush Legacy Fund, An Endowed Fund To Make Post-Secondary Education Accessible for High School Students in ST. Paul. As Administrator of the Fund, SMPF Will Partner With A Scholarship Provider To Award Scholarships and Other Services To ST. Paul Students Seeking To Pursue Higher Education Opportunities, With An Emphasis on Students From Underrepresented Communities. the Archibald Bush Legacy Fund Expands the Foundation's Long-Term Commitment Established By Archie Bush To Education and the Cities of ST, Paul and Granite Falls, MN.$5,300,000
Margaret A Cargill FoundationSupport for Employee Matching Program Administered By Minn. Comm. FND.$1,200,000
...and 50 more grants received totalling $17,798,045

Personnel at Saint Paul and Minnesota Foundation

NameTitleCompensation
Eric J. Jolly, Ph.D.President and Chief Executive Officer ,$553,916
Nadege SouvenirChief Operating Officer$290,358
Scott ZastoupilChief Financial Officer$237,564
Shannon O'LearyChief Investment Officer$521,303
Melanie HoffertChief Marketing Officer$223,182
...and 28 more key personnel

Financials for Saint Paul and Minnesota Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$67,242,093
Program services$1,321,335
Investment income and dividends$34,588,977
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,802,519
Net income from fundraising events$115
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$461,985
Total revenues$114,417,024

Form 990s for Saint Paul and Minnesota Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-21990View PDF
2022-122023-08-15990View PDF
2021-122022-08-10990View PDF
2020-122021-09-03990View PDF
2019-122020-09-22990View PDF
...and 10 more Form 990s

Organizations like Saint Paul and Minnesota Foundation

OrganizationLocationRevenue
Arizona Community FoundationPhoenix, AZ$122,702,351
The Boston Foundation (TBF)Boston, MA$161,296,905
The Pittsburgh FoundationPittsburgh, PA$91,513,611
Tulsa Community FoundationTulsa, OK$238,011,217
The Rhode Island FoundationProvidence, RI$94,559,880
The San Diego FoundationSan Diego, CA$268,696,192
San Antonio Area FoundationSan Antonio, TX$68,911,493
Philadelphia Foundation (PF)Philadelphia, PA$80,318,312
Communities Foundation of TexasDallas, TX$195,142,202
New Hampshire Charitable FoundationConcord, NH$65,087,484
Data update history
October 31, 2024
Updated personnel
Identified 4 new personnel
October 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 23, 2024
Used new vendors
Identified 2 new vendors, including , and
August 25, 2024
Received grants
Identified 8 new grant, including a grant for $291,562 from The Morning Foundation
May 19, 2024
Received grants
Identified 4 new grant, including a grant for $220,209 from Charities Aid Foundation of America
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
101 Fifth St E Suite 2400
Saint Paul, MN 55101
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
spmcf.org/ 
Phone
(651) 224-5463
Facebook page
spmcfoundations 
Twitter profile
@spmcfoundations 
IRS details
EIN
41-6031510
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0244217
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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