EIN 81-4476503

Venn Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2016
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Venn Foundation advances charitable impact by unleashing the full power of program-related investments (PRIs) through its mission. Any individual or organization can open a special donor-advised fund called a Venn account with the nonprofit public charity.
Total revenues
$4,468,850
2023
Total expenses
$6,042,356
2023
Total assets
$14,009,571
2023
Num. employees
3
2023

Program areas at Venn Foundation

Venn Foundation (Venn) is a nonprofit public charity on a mission to unleash the full power of program-related investments(pris) to advance charitable impact. By opening a special donor-advised fund called a Venn account, any individual or organization can recommend that their charitable dollars be used by Venn to make pris. Venn can syndicate any one pri among any number of Venn accounts. Financial returns from these pris go back to participating accounts pro rata for the donors to recommend redeployment into new pris or grants. Our vision is to create a new category of flexible, below-market-rate capital that can be directed creatively to projects and organizations across all sectors that are helping advance charitable goals.

Grants made by Venn Foundation

GranteeGrant descriptionAmount
Thrivent Charitable Impact and Investing (ICF)For Thrivent Charitable Fund 449208 - Thrivent Charitable Growth & Innovation Fund$164,000
World PediatricsOngoing Project Support for Caribbean, Latin America, and Asia/pacific Regions, As Well As Related Operating Support.$125,000
World PediatricsGeneral Operations$27,000
...and 5 more grants made

Who funds Venn Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Planning and Art Resources for CommunitiesDonor Advised Fund To Support Venn Foundations Pri Dedicated To Improving the Lives of People in Rangeley, Maine$1,600,000
Thrivent Charitable Impact and Investing (ICF)General Support$500,000
UCare MinnesotaExpand Services To State Public Program Enrollees in the Twin Cities By Increasing Clinic Capacity, Adding Dental Staff and Growing Mobile Outreach To Preschool and School-Aged Children.$155,000
...and 12 more grants received

Personnel at Venn Foundation

NameTitleCompensation
Jann EichlersmithDirector of Social Enterprise Division and General Counsel
Jeff OchsBoard Member and Chief Executive Officer$103,750
Jaclyn SchroederBoard Chair$0
William BodnerPast Board Treasurer$0

Financials for Venn Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,844,580
Program services$578,514
Investment income and dividends$45,756
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,468,850

Form 990s for Venn Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-17990View PDF
2022-122023-04-25990View PDF
2021-122022-03-29990View PDF
2020-122021-05-20990View PDF
2019-122021-01-21990View PDF
...and 2 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 3 new grant, including a grant for $80,000 from Prior Lake Rotary Foundation
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $155,000 from UCare Minnesota
October 25, 2023
Received grants
Identified 9 new grant, including a grant for $3,900,000 from Planning and Art Resources for Communities
Nonprofit Types
Grantmaking organizationsCharitiesDonor Advised Funds (DAFs)
Issues
No issues found
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingNational levelTax deductible donationsAccepts online donations
General information
Address
1900 Bohland Ave
Saint Paul, MN 55116
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
vennfoundation.org/ 
Phone
(612) 568-3204
IRS details
EIN
81-4476503
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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
CT0255993
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-04
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