Form 990 for tax year 2024

Totals

Total revenue

$1,203,423

Total expenses

$597,634

Contributions and grants received

$846,427

Grants paid

$460,182

Program service revenue

$0

Investment income

$2,507

Other revenue

$354,489

Total assets, end of year

$2,406,456

Total liabilities, end of year

$1,530

Net assets or fund balances, end of year

$2,404,926

Program services expenses (Part IX)

$551,971

Management and general expenses

$45,663

Fundraising expenses

$0

Program service expenses (Part III)

$551,971

Program services were 92.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• HERE AT THE THIELEN FOUNDATION, WE BELIEVE IN THE POWER OF SPORT. THE POWER OF SPORT CAN CHANGE OUR SOCIETY BY SHOWCASING OUR DIFFERENCES AND SIMILARITIES AND HOW WE CAN COME TOGETHER AS A TEAM TO ACHIEVE A GREATER GOAL. WE ALSO BELIEVE THE ZIP CODE YOU ARE BORN IN SHOULD NOT DETERMINE YOUR FUTURE POTENTIAL WHICH IS WHY WE DEVELOPED THE #CHANGETHRUSPORT CAMPAIGN. THE #CHANGETHRUSPORT PROGRAM WAS DEVELOPED IN 2020 TO STAND IN THE GAP FOR UNDERSERVED YOUTH IN THE UPPER MIDWEST. THE THIELEN FOUNDATION BOLDLY PUTS ITS PASSION INTO ACTION BY PROVIDING FINANCIAL SUPPORT, MUCH NEEDED SPORTS EQUIPMENT AND APPAREL, ALONG WITH HOPE AND INSPIRATION FOR YOUTH TO DREAM BIG AND ATTAIN THEIR GOALS ON AND OFF THE PLAYING FIELD AND SET THEM UP FOR SUCCESS IN LIFE. IN 2024, THIELEN FOUNDATION TOOK ON TWO NEW PARTNER HIGH SCHOOLS, ONE IN ST. PAUL, MN (COMO HS) AND ONE IN CHARLOTTE, NC (MALLARD CREEK HS) -- AND DID A COMPLETE MAKEOVER OF THEIR WEIGHT ROOMS AND ADDED THEIR SCHOOLS TO OUR LEGACY PROGRAM OF GIVING $50,000 IN 5 - $1,000 STUDENT ATHLETES SCHOLARSHIPS ANNUALLY, OVER THE NEXT 10 YEARS. TO DATE, THE THIELEN FOUNDATION HAS DONATED TO YOUTH ATHLETIC TEAMS, HIGH SCHOOLS AND ORGANIZATIONS THAT WERE IN DIRE NEED OF FUNDING AND EQUIPMENT TO KEEP THEIR PROGRAMMING UP AND TO PROVIDE CONSISTENT TRAINING, DISCIPLINE AND POSITIVE CHARACTER BUILDING THROUGH COACHING

  Expenses $406,971 · Grants $315,182

• THIELEN FOUNDATION PARTNERED WITH CRISIS ASSISTANCE MINISTRY IN CHARLOTTE, NC TO PROVIDE FINANCIAL RESOURCES TOWARDS RENT AND ALSO A CHRISTMAS EXPERIENCE WHERE FAMILIES WERE ABLE TO 'SHOP' FOR COATS AND TOYS. THIELEN FOUNDATION DONATED $45,000 TO BE ABLE TO SUPPORT FAMILIES IN NEED IN PARTNERSHIP, INCREASING THE THIELEN FOUNDATION'S HOLIDAY GIVING PROGRAM THAT IS RAN ANNUALLY IN MINNESOTA WITH SALVATION ARMY (AN ADDITIONAL $10,000) FOR FAMILIES IN NEED.

  Expenses $45,000 · Grants $45,000

• TF DONATED $100,000 TO THE COMPLETION OF ZANEWOOD YOUTH RECREATION CENTER. THE BROOKLYN PARK COMMUNITY DID NOT HAVE A FACILITY FOR YOUTH TO EXIST IN AND HAVE PROGRAMS FOR RECREATION, HEALTH AND WELLNESS. THIS DONATION FROM THIELEN FOUNDATION WILL OFFER FINISHING TOUCHES SUCH AS BLEACHERS IN THE GYM SPACE AND MORE AREAS FOR YOUTH TO GATHER IN AN ATMOSPHERE OF HEALTH AND WELLNESS.

  Expenses $100,000 · Grants $100,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• CITY OF BROOKLYN PARK

  $100,000

  TEEN CENTER - EQUIPMENT AND PROGRAMS FOR YOUTH THAT PROMOTE PHYSICAL FITNESS

• JOHNSON FITNESS & WELLNESS

  $51,595

  FITNESS EQUIPMENT FOR A NEWLY RENOVATED WEIGHT ROOM AT RED LAKE HIGH SCHOOL TO ASSURE SAFETY AND WELLNESS OF STAFF, ATHLETES, COACHES, AND STUDENT BODY

• CRISIS ASSISTANCE MINISTRY

  $45,000

  DONATED FUNDS TO HELP OUT FAMILIES WITH KIDS WHO NEED ASSISTANCE WITH RENT, FOOD AND CLOTHING IN CHARLOTTE AREA.

• DULUTH SUPERIOR AREA COMMUNITY FOUNDATION

  $25,000

  HAM FAMILY SCHOLARSHIP FUND

• MED CITY INSTALLATION

  $21,557

  NEW COMMERCIAL PADDED & TURF FLOORING FOR RED LAKE HS RENOVATED WEIGHT ROOM FOR ATHLETES AND ENTIRE STUDENT BODY TO USE IN A SAFE AND HEALTHY MANNER.

• KCB COMPANIES

  $15,705

  RELATED TO THE GYM REVOVATION PROJECT IN CHARLOTTE.

• CHILDREN'S MINNESOTA

  $10,000

  DONATED FUNDS TO SUPPORT JUVENILE PATIENTS WITH MENTAL HEALTH ISSUES; AND TO RAISE AWARENESS FOR MENTAL HEALTH PROGRAMS.

• MVL GALA

  $10,000

  CHRISTIAN EDUCATION FOR YOUTH

• FIRST TEE MINNESOTA

  $10,000

  GOLF LESSONS FOR KIDS IN COMMUNITY

• FCA MINNESOTA

  $10,000

  MN MPLS URBAN MINISTRY OPERATING EXPENSES

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2024

Filed

14 November 2025

IRS schema version

2024v5.2

Source object

202543219349302339

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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