Form 990-PF for tax year 2022

Totals

Total revenue

$165,036,445

Total expenses

$200,900,058

Contributions and grants received

$107,654

Contributions, gifts and grants paid

$155,282,351

Fair market value of assets, end of year

$2,566,350,071

Listed in Part VIII

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, 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.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))

$119,517,350

As filed, and sometimes filed as 0.

Grants paid, Part XV total (line 3a)

$119,517,350

The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the accrual method, under which a grant is recorded when the foundation commits to it rather than when it pays, so the books total need not agree with the cash figures in this section: a grant promised one year and paid in another is counted in different years.

• United States Energy Foundation

  $9,600,000

  San Francisco, CA

  To build and support the Midwest network of advocates in pursuit of ambitious and equitable climate action

• Youthprise

  $2,500,000

  Minneapolis, MN

  For general operating support

• The McKnight Endowment Fund for Neuroscience

  $2,075,000

  Minneapolis, MN

  For an awards program supporting research in neuroscience

• Greater Minnesota Housing Fund

  $2,000,000

  St Paul, MN

  For general operating support

• New Venture Fund

  $2,000,000

  Washington, DC

  To support grantmaking and technical assistance for BIPOC organizing on climate and clean energy in the Midwest

• V3 Sports

  $2,000,000

  Minneapolis, MN

  To support phase one of the V3 Sports Center capital campaign in north Minneapolis

• Community Foundation of Jackson Hole

  $1,850,000

  Jackson, WY

  For family-directed giving

• Greater Minnesota Housing Fund

  $1,750,000

  St Paul, MN

  To advance the creation/preservation of affordable housing for urban, rural, and Native communities by mobilizing capital, building public will, increasing community engagement, empowering local leaders, creating housing solutions, and advancing policy

• Family Housing Fund

  $1,500,000

  Minneapolis, MN

  For general operating support

• Family Housing Fund

  $1,500,000

  Minneapolis, MN

  To build a housing system that ensures housing access, stability, and affordability for everyone

The 10 largest to organizations. The API serves every grant row.

3 grants to individuals, $125,000 in total. Counted where the foundation named the recipient as a person or marked it as an individual, as filed. Who received them, where, and why are not published.

Provenance

Return type

form_990_pf

Tax year

2022

Filed

14 November 2023

IRS schema version

2022v5.0

Source object

202343189349103054

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

The source document this was parsed from is served over the API, which is where bulk and document access live.