$141.8M in expenses

The minneapolis foundation is one of the oldest and largest community foundations in the nation. Established in 1915, the foundation cultivates generosity by taking action on the greatest civic, social, and economic needs partnering with nonprofits, facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a difference in their communities. As a community foundation, we invest and distribute grants from charitable funds established by members of the community. Today, we manage more than $1 billion in assets and administer more than 1,500 charitable funds created by individuals, families, businesses, and nonprofits. Millions of dollars in grants are distributed from these funds each year (see part 1, line 13), either personally advised by or in accordance with the legacy wishes of our donors. We also steward a permanent charitable endowment and distribute the income from it to benefit the community. The foundation creates intersections in civic life that foster a generous community of donors, organizations, staff, volunteers, and residents who listen, learn, and take responsive action to address pressing needs. We support donors and partners as they express their generosity personally, collectively, and across generations. We invest in community-shaped and community-driven solutions using all available tools and resources. We use our access and influence to amplify and elevate the voices and leadership of others. We create measurable meaning and impact across our work through research, evaluation, and knowledge-sharing. We demonstrate philanthropic and organizational excellence in impact, integrity, and innovation. During the year ended march 31, 2025, the minneapolis foundation received more than $130 million in gifts and awarded more than $125 million in total grants. Our donors advised more than $92 million in grants to causes locally and around the united states. The foundation distributed community grants totaling over $13 million. The remaining grants were from a variety of funds including corporate employee assistance funds, scholarships, designated funds and others. More information about the minneapolis foundation can be found at WWW.minneapolisfoundation.org.