44 North Foundation Inc is a private grantmaking foundation based in Minneapolis, Minnesota (55416). The organization was established in September 2024 and operates as an independent corporation. Contributions to the foundation are tax-deductible.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.0M
+4.1% YoY
Annual Giving
$995K
+55.7% YoY
Grant Count
59
+51.3% YoY
Avg Grant Size
$17K
+2.9% YoY
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Minnesota.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of the most recent filing, 44 North Foundation Inc reported:
- Total assets: $0.00
- Total revenue: $0.00
- The organization files a Form 990 (Not required to file - all other)
The foundation is in its early operational phase following its establishment in September 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,970,437 | $23,036,073 | $18,636,729 |
| Revenue | $1,588,237 | $5,232,309 | $5,536,207 |
| Expenses | $1,155,813 | $832,789 | $473,323 |
| Qualifying Distributions | $1,103,257 | $722,129 | $370,399 |
| Net Investment Income | $3,298,819 | $728,371 | $3,858,538 |
| Distributable Amount | $1,360,643 | $1,078,802 | $674,450 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Becca Tourville Hanousek serves as Executive Director of 44 North Foundation Inc, a position she has held since December 2020. She holds a Bachelor of Arts in Economics from College of Saint Benedict and Saint John's University and brings prior experience in media buying and analysis from the advertising sector, as well as inventory and merchandise planning experience from the retail industry.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARL P TOURVILLE | INITIAL MEMBER/DIRECTOR | 2 | — |
| TERESA L TOURVILLE | DIRECTOR | 20 | — |
| REBECCA T HANOUSEK | EXECUTIVE DIRECTOR | 35 | $56,154 |
| NICHOLAS K TOURVILLE | VICE PRESIDENT OF INVESTMENTS | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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