514 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 10 grants totaling $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6K
Annual Giving
$18K
Grant Count
10
Avg Grant Size
$2K
Under IRS private-foundation payout rules, 514 Foundation reported a distributable amount of $516 for 2024 — the minimum it must pay out in qualifying distributions.
About 514 Foundation
Based on IRS filings
514 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 10 grants totaling $18K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $5,529 | — |
| Revenue | $25,460 | — |
| Expenses | $19,931 | — |
| Qualifying Distributions | $18,215 | — |
| Net Investment Income | — | — |
| Distributable Amount | $516 | — |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kenmare Food Pantry ($3,000), Gift of Love ($2,996), Dakota Hope Clinic ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| PURSUIT CHURCH - DAY OF HOPE MINOT, ND | CHARITY | $1,238 |
| GIFT OF LOVE DESOTO, TX | CHARITY | $2,996 |
| EDGAR & IVY'S CAT SANCTUARY CORPUS CHRISTI, TX | CHARITY | $166 |
| SOJOURNER CENTER PHOENIX, AZ | CHARITY | $1,243 |
| 318 PROJECT BISMARCK, ND | CHARITY | $2,000 |
| KENMARE FOOD PANTRY MINOT, ND | CHARITY | $3,000 |
| KENMARE DOLLAR FOR SCHOLARS KENMARE, ND | CHARITY | $500 |
| DAKOTA HOPE CLINIC MINOT, ND | CHARITY | $2,500 |
| A21 USA FORT WORTH, TX | CHARITY | $2,500 |
| THE PURSUIT CHURCH - MOMENTUM MINOT, ND | CHARITY | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL INGERSON | DIRECTOR | 2 | — |
| ERIKA INGERSON | DIRECTOR | 2 | — |
| MADISEN VOIGT | DIRECTOR | 2 | — |
| BRAVERA WEALTH | TRUSTEE | 1 | $38 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 514 Foundation?
514 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINOT, ND. It holds $6K in total assets as of 2024.
How large is 514 Foundation?
As of 2024, 514 Foundation holds $6K in total assets with $25K in annual revenue. It awarded 10 grants totaling $18K in 2024.
Where does 514 Foundation operate?
514 Foundation has awarded grants in Arizona, North Dakota, Texas.
What size grants does 514 Foundation award?
In 2024, 514 Foundation awarded 10 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is 514 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 514 Foundation reported a distributable amount of $516 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 514 Foundation's EIN?
514 Foundation's EIN (Employer Identification Number) is 88-3052475. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in 514 Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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