Api Group Foundation
API Group Foundation is a private grantmaking foundation established in 2020 and based in New Brighton, Minnesota. The foundation is funded by API Group Inc. and operates as a 501(c)(3) charitable organization dedicated to investing in communities through grants and team member partnerships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+81.0% YoY
Annual Giving
$1.1M
-14.6% YoY
Grant Count
55
+27.9% YoY
Avg Grant Size
$20K
-33.3% YoY
Under IRS private-foundation payout rules, Api Group Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
API Group Foundation's mission is to build a better tomorrow by investing in communities through grants and team member partnerships. The foundation demonstrates leadership through active involvement in the communities it serves, prioritizing the safety, health, and well-being of others while building caring and enduring relationships.
The foundation's support is focused on opportunities for youth, historically underserved populations, and veterans. Specific investment areas include:
- Access to safe and adequate housing and physical environments
- Health care, including meaningful mental and chemical health services, and other basic needs
- Quality community engagement
- Educational and workforce development programs
Grantmaking
API Group Foundation does not accept unsolicited applications. Organizations invited to submit a proposal can complete the MN Common Grant Application with supporting materials.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily focused on Minnesota, Wisconsin, and Texas. Additional funding activity has been documented in Georgia and Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1,032,387
- Total Revenue: $1.56 million
- Total Expenses: $1.1 million
- Total Liabilities: $0
- Total Giving: $1,096,500
The foundation has maintained stable financial operations since its establishment in 2020.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,032,387 | $570,411 | $1,787,501 |
| Revenue | $1,559,416 | $67,503 | $304,571 |
| Expenses | $1,097,440 | $1,284,593 | $419,611 |
| Qualifying Distributions | $1,096,500 | $1,284,550 | $419,611 |
| Net Investment Income | $59,416 | $67,478 | $3,071 |
| Distributable Amount | $65,128 | $65,387 | $102,895 |
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
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Health Care Foundation ($300,000), University of St Thomas ($80,000), Studio-180 ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 23RD VETERAN DULUTH, MN | GENERAL SUPPORT | $5,000 |
| 911 DAY IRVINE, CA | GENERAL SUPPORT | $2,500 |
| ACHIEVE TWIN CITIES MINNEAPOLIS, MN | GENERAL SUPPORT | $20,000 |
| ALLINA HEALTH FOUNDATION MINNEAPOLIS, MN | GENERAL SUPPORT | $5,000 |
| ALTERNATIVES TO VIOLENCE ST PAUL, MN | GENERAL SUPPORT | $1,000 |
| ANGEL FOUNDATION MENDOTA HEIGHTS, MN | GENERAL SUPPORT | $10,000 |
| ASCENSION WISCONSIN FOUNDATION BROOKFIELD, WI | GENERAL SUPPORT | $6,000 |
| AVIVO MINNEAPOLIS, MN | GENERAL SUPPORT | $10,000 |
| BREAKTHROUGH T1D MNDAKOTA CHAPTER BLOOMINGTON, MN | GENERAL SUPPORT | $5,000 |
| CHILDRENS HEALTH CARE FOUNDATION EDINA, MN | GENERAL SUPPORT | $300,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Leadership includes Kristina Morton serving as President and Director, with a board comprising several directors including Russell A. Becker and Shannon Swanson-Arend.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL A BECKER | DIRECTOR | 1 | — |
| LOUIS LAMBERT | DIRECTOR | 1 | — |
| TONY LARSON | DIRECTOR (END 12/2023) | 1 | — |
| TONY LUCIA | DIRECTOR | 1 | — |
| ANDREW S MCCLEERY | DIRECTOR | 1 | — |
| KRISTINA MORTON | PRESIDENT AND DIRECTOR | 1 | — |
| SHELLEY PLUNKETT | DIRECTOR | 1 | — |
| SHANNON SWANSON-AREND | VP AND DIRECTOR (END 5/2024) | 1 | — |
| KRISTEN BETTMANN | TREASURER | 1 | — |
| AMY OLSEN | SECRETARY (END 8/2023) | 1 | — |
| JESSIE SZOPINSKI | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Api Group Foundation fund?
API Group Foundation's mission is to build a better tomorrow by investing in communities through grants and team member partnerships. The foundation demonstrates leadership through active involvement in the communities it serves, prioritizing the safety, health, and well-being of others while building caring and enduring relationships. The foundation's support is focused on opportunities for youth, historically underserved populations, and veterans. Specific investment areas include: • Access t…
How do I apply for a grant from Api Group Foundation?
API Group Foundation does not accept unsolicited applications. Organizations invited to submit a proposal can complete the MN Common Grant Application with supporting materials. Based on recent financial data, the foundation awarded approximately $1,096,500 in grants. Typical grant awards range from $1,000 to $300,000.
Where does Api Group Foundation make grants?
The foundation's grantmaking is primarily focused on Minnesota, Wisconsin, and Texas. Additional funding activity has been documented in Georgia and Massachusetts.
What size grants does Api Group Foundation award?
In 2024, Api Group Foundation awarded 55 grants totaling $1.1M — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Api Group Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Api Group Foundation reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Api Group Foundation's EIN?
Api Group Foundation's EIN (Employer Identification Number) is 84-4060369. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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