The Bakken Family WRC Foundation is a private grantmaking foundation based in Prior Lake, Minnesota. Established in 1996, it operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.0M
-4.3% YoY
Grant Count
30
-6.3% YoY
Avg Grant Size
$33K
+2.1% YoY
Mission & Focus Areas
The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation directs grants primarily to organizations in Minnesota, Georgia, and Colorado.
Grantmaking
The foundation does not accept unsolicited applications.
Grant Range
$5,000–$265,000
How to Apply
**
Ready to take the next step with Bakken Family Wrc Foundation?
Geographic Focus
Where this funder awards grants
Primary grantmaking regions include Minnesota, Georgia, and Colorado. The majority of grants support organizations in the Minneapolis-St. Paul metropolitan area and surrounding Minnesota communities.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $18,021,422
- Total annual giving: $1,000,000
- Total revenues: $1,054,489
- Total expenses: $1,116,897
- Total liabilities: $0
Revenue Sources (2024):
- Investment income and dividends: $553,820
- Net gain from sale of non-inventory assets: $495,467
Historical Trends:
- 2023: $18.4M in assets, $1.2M in giving (35 grants)
- 2022: $19.8M in assets, $1.2M in giving (34 grants)
- 2021: $18.5M in assets, $1.0M in giving (25 grants)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
156 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pavek Museum of Broadcasting ($255,000), The Bakken Museum ($112,000), First Lutheran Church ($97,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLINA HEALTH FOUNDATION MINNEAPOLIS, MN | GENERAL SUPPORT | $40,000 |
| ALS ASSOCIATION ARLINGTON, VA | GENERAL SUPPORT | $5,000 |
| ALZHEIMERS ASSOCIATION OF MINNESOTA MINNEAPOLIS, MN | GENERAL SUPPORT | $5,000 |
| AMERICAN CANCER SOCITY ATLANTA, GA | GENERAL SUPPORT | $5,000 |
| AMERICAN RED CROSS MINNEAPOLIS, MN | GENERAL SUPPORT | $10,000 |
| ASPEN MOUNTAIN RESCUE ASPEN, CO | GENERAL SUPPORT | $5,000 |
| ATTACH MINNEAPOLIS, MN | GENERAL SUPPORT | $30,500 |
| CHILDREN'S LAW CENTER OF MINNESOTA ST PAUL, MN | GENERAL SUPPORT | $20,000 |
| CRESCENT COVE ST LOUIS PARK, MN | GENERAL SUPPORT | $5,000 |
| DODOMA TANZANIA HEALTH DEVELOPMENT MINNEAPOLIS, MN | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Pamela B Petersmeyer – President
- Wendy K Watson – Vice President
- Bradley Bakken – Treasurer
- Jeffrey Bakken – Secretary
All board members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY BAKKEN | SECRETARY | 1 | — |
| WENDY K WATSON | VICE PRESIDENT | 1 | — |
| BRADLEY BAKKEN | TREASURER | 1 | — |
| PAMELA B PETERSMEYER | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Bakken Family Wrc Foundation fund?
The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation directs grants primarily to organizations in Minnesota, Georgia, and Colorado.
How do I apply for a grant from Bakken Family Wrc Foundation?
**Grant Activity:** • Annual giving: approximately $1,000,000 • Number of grants: 30-35 annually (2024: 32 grants) • Grant range: $5,000–$265,000 • Median grant size: $10,000–$20,000 **Recent Grant Recipients (2024):** • Pavek Museum of Broadcasting: $255,000 • Norway House: $92,500 • Shepherd of the Lake Lutheran Church: $75,000 **Other Notable Recipients (2023):** • The Bakken Museum: $165,000 • Norway House: $142,000 • Pavek Museum of Broadcasting: $125,000 • First Lutheran Church: $95,000 •…
Where does Bakken Family Wrc Foundation make grants?
Primary grantmaking regions include Minnesota, Georgia, and Colorado. The majority of grants support organizations in the Minneapolis-St. Paul metropolitan area and surrounding Minnesota communities.
What size grants does Bakken Family Wrc Foundation award?
In 2024, Bakken Family Wrc Foundation awarded 30 grants totaling $1.0M — an average of about $33K per grant, based on its IRS Form 990 filings.
What is Bakken Family Wrc Foundation's EIN?
Bakken Family Wrc Foundation's EIN (Employer Identification Number) is 41-1796283. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bakken Family Wrc Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
Litchfield Student Anglers Club
LITCHFIELD, MN
Assets
$738
Grants
0
Total Given
—
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Bakken Family Wrc Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Bakken Family Wrc Foundation to a real strategy.