Bakken Galbraith Foundation MA
Bakken Galbraith Foundation MA is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $216K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $36K.
Bakken Galbraith Foundation MA at a glance
In short: Bakken Galbraith Foundation MA gave $18K across 9 grants in 2024 (avg $2K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $18,000
- +80.0% vs 2023
- Grants made (2024)
- 9
- +12.5% vs 2023
- Average grant
- $2,000
- +60.0% vs 2023
- Median grant
- $1,000
- Total assets
- $216,235
- +10.0% vs 2023
- Primary geography
- Minnesota (89% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Bakken Galbraith Foundation MA funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Bricks to Bread International ($5K). Together the top 9 received $18K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 43 grants of 43 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Bakken Galbraith Foundation MA gives
- Giving grew 29% from 2021 to 2024. Method
- In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2023) to $25K (2022). In 2024 it made 9 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bricks to Bread International St Louis Park, MN | General Operating | $5,000 |
| St Louis Park Sunrise Rotary Fdn Wayzata, MN | General Operating | $4,000 |
| Trinity Lutheran Church Long Lake, MN | General Operating | $2,000 |
| Rotary International Charitable Fdn Chicago, IL | General Operating | $2,000 |
| U of MN - Men's Trackcross Country Minneapolis, MN | General Operating | $1,000 |
| Orono Rotary Club Long Lake, MN | General Operating | $1,000 |
| A Breath of Hope Wayzata, MN | General Operating | $1,000 |
| Children's Minnesota Fdn - Neonatal Edina, MN | General Operating | $1,000 |
| Rise Early Learning Center St Louis Saint Louis Park, MN | General Operating | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $216,235 | $36,944 | $19,249 | $18,000 | 9 | $18,000 | $35,732 | $15,063 |
| 2023 | $196,545 | $8,570 | $13,923 | $10,000 | 8 | $12,775 | $7,422 | $12,057 |
| 2022 | $201,935 | $10,352 | $26,580 | $25,000 | 9 | $25,025 | $9,079 | $13,177 |
| 2021 | $218,144 | $13,696 | $15,315 | $14,000 | 8 | $14,025 | $12,406 | $15,027 |
| 2020 | $219,792 | $1,412 | $20,145 | $15,000 | 9 | — | $3,755 | $13,057 |
Under IRS private-foundation payout rules, Bakken Galbraith Foundation MA reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bakken Galbraith Foundation MA is led by Bradley Bakken, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bradley Bakken
President
On filings since 2020
1 hr/week
No compensation reported
Mary Bakken
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bakken Galbraith Foundation MA
How much does Bakken Galbraith Foundation MA give each year?
Bakken Galbraith Foundation MA gave $18K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 8 grants.
What is Bakken Galbraith Foundation MA's typical grant size?
Bakken Galbraith Foundation MA's median grant in 2024 was $1,000, and its average grant was $2,000, across 9 grants on its 2024 IRS Form 990-PF.
Where does Bakken Galbraith Foundation MA give grants?
Bakken Galbraith Foundation MA gives mostly in Minnesota: 89% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (11%). The most frequent recipient cities were St Louis Park, MN (2 grants), Wayzata, MN (2 grants) and Long Lake, MN (2 grants).
Does Bakken Galbraith Foundation MA give general operating support?
Yes: 100% of Bakken Galbraith Foundation MA's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Bakken Galbraith Foundation MA's largest grantees?
Bakken Galbraith Foundation MA's largest 2024 grantees include Bricks to Bread International ($5,000), St Louis Park Sunrise Rotary Fdn ($4,000) and Trinity Lutheran Church ($2,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.
How large is Bakken Galbraith Foundation MA?
Bakken Galbraith Foundation MA reported $216K in total assets on its 2024 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).
What is Bakken Galbraith Foundation MA's EIN?
Bakken Galbraith Foundation MA's EIN (Employer Identification Number) is 71-1850597. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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