Best Buy Foundation

RICHFIELD, MN EIN: 41-1784382

Best Buy Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHFIELD, MN. IRS filing data is available from 2021 through 2025. In 2025, it awarded 1 grants totaling $17.8M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$17.8M

+32.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$17.8M

+32.5% YoY

About Best Buy Foundation

Based on IRS filings

Best Buy Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHFIELD, MN. IRS filing data is available from 2021 through 2025. In 2025, it awarded 1 grants totaling $17.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Richfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$18M1 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

See Attached Statement 3A$17.8M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Open Grants

7 open opportunities from Best Buy Foundation

Show all 7 →

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include See Attached Statement 3A ($17,830,197).

RecipientPurposeAmount
See Attached Statement 3A Richfield, MNSupporting communitiies$17,830,197

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Todd HartmanPresident
Molly KinsellaSecretary
Mat WatsonTreasurer
Corie BarryTrustee
Jason BonfigTrustee
Meghan CondonTrustee
Melanie CornellTrustee
David GarciaTrustee
Amelia HardyTrustee
Jeff HaydockTrustee
Mark IrvinTrustee
Chemu Lang'atTrustee
Patrick McIntyreTrustee
Polly TraceyTrustee
Jennie WeberTrustee
Kamy ScarlettTrustee

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Best Buy Foundation?

Best Buy Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHFIELD, MN. It holds — in total assets as of 2025.

Where does Best Buy Foundation operate?

Best Buy Foundation has awarded grants in Minnesota.

What size grants does Best Buy Foundation award?

In 2025, Best Buy Foundation awarded 1 grants totaling $17.8M — an average of about $17.8M per grant, based on its IRS Form 990 filings.

What is Best Buy Foundation's EIN?

Best Buy Foundation's EIN (Employer Identification Number) is 41-1784382. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in Best Buy 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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