Birch Ridge Foundation

Private foundation · Grantmaker Minneapolis, MN EIN: 86-1248222

Birch Ridge Foundation is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grant totaling $140K. Net investment income was $1.2M.

Key facts about Birch Ridge Foundation

In short: Birch Ridge Foundation gave $140K across 1 grant in 2024 (avg $140K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
86-1248222
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$140,073
Grants made (2024)
1
Average grant
$140,073
Median grant
$140,073
Total assets
$4,016,050
Primary geography
Minnesota (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

+36.6% YoY

Annual Giving

$140K

+6.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$140K

+6.9% YoY

Under IRS private-foundation payout rules, Birch Ridge Foundation reported a distributable amount of $161K for 2024 — the minimum it must pay out in qualifying distributions.

How Birch Ridge Foundation gives

  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

BostonMinneapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $1K (2022) to $140K (2024). In 2024 it made 1 grant totaling $140K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Fidelity Investments Charitable Gif: $140KFidelity InvestmentsCharitable Gif$140K

The largest 2024 recipient was Fidelity Investments Charitable Gif ($140K).

Grant Size Distribution

3 grants across all recorded years

1<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Charitable Gif Minneapolis, MNGeneral Purpose to Be Determined by the Grantee$140,073

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2021 2022 2023 2024
Metric202420232022
Total Assets$4,016,050$2,940,336$2,979,931
Revenue$1,788,780$110,569$42,212
Expenses$171,726$150,164$18,103
Qualifying Distributions$155,092$147,914$17,949
Net Investment Income$1,194,481$110,419$42,062
Distributable Amount$161,245$152,294$147,255

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Birch Ridge Foundation is led by Kirk Nielsen, Director, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kirk Nielsen

    Director, President & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Heather J. Nielsen

    Director & Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Birch Ridge Foundation

How much does Birch Ridge Foundation give each year?

Birch Ridge Foundation gave $140K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $131K across 1 grant.

How large is Birch Ridge Foundation?

Birch Ridge Foundation reported $4.0M in total assets on its 2024 IRS Form 990-PF. It paid out $155K in qualifying distributions that year, against a required minimum of $161K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Birch Ridge Foundation operate?

Birch Ridge Foundation has awarded grants in Massachusetts, Minnesota.

What is Birch Ridge Foundation's EIN?

Birch Ridge Foundation's EIN (Employer Identification Number) is 86-1248222. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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