Blue Water Foundation
MINNETONKA, MN EIN: 86-1574830
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$7.1M
+7.6% YoY
Annual Giving
$300K
+20.0% YoY
Grant Count
1
-83.3% YoY
Avg Grant Size
$300K
+620.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,104,316 | $6,599,462 | $6,192,548 |
| Revenue | $321,990 | $596,180 | $3,304,187 |
| Expenses | $332,748 | $290,180 | $59,333 |
| Qualifying Distributions | $300,788 | $253,466 | $57,251 |
| Net Investment Income | $294,267 | $560,399 | $75,054 |
| Distributable Amount | $332,679 | $279,931 | $223,413 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Blue Water Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT SABES | PRESIDENT | 1 | — |
| JANET SABES | SECRETARY | 1 | — |
| JON SABES | DIRECTOR | 1 | — |
| ROSS SABES | DIRECTOR | 1 | — |
| STEVEN SABES | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Nevada $394K (65%)
Ohio $200K (33%)
Minnesota $13K (2%)
Cities
EdinaExcelsiorHendersonIndependenceLake ElmoLas VegasMinneapolisMinnetonkaStillwater
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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