Broms Family Foundation
Broms Family Foundation is a private foundation focused on Philanthropy, based in Minnetonka, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3K in total assets. In 2025, it awarded 14 grants totaling $126K. Net investment income was $343.
Key facts about Broms Family Foundation
In short: Broms Family Foundation gave $126K across 14 grants in 2025 (avg $9K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 23-7015484
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $126,000
- Grants made (2025)
- 14
- Average grant
- $9,000
- Median grant
- $5,000
- Total assets
- $2,513
- Primary geography
- Minnesota (77% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3K
-39.9% YoY
Annual Giving
$126K
+4.1% YoY
Grant Count
14
-6.7% YoY
Avg Grant Size
$9K
+11.6% YoY
Under IRS private-foundation payout rules, Broms Family Foundation reported a distributable amount of $371 for 2025 — the minimum it must pay out in qualifying distributions.
How Broms Family Foundation gives
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+8%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $52K (2021) to $169K (2023). In 2025 it made 14 grants totaling $126K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Temple Israel ($35K). Together the top 10 received $118K.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 62 grants of 64 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Temple Israel Minneapolis, MN | General | $35,000 |
| Minneapolis Jewish Federation Minneapolis, MN | General | $25,000 |
| Herzl Camp Foundation Golden Valley, MN | General | $15,000 |
| United States Holocaust Memorial Museum Washington, DC | General | $12,500 |
| New Israel Fund Lewiston, ME | General | $10,000 |
| Jewish Famliy and Childrens Services Golden Valley, MN | General | $5,000 |
| J-Hap Golden Valley, MN | General | $5,000 |
| North Side Achievement Zone Minneapolis, MN | General | $5,000 |
| Anti Defamation League New York, NY | General | $2,500 |
| Hand in Hand Everett, WA | General | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,513 | $4,179 | $22,090 |
| Revenue | $124,343 | $103,183 | $188,087 |
| Expenses | $126,009 | $121,094 | $170,702 |
| Qualifying Distributions | $126,000 | $121,000 | $169,020 |
| Net Investment Income | $343 | $683 | $587 |
| Distributable Amount | $371 | $950 | $1,021 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 2, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Broms Family Foundation is led by Richard A. Broms, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard A. Broms
President
On filings since 2019
2 hrs/week
No compensation reported
Cathy Broms
Secretary & Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Broms Family Foundation
How much does Broms Family Foundation give each year?
Broms Family Foundation gave $126K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $121K across 15 grants.
What is Broms Family Foundation's typical grant size?
Broms Family Foundation's median grant in 2025 was $5,000, and its average grant was $9,000, across 14 grants on its 2025 IRS Form 990-PF.
Where does Broms Family Foundation give grants?
Broms Family Foundation gives mostly in Minnesota: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (10%) and Maine (8%). The most frequent recipient cities were Minneapolis, MN (3 grants) and Golden Valley, MN (3 grants).
Does Broms Family Foundation give general operating support?
Yes: 100% of Broms Family Foundation's 2025 grants with a stated purpose (14 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Broms Family Foundation's largest grantees?
Broms Family Foundation's largest 2025 grantees include Temple Israel ($35,000), Minneapolis Jewish Federation ($25,000) and Herzl Camp Foundation ($15,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Broms Family Foundation?
Broms Family Foundation reported $3K in total assets on its 2025 IRS Form 990-PF. It paid out $126K in qualifying distributions that year, against a required minimum of $371 (roughly 5% of its investment assets).
What is Broms Family Foundation?
Broms Family Foundation is a private foundation focused on Philanthropy, based in Minnetonka, MN. It holds $3K in total assets as of 2025.
What is Broms Family Foundation's EIN?
Broms Family Foundation's EIN (Employer Identification Number) is 23-7015484. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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