Cannon Valley Communications Foundation
Cannon Valley Communications Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Elysian, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 31 grants totaling $125K. Net investment income was $301K.
Key facts about Cannon Valley Communications Foundation
- EIN
- 20-4474578
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $124,500
- Grants made (2024)
- 31
- Average grant
- $4,016
- Median grant
- $2,500
- New grantees (estimate)
- 48% first-time grantees (15 of 31, 2024)
- Total assets
- $1,429,103
- Primary geography
- Minnesota (84% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Cannon Valley Communications Foundation funds
By grant dollars, the top recipient states for Cannon Valley Communications Foundation's 31 itemized 2024 grants were Minnesota (84%) and South Dakota (12%). The most frequent recipient cities were Bricelyn, MN (8 grants), Elysian, MN (3 grants), Frost, MN (2 grants) and Freeborn, MN (2 grants). None of its 31 grants with a stated purpose were described as general or operating support. Recurring purposes include "Grant" (9 grants) and "Equipment" (5 grants).
Is Cannon Valley Communications Foundation open to new grantees?
48%
first-time grantees, 2024
In 2024, 15 of 31 grantees (48%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count
Medians: $3K first-time, $4K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Cannon Valley Communications Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+13.8% YoY
Annual Giving
$125K
+30.4% YoY
Grant Count
31
+3.3% YoY
Avg Grant Size
$4K
+26.2% YoY
Under IRS private-foundation payout rules, Cannon Valley Communications Foundation reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.
About Cannon Valley Communications Foundation
Based on IRS filings
Cannon Valley Communications Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Elysian, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 31 grants totaling $125K. Net investment income was $301K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 31 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,429,103 | $1,256,262 | $1,307,691 |
| Revenue | $321,516 | $66,844 | $69,015 |
| Expenses | $148,675 | $118,273 | $135,911 |
| Qualifying Distributions | $127,885 | $99,700 | $113,000 |
| Net Investment Income | $300,751 | $48,296 | $49,732 |
| Distributable Amount | $108,446 | $100,698 | $100,949 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
168 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include City of Frost Firemen's Relief Association ($16,000), University of South Dakota Foundation ($15,000), City of Waterville ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF FROST FIREMEN'S RELIEF ASSOCIATION Frost, MN | MATCHING FUNDS FOR EQUIPMENT & FUNDS FOR SCHOLARSHIP | $16,000 |
| UNIVERSITY OF SOUTH DAKOTA FOUNDATION Vermillion, SD | MEDICAL SCHOLARSHIPS | $15,000 |
| CITY OF WATERVILLE Waterville, MN | FUNDS FOR FLOOD CLEAN UP | $10,000 |
| BRICELYN COMMUNITY CLUB Bricelyn, MN | MATCHING FUNDS FOR PARK & POOL/5K FUNDS MATCH | $5,000 |
| BRICELYN FIREMAN RELIEF ASSOCIATION Bricelyn, MN | EQUIPMENT | $5,000 |
| ELYSIAN FIRE DEPARTMENT RELIEF ASSOCIATION Elysian, MN | EQUIPMENT | $5,000 |
| ELYSIAN LITTLE LEAGUE - AMERICAN LEGION POST 311 Elysian, MN | DONATION FOR FIELD REPLACEMENT | $5,000 |
| FREEBORN FIRE DEPARTMENT Freeborn, MN | EQUIPMENT | $5,000 |
| KIESTER FIRE DEPARTMENT Kiester, MN | EQUIPMENT | $5,000 |
| LE SUEUR COUNTY ENVIRONMENTAL SERVICES Le Center, MN | CANNON VALLEY FLOOD STUDY MATCHING FUNDS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Loretta a Johnson | President/Director | — | — |
| Matthew J Johnson | Secretary/Treas/Director | — | — |
| Jesse R Johnson | Director | — | — |
| Kristina Johnson | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cannon Valley Communications Foundation?
Cannon Valley Communications Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Elysian, MN. It holds $1.4M in total assets as of 2024.
How large is Cannon Valley Communications Foundation?
As of 2024, Cannon Valley Communications Foundation holds $1.4M in total assets with $322K in annual revenue. It awarded 31 grants totaling $125K in 2024.
Where does Cannon Valley Communications Foundation operate?
Cannon Valley Communications Foundation has awarded grants in District of Columbia, Florida, Georgia, Minnesota, Missouri, New York, South Dakota, Tennessee, Virginia.
What size grants does Cannon Valley Communications Foundation award?
In 2024, Cannon Valley Communications Foundation awarded 31 grants totaling $125K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Cannon Valley Communications Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cannon Valley Communications Foundation reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cannon Valley Communications Foundation's EIN?
Cannon Valley Communications Foundation's EIN (Employer Identification Number) is 20-4474578. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.