Connexus Energy Foundation
The Connexus Energy Foundation is a corporate foundation based in Ramsey, Minnesota, established in 2020. It operates as a 501(c)(3) organization and serves as the philanthropic arm of Connexus Energy, a member-owned electric cooperative. The foundation primarily funds donations, high school scholarships, and community initiatives through various programs including its "Your Community Your Choice" program and employee match contributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$548K
+68.7% YoY
Annual Giving
$360K
-0.1% YoY
Grant Count
119
+5.3% YoY
Avg Grant Size
$3K
-5.1% YoY
Mission & Focus Areas
The foundation supports community initiatives with a focus on:
- Education (including high school scholarships)
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Wildlife and nature outreach
Grantmaking
The foundation accepts new applicants and funded approximately 12% of new applicants in recent periods.
Grant Range
approximately $14,000
Average Grant
approximately $14,000
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple states, with primary focus in:
- Minnesota (primary focus)
- Iowa
- Pennsylvania
- Additional states served include Alabama, Colorado, Florida, Illinois, Indiana, New Jersey, New York, South Dakota, Texas, Washington, and others
Within Minnesota, the foundation supports communities including Minneapolis, Saint Paul, and surrounding areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $548,465
- Total Revenues: $584,498
- Total Expenses: $361,118
- Total Giving: $359,517
Funding Source: The foundation receives its primary support from Connexus Energy, which made a general donation of $576,060 in 2024.
Staffing: The foundation operates with 0 employees, relying on volunteer leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $548,465 | $325,085 | $237,935 |
| Revenue | $584,498 | $449,257 | $342,995 |
| Expenses | $361,118 | $362,107 | $385,290 |
| Qualifying Distributions | $361,118 | $362,107 | $385,290 |
| Net Investment Income | $8,438 | — | — |
| Distributable Amount | $20,144 | $10,012 | $7,137 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board serving without compensation:
- Yan Paul Martinez - President/Director
- Alison Miles - Secretary/Treasurer/Director
- Mark Koplin - Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YAN PAUL MARTINEZ | PRESIDENT/DIRECTOR | 0.3 | — |
| ALISON MILES | SECRETARY/TREASURER/DIRECTOR | 0.5 | — |
| MARK KOPLIN | DIRECTOR | 0.15 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to expand its community support through multiple channels, including direct donations, scholarship programs, and wildlife outreach initiatives. In 2024, the foundation distributed grants to 113 different organizations and causes, demonstrating active and broad-based community engagement across its service regions.
New ERA Grant | Community Benefit Plan - Connexus EnergySubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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