David C & Margaret F Prosser Foundation
David C & Margaret F Prosser Foundation is a private foundation, based in New Brighton, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $84K in total assets. In 2024, it awarded 1 grant totaling $14K. Net investment income was $7K.
David C & Margaret F Prosser Foundation at a glance
In short: David C & Margaret F Prosser Foundation gave $14K across 1 grant in 2024 (avg $14K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $13,500
- -79.5% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $13,500
- -79.5% vs 2023
- Median grant
- $13,500
- Total assets
- $83,860
- -8.5% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who David C & Margaret F Prosser Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Haiti Outreach ($14K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How David C & Margaret F Prosser Foundation gives
- Giving fell 28% from 2021 to 2024. Method
- In 2024 it paid out 304% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $14K (2024) to $66K (2023). In 2024 it made 1 grant totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haiti Outreach Hopkins, MN | General | $13,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $83,860 | $8,913 | $16,677 | $13,500 | 1 | $14,550 | $6,786 | $4,793 |
| 2023 | $91,611 | $4,975 | $70,491 | $66,000 | 1 | $67,528 | $2,012 | $6,443 |
| 2022 | $157,127 | $9,041 | $31,351 | $25,800 | 1 | $27,476 | $5,430 | $8,789 |
| 2021 | $179,437 | $22,321 | $23,745 | $18,850 | 1 | $20,306 | $18,882 | $10,319 |
| 2020 | $180,861 | $8,286 | $22,567 | $18,000 | 1 | — | $5,471 | $9,376 |
Under IRS private-foundation payout rules, David C & Margaret F Prosser Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
David C & Margaret F Prosser Foundation is led by Pamela Prosser, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Pamela Prosser
President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 David C & Margaret F Prosser Foundation
How much does David C & Margaret F Prosser Foundation give each year?
David C & Margaret F Prosser Foundation gave $14K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $66K across 1 grant.
How large is David C & Margaret F Prosser Foundation?
David C & Margaret F Prosser Foundation reported $84K in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
Where does David C & Margaret F Prosser Foundation operate?
David C & Margaret F Prosser Foundation has awarded grants in Minnesota.
What is David C & Margaret F Prosser Foundation's EIN?
David C & Margaret F Prosser Foundation's EIN (Employer Identification Number) is 41-1875877. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Added Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 9, 2025)
- IRS filings on file for fiscal years 2020–2024
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