Diamondbuilder Foundation

Private foundation · Grantmaker Minnetonka, MN EIN: 20-3935610

Diamondbuilder Foundation is a private foundation based in Minnetonka, Minnesota. Its 2025 filing reports grants supporting charitable organizations in Minnesota, Colorado, Texas, and Florida; the listed grant purposes are “Mission Support.”

Diamondbuilder Foundation at a glance

In short: Diamondbuilder Foundation gave $47K across 11 grants in 2025 (avg $4K), top state Minnesota. 18% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$46,900
-19.2% vs 2024
Grants made (2025)
11
+22.2% vs 2024
Average grant
$4,264
-33.9% vs 2024
Median grant
$3,600
Total assets
$414,515
+38.2% vs 2024
New grantees (estimate)
18% first-time grantees (2 of 11, 2025; small sample)
Primary geography
Minnesota (48% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Diamondbuilder Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 4396 Avondale St, Minnetonka, MN 55345-2701

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Diamondbuilder Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Common Ground Consultants Inc: $15KCommon Ground Consultants Inc$15KNew Horizons Foundation: $7KNew Horizons Foundation$7KRidgewood Church: $7KRidgewood Church$7KEmpowering Leadership International: $4KEmpowering LeadershipInternational$4KThe Navigators: $4KThe Navigators$4KAllegro Solutions: $4KAllegro Solutions$4KCRU: $3KCRU$3KElic: $1KElic$1K4 Gens: $1K4 Gens$1KJoni and Friends: $1KJoni and Friends$1K

The largest 2025 recipient was Common Ground Consultants Inc ($15K). Together the top 10 received $46K.

Grant Size Distribution

53 grants across all recorded years

53<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 53 grants of 53 (100%).

Geographic Focus

Where this funder awards grants

In 2025, grant dollars went to recipients in Minnesota (48%), Colorado (30%), Texas (16%), and Florida (6%).

Grant Distribution by State

5states

Share of 2025 grant dollars across all 11 itemized grants.

Cities

Colorado SpringsMinnetonkaHopkinsCedar ParkOrlandoCarverAlbert LeaFort CollinsHoustonMedinaPlymouthPoway

Is Diamondbuilder Foundation open to new grantees?

18%

first-time grantees, 2025

In 2025, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $2K; repeat grants $5K. How we count

Medians: $2K first-time, $4K repeat.

  • 64% of 2025 grantees were also funded in 2024. Method
  • Giving fell 22% from 2022 to 2025. Method
  • In 2025 it paid out 212% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K8 grants2020 10 grants2021 11 grants2022 12 grants2023 9 grants2024 11 grants2025

From 2020 to 2025, annual grant giving ranged from $47K (2025) to $74K (2021). In 2025 it made 11 grants totaling $47K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Common Ground Consultants Inc Hopkins, MNMission Support$15,000
New Horizons Foundation Colorado Springs, COMission Support$7,200
Ridgewood Church Minnetonka, MNMission Support$6,600
Empowering Leadership International Cedar Park, TXMission Support$4,000
The Navigators Colorado Springs, COMission Support$3,600
Allegro Solutions Houston, TXMission Support$3,600
CRU Orlando, FLMission Support$2,700
Elic Fort Collins, COMission Support$1,200
4 Gens Colorado Springs, COMission Support$1,000
Joni and Friends Hopkins, MNMission Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$414,515$47,940$51,090$46,90011$46,900$43,750$22,119
2024$299,886$54,731$66,838$58,0529$58,052$48,745$20,677
2023$311,993$22,630$67,130$58,41212$58,412$16,573$22,187
2022$356,493$26,070$69,669$60,45011$60,450$19,596$25,768
2021$400,092$35,792$90,625$74,27310$74,273$24,365$30,294
2020$454,925$13,911$76,915$70,8008—$2,686$27,464

Under IRS private-foundation payout rules, Diamondbuilder Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grantees include organizations with cross-cultural relationship and Christian leadership missions. Common Ground Consultants Inc describes its mission as “to promote cross cultural relationship development.” Empowering Leadership International says its mission is to train and empower Christian leaders, especially business professionals, to become Christ-centered leaders and build spiritual movements domestically and abroad. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2025, the foundation gave $46,900 through 11 grants. Grants ranged from $1,000 to $15,000, with a median of $3,600. The largest awards were $15,000 to Common Ground Consultants Inc, $7,200 to New Horizons Foundation, and $6,600 to Ridgewood Church. Other grants included $4,000 to Empowering Leadership International, $3,600 each to The Navigators and Allegro Solutions, and $2,700 to CRU.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Rick Heupel as president; Mavis Heupel as vice-president; and Lisa Heupel, Scott Heupel, Laura Jacobson, and Lindsay Grill as directors.

Diamondbuilder Foundation is led by Rick C. Heupel, President since 2025 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Rick C. Heupel

    President

    Director & President → President, 2025

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Lisa A. Heupel

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Scott C. Heupel

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Laura Jacobson

    Director

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Lindsay Grill

    Director

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Mavis R. Heupel

    Vice President

    Director, Vice President & Secretary → Vice President, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Laura E. Heupel (2020–2024) — Director
  • Former: Lindsay M. Heupel (2020–2024) — Director

Data from IRS Form 990 filings, 2020–2025. "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 Diamondbuilder Foundation

How much does Diamondbuilder Foundation give each year?

Diamondbuilder Foundation gave $47K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $58K across 9 grants.

What is Diamondbuilder Foundation's typical grant size?

Diamondbuilder Foundation's median grant in 2025 was $3,600, and its average grant was $4,264, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Diamondbuilder Foundation that year got $2K on average.

Where does Diamondbuilder Foundation give grants?

Diamondbuilder Foundation's top state is Minnesota, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Colorado (30%) and Texas (16%). The most frequent recipient cities were Colorado Springs, CO (4 grants) and Hopkins, MN (2 grants).

Does Diamondbuilder Foundation give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on Diamondbuilder Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Mission Support" (11 grants).

Who are Diamondbuilder Foundation's largest grantees?

Diamondbuilder Foundation's largest 2025 grantees include Common Ground Consultants Inc ($15,000), New Horizons Foundation ($7,200) and Ridgewood Church ($6,600), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.

How large is Diamondbuilder Foundation?

Diamondbuilder Foundation reported $415K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).

What does Diamondbuilder Foundation fund?

No mission statement for the foundation is provided. Its 2025 grantees include organizations with cross-cultural relationship and Christian leadership missions. Common Ground Consultants Inc describes its mission as “to promote cross cultural relationship development.” See mission & focus areas ↑

How do I apply for a grant from Diamondbuilder Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Diamondbuilder Foundation's EIN?

Diamondbuilder Foundation's EIN (Employer Identification Number) is 20-3935610. IRS Form 990 filing data is available on this page for 2020–2025.

Does Diamondbuilder Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 16, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Diamondbuilder Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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