Diamondbuilder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $300K in total assets. In 2024, it awarded 9 grants totaling $58K. Net investment income was $49K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$300K
-3.9% YoY
Annual Giving
$58K
-0.6% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$6K
+32.5% YoY
Under IRS private-foundation payout rules, Diamondbuilder Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About Diamondbuilder Foundation
Based on IRS filings
Diamondbuilder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $300K in total assets. In 2024, it awarded 9 grants totaling $58K. Net investment income was $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $299,886 | $311,993 | $356,493 |
| Revenue | $54,731 | $22,630 | $26,070 |
| Expenses | $66,838 | $67,130 | $69,669 |
| Qualifying Distributions | $58,052 | $58,412 | $60,450 |
| Net Investment Income | $48,745 | $16,573 | $19,596 |
| Distributable Amount | $20,677 | $22,187 | $25,768 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ridgewood Church ($27,252), Common Ground Consultants ($13,200), New Horizons ($7,800).
| Recipient | Purpose | Amount |
|---|---|---|
| 4 GENS COLORADO SPRINGS, CO | GENERAL ASSISTANCE | $1,000 |
| COMMON GROUND CONSULTANTS HOPKINS, MN | GENERAL ASSISTANCE | $13,200 |
| CRU ORLANDO, FL | GENERAL ASSISTANCE | $2,200 |
| EMPOWERING LEADERSHIP INT CEDAR PARK, TX | GENERAL ASSISTANCE | $5,100 |
| NEW HORIZONS COLORADO SPRINGS, CO | GENERAL ASSISTANCE | $7,800 |
| ONE CHALLENGE COLORADO SPRINGS, CO | GENERAL ASSISTANCE | $1,000 |
| RIDGEWOOD CHURCH MINNETONKA, MN | GENERAL ASSISTANCE | $27,252 |
| PLYMOUTH COVENANT CHURCH PLYMOUTH, MN | GENERAL ASSISTANCE | $200 |
| REDEEMER BIBLE CHURCH MINNETONKA, MN | GENERAL ASSISTANCE | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICK C HEUPEL | DIRECTOR, PRESIDENT AND TR | 6 | — |
| MAVIS R HEUPEL | DIRECTOR, VP AND SECRETARY | — | — |
| LISA A HEUPEL | DIRECTOR | — | — |
| SCOTT C HEUPEL | DIRECTOR | — | — |
| LAURA E HEUPEL | DIRECTOR | — | — |
| LINDSAY M HEUPEL | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Diamondbuilder Foundation?
Diamondbuilder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. It holds $300K in total assets as of 2024.
How large is Diamondbuilder Foundation?
As of 2024, Diamondbuilder Foundation holds $300K in total assets with $55K in annual revenue. It awarded 9 grants totaling $58K in 2024.
Where does Diamondbuilder Foundation operate?
Diamondbuilder Foundation has awarded grants in California, Colorado, Florida, Minnesota, Texas.
What size grants does Diamondbuilder Foundation award?
In 2024, Diamondbuilder Foundation awarded 9 grants totaling $58K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Diamondbuilder Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Diamondbuilder Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Diamondbuilder Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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