Doughty Family Foundation

Private foundation · Grantmaker Minneapolis, MN EIN: 41-1864240

Doughty Family Foundation is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $15K. Net investment income was $17K.

Key facts about Doughty Family Foundation

In short: Doughty Family Foundation gave $15K across 2 grants in 2024 (avg $7K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
41-1864240
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$14,610
Grants made (2024)
2
Average grant
$7,305
Median grant
$7,305
Primary geography
Minnesota (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$15K

+7.8% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$7K

-46.1% YoY

Under IRS private-foundation payout rules, Doughty Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

How Doughty Family Foundation gives

  • Giving grew 50% from 2021 to 2024. Method
  • In 2024 it paid out 694% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Lake City

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 1 grant2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $10K (2021) to $15K (2024). In 2024 it made 2 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Independent School District 813: $15K across 2 grantsIndependent School District813$15K · 2 grants

The largest 2024 recipient was Independent School District 813 ($15K across 2 grants).

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Independent School District 813 Lake City, MNProvide scholarships$12,550
Independent School District 813 Lake City, MNProvide scholarships$2,060

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$126,449$127,138
Revenue$17,193$13,343$11,316
Expenses$20,000$14,032$13,456
Qualifying Distributions$14,635$13,875$13,300
Net Investment Income$17,193$9,091$11,316
Distributable Amount$2,109$12,877$14,015

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 10, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 22, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Doughty Family Foundation is led by Neil Doughy, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Neil Doughy

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jane Doughty

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Doughty

    Director

    On filings since 2020

    1 hr/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 Doughty Family Foundation

How much does Doughty Family Foundation give each year?

Doughty Family Foundation gave $15K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $14K across 1 grant.

Where does Doughty Family Foundation operate?

Doughty Family Foundation has awarded grants in Minnesota.

How much is Doughty Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doughty Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Doughty Family Foundation's EIN?

Doughty Family Foundation's EIN (Employer Identification Number) is 41-1864240. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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