Edina Realty Foundation logo

Edina Realty Foundation

Private foundation · Grantmaker Edina, MN EIN: 41-1826980 Website

The Edina Realty Foundation is a private foundation based in Edina, Minnesota. It provides financial support to nonprofit organizations serving people experiencing homelessness and working to prevent homelessness in Minnesota and western Wisconsin.

Edina Realty Foundation at a glance

In short: Edina Realty Foundation gave $293K across 140 grants in 2025 (avg $2K), mostly in Minnesota. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$293,205
+3.2% vs 2024
Grants made (2025)
140
+18.6% vs 2024
Average grant
$2,094
-13.0% vs 2024
Median grant
$1,500
Total assets
$351,206
+3.0% vs 2024
New grantees (estimate)
35% first-time grantees (39 of 110, 2025)
Primary geography
Minnesota (85% 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 Edina Realty Foundation

How to Apply

The Foundation’s website says applicants can complete a grant application and send it to their local Edina Realty office’s Foundation representative. Its 2023 filing lists a completed grant application and tax determination letter as required materials, names a contact for the application, and refers to Statement 4 for award restrictions. The filing lists no deadline.

Contact

Application contact: Susan Cowsert
Mailing address: 6800 France Ave S Ste 625, Edina, MN 55435
Phone: (952) 928-5356
Website: https://edinarealty.com

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

Who Edina Realty Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Spare Key: $27K across 2 grantsSpare Key$27K · 2 grantsAvivo: $23KAvivo$23KThe Realtors Relief Foundation Co National Assoc of Realtors: $21KThe Realtors Relief FoundationCo National Assoc of Realtors$21KSouthern Valley Alliance for: $16K across 2 grantsSouthern Valley Alliance for$16K · 2 grantsThe Dwelling Place: $11K across 6 grantsThe Dwelling Place$11K · 6 grantsYouth Link: $8K across 3 grantsYouth Link$8K · 3 grantsThe Realtors Relief Foundatio: $6KThe Realtors Relief Foundatio$6KThe Link: $6K across 2 grantsThe Link$6K · 2 grantsOpen Doors for Youth: $5KOpen Doors for Youth$5KSimpson Housing Services Inc: $5K across 4 grantsSimpson Housing Services Inc$5K · 4 grants

The largest 2025 recipient was Spare Key ($27K across 2 grants). Together the top 10 received $127K.

Grant Size Distribution

643 grants across all recorded years

641<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 641 grants of 643 (100%).

Geographic Focus

Where this funder awards grants

The Foundation describes its service area as Minnesota and western Wisconsin. In 2025, 85% of grant dollars went to recipients in Minnesota, 9% to Illinois, and 6% to Wisconsin.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 140 itemized grants.

Cities

MinneapolisSt. PaulRochesterDuluthWinonaEden PrairieEaganEau ClaireHudsonStillwaterColumbia HeightsHastingsLittle FallsOakdalePlymouthBloomingtonElk RiverFaribaultHutchinsonNew Brighton

Is Edina Realty Foundation open to new grantees?

35%

first-time grantees, 2025

In 2025, 39 of 110 grantees (35%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $1K first-time, $2K repeat.

  • 41% of 2025 grantees were also funded in 2024. Method
  • Giving fell 32% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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$200K$400K$600K127 grants2019 122 grants2020 112 grants2021 128 grants2022 145 grants2023 118 grants2024 140 grants2025

From 2019 to 2025, annual grant giving ranged from $242K (2021) to $433K (2022). In 2025 it made 140 grants totaling $293K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Spare Key Minneapolis, MNAssistance to the Disadvantaged$23,750
Avivo Minneapolis, MNAssistance to the Disadvantaged$23,000
The Realtors Relief Foundation Co National Assoc of Realtors Chicago, ILAssistance to the Disadvantaged$21,000
Southern Valley Alliance for Shakopee, MNAssistance to the Disadvantaged$12,000
The Realtors Relief Foundatio Chicago, ILAssistance to the Disadvantaged$6,000
The Link Minneapolis, MNAssistance to the Disadvantaged$5,000
Open Doors for Youth Elk River, MNAssistance to the Disadvantaged$5,000
Youth Link Minneapolis, MNAssistance to the Disadvantaged$5,000
Second Harvest Heartland Brooklyn Park, MNAssistance to the Disadvantaged$4,000
Centennial United Methodist Roseville, MNAssistance to the Disadvantaged$4,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2025$351,206$367,261$357,373$293,205140$357,373
2024$340,871$394,046$388,788$284,020118$388,788
2023$338,591$404,133$498,232$378,702145$498,232
2022$430,256$439,622$542,758$432,670128$534,904
2021$532,930$504,096$355,687$242,000112—
2020$384,131$348,541$371,213$364,367122—
2019$485,484$462,298$498,427$390,492127—

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

Mission & Focus Areas

The Foundation’s mission is to support and improve the lives of people experiencing homelessness and assist in preventing homelessness in the communities it serves. It offers financial support to nonprofits providing services to individuals, children, and families.

The grantees’ stated missions illustrate the range of organizations receiving support. For example, Avivo says it works to end homelessness while increasing well-being through recovery and career advancement. Open Doors for Youth says it helps young people move toward housing stability and supportive networks. Second Harvest Heartland says its mission is to end hunger, and Spare Key says it assists families with a critically ill or seriously injured family member.

Grantmaking

In 2025, the Foundation reported 140 grants totaling $293,205. Grant amounts ranged from $150 to $23,750, with a median of $1,500. Its largest reported grants included $23,750 to Spare Key, $23,000 to Avivo, and $21,000 to the Realtors Relief Foundation. Other notable grants included $12,000 to Southern Valley Alliance for; $6,000 to the Realtors Relief Foundation; and $5,000 each to The Link, Open Doors for Youth, and Youth Link.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Kevin Sperle as chair person; Alex Westman as executive director; and Scott Teece, Keenan Olson, Brette Hermann, Rick Peck, Jenny Hanna, and Meg Chiodo as officers.

Edina Realty Foundation is led by Alex Westman, Executive Director on every filing since 2022; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Alex Westman

    Executive Director

    On filings since 2022

    16 hrs/week

    No compensation reported

  • Kevin Sperle

    Chair Person

    Officer → Chair Person, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Brette Hermann

    Officer

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Keenan Olson

    Officer

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Scott Teece

    Officer

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jenny Hanna

    Officer

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Meg Chiodo

    Officer

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Rick Peck

    Officer

    On filings since 2023

    3 hrs/week

    No compensation reported

Former officers (7)
  • Former: Kara Egan (2019–2022) — Officer
  • Former: Michele Cici (2019–2022) — Director & Treasurer
  • Former: John Smaby (2022) — Officer
  • Former: Susan Cowsert (2020–2021) — Executive Director
  • Former: Ed Kaiser (2019–2020) — Director
  • Former: Joey Oslund (2019–2020) — Officer
  • Former: John Shaw (2019–2020) — Officer

Data from IRS Form 990 filings, 2019–2025. "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 Edina Realty Foundation

How much does Edina Realty Foundation give each year?

Edina Realty Foundation gave $293K across 140 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $284K across 118 grants.

What is Edina Realty Foundation's typical grant size?

Edina Realty Foundation's median grant in 2025 was $1,500, and its average grant was $2,094, across 140 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Edina Realty Foundation that year got $2K on average.

Where does Edina Realty Foundation give grants?

Edina Realty Foundation gives mostly in Minnesota: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (9%) and Wisconsin (6%). The most frequent recipient cities were Minneapolis, MN (32 grants), St. Paul, MN (12 grants), Rochester, MN (7 grants) and Columbia Heights, MN (6 grants).

Does Edina Realty Foundation give general operating support?

Not in 2025: none of the 140 grants with a stated purpose on Edina Realty Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Assistance to the Disadvantaged" (140 grants).

Who are Edina Realty Foundation's largest grantees?

Edina Realty Foundation's largest 2025 grantees include Spare Key ($26,750 across 2 grants), Avivo ($23,000) and The Realtors Relief Foundation Co National Assoc of Realtors ($21,000), according to its 2025 IRS Form 990-PF. Together they received 24% of its itemized 2025 grant dollars.

How large is Edina Realty Foundation?

Edina Realty Foundation reported $351K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $367K.

What does Edina Realty Foundation fund?

The Foundation’s mission is to support and improve the lives of people experiencing homelessness and assist in preventing homelessness in the communities it serves. It offers financial support to nonprofits providing services to individuals, children, and families. See mission & focus areas ↑

How do I apply for a grant from Edina Realty Foundation?

The Foundation’s website says applicants can complete a grant application and send it to their local Edina Realty office’s Foundation representative. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Edina Realty Foundation's EIN?

Edina Realty Foundation's EIN (Employer Identification Number) is 41-1826980. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS December 27, 2019)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 4, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 23, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 25, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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Cite this profile

Grantable. (2026). Edina Realty Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/edina-realty-foundation-morg_e9930567eb464fe8b253b5c3830da9d5

BibTeX
@misc{grantable_411826980_2026,
  author       = {{Grantable}},
  title        = {{Edina Realty Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/edina-realty-foundation-morg_e9930567eb464fe8b253b5c3830da9d5},
  note         = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Edina Realty 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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