The Edina Realty Foundation is a 501(c)(3) corporate foundation based in Edina, Minnesota, established in 1996. The foundation is dedicated to supporting economically disadvantaged and homeless individuals through various aid programs and services. It operates as the philanthropic arm of Edina Realty Inc. and has raised more than $12 million since its inception.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$284K
-25.0% YoY
Grant Count
118
-18.6% YoY
Avg Grant Size
$2K
-7.8% YoY
Mission & Focus Areas
Mission: To support and improve the lives of those experiencing homelessness and assist in preventing homelessness in the communities we serve.
Primary Focus Areas:
- Homelessness and homelessness prevention
- Housing and shelter services
- Emergency services and assistance
- Food aid and food banks
- Health and human services
- Basic and emergency aid
- Supportive housing
- Programs and education related to homelessness
Grantmaking
The foundation distributes grants to non-profit organizations serving individuals, children, and families experiencing homelessness and homelessness prevention.
Review Cycle
. Applications should be submitted to the local Edina Realty office's Foundation representative or sent to the foundation's main address.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily serves Minnesota and western Wisconsin. According to recent data, 71% of grants stay in Minnesota, with additional grants distributed to Vermont, Wisconsin, New Mexico, and Colorado. The foundation also provides funding across multiple cities in states including Illinois, South Dakota, and Hawaii.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $340,871–$351,206
- Total Revenue: $394,046–$404,133
- Total Expenses: $388,788–$498,232
- Total Giving: $284,020–$291,704
Funding Sources:
- Agent and employee contributions
- Year-round fundraising events
- Contributions from Edina Realty Home Services
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Edina Realty Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Kevin Sperle – Chair Person
- Alex Westman – Executive Director
- Brette Hermann – Officer
- Jenny Hannah – Officer
- Keenan Olson – Officer
- Meg Chiodo – Officer
- Rick Peck – Officer
- Scott Teece – Officer
All officers work on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN SPERLE | CHAIR PERSON | 2 | — |
| ALEX WESTMAN | EXECUTIVE DIRECTOR | 16 | — |
| SCOTT TEECE | OFFICER | 2 | — |
| KEENAN OLSON | OFFICER | 2 | — |
| BRETTE HERMANN | OFFICER | 2 | — |
| RICK PECK | OFFICER | 4 | — |
| JENNY HANNAH | OFFICER | 2 | — |
| MEG CHIODO | OFFICER | 2 | — |
Recent News & Activity
Recent developments and announcements
The Edina Realty Foundation marked its 25-year anniversary, celebrating a quarter-century of supporting organizations serving homeless individuals and families. The foundation continues to distribute grants to organizations addressing homelessness across its service region, with recent recipients including Avivo, Open Hands Foundation, and Spare Key.
Edina Realty Fact SheetSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Edina Realty Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities