Edina Realty Foundation
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.
Open Grants
1 open opportunity from Edina Realty Foundation
Who Edina Realty Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
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
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
Share of 2025 grant dollars across all 140 itemized grants.
Cities
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.
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Spare Key Minneapolis, MN | Assistance to the Disadvantaged | $23,750 |
| Avivo Minneapolis, MN | Assistance to the Disadvantaged | $23,000 |
| The Realtors Relief Foundation Co National Assoc of Realtors Chicago, IL | Assistance to the Disadvantaged | $21,000 |
| Southern Valley Alliance for Shakopee, MN | Assistance to the Disadvantaged | $12,000 |
| The Realtors Relief Foundatio Chicago, IL | Assistance to the Disadvantaged | $6,000 |
| The Link Minneapolis, MN | Assistance to the Disadvantaged | $5,000 |
| Open Doors for Youth Elk River, MN | Assistance to the Disadvantaged | $5,000 |
| Youth Link Minneapolis, MN | Assistance to the Disadvantaged | $5,000 |
| Second Harvest Heartland Brooklyn Park, MN | Assistance to the Disadvantaged | $4,000 |
| Centennial United Methodist Roseville, MN | Assistance to the Disadvantaged | $4,000 |
Ready to take the next step with Edina Realty Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2025 | $351,206 | $367,261 | $357,373 | $293,205 | 140 | $357,373 |
| 2024 | $340,871 | $394,046 | $388,788 | $284,020 | 118 | $388,788 |
| 2023 | $338,591 | $404,133 | $498,232 | $378,702 | 145 | $498,232 |
| 2022 | $430,256 | $439,622 | $542,758 | $432,670 | 128 | $534,904 |
| 2021 | $532,930 | $504,096 | $355,687 | $242,000 | 112 | — |
| 2020 | $384,131 | $348,541 | $371,213 | $364,367 | 122 | — |
| 2019 | $485,484 | $462,298 | $498,427 | $390,492 | 127 | — |
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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS December 27, 2019)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 25, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 16, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Edina Realty Foundation's focus areas in our free grants database
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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.
Edina Realty Foundation down — hundreds of funders to go?