Fastbreak Foundation

MINNEAPOLIS, MN EIN: 41-1644554

Fastbreak Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2019 through 2024. In 2024, it awarded 7 grants totaling $225K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$225K

+27.8% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$32K

+9.6% YoY

About Fastbreak Foundation

Based on IRS filings

Fastbreak Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2019 through 2024. In 2024, it awarded 7 grants totaling $225K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ATLANTABERKELEYBLOOMINGTONBROOKLYN PARKEAGANEDEN PRARIEEDINAEden PrarieFRIDLEYGOLDEN VALLEYGRAND PRAIRIEHASTINGSMENDOTA HEIGHTSMINNEAPOLISMinnEAPOLISMinneapolisNEW HOPEOAKDALEOAKLANDORONO

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120192021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$138K$206K$275K58 grants20195 grants20216 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

The Minneapolis Foundation$50KThe Minnesota Fastbreak …$50KA Mother's Love Initiati…$25KYouthlink MN$25KTwin Cities Pride$25KSpecial Olympics Minneso…$25KPlayworks Minnesota$25K

Grant Size Distribution

74 grants across all recorded years

70<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ethan CassonChief Executive Officer0.25
Jennifer RidgewayExecutive Director2.5
Suzanne M SpellacySecretary0.5
Pete SteneTreasurer0.5
Glen A TaylorDirector0.25
Brett CarterDirector0.25
Kate QuinnDirector0.25
Chanda Smith BakerDirector0.25
Gavin KaysenDirector0.25
Rebekkah BrunsonDirector0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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