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

Among its reported 2024 grants, the largest include The Minneapolis Foundation ($50,000), The Minnesota Fastbreak Foundation ($50,000), A Mother's Love Initiatives ($25,000).

RecipientPurposeAmount
The Minneapolis Foundation Minneapolis, MNAABCA Breast Health Awareness & Education$50,000
The Minnesota Fastbreak Foundation Minneapolis, MNGeneral Donation$50,000
A Mother's Love Initiatives Minneapolis, MNStarting Five Grants$25,000
Youthlink MN Minneapolis, MNStarting Five Grants$25,000
Twin Cities Pride Minneapolis, MNStarting Five Grants$25,000
Special Olympics Minnesota Inc Minneapolis, MNStarting Five Grants$25,000
Playworks Minnesota St Paul, MNStarting Five Grants$25,000

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

Frequently Asked Questions

What is Fastbreak Foundation?

Fastbreak Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds — in total assets as of 2024.

Where does Fastbreak Foundation operate?

Fastbreak Foundation has awarded grants in California, Georgia, Minnesota, Texas.

What size grants does Fastbreak Foundation award?

In 2024, Fastbreak Foundation awarded 7 grants totaling $225K — an average of about $32K per grant, based on its IRS Form 990 filings.

What is Fastbreak Foundation's EIN?

Fastbreak Foundation's EIN (Employer Identification Number) is 41-1644554. IRS Form 990 filing data is available on this page for 2019–2024.

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Related Funders

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

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