Federated Insurance Foundation Inc

Public charity · Grantmaker Owatonna, MN EIN: 23-7173646

Support big brothers big sisters (BBBS) organizations exempt under code section 501(c)3

Federated Insurance Foundation Inc at a glance

In short: Federated Insurance Foundation Inc gave $4.9M across 4 grants in 2025 (avg $1.2M), mostly in Minnesota. Source: 2025 IRS Form 990.

Annual giving (2025)
$4,945,000
+8.9% vs 2024
Grants made (2025)
4
+0.0% vs 2024
Average grant
$1,236,250
+8.9% vs 2024
Median grant
$952,500
Total assets
$136,676
-34.4% vs 2024
Primary geography
Minnesota (78% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Federated Insurance Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Big Brothers Big Sisters of the Greater Twin Cities: $2.3MBig Brothers Big Sisters ofthe Greater Twin Cities$2.3MBig Brothers Big Sisters of America: $1.1MBig Brothers Big Sisters ofAmerica$1.1MBig Brothers Big Sisters of Southern Minnesota: $805KBig Brothers Big Sisters ofSouthern Minnesota$805KBig Brothers-Big Sisters of Central Minnesota Inc: $740KBig Brothers-Big Sisters ofCentral Minnesota Inc$740K

The largest 2025 recipient was Big Brothers Big Sisters of the Greater Twin Cities ($2.3M). Together the top 4 received $4.9M.

Grant Size Distribution

20 grants across all recorded years

<$50K$50–100K$100–250K3$250–500K11$500K–1M6$1–5M$5M+

The most common grant size was in the $500K–1M range: 11 grants of 20 (55%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

OwatonnaSt CloudSt. PaulTampa

How Federated Insurance Foundation Inc gives

  • Giving grew 28% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M4 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $3.1M (2020) to $4.9M (2025). In 2025 it made 4 grants totaling $4.9M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Big Brothers Big Sisters of the Greater Twin Cities St. Paul, MNGeneral operating support for youth mentoring and development programs.$2,300,000
Big Brothers Big Sisters of America Tampa, FLGeneral operating support for youth mentoring and development programs.$1,100,000
Big Brothers Big Sisters of Southern Minnesota Owatonna, MNGeneral operating support for youth mentoring and development programs.$805,000
Big Brothers-Big Sisters of Central Minnesota Inc St Cloud, MNGeneral operating support for youth mentoring and development programs.$740,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$136,676$5,021,892$5,093,572$4,945,0004$684
2024$208,356$4,844,090$4,699,056$4,539,5004$-3,389
2023$63,322$4,217,508$4,168,022$4,012,0004$1,302
2022$13,836$4,041,848$4,054,719$3,876,0004$4,828
2021$26,707$3,514,133$3,510,609$3,290,5004$944
2020$23,184$3,205,139$3,206,058$3,058,6004$1,400

About Federated Insurance Foundation Inc

Based on IRS filings

Federated Insurance Foundation Inc is a public charity, based in Owatonna, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $137K in total assets. In 2025, it awarded 4 grants totaling $4.9M. Net investment income was $684.

Leadership & Key People

Officers and directors from IRS filings

Federated Insurance Foundation Inc is led by Roger M. Bailey, President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Roger M. Bailey

    President

    On filings since 2024

    5 hrs/week

    No compensation reported

  • John H. Thompson

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jonathan R. Hanson

    Vice President & Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Michael N. Keller

    Vice President, Treasurer & Assistant Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Julie Rethemeier (2020–2023) — President
  • Former: Michael G Kerr (2020–2023) — Vice President

Data from IRS Form 990 filings, 2020–2025. "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 Federated Insurance Foundation Inc

How much does Federated Insurance Foundation Inc give each year?

Federated Insurance Foundation Inc gave $4.9M across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.5M across 4 grants.

What is Federated Insurance Foundation Inc's typical grant size?

Federated Insurance Foundation Inc's median grant in 2025 was $952,500, and its average grant was $1,236,250, across 4 grants on its 2025 IRS Form 990.

Where does Federated Insurance Foundation Inc give grants?

Federated Insurance Foundation Inc gives mostly in Minnesota: 78% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Florida (22%).

Does Federated Insurance Foundation Inc give general operating support?

Yes: 100% of Federated Insurance Foundation Inc's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990.

How large is Federated Insurance Foundation Inc?

Federated Insurance Foundation Inc reported $137K in total assets on its 2025 IRS Form 990. Its revenue that year was $5.0M.

What is Federated Insurance Foundation Inc's EIN?

Federated Insurance Foundation Inc's EIN (Employer Identification Number) is 23-7173646. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS August 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Federated Insurance Foundation Inc'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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