Federated Insurance Foundation Inc

OWATONNA, MN EIN: 23-7173646

SUPPORT BIG BROTHERS BIG SISTERS (BBBS) ORGANIZATIONS EXEMPT UNDER CODE SECTION 501(C)3

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$208K

+229.0% YoY

Annual Giving

$4.5M

+13.1% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$1.1M

+13.1% YoY

About Federated Insurance Foundation Inc

Based on IRS filings

Federated Insurance Foundation Inc is a nonprofit organization, based in OWATONNA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $208K in total assets. In 2024, it awarded 4 grants totaling $4.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

OwatonnaSt CloudSt PaulTampa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$208,356$63,322$13,836
Revenue$4,844,090$4,217,508$4,041,848
Expenses$4,699,056$4,168,022$4,054,719
Qualifying Distributions
Net Investment Income$-3,389$1,302$4,828
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$5M4 grants20204 grants20214 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

BBBS OF GREATER TWIN CIT…$2.2MBIG BROTHERS BIG SISTERS…$900KBBBS OF SOUTHERN MINNESOTA$753KBBBS OF CENTRAL MINNESOTA$687K

Grant Size Distribution

20 grants across all recorded years

<$50K$50–100K$100–250K6$250–500K9$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bbbs of Greater Twin Cities ($2,200,000), Big Brothers Big Sisters of America ($900,000), Bbbs of Southern Minnesota ($752,500).

RecipientPurposeAmount
BBBS OF SOUTHERN MINNESOTA OWATONNA, MN$752,500
BBBS OF CENTRAL MINNESOTA ST CLOUD, MN$687,000
BBBS OF GREATER TWIN CITIES ST PAUL, MN$2,200,000
BIG BROTHERS BIG SISTERS OF AMERICA TAMPA, FL$900,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John H ThompsonVice President2
Jonathan R HansonVice President & Secretary2
Michael N KellerVP, Treasurer & Assistant Secretary5
Roger BaileyPresident5

Frequently Asked Questions

How large is Federated Insurance Foundation Inc?

As of 2024, Federated Insurance Foundation Inc holds $208K in total assets with $4.8M in annual revenue. It awarded 4 grants totaling $4.5M in 2024.

Where does Federated Insurance Foundation Inc operate?

Federated Insurance Foundation Inc has awarded grants in Florida, Minnesota.

What size grants does Federated Insurance Foundation Inc award?

In 2024, Federated Insurance Foundation Inc awarded 4 grants totaling $4.5M — an average of about $1.1M per grant, based on its IRS Form 990 filings.

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 2020–2024.

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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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