Federated Insurance Foundation Inc
Support big brothers big sisters (BBBS) organizations exempt under code section 501(c)3
Key facts about Federated Insurance Foundation Inc
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.
- EIN
- 23-7173646
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $4,945,000
- Grants made (2025)
- 4
- Average grant
- $1,236,250
- Median grant
- $952,500
- Total assets
- $136,676
- Primary geography
- Minnesota (78% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$137K
-34.4% YoY
Annual Giving
$4.9M
+8.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1.2M
+8.9% YoY
How Federated Insurance Foundation Inc gives
- Giving grew 28% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
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
The most common grant size was in the $500K–1M range: 11 grants of 20 (55%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Big Brothers Big Sisters of the Greater Twin Cities St. Paul, MN | General operating support for youth mentoring and development programs. | $2,300,000 |
| Big Brothers Big Sisters of America Tampa, FL | General operating support for youth mentoring and development programs. | $1,100,000 |
| Big Brothers Big Sisters of Southern Minnesota Owatonna, MN | General operating support for youth mentoring and development programs. | $805,000 |
| Big Brothers-Big Sisters of Central Minnesota Inc St Cloud, MN | General operating support for youth mentoring and development programs. | $740,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $136,676 | $208,356 | $63,322 |
| Revenue | $5,021,892 | $4,844,090 | $4,217,508 |
| Expenses | $5,093,572 | $4,699,056 | $4,168,022 |
| Net Investment Income | $684 | $-3,389 | $1,302 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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.
Here's the math on researching Federated Insurance Foundation Inc by hand.
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