Fiat Foundation
Fiat Foundation is a private foundation focused on Human Services, based in Wayzata, MN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 9 grants totaling $24K.
Fiat Foundation at a glance
In short: Fiat Foundation gave $24K across 9 grants in 2024 (avg $3K), top state Oregon. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $23,810
- +43.0% vs 2023
- Grants made (2024)
- 9
- +350.0% vs 2023
- Average grant
- $2,646
- -68.2% vs 2023
- Median grant
- $1,000
- Total assets
- $7,141
- +14777.1% vs 2023
- Primary geography
- Oregon (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Fiat Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Ywam Salem ($10K). Together the top 9 received $24K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How Fiat Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $17K (2023) to $24K (2024). In 2024 it made 9 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ywam Salem Salem, OR | General Purpose | $10,440 |
| Pulse Ministries Minneapolis, MN | General Purpose | $5,000 |
| Forest Springs Westboro, WI | General Purpose | $5,000 |
| Edina Firefighters Edina, MN | General Purpose | $1,000 |
| Bethel University St. Paul, MN | General Purpose | $1,000 |
| Matter St Louis Park, MN | General Purpose | $550 |
| Food for Soul San Francisco, CA | General Purpose | $500 |
| Rotary Club of Maple Grove Maple Grove, MN | Generaql Purpose | $200 |
| Girl Scouts St. Paul, MN | General Purpose | $120 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $7,141 | $31,000 | $23,907 | $23,810 | 9 | $23,907 | $204 |
| 2023 | $48 | $16,700 | $16,652 | $16,652 | 2 | $16,652 | $2 |
Under IRS private-foundation payout rules, Fiat Foundation reported a distributable amount of $204 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fiat Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ashley Milot
Director
On filings since 2023
1 hr/week
No compensation reported
Bradly Gotto
Director
On filings since 2023
1 hr/week
No compensation reported
Christy Gotto
Director
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Fiat Foundation
How much does Fiat Foundation give each year?
Fiat Foundation gave $24K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17K across 2 grants.
What is Fiat Foundation's typical grant size?
Fiat Foundation's median grant in 2024 was $1,000, and its average grant was $2,646, across 9 grants on its 2024 IRS Form 990-PF.
Where does Fiat Foundation give grants?
Fiat Foundation's top state is Oregon, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Minnesota (33%) and Wisconsin (21%). The most frequent recipient cities were St. Paul, MN (2 grants).
Does Fiat Foundation give general operating support?
Yes: 89% of Fiat Foundation's 2024 grants with a stated purpose (8 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Fiat Foundation's largest grantees?
Fiat Foundation's largest 2024 grantees include Ywam Salem ($10,440), Pulse Ministries ($5,000) and Forest Springs ($5,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.
How large is Fiat Foundation?
Fiat Foundation reported $7K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $204 (roughly 5% of its investment assets).
What is Fiat Foundation?
Fiat Foundation is a private foundation focused on Human Services, based in Wayzata, MN. It holds $7K in total assets as of 2024.
What is Fiat Foundation's EIN?
Fiat Foundation's EIN (Employer Identification Number) is 93-3743316. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Fiat Foundation funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Fiat Foundation's focus areas in our free grants database
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