Flagship Foundation

Foundation · Grantmaker Chanhassen, MN EIN: 41-1923922

Flagship Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chanhassen, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $15K.

Key facts about Flagship Foundation

EIN
41-1923922
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$15,000
Grants made (2024)
7
Average grant
$2,143
Median grant
$1,500
Primary geography
Minnesota (53% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Flagship Foundation funds

By grant dollars, the top recipient states for Flagship Foundation's 7 itemized 2024 grants were Minnesota (53%), New York (33%) and Michigan (10%). The most frequent recipient cities were Minneapolis, MN (2 grants). 86% of grants with a stated purpose were for general or operating support.

How Flagship Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method

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

Next steps with Flagship Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$15K

+0.0% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$2K

+14.3% YoY

About Flagship Foundation

Based on IRS filings

Flagship Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chanhassen, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $15K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 7 itemized 2024 grant dollars.

Cities

MinneapolisExcelsiorJenisonPalm DesertJacksonvileCookSan FranciscoChaskaEdinaMinnetonkaNew YorkVictoria

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$11K$15K12 grants202011 grants202111 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Pathways to Children: $5KPathways to Children$5KBreakthrough T1D: $5KBreakthrough T1D$5KAmerican Experiment: $2KAmerican Experiment$2KLove Inc National: $2KLove Inc National$2KSpecial Olympics MN: $500Special Olympics MN$500Quiet Time Ministries: $500Quiet Time Ministries$500Open Hands Foundation: $500Open Hands Foundation$500

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pathways to Children ($5,000), Breakthrough T1D ($5,000), American Experiment ($2,000).

RecipientPurposeAmount
PATHWAYS TO CHILDREN Minneapolis, MNGENERAL SUPPORT$5,000
BREAKTHROUGH T1D New York, NYGENERAL SUPPORT$5,000
AMERICAN EXPERIMENT Minnetonka, MNGENERAL SUPPORT$2,000
LOVE INC NATIONAL Jenison, MIRELIGIOUS PURPOSES$1,500
SPECIAL OLYMPICS MN Minneapolis, MNGENERAL SUPPORT$500
QUIET TIME MINISTRIES Palm Desert, CAGENERAL SUPPORT$500
OPEN HANDS FOUNDATION Excelsior, MNGENERAL SUPPORT$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
William O Naegele SrPresident——
Stephanie NaegeleDirector——
William O Naegele JrDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Flagship Foundation?

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

Where does Flagship Foundation operate?

Flagship Foundation has awarded grants in California, Florida, Michigan, Minnesota, New York.

What size grants does Flagship Foundation award?

In 2024, Flagship Foundation awarded 7 grants totaling $15K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Flagship Foundation's EIN?

Flagship Foundation's EIN (Employer Identification Number) is 41-1923922. IRS Form 990 filing data is available on this page for 2020–2024.

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

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