Fleetwood Foundation
Fleetwood Foundation is a private foundation based in St. Paul, Minnesota. Its 2024 filing reports 126 grants totaling $1,374,700 to organizations in Minnesota and other states.
Fleetwood Foundation at a glance
In short: Fleetwood Foundation gave $1.4M across 126 grants in 2024 (avg $11K), top state Minnesota. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,374,700
- +5.4% vs 2023
- Grants made (2024)
- 126
- +12.5% vs 2023
- Average grant
- $10,910
- -6.3% vs 2023
- Median grant
- $5,250
- Total assets
- $16,373,368
- +3.5% vs 2023
- New grantees (estimate)
- 11% first-time grantees (11 of 102, 2024)
- Primary geography
- Minnesota (45% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fleetwood Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 345 St Peter Street Suite 2020, St Paul, MN 55102
Phone: (651) 291-7035
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fleetwood Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Arts Part ($200K across 3 grants). Together the top 10 received $681K.
Grant Size Distribution
563 grants across all recorded years
The most common grant size was under $50K: 527 grants of 563 (94%).
Geographic Focus
Where this funder awards grants
In 2024, recipients in Minnesota received 45% of grant dollars. Florida received 22%, Connecticut 9%, New York 7%, and Virginia 7%. The largest listed grant went to an organization in Virginia; other large grants went to recipients in Minnesota, Florida, and Connecticut.
Grant Distribution by State
Share of 2024 grant dollars across all 126 itemized grants.
States
Cities
Is Fleetwood Foundation open to new grantees?
11%
first-time grantees, 2024
In 2024, 11 of 102 grantees (11%) were first-time recipients. First grants averaged $32K; repeat grants $11K. How we count
Medians: $6K first-time, $7K repeat.
- 86% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+12%). Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $1.2M (2021) to $1.8M (2022). In 2024 it made 126 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| George Washington's Mount Vernon Mount Vernon, VA | Mansion Reutilization | $100,000 |
| The Arts Part St. Paul, MN | All in One Campagn | $100,000 |
| American Red Cross Minneapolis, MN | Operating | $50,000 |
| Boys & Girls Club of Martin County Hobe Sound, FL | Spec/250K Commit | $50,000 |
| Ethel Walker School Simsbury, CT | Operating | $50,000 |
| Mayo Foundation (Family) Rochester, MN | Operating | $50,000 |
| The Arts Part St. Paul, MN | All in One Campagn | $50,000 |
| The Arts Part St. Paul, MN | All in One Campagn | $50,000 |
| Lawrence Memorial Hospital New London, CT | Capital CMPG. 100K Comm | $30,000 |
| Boys & Girls Club of Martin County Hobe Sound, FL | Event Fund | $25,000 |
Ready to take the next step with Fleetwood Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $16,373,368 | $2,070,322 | $1,519,977 | $1,374,700 | 126 | $1,374,700 | $1,927,795 | $1,481,779 |
| 2023 | $15,823,023 | $3,624,998 | $1,546,994 | $1,304,200 | 112 | $1,304,200 | $3,489,479 | $1,320,358 |
| 2022 | $13,749,329 | $9,917,214 | $1,988,796 | $1,770,400 | 118 | $1,770,400 | $9,836,023 | $1,373,571 |
| 2021 | $5,858,318 | $1,449,133 | $1,401,368 | $1,232,650 | 109 | $1,232,650 | $1,380,000 | $1,794,936 |
| 2020 | $5,768,836 | $3,620,171 | $1,607,714 | $1,548,000 | 98 | — | $3,563,396 | $1,465,890 |
| 2019 | $3,771,192 | $913,983 | $1,596,236 | $1,545,500 | 89 | — | $866,427 | $1,519,168 |
Under IRS private-foundation payout rules, Fleetwood Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The filing’s stated purpose describes the Saint Paul & Minnesota Foundation as working to advance community visions and create an equitable, just, and vibrant state. It lists grant programs focused on arts and culture, health and human services, youth and education, housing, food access, and democracy.
Fleetwood Foundation’s 2024 grants included support for organizations with varied missions. For example, Boys & Girls Club of Martin County describes its work as helping young people reach their potential, while Ethel Walker School describes itself as a college-preparatory school for girls in grades six through twelve. Lawrence Memorial Hospital says its mission is to improve regional health and provide healthcare services. The Minnesota State Fair Foundation describes its work as preserving and improving the fairgrounds and supporting programs in agriculture, arts and culture, education, the environment, and history.
Grantmaking
In 2024, the foundation reported 126 grants totaling $1,374,700. Grants ranged from $1,000 to $100,000, with a median grant of $5,250.
Among the largest grants were $100,000 to George Washington’s Mount Vernon for mansion reutilization and $100,000 to The Arts Partnership for its “All in One Campaign.” Other listed grants included $50,000 to American Red Cross for operating support, $50,000 to Ethel Walker School for operating support, and $50,000 to Mayo Foundation (Family) for operating support. The filing also lists multiple grants to Boys & Girls Club of Martin County, including $50,000 and $25,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edwin J. McCarthy as president, Thomas O. McCarthy as treasurer, and Kathryn M. Parsons as secretary.
Fleetwood Foundation is led by Edwin J. McCarthy, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edwin J. McCarthy
President
On filings since 2019
0.3 hrs/week
No compensation reported
Kathryn M. Parsons
Secretary
On filings since 2019
0.3 hrs/week
No compensation reported
Thomas O. McCarthy
Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Alexandra O. Bjorklund (2019) — Past President
Data from IRS Form 990 filings, 2019–2024. "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 Fleetwood Foundation
How much does Fleetwood Foundation give each year?
Fleetwood Foundation gave $1.4M across 126 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 112 grants.
What is Fleetwood Foundation's typical grant size?
Fleetwood Foundation's median grant in 2024 was $5,250, and its average grant was $10,910, across 126 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Fleetwood Foundation that year got $32K on average.
Where does Fleetwood Foundation give grants?
Fleetwood Foundation's top state is Minnesota, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (22%) and Connecticut (9%). The most frequent recipient cities were St. Paul, MN (21 grants), Fishers Island, NY (16 grants), Minneapolis, MN (8 grants) and Hobe Sound, FL (8 grants).
Does Fleetwood Foundation give general operating support?
Yes: 48% of Fleetwood Foundation's 2024 grants with a stated purpose (61 of 126) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Annual" (33 grants), "Capital" (7 grants) and "All in One Campagn" (3 grants).
Who are Fleetwood Foundation's largest grantees?
Fleetwood Foundation's largest 2024 grantees include The Arts Part ($200,000 across 3 grants), Boys & Girls Club of Martin County ($100,000 across 4 grants) and George Washington's Mount Vernon ($100,000), according to its 2024 IRS Form 990-PF. Together they received 29% of its itemized 2024 grant dollars.
How large is Fleetwood Foundation?
Fleetwood Foundation reported $16.4M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Fleetwood Foundation fund?
The filing’s stated purpose describes the Saint Paul & Minnesota Foundation as working to advance community visions and create an equitable, just, and vibrant state. See mission & focus areas ↑
How do I apply for a grant from Fleetwood Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Fleetwood Foundation's EIN?
Fleetwood Foundation's EIN (Employer Identification Number) is 41-1794941. IRS Form 990 filing data is available on this page for 2019–2024.
Does Fleetwood Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Fleetwood Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Fleetwood Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/fleetwood-foundation-morg_e42b826c61524fb1abe8f9fae55b873f
BibTeX
@misc{grantable_411794941_2026,
author = {{Grantable}},
title = {{Fleetwood Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fleetwood-foundation-morg_e42b826c61524fb1abe8f9fae55b873f},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Fleetwood Foundation'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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