Foundation 94
Foundation 94 is a private foundation, based in Avon, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16.6M in total assets. In 2024, it awarded 6 grants totaling $920K. Net investment income was $936K.
Foundation 94 at a glance
In short: Foundation 94 gave $920K across 6 grants in 2024 (avg $153K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $920,000
- +38.4% vs 2023
- Grants made (2024)
- 6
- +0.0% vs 2023
- Average grant
- $153,333
- +38.4% vs 2023
- Median grant
- $150,000
- Total assets
- $16,581,290
- -7.7% vs 2023
- Primary geography
- Minnesota (100% 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 Foundation 94 funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was University of St Thomas ($400K across 2 grants). Together the top 5 received $920K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was in the $100–250K range: 8 grants of 18 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Foundation 94 gives
- Giving grew 820% from 2021 to 2024. Method
- In 2024 it paid out 109% of 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 2021 to 2024, annual grant giving ranged from $100K (2021) to $920K (2024). In 2024 it made 6 grants totaling $920K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MN Elks Youth Camp Nisswa, MN | General Fund | $350,000 |
| University of St Thomas St. Paul, MN | Education | $200,000 |
| University of St Thomas St. Paul, MN | General Fund | $200,000 |
| SCSU Herb Brooks Fund St Cloud, MN | Herb Brooks Fund | $100,000 |
| River of Life Assembly of God Church Cold Spring, MN | Ministry | $50,000 |
| Phases Family Support Avon, MN | Humanitarian | $20,000 |
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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 | $16,581,290 | $966,077 | $951,299 | $920,000 | 6 | $920,025 | $935,804 | $843,843 |
| 2023 | $17,964,793 | $109,079 | $735,891 | $664,500 | 6 | $683,589 | $419,648 | $836,003 |
| 2022 | $18,583,307 | $-502,083 | $802,252 | $678,000 | 5 | $703,692 | $347,433 | $862,775 |
| 2021 | $19,904,804 | $23,915,519 | $109,029 | $100,000 | 1 | $100,203 | $3,647,304 | $91,291 |
Under IRS private-foundation payout rules, Foundation 94 reported a distributable amount of $844K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Foundation 94's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Angelena J. Blattner
Director
On filings since 2021
10 hrs/week
No compensation reported
Henry J. Blattner
Director
On filings since 2021
10 hrs/week
No compensation reported
Former officers (1)
- Former: Trust Point INC (2021–2024) — Agent · Filing note: Ended 8/2024
Data from IRS Form 990 filings, 2021–2024. "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 Foundation 94
How much does Foundation 94 give each year?
Foundation 94 gave $920K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $665K across 6 grants.
What is Foundation 94's typical grant size?
Foundation 94's median grant in 2024 was $150,000, and its average grant was $153,333, across 6 grants on its 2024 IRS Form 990-PF.
Where does Foundation 94 give grants?
Foundation 94 gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were St. Paul, MN (2 grants).
Does Foundation 94 give general operating support?
Yes: 33% of Foundation 94's 2024 grants with a stated purpose (2 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Foundation 94's largest grantees?
Foundation 94's largest 2024 grantees include University of St Thomas ($400,000 across 2 grants), MN Elks Youth Camp ($350,000) and SCSU Herb Brooks Fund ($100,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.
How large is Foundation 94?
Foundation 94 reported $16.6M in total assets on its 2024 IRS Form 990-PF. It paid out $920K in qualifying distributions that year, against a required minimum of $844K (roughly 5% of its investment assets).
What is Foundation 94's EIN?
Foundation 94's EIN (Employer Identification Number) is 87-2796402. IRS Form 990 filing data is available on this page for 2021–2024.
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 2021–2024
Live grants for the work Foundation 94 funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Foundation 94's focus areas in our free grants database
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