Foundation 94
Foundation 94 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about Foundation 94
- EIN
- 87-2796402
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $920,000
- Grants made (2024)
- 6
- Average grant
- $153,333
- Median grant
- $150,000
- Total assets
- $16,581,290
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Foundation 94 funds
By grant dollars, the top recipient states for Foundation 94's 6 itemized 2024 grants were Minnesota (100%). The most frequent recipient cities were St Paul, MN (2 grants). 33% of grants with a stated purpose were for general or operating support.
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.
Next steps with Foundation 94
- How to evaluate Foundation 94 as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.6M
-7.7% YoY
Annual Giving
$920K
+38.4% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$153K
+38.4% YoY
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.
About Foundation 94
Based on IRS filings
Foundation 94 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,581,290 | $17,964,793 | $18,583,307 |
| Revenue | $966,077 | $109,079 | $-502,083 |
| Expenses | $951,299 | $735,891 | $802,252 |
| Qualifying Distributions | $920,025 | $683,589 | $703,692 |
| Net Investment Income | $935,804 | $419,648 | $347,433 |
| Distributable Amount | $843,843 | $836,003 | $862,775 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of St Thomas ($400,000 across 2 grants), MN Elks Youth Camp ($350,000), Scsu Herb Brooks Fund ($100,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Angelena J Blattner | Director | 10 | — |
| Henry J Blattner | Director | 10 | — |
| Trust Point Inc End 0824 | Agent | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation 94?
Foundation 94 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Avon, MN. It holds $16.6M in total assets as of 2024.
How large is Foundation 94?
As of 2024, Foundation 94 holds $16.6M in total assets with $966K in annual revenue. It awarded 6 grants totaling $920K in 2024.
Where does Foundation 94 operate?
Foundation 94 has awarded grants in Minnesota.
What size grants does Foundation 94 award?
In 2024, Foundation 94 awarded 6 grants totaling $920K — an average of about $153K per grant, based on its IRS Form 990 filings.
How much is Foundation 94 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation 94 reported a distributable amount of $844K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.