Friends of Fridley Educations Found
Friends of Fridley Educations Found is a private foundation focused on Education, based in Fridley, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $627K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $26K.
Friends of Fridley Educations Found at a glance
In short: Friends of Fridley Educations Found gave $61K across 3 grants in 2024 (avg $20K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $61,155
- +22.3% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $20,385
- +22.3% vs 2023
- Median grant
- $15,000
- Total assets
- $626,879
- +2.3% 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 Friends of Fridley Educations Found funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Fridley Schools Foundation ($44K). Together the top 3 received $61K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Friends of Fridley Educations Found gives
- Giving grew 24% from 2021 to 2024. Method
- In 2024 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2024, annual grant giving ranged from $42K (2020) to $61K (2024). In 2024 it made 3 grants totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fridley Schools Foundation Fridley, MN | Scholarships - Education | $44,155 |
| Fridley Historical Society Fridley, MN | Education | $15,000 |
| Spring Brook Nature Center Fridley, MN | Educational | $2,000 |
Ready to take the next step with Friends of Fridley Educations Found?
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 | $626,879 | $91,022 | $77,012 | $61,155 | 3 | $61,155 | $26,421 | $83,358 |
| 2023 | $612,869 | $13,040 | $62,677 | $50,000 | 3 | $50,000 | $22,355 | $35,149 |
| 2022 | $662,506 | $78,871 | $60,741 | $49,200 | 4 | $49,200 | $19,368 | $34,993 |
| 2021 | $644,376 | $100,375 | $58,197 | $49,240 | 4 | $49,240 | $10,531 | $33,027 |
| 2020 | $602,198 | $135,011 | $51,187 | $42,000 | 2 | — | $19,136 | $33,002 |
Under IRS private-foundation payout rules, Friends of Fridley Educations Found reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Friends of Fridley Educations Found is led by Ron Ackerman, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ron Ackerman
President
On filings since 2020
No compensation reported
Gregory Gardner
Treasurer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Friends of Fridley Educations Found
How much does Friends of Fridley Educations Found give each year?
Friends of Fridley Educations Found gave $61K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 3 grants.
What is Friends of Fridley Educations Found's typical grant size?
Friends of Fridley Educations Found's median grant in 2024 was $15,000, and its average grant was $20,385, across 3 grants on its 2024 IRS Form 990-PF.
Where does Friends of Fridley Educations Found give grants?
Friends of Fridley Educations Found 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 Fridley, MN (3 grants).
Does Friends of Fridley Educations Found give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Friends of Fridley Educations Found's 2024 IRS Form 990-PF were described as general or operating support.
How large is Friends of Fridley Educations Found?
Friends of Fridley Educations Found reported $627K in total assets on its 2024 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $83K (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 is Friends of Fridley Educations Found?
Friends of Fridley Educations Found is a private foundation focused on Education, based in Fridley, MN. It holds $627K in total assets as of 2024.
What is Friends of Fridley Educations Found's EIN?
Friends of Fridley Educations Found's EIN (Employer Identification Number) is 46-4924323. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
Explore Open Grants
Browse active grant opportunities in Friends of Fridley Educations Found's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Minnesota
Apex Foundation
Crystal, MN
Assets
$421K
Grants
8
Total Given
$72K
Walter and Leona Schmitt Family
White Bear Lake, MN
The foundation supports a varied range of charitable work, including education, services for displaced people, humanitarian response, domestic violence prevention, and wilderness protection, primarily in Minnesota. Its 2025 grants ranged from $1,000 to $10,000, with a median of $3,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.4M
Grants
18
Total Given
$60K
Goodin Company Foundation
Minneapolis, MN
Assets
$350K
Grants
28
Total Given
$45K
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Minnesota Historical Society
Saint Paul, MN
The Minnesota Historical Society funds projects that preserve and improve access to Minnesota’s history and cultural heritage, including historic buildings, collections, exhibits, digitization, and history-based partnerships. Recent grants ranged from $5,196 to $272,500, with a median of $21,728, and went to Minnesota recipients. Its grant programs are competitive, but the profile does not state whether unsolicited requests are accepted.
Assets
$349.3M
Grants
180
Total Given
$7.6M
Kopp Family Foundation
Minnetonka, MN
The Kopp Family Foundation supports Minnesota nonprofits working in education, health and human services, affordable housing, emergency assistance, youth development, women’s issues, and services for older adults. Its 2025 grants ranged from $260 to $250,000, with a median of $2,500; it states that it funds only preselected organizations and does not accept unsolicited requests.
Assets
$57.9M
Grants
263
Total Given
$3.1M
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Friends of Fridley Educations Found'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.
Friends of Fridley Educations Found down — hundreds of funders to go?