Friends of Global Market Inc

MINNEAPOLIS, MN EIN: 83-2642593

TO SUPPORT THE MIDTOWN GLOBAL MARKET AS A VITAL COMMUNITY RESOURCE THAT SUPPORTS SMALL BUSINESS, CULTURAL DIVERSITY, AND FREE/LOW-COST PROGRAMMING.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

-48.8% YoY

Annual Giving

$116K

-65.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$116K

-65.9% YoY

About Friends of Global Market Inc

Based on IRS filings

Friends of Global Market Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $116K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Minneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$265K$529K$794K$1M20202021202220232024
Metric202420232022
Total Assets$68,311$133,405$348,098
Revenue$223,712$269,674$649,074
Expenses$382,676$592,377$644,396
Qualifying Distributions
Net Investment Income$26
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$185K$370K$555K$741K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MIDTOWN GLOBAL MARKET LLC$116K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K2$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANIEL FEHRENKAMPCHAIR1
ANTHONY TAYLORBOARD MEMBER1
ALEXIS MCKINNISTREASURER1
JOHNNY BALMERBOARD MEMBER1
YUSRA MOHAMUDBOARD MEMBER1
DESTINEE SHELBYBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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