Friends of Global Market Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Midtown Global Market Llc ($116,011).
| Recipient | Purpose | Amount |
|---|---|---|
| MIDTOWN GLOBAL MARKET LLC MINNEAPOLIS, MN | OPERATING SUBSIDY | $116,011 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL FEHRENKAMP | CHAIR | 1 | — |
| ANTHONY TAYLOR | BOARD MEMBER | 1 | — |
| ALEXIS MCKINNIS | TREASURER | 1 | — |
| JOHNNY BALMER | BOARD MEMBER | 1 | — |
| YUSRA MOHAMUD | BOARD MEMBER | 1 | — |
| DESTINEE SHELBY | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Global Market Inc?
Friends of Global Market Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MINNEAPOLIS, MN. It holds $68K in total assets as of 2024.
How large is Friends of Global Market Inc?
As of 2024, Friends of Global Market Inc holds $68K in total assets with $224K in annual revenue. It awarded 1 grants totaling $116K in 2024.
Where does Friends of Global Market Inc operate?
Friends of Global Market Inc has awarded grants in Minnesota.
What size grants does Friends of Global Market Inc award?
In 2024, Friends of Global Market Inc awarded 1 grants totaling $116K — an average of about $116K per grant, based on its IRS Form 990 filings.
What is Friends of Global Market Inc's EIN?
Friends of Global Market Inc's EIN (Employer Identification Number) is 83-2642593. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Friends of Global Market Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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