Geoffrey Carlson Gage Foundation

Private foundation · Grantmaker Minnetonka, MN EIN: 20-5290423

Geoffrey Carlson Gage Foundation is a private foundation, based in Minnetonka, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $194K in total assets. In 2025, it made $25 in qualifying distributions. Net investment income was $36K.

Key facts about Geoffrey Carlson Gage Foundation

EIN
20-5290423
Latest 990 filing
Form 990-PF, 2025
Total assets
$193,831

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$194K

+15.3% YoY

Revenue

$36K

+618.9% YoY

Qualifying Distributions

$25

-100.0% YoY

Expenses

$173

-99.9% YoY

Under IRS private-foundation payout rules, Geoffrey Carlson Gage Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.

How Geoffrey Carlson Gage Foundation gives

  • Giving grew 1900% from 2021 to 2024. Method
  • In 2025 it paid out 0% 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.

Your AI grants department

Ready to take the next step with Geoffrey Carlson Gage Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

New YorkMinneapolisWashingtonWayzataChicagoPoughkeepsieSt Louis ParkSt. PaulEvanston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K15 grants20192 grants20204 grants20212 grants20220 grants20232 grants20240 grants2025

From 2019 to 2024, annual grant giving ranged from $5K (2020) to $160K (2024). In 2024 it made 2 grants totaling $160K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

7<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019202020212022202320242025
Metric202520242023
Total Assets$193,831$168,163$288,500
Revenue$36,047$5,014$5,259
Expenses$173$160,491$3,539
Qualifying Distributions$25$160,048$3,163
Net Investment Income$35,957$4,175$5,002
Distributable Amount$8,337$12,943$13,091

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Geoffrey Carlson Gage Foundation is led by Geoffrey C. Gage, Trustee & President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Geoffrey C. Gage

    Trustee & President

    On filings since 2019

    1 hr/week

    No compensation reported

  • C. David Nelson

    Trustee & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Kelly K. Gage (2019–2024) — Trustee & Treasurer

Data from IRS Form 990 filings, 2019–2025. "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 Geoffrey Carlson Gage Foundation

How large is Geoffrey Carlson Gage Foundation?

Geoffrey Carlson Gage Foundation reported $194K in total assets on its 2025 IRS Form 990-PF. It paid out $25 in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

Where does Geoffrey Carlson Gage Foundation operate?

Geoffrey Carlson Gage Foundation has awarded grants in District of Columbia, Illinois, Minnesota, New York.

What is Geoffrey Carlson Gage Foundation's EIN?

Geoffrey Carlson Gage Foundation's EIN (Employer Identification Number) is 20-5290423. IRS Form 990 filing data is available on this page for 2019–2025.

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

Your AI grants department

Here's the math on researching Geoffrey Carlson Gage Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Geoffrey Carlson Gage Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

IBM International Foundation

Armonk, NY

The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$357.7M

Grants

16

Total Given

$11.7M

Saint Paul & Minnesota Foundation

St. Paul, MN

The Saint Paul & Minnesota Foundation funds community-led work in areas including economic development, health and human services, youth and education, arts and culture, democracy, and nonprofit capacity, serving the East Metro and communities statewide. Its 2025 grants had a median of $26,000, while the Management Improvement Fund offers up to $15,000. It accepts unsolicited requests through open application programs, though some opportunities are invite-only.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.7B

Grants

1,473

Total Given

$107.2M

The Minneapolis Foundation

Minneapolis, MN

The Minneapolis Foundation supports civic, social, and economic needs, including economic mobility, education equity, community safety, health, and the environment. In 2025, its grants had a median of $25,000, though awards varied widely; 77% of grant dollars went to Minnesota recipients. It does not state a general policy on unsolicited requests; current opportunities are closed, and some programs are invitation-based.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

1,565

Total Given

$121.7M

The Richard M Schulze Family Foundation

Minneapolis, MN

The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.

Assets

—

Grants

1,431

Total Given

$47.9M

Wells Fargo Foundation

Minneapolis, MN

The Wells Fargo Foundation funds nonprofits working on financial opportunity, affordable housing, and small-business growth, with giving at national and local levels. Its 2025 grants ranged from $3,000 to $8 million, with a median of $35,000. It does not accept unsolicited requests; eligible organizations are invited to apply.

Philanthropy, Voluntarism & Grantmaking

Assets

$8.6M

Grants

1,376

Total Given

$157.4M

C K Blandin Foundation

Grand Rapids, MN

The C K Blandin Foundation funds community wealth-building, rural placemaking and small-community efforts, including work on housing, civic engagement, community spaces and food systems. It primarily supports rural Minnesota, especially Itasca County and nearby communities, and its 2024 median grant was $2,900, though awards ranged from $50 to $335,000.

Assets

—

Grants

931

Total Given

$15.8M

The McKnight Foundation

Minneapolis, MN

The McKnight Foundation funds nonprofit organizations, research, and community initiatives in arts and culture, food systems, climate and energy, neuroscience, and equitable communities, primarily in Minnesota and the Midwest, with some work in Africa and South America and beyond. Its 2024 grants ranged from $1,150 to $10 million, with a median of $100,000; prospective applicants are asked to contact program staff first, who provide proposal instructions if they determine funding may be considered.

Assets

—

Grants

790

Total Given

$145.9M

Neighborhood Development Center Inc

Saint Paul, MN

Neighborhood Development Center supports entrepreneurs and neighborhood revitalization through business financing, training, services, and affordable commercial space, primarily in Saint Paul and Minneapolis, with grants going to Minnesota recipients. Its 2025 grants ranged from $5,100 to $207,211, with a median of $13,500. It does not state a general policy on unsolicited requests; a specific small-business grant RFP described was a past cycle.

Human Services

Assets

$55.3M

Grants

571

Total Given

$10.2M

Marshall H and Nellie Alworth

Duluth, MN

The Marshall H and Nellie Alworth Memorial Fund awards scholarships to eligible students pursuing mathematics, science, engineering, or medical fields, primarily serving students from northern Minnesota. Recent awards were typically $2,500, with grants ranging from $2,500 to $3,000. It accepts applications through its scholarship programs; high-school applications are due January 15, and the college-transfer pathway also has an application process.

Assets

—

Grants

566

Total Given

$1.5M

Catholic Community Foundation

St. Paul, MN

The Catholic Community Foundation of Minnesota funds spiritual, educational, and social needs through grants for education, capital improvements, assistance programs, and other charitable purposes. Its 2025 grants had a median of $16,124, and at least half of grants over any three-year period are intended for Minnesota organizations; 86% of 2025 grant dollars went to Minnesota. Its Social Impact and Educational Impact programs are invitation-only, while other CCF-directed programs may offer open, competitive applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$751.7M

Grants

504

Total Given

$43.9M

Communitygiving

St Cloud, MN

CommunityGiving supports nonprofits, schools, government entities, students, and community initiatives through partner foundations, donor-directed funds, competitive grants, and scholarships. Its 2025 grants ranged from $5,100 to $680,477, with a median of $15,528; most funding went to Minnesota, though its network also includes Derby, Kansas. Competitive grant applications are accepted through online systems for specific opportunities; the profile does not state whether it accepts unsolicited requests generally.

Philanthropy, Voluntarism & Grantmaking

Assets

$282.6M

Grants

426

Total Given

$16.7M

Pohlad Family Foundation

Minneapolis, MN

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

372

Total Given

$14.1M

More Funders in Minnesota

Geoffrey Carlson Gage Foundation down — hundreds of funders to go?

Want AI to do this for you?