Gold Bay Foundation
Gold Bay Foundation is a private foundation based in Minneapolis, Minnesota, established in 2015. The organization operates as a 501(c)(3) grantmaking foundation with significant assets and a focus on supporting various philanthropic initiatives across the United States.
Key facts about Gold Bay Foundation
- EIN
- 47-4002921
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,526,000
- Grants made (2024)
- 11
- Average grant
- $229,636
- Median grant
- $10,000
- Primary geography
- Florida (93% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Gold Bay Foundation funds
By grant dollars, the top recipient states for Gold Bay Foundation's 11 itemized 2024 grants were Florida (93%) and Minnesota (7%). The most frequent recipient cities were Minneapolis, MN (7 grants). 45% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.5M
+167.3% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$230K
+215.9% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- General support
- SVP fund
- Voices Benefit
- Transparency Project
- Minnesota Census Mobilization
- 2020 Census Project
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Environmental Education
- Science Education
- Community and School Gardens
- Renewable Energy
Grantmaking
The foundation is open to new applicants.
Ready to take the next step with Gold Bay Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple regions, including:
- Major Cities: Atlanta, Chicago, Minneapolis, New Orleans, New York
- States: Arizona, California, Florida, Georgia, Illinois, Louisiana, Massachusetts, Minnesota, New York, Pennsylvania, Wisconsin
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $32,297,789
- Total revenues: $2,486,468
- Total expenses: $2,903,540
- Number of employees: 0
Historical (2015):
- Assets: $9,019
- Revenue: $20,000
- Expenses: $10,981
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 9 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Schwab Charitable ($2,350,000), Minnesota Orchestral Association ($135,000 across 3 grants), Temple of Israel ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable Orlando, FL | General Operating Support | $2,350,000 |
| Minnesota Orchestral Association Minneapolis, MN | Partner with A Section | $100,000 |
| Minnesota Orchestral Association Minneapolis, MN | Fund the Music | $25,000 |
| Minnesota Orchestral Association Minneapolis, MN | 2024 Symphony Ball | $10,000 |
| Temple of Israel Minneapolis, MN | Voices 2024 | $10,000 |
| Scandia Heritage Alliance Scandia, MN | Support for the Water Tower Barn | $10,000 |
| Wild Rivers Conservancy of the St Croix St Croix Falls, WI | General Operating Support | $10,000 |
| Friends of Hennepin County Library Minneapolis, MN | General Operating Support | $5,000 |
| University of Minnesota Foundation Minneapolis, MN | Solar Vehicle Project | $2,500 |
| Friends of St Paul Public Library Saint Paul, MN | General Operating Support | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Barbara Gold Lurie — President and Director (serves without compensation)
- Keith Lurie — Treasurer, Secretary, and Director (serves without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barbara Gold Lurie | Pres/Dir | 1 | — |
| Keith Lurie | Treas/Sec/Dir | 1 | — |
Contact Information
Address: 729 N Washington Ave, Minneapolis, MN 55401-2942
Phone: 612-328-9924
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Gold Bay Foundation fund?
The foundation's primary funding areas include: • General support • SVP fund • Voices Benefit • Transparency Project • Minnesota Census Mobilization • 2020 Census Project • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Environmental Education • Science Education • Community and School Gardens • Renewable Energy
How do I apply for a grant from Gold Bay Foundation?
**Grant Activity:** • Made 19 grants in the most recent year • Total giving: $2,526,000 • Typical award range: $1,000–$2,350,000 • Recent notable grants include: • Minnesota Orchestral Association: $100,000 (Partner With A Section) • Minnesota Orchestral Association: $25,000 (Fund the Music) • Scandia Heritage Alliance: $10,000 (Support for the Water Tower Barn) **Application Status:** The foundation is open to new applicants.
Where does Gold Bay Foundation make grants?
The foundation supports initiatives across multiple regions, including: • **Major Cities:** Atlanta, Chicago, Minneapolis, New Orleans, New York • **States:** Arizona, California, Florida, Georgia, Illinois, Louisiana, Massachusetts, Minnesota, New York, Pennsylvania, Wisconsin
What size grants does Gold Bay Foundation award?
In 2024, Gold Bay Foundation awarded 11 grants totaling $2.5M — an average of about $230K per grant, based on its IRS Form 990 filings.
What is Gold Bay Foundation's EIN?
Gold Bay Foundation's EIN (Employer Identification Number) is 47-4002921. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gold Bay Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.