Gold Bay Foundation

MINNEAPOLIS, MN EIN: 47-4002921

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.

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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.

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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

11states
+3 more states

Cities

AtlantaChicagoMinneapolisNew OrleansNew YorkNewtonOrlandoPhiladelphiaPhoenixSaint PaulSan FranciscoScandiaSt Croix FallsSt Paul

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$632K$1M$2M$3M8 grants202016 grants202125 grants202213 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Schwab Charitable$2.4MMinnesota Orchestral Ass…$100KMinnesota Orchestral Ass…$25KMinnesota Orchestral Ass…$10KTemple of Israel$10KScandia Heritage Alliance$10KWild Rivers Conservancy …$10KFriends of Hennepin Coun…$5KUniversity of Minnesota …$3KFriends of St Paul Publi…$3K

Grant Size Distribution

73 grants across all recorded years

52<$50K5$50–100K11$100–250K$250–500K1$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
Barbara Gold LuriePres/Dir1
Keith LurieTreas/Sec/Dir1

Contact Information

Address: 729 N Washington Ave, Minneapolis, MN 55401-2942

Phone: 612-328-9924

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. Research dossier generated April 2026.

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