Growing Hope Foundation

OWATONNA, MN EIN: 27-0523799

Growing Hope Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in OWATONNA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $879K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$879K

+0.1% YoY

Annual Giving

$7K

-45.4% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$3K

+9.2% YoY

Under IRS private-foundation payout rules, Growing Hope Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.

About Growing Hope Foundation

Based on IRS filings

Growing Hope Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in OWATONNA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $879K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $15K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

Albert LeaAmesAustinBrooklynCambridgeColorado SpringsDenverFlintHazel CrestMemphisMinneapolisMontgomeryNew YorkOwatonnaSan FranciscoTacomaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$99K$132K20202021202220232024
Metric202420232022
Total Assets$878,731$877,771$692,078
Revenue$88,977$83,752$119,656
Expenses$87,318$94,309$99,293
Qualifying Distributions$94,248$83,700$85,117
Net Investment Income$14,949$16,043$9,480
Distributable Amount$43,142$43,797$33,536

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$35K$47K11 grants202019 grants202110 grants20224 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Empower Tanzania$5KSylvester Broome Empower…$2K

Grant Size Distribution

46 grants across all recorded years

46<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Empower Tanzania ($5,000), Sylvester Broome Empowerment Village ($1,500).

RecipientPurposeAmount
Empower Tanzania Ames, IAFocus on areas of education, economic development, health, and nutrition$5,000
Sylvester Broome Empowerment Village Flint, MIProvide mentoring programs to the youth of Flint, MI$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Julie FiskePresident/Executive Director$43KTom ThompsonDirector$800Joe HeinrichsDirector$800Evin LantzDirector (as of Sep 24)$400

From 2024 filing

NameTitleHoursCompensation
Julie FiskePresident/Executive Director30$43,004
Jerry N EplandVice President4
Lois EplandSecretary4
Tom ThompsonDirector2$800
Joe HeinrichsDirector1$800
Evin LantzDirector (as of Sep 24)1$400

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Growing Hope Foundation?

Growing Hope Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in OWATONNA, MN. It holds $879K in total assets as of 2024.

How large is Growing Hope Foundation?

As of 2024, Growing Hope Foundation holds $879K in total assets with $89K in annual revenue. It awarded 2 grants totaling $7K in 2024.

Where does Growing Hope Foundation operate?

Growing Hope Foundation has awarded grants in Alabama, California, Colorado, District of Columbia, Iowa, Illinois, Massachusetts, Michigan, Minnesota, New York, Tennessee, Washington.

What size grants does Growing Hope Foundation award?

In 2024, Growing Hope Foundation awarded 2 grants totaling $7K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Growing Hope Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Growing Hope Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Growing Hope Foundation's EIN?

Growing Hope Foundation's EIN (Employer Identification Number) is 27-0523799. IRS Form 990 filing data is available on this page for 2020–2024.

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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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