Heartfirst Charitable Foundation
TO ADVANCE, SUPPORT, PROMOTE AND ADMINISTER CHARITABLE ACTIVITIES, CAUSES AND PROJECTS OF EVERY KIND AND NATURE WHATSOEVER ON THE FOUNDATION'S OWN BEHALF OR IN PARTNERSHIP WITH OTHER 501(C)(3) ORGANIZATIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$747K
+13.3% YoY
Annual Giving
$50K
-50.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
-50.0% YoY
About Heartfirst Charitable Foundation
Based on IRS filings
Heartfirst Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WOODBURY, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $747K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $746,503 | $658,885 | $690,193 |
| Revenue | $143,259 | $72,355 | $1,100 |
| Expenses | $52,891 | $106,413 | $25 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,509 | $13,355 | — |
| 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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ifa Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IFA FOUNDATION WASHINGTON, DC | HEARTFIRST CHARITABLE FOUNDATION PARTNERED WITH THE IFA FOUNDATION TO PROVIDE FUNDING FOR THE FRANCHISE ASCENSION INITIATIVE PROGRAM WHICH HELPS PREPARE QUALIFIED INDIVIDUALS FROM UNDERREPRESENTED GROUPS AND ECONOMICALLY DISADVANTAGED COMMUNITIES WITH THE EDUCATION, MENTORSHIP, RESOURCES, AND SUPPORT TO SUCCESSFULLY LAUNCH A CAREER IN FRANCHISE OWNERSHIP. | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SYDNEY MORTENSEN | PRESIDENT & SECRETARY | 1 | — |
| CONIK RUNYON | CHIEF EXECUTIVE OFFICER | 1 | — |
| DELANEY RUNYON | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Heartfirst Charitable Foundation?
Heartfirst Charitable Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WOODBURY, MN. It holds $747K in total assets as of 2024.
How large is Heartfirst Charitable Foundation?
As of 2024, Heartfirst Charitable Foundation holds $747K in total assets with $143K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Heartfirst Charitable Foundation operate?
Heartfirst Charitable Foundation has awarded grants in District of Columbia, Iowa, Idaho, Minnesota.
What size grants does Heartfirst Charitable Foundation award?
In 2024, Heartfirst Charitable Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
What is Heartfirst Charitable Foundation's EIN?
Heartfirst Charitable Foundation's EIN (Employer Identification Number) is 20-8720916. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Heartfirst Charitable Foundation'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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