Hegardt Foundation

MINNEAPOLIS, MN EIN: 20-5814715

Hegardt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $22K. Net investment income was $2.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$22K

-99.5% YoY

Grant Count

4

-60.0% YoY

Avg Grant Size

$6K

-98.9% YoY

Under IRS private-foundation payout rules, Hegardt Foundation reported a distributable amount of $625 for 2024 — the minimum it must pay out in qualifying distributions.

About Hegardt Foundation

Based on IRS filings

Hegardt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 4 grants totaling $22K. Net investment income was $2.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AustinBostonCambridgeDuluthHartsdaleLos AngelesMinneapolisNew YorkPasadenaSan FranciscoSanta FeSante FeSt PaulVadnais Heights

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$23,936$3,748,778
Revenue$2$1,159,082$152,100
Expenses$24,014$4,933,924$470,149
Qualifying Distributions$24,014$4,922,909$445,876
Net Investment Income$2$1,148,067$127,827
Distributable Amount$625$162,084$237,127

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M15 grants20208 grants202113 grants202210 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Schwab Charitable$6KDuluth Superior Area Com…$6KLiberty Hill Foundation$6KSt Paul & Minnesota Foun…$6K

Grant Size Distribution

50 grants across all recorded years

38<$50K3$50–100K5$100–250K$250–500K$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Schwab Charitable ($5,624), Duluth Superior Area Community Foundation ($5,622), Liberty Hill Foundation ($5,622).

RecipientPurposeAmount
Duluth Superior Area Community Foundation Duluth, MNHegardt Fund (Donor Advised Fund)$5,622
Liberty Hill Foundation Los Angeles, CAFe Fi Fo Fund (Donor Advised Fund)$5,622
Schwab Charitable San Francisco, CAAurora Charitable Fund (Donor Advised Fund)$5,624
St Paul & Minnesota Foundation St Paul, MNGavia Fund (Donor Advised Fund)$5,622

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Katherine A HarrisPresident1
John Henry NeillSecretary1
W Gordon HarrisTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hegardt Foundation?

Hegardt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds — in total assets as of 2024.

Where does Hegardt Foundation operate?

Hegardt Foundation has awarded grants in California, Massachusetts, Minnesota, New Mexico, New York, Texas.

What size grants does Hegardt Foundation award?

In 2024, Hegardt Foundation awarded 4 grants totaling $22K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Hegardt Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hegardt Foundation reported a distributable amount of $625 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hegardt Foundation's EIN?

Hegardt Foundation's EIN (Employer Identification Number) is 20-5814715. IRS Form 990 filing data is available on this page for 2020–2024.

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

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