Homestead Road Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $12K. Net investment income was $2K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$12K
+155.6% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$3K
+91.7% YoY
Under IRS private-foundation payout rules, Homestead Road Foundation reported a distributable amount of $24K for 2021 — the minimum it must pay out in qualifying distributions.
About Homestead Road Foundation
Based on IRS filings
Homestead Road Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $12K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $502,095 |
| Revenue | $16,153 | $16,134 |
| Expenses | $14,011 | $32,468 |
| Qualifying Distributions | $13,491 | — |
| Net Investment Income | $2,343 | $13,392 |
| Distributable Amount | $23,617 | $3,777 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include The Sanneh Foundation ($5,000), The Salvation Army ($3,000), Russian-American Business & Culture Council (RABCC) ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Russian-American Business & Culture Council (RABCC) Elk River, MN | General Operations | $2,500 |
| The Salvation Army Roseville, MN | Provide healthy food to people in need | $3,000 |
| The Sanneh Foundation St Paul, MN | General Operations | $5,000 |
| The Cat House on the Kings Parlier, CA | General Operations | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alexander Delendik | Chair | 1 | — |
| Andrey Sokurec | President | 1 | — |
| Roberto Rodriguez | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Homestead Road Foundation?
Homestead Road Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. It holds — in total assets as of 2021.
Where does Homestead Road Foundation operate?
Homestead Road Foundation has awarded grants in California, Minnesota, Texas.
What size grants does Homestead Road Foundation award?
In 2021, Homestead Road Foundation awarded 4 grants totaling $12K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Homestead Road Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Homestead Road Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homestead Road Foundation's EIN?
Homestead Road Foundation's EIN (Employer Identification Number) is 82-4422992. IRS Form 990 filing data is available on this page for 2020–2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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