Homestead Road Foundation
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.
Homestead Road Foundation at a glance
In short: Homestead Road Foundation gave $12K across 4 grants in 2021 (avg $3K), mostly in Minnesota. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $11,500
- +155.6% vs 2020
- Grants made (2021)
- 4
- +33.3% vs 2020
- Average grant
- $2,875
- +91.7% vs 2020
- Median grant
- $2,750
- Primary geography
- Minnesota (91% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Homestead Road Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
The largest 2021 recipient was The Sanneh Foundation ($5K). Together the top 4 received $12K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 4 itemized grants.
States
Cities
How Homestead Road Foundation gives
- In 2021 it paid out 57% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $5K (2020) to $12K (2021). In 2021 it made 4 grants totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Sanneh Foundation St. Paul, MN | General Operations | $5,000 |
| The Salvation Army Roseville, MN | Provide healthy food to people in need | $3,000 |
| Russian-American Business & Culture Council (RABCC) Elk River, MN | General Operations | $2,500 |
| The Cat House on the Kings Parlier, CA | General Operations | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | — | $16,153 | $14,011 | $11,500 | 4 | $13,491 | $2,343 | $23,617 |
| 2020 | $502,095 | $16,134 | $32,468 | $4,500 | 3 | — | $13,392 | $3,777 |
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.
Leadership & Key People
Officers and directors from IRS filings
Homestead Road Foundation is led by Andrey Sokurec, President on every filing since 2020; none of the 3 officers listed in 2021 report compensation.
Officers on the 2021 filing
Andrey Sokurec
President
On filings since 2020
1 hr/week
No compensation reported
Alexander Delendik
Chair
On filings since 2020
1 hr/week
No compensation reported
Roberto Rodriguez
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Homestead Road Foundation
How much does Homestead Road Foundation give each year?
Homestead Road Foundation gave $12K across 4 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $5K across 3 grants.
What is Homestead Road Foundation's typical grant size?
Homestead Road Foundation's median grant in 2021 was $2,750, and its average grant was $2,875, across 4 grants on its 2021 IRS Form 990-PF.
Where does Homestead Road Foundation give grants?
Homestead Road Foundation gives mostly in Minnesota: 91% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was California (9%).
Does Homestead Road Foundation give general operating support?
Yes: 75% of Homestead Road Foundation's 2021 grants with a stated purpose (3 of 4) were for general or operating support, per its 2021 IRS Form 990-PF.
What is Homestead Road Foundation?
Homestead Road Foundation is a private foundation focused on Education, based in Minneapolis, MN.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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