Homestead Road Housing Foundation

Private foundation · Grantmaker Minneapolis, MN EIN: 86-1192355

Homestead Road Housing Foundation is a private foundation focused on Housing & Shelter, based in Minneapolis, MN. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grant totaling $900K. Net investment income was $7K.

Key facts about Homestead Road Housing Foundation

In short: Homestead Road Housing Foundation gave $900K across 1 grant in 2024 (avg $900K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
86-1192355
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$899,821
Grants made (2024)
1
Average grant
$899,821
Median grant
$899,821
Primary geography
Minnesota (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$900K

+4899.0% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$900K

+19896.0% YoY

Under IRS private-foundation payout rules, Homestead Road Housing Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

How Homestead Road Housing Foundation gives

  • Giving grew 14297% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

MinneapolisBrainerdFridleyNashvilleOakdaleSt Louis ParkSt PeterStreamwood

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2021 4 grants2022 4 grants2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $6K (2021) to $900K (2024). In 2024 it made 1 grant totaling $900K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Fidelity Charitable - Homestead Road Housing Foundation: $900KFidelity Charitable -Homestead Road Housing…$900K

The largest 2024 recipient was Fidelity Charitable - Homestead Road Housing Foundation ($900K).

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable - Homestead Road Housing Foundation Minneapolis, MNGeneral Support$899,821

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2021 2022 2023 2024
Metric202420232022
Total Assets—$893,918$904,790
Revenue$8,335$9,500$19,437
Expenses$902,253$20,622$20,224
Qualifying Distributions$902,190$20,560$17,470
Net Investment Income$6,835$4,500$4,437
Distributable Amount$10,094$44,685$44,463

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Homestead Road Housing Foundation is led by Andrey Sokurec, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Andrey Sokurec

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Alexander Delendik

    Chair

    On filings since 2021

    1 hr/week

    No compensation reported

  • Roberto Rodriguez

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Housing Foundation

How much does Homestead Road Housing Foundation give each year?

Homestead Road Housing Foundation gave $900K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 4 grants.

What is Homestead Road Housing Foundation?

Homestead Road Housing Foundation is a private foundation focused on Housing & Shelter, based in Minneapolis, MN.

Where does Homestead Road Housing Foundation operate?

Homestead Road Housing Foundation has awarded grants in Illinois, Minnesota, Tennessee.

How much is Homestead Road Housing Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Homestead Road Housing Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Homestead Road Housing Foundation's EIN?

Homestead Road Housing Foundation's EIN (Employer Identification Number) is 86-1192355. IRS Form 990 filing data is available on this page for 2021–2024.

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

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