I a O'shaughnessy Foundation
The I.A. O'Shaughnessy Foundation is a private family foundation established in 1943 in honor of Ignatius Aloysius O'Shaughnessy. Based in Bloomington, Minnesota, the foundation operates as a 501(c)(3) organization with tax-exempt status since February 1943. The foundation is governed by the O'Shaughnessy family and distributes charitable grants to enrich communities and improve people's lives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$5.2M
+1.3% YoY
Grant Count
110
+29.4% YoY
Avg Grant Size
$48K
-21.7% YoY
Mission & Focus Areas
The foundation's stated mission is to "share the legacy of Ignatius Aloysius O'Shaughnessy for the common good, making grants that enrich communities and improve people's lives."
While specific funding priorities are not publicly disclosed, the foundation indicates its grants are designed to enrich communities and improve people's lives, though detailed focus areas remain undisclosed.
Grantmaking
The I.A. O'Shaughnessy Foundation operates as an invitation-only grantmaker and does not accept unsolicited applications. The foundation explicitly does not accept:
Grant Range
s and specific funding ranges are not publicly disclosed.
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Geographic Focus
Where this funder awards grants
The foundation's geographic focus is primarily Minnesota.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $79.7 million
- Annual Revenue: $7.66 million
- Annual Expenses: $6.33 million
- Net Income: $1.32 million
- Total Liabilities: $0
Annual Giving: Approximately $5.9 million (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston College - City Connects ($306,000), Big Shoulders Fund ($250,000), Communities in Schools - Chicago ($175,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 29 ACRES CROSS ROADS, TX | 1) EXPANDED PROGRAMMING AREA, OFFICE/WORKSTATION SPACE, AND SECURE RECORD STORAGE AREA AT DENTON COUNTY HUB; 2) HELP FUND GREATEST NEEDS OF OTHER PROJECTS. | $96,970 |
| AIM HIGHER FOUNDATION SAINT PAUL, MN | GROWTH OF ENDOWMENT FUND | $16,970 |
| ALLIANCE FOR CHOICE IN EDUCATION NORMAN, CO | THE PURPOSE OF THIS REQUEST IS TO SUPPORT OUR ONGOING INITIATIVE OF PROVIDING PARTIAL K-12 PRIVATE SCHOOL SCHOLARSHIPS TO LOWER-INCOME FAMILIES. | $25,000 |
| AMERICAN PRAIRIE FOUNDATION BOZEMAN, MT | GENERAL OPERATING FOR LAND PRESERVATION | $25,000 |
| ANDY ZANCA YOUTH EMPOWERMENT PROGRAM CARBONDALE, CO | EACH YEAR, AZYEP PARTNERS WITH OVER 30 TEACHERS IN 25 SCHOOLS AND 4 SCHOOL DISTRICTS TO CREATE RADIO PROJECTS WITH STUDENTS IN 2ND THROUGH 12TH GRADE. | $20,000 |
| ARRUPE JESUIT HIGH SCHOOL GREENWOOD VILLAGE, CO | COLLEGE COUNSELING: SERVING STUDENTS WHO BECOME 70% FIRST GENERATION HIGH SCHOOL GRADUATES AND 90% FIRST GENERATION COLLEGE BOUND. | $15,852 |
| ARTISTS SPACE INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $25,000 |
| ASCENSION SETON FOUNDATION AUSTIN, TX | FUNDS WILL HELP BUY CUTTING-EDGE NICU EQUIPMENT. | $75,000 |
| BABY'S SPACE MINNEAPOLIS, MN | SUCCESSFUL TRANSITION TO KINDERGARTEN | $92,000 |
| BFFOUNDATION BENTONVILLE, AR | FOR A PANEL AT THE FESTIVAL TO TEACH YOUNG PRODUCERS ON HOW THE MARKET IS LOOKING TODAY AND THE OPTIONS FOR THEM | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by the O'Shaughnessy family, with multiple family members serving as officers and directors, including Patrick W O'Shaughnessy in the role of Vice President & Director.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL J O'SHAUGHNESSY | PRESIDENT & DIRECTOR | 2 | — |
| ELIZABETH L WYSONG | VICE PRESIDENT & DIRECTOR | 2 | — |
| PATRICK W O'SHAUGHNESSY | VICE PRESIDENT & DIRECTOR | 2 | — |
| KAREN J O'SHAUGHNESSY | VICE PRESIDENT & DIRECTOR | 2 | — |
| BRENDAN P O'SHAUGHNESSY | VICE PRESIDENT & DIRECTOR | 2 | — |
| LUCILLE M O'SHAUGHNESSY | SECRETARY & DIRECTOR | 2 | — |
| MARY K O'SHAUGHNESSY | VICE PRESIDENT & DIRECTOR | 2 | — |
| MICHAEL J MONAHAN | TREASURER & DIRECTOR | 2 | — |
| ERIN O'S MARTIN | VICE PRESIDENT & DIRECTOR | 2 | — |
| CONNOR O'S MONAHAN | VICE PRESIDENT & DIRECTOR | 2 | — |
Frequently Asked Questions
What does I a O'shaughnessy Foundation fund?
The foundation's stated mission is to "share the legacy of Ignatius Aloysius O'Shaughnessy for the common good, making grants that enrich communities and improve people's lives." While specific funding priorities are not publicly disclosed, the foundation indicates its grants are designed to enrich communities and improve people's lives, though detailed focus areas remain undisclosed.
How do I apply for a grant from I a O'shaughnessy Foundation?
The I.A. O'Shaughnessy Foundation operates as an invitation-only grantmaker and does not accept unsolicited applications. The foundation explicitly does not accept: • Public applications • Letters of inquiry • Unsolicited grant requests Grant sizes and specific funding ranges are not publicly disclosed.
Where does I a O'shaughnessy Foundation make grants?
The foundation's geographic focus is primarily Minnesota.
What size grants does I a O'shaughnessy Foundation award?
In 2024, I a O'shaughnessy Foundation awarded 110 grants totaling $5.2M — an average of about $48K per grant, based on its IRS Form 990 filings.
What is I a O'shaughnessy Foundation's EIN?
I a O'shaughnessy Foundation's EIN (Employer Identification Number) is 41-6011524. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in I a O'shaughnessy Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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