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
No grants recorded for .
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 | — |
Related Funders
Similar funders by location and focus area
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Grants
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Total Given
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Assets
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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