I a O'shaughnessy Foundation

BLOOMINGTON, MN EIN: 41-6011524

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

26states
+18 more states

Cities

ANTHONYAURORAAUSTINBALTIMOREBASALTBATESVILLEBENTONVILLEBEVERLY HILLSBOSTONBOZEMANBROOKLYNBROOKLYN PARKBURBANKCAMBRIDGECARBONDALECENTENNIALCHANHASSENCHESTNUT HILLCHICAGOCOLWICH

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)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M97 grants2020101 grants202181 grants202285 grants2023110 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOSTON COLLEGE - CITY CO…$306KBIG SHOULDERS FUND$250KCOMMUNITIES IN SCHOOLS -…$175KBOYS HOPE GIRLS HOPE OF …$140K29 ACRES$97KBABY'S SPACE$92KFLORENCE CRITTENTON$85KASCENSION SETON FOUNDATION$75KFAMILY ENGAGEMENT LAB$75KCHILDREN'S HOSPITAL COLO…$58K

Grant Size Distribution

250 grants across all recorded years

174<$50K38$50–100K28$100–250K8$250–500K2$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
29 ACRES CROSS ROADS, TX1) 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, MNGROWTH OF ENDOWMENT FUND$16,970
ALLIANCE FOR CHOICE IN EDUCATION NORMAN, COTHE 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, MTGENERAL OPERATING FOR LAND PRESERVATION$25,000
ANDY ZANCA YOUTH EMPOWERMENT PROGRAM CARBONDALE, COEACH 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, COCOLLEGE COUNSELING: SERVING STUDENTS WHO BECOME 70% FIRST GENERATION HIGH SCHOOL GRADUATES AND 90% FIRST GENERATION COLLEGE BOUND.$15,852
ARTISTS SPACE INC NEW YORK, NYGENERAL OPERATING SUPPORT$25,000
ASCENSION SETON FOUNDATION AUSTIN, TXFUNDS WILL HELP BUY CUTTING-EDGE NICU EQUIPMENT.$75,000
BABY'S SPACE MINNEAPOLIS, MNSUCCESSFUL TRANSITION TO KINDERGARTEN$92,000
BFFOUNDATION BENTONVILLE, ARFOR 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

NameTitleHoursCompensation
DANIEL J O'SHAUGHNESSYPRESIDENT & DIRECTOR2
ELIZABETH L WYSONGVICE PRESIDENT & DIRECTOR2
PATRICK W O'SHAUGHNESSYVICE PRESIDENT & DIRECTOR2
KAREN J O'SHAUGHNESSYVICE PRESIDENT & DIRECTOR2
BRENDAN P O'SHAUGHNESSYVICE PRESIDENT & DIRECTOR2
LUCILLE M O'SHAUGHNESSYSECRETARY & DIRECTOR2
MARY K O'SHAUGHNESSYVICE PRESIDENT & DIRECTOR2
MICHAEL J MONAHANTREASURER & DIRECTOR2
ERIN O'S MARTINVICE PRESIDENT & DIRECTOR2
CONNOR O'S MONAHANVICE PRESIDENT & DIRECTOR2

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

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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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