Impact Foundation
Impact Foundation is a private foundation based in Cambridge, Minnesota. It reported giving $192,000 through 20 grants in 2024, including grants to churches, ministries, and other organizations.
Impact Foundation at a glance
In short: Impact Foundation gave $192K across 20 grants in 2024 (avg $10K), mostly in Minnesota. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $192,000
- +2.2% vs 2023
- Grants made (2024)
- 20
- -4.8% vs 2023
- Average grant
- $9,600
- +7.3% vs 2023
- Median grant
- $3,500
- Total assets
- $1,258,450
- -14.4% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 20, 2024; small sample)
- Primary geography
- Minnesota (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Impact Foundation
- How to Apply
-
The filing names Timothy Johnson as the contact. Applicants should submit a brief résumé of academic qualifications. Research grant applicants should also include an outline of the proposed investigation and a proposed budget. The filing states that there are no restrictions on awards.
- Contact
Application contact: Timothy Johnson
Mailing address: 2 Enterprise Drive Suite D4, Isanti, MN 55040
Phone: (763) 689-4605
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Impact Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Calvary Church ($53K). Together the top 10 received $172K.
Grant Size Distribution
108 grants across all recorded years
The most common grant size was under $50K: 106 grants of 108 (98%).
Geographic Focus
Where this funder awards grants
In 2024, 91% of grant dollars went to recipients in Minnesota. The remaining shares were Florida (3%), Illinois (2%), California (2%), and Wisconsin (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
Cities
Is Impact Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 20 grantees (0%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving grew 37% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $130K (2020) to $194K (2022). In 2024 it made 20 grants totaling $192K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Calvary Church Roseville, MN | General Donation | $53,000 |
| Bethlehem College & Seminary Minneapolis, MN | General Donation | $40,000 |
| The North Church St. Paul, MN | General Donation | $20,000 |
| Read Ministries Cambridge, MN | Ukraine Religious Ministry | $15,000 |
| Minnesota Family Institute Minneapolis, MN | Family Religious Ministry; Fundraiser Table Sponsorship | $13,000 |
| Young Life Northern Twin Cities Roseville, MN | Youth Life Club | $13,000 |
| Hope United CDC Minneapolis, MN | General Donation | $5,000 |
| TEN20 Words St. Paul, MN | General Donation | $5,000 |
| Pioneers Orlando, FL | General Donation to Organization | $4,000 |
| TCT Network Marion, IL | General Donation | $4,000 |
Ready to take the next step with Impact Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,258,450 | $99,295 | $196,203 | $192,000 | 20 | $192,000 | $25,004 | $2,393 |
| 2023 | $1,469,445 | $113,624 | $192,721 | $187,930 | 21 | $187,930 | $31,826 | $5,232 |
| 2022 | $1,560,759 | $90,754 | $205,178 | $193,500 | 22 | $193,500 | $2,913 | $6,466 |
| 2021 | $1,872,141 | $392,263 | $143,674 | $140,000 | 22 | $140,000 | $337,263 | $1,312 |
| 2020 | $1,484,349 | $125,879 | $137,068 | $129,786 | 23 | — | $37,114 | $9,061 |
Under IRS private-foundation payout rules, Impact Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included general donations and support for purposes described in the filing as youth life club, Ukraine religious ministry, and family religious ministry.
Among its grantees, READ MINISTRIES describes its mission as equipping the Eurasian church for effective ministry in Ukraine, Kazakhstan, Kyrgyzstan, Belarus, and restricted-access countries. Minnesota Family Institute says it seeks to strengthen Minnesota families by advancing biblical principles in the public arena. Healing Haiti describes itself as a Christ-centered ministry serving poor, vulnerable, and disadvantaged people and working to strengthen Haitian families and communities. These are the grantees’ descriptions of their own missions.
Grantmaking
In 2024, the foundation made 20 grants totaling $192,000. Grants ranged from $1,000 to $53,000, with a median grant of $3,500.
The largest reported grants included $53,000 to Calvary Church in Roseville, Minnesota; $40,000 to Bethlehem College & Seminary in Minneapolis; $20,000 to The North Church in St. Paul; and $15,000 to READ MINISTRIES in Cambridge, for Ukraine religious ministry. Other notable grants were $13,000 each to Minnesota Family Institute and Young Life Northern Twin Cities, and $5,000 each to Hope United CDC and Ten20 Words. Arrive Ministries received $2,000 in 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark Anderson as CEO/President and Timothy Johnson as CFO/Treasurer/VP.
Impact Foundation is led by Mark Anderson, CEO & President since 2021 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Anderson
CEO & President
President, CEO & Secretary → CEO & President, 2021
On filings since 2020
No compensation reported
Timothy Johnson
CFO, Treasurer & Vice President
Vice President, CFO & Treasurer → Cfp, Treasurer & Vice President, 2021
Cfp, Treasurer & Vice President → CFO, Treasurer & Vice President, 2022
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Impact Foundation
How much does Impact Foundation give each year?
Impact Foundation gave $192K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $188K across 21 grants.
What is Impact Foundation's typical grant size?
Impact Foundation's median grant in 2024 was $3,500, and its average grant was $9,600, across 20 grants on its 2024 IRS Form 990-PF.
Where does Impact Foundation give grants?
Impact Foundation gives mostly in Minnesota: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (5 grants), Roseville, MN (2 grants), St. Paul, MN (2 grants) and Cambridge, MN (2 grants).
Does Impact Foundation give general operating support?
Yes: 80% of Impact Foundation's 2024 grants with a stated purpose (16 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Impact Foundation's largest grantees?
Impact Foundation's largest 2024 grantees include Calvary Church ($53,000), Bethlehem College & Seminary ($40,000) and The North Church ($20,000), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.
How large is Impact Foundation?
Impact Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $192K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What does Impact Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included general donations and support for purposes described in the filing as youth life club, Ukraine religious ministry, and family religious ministry. See mission & focus areas ↑
How do I apply for a grant from Impact Foundation?
The filing names Timothy Johnson as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Impact Foundation's EIN?
Impact Foundation's EIN (Employer Identification Number) is 41-1901660. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Impact Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Impact Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/impact-foundation-morg_d4c772215c8b4f888049980891a3a93c
BibTeX
@misc{grantable_411901660_2026,
author = {{Grantable}},
title = {{Impact Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/impact-foundation-morg_d4c772215c8b4f888049980891a3a93c},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Impact Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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