Inventure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST CLOUD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 4 grants totaling $13K. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
+122.5% YoY
Annual Giving
$13K
-63.1% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$3K
-35.4% YoY
Under IRS private-foundation payout rules, Inventure Foundation reported a distributable amount of $381 for 2024 — the minimum it must pay out in qualifying distributions.
About Inventure Foundation
Based on IRS filings
Inventure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST CLOUD, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 4 grants totaling $13K. Net investment income was $1.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,173 | $1,426 | $19,728 |
| Revenue | $19,336 | $7,500 | $35,000 |
| Expenses | $15,005 | $37,456 | $17,842 |
| Qualifying Distributions | $13,496 | $36,541 | $16,997 |
| Net Investment Income | $1 | — | — |
| Distributable Amount | $381 | $521 | $503 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Charities ($10,500), Quiet Oaks Hospice House ($2,500), St Cloud Hospital Volunteer Program ($316).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC CHARITIES ST CLOUD, MN | CIRCLE OF HOPE, PACK THE PORCH FOOD DRIVE, AND MARDI GRAS 2025 | $10,500 |
| QUIET OAKS HOSPICE HOUSE ST CLOUD, MN | AUTUMUN REFLECTIONS | $2,500 |
| SAUK RAPIDS-RICE HIGH SCHOOL SAUK RAPIDS, MN | 2024 YEARBOOK SPONSORSHIP | $180 |
| ST CLOUD HOSPITAL VOLUNTEER PROGRAM ST CLOUD, MN | FLEECE BLANKET DONATIONS | $316 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS J BOSER | PRESIDENT | 0.5 | — |
| MADELINE E BOSER | CO VICE PRESIDENT | 0.5 | — |
| OLIVIA R BOSER | CO VICE PRESIDENT | 0.5 | — |
| JAMES P SCHLEPER | SECRETARY AND TREASURER | 0.5 | — |
| GERALDINE BOSER | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Inventure Foundation?
Inventure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST CLOUD, MN. It holds $3K in total assets as of 2024.
How large is Inventure Foundation?
As of 2024, Inventure Foundation holds $3K in total assets with $19K in annual revenue. It awarded 4 grants totaling $13K in 2024.
Where does Inventure Foundation operate?
Inventure Foundation has awarded grants in Minnesota.
What size grants does Inventure Foundation award?
In 2024, Inventure Foundation awarded 4 grants totaling $13K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Inventure Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Inventure Foundation reported a distributable amount of $381 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Inventure Foundation's EIN?
Inventure Foundation's EIN (Employer Identification Number) is 84-2879195. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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