Ivy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 2 grants totaling $953K. Net investment income was $71K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-6.2% YoY
Annual Giving
$953K
-0.9% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$477K
+197.4% YoY
About Ivy Foundation
Based on IRS filings
Ivy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 2 grants totaling $953K. Net investment income was $71K.
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 | $1,784,854 | $1,902,417 | $1,211,177 |
| Revenue | $878,561 | $1,845,762 | $77,342 |
| Expenses | $996,124 | $1,001,200 | $226,542 |
| Qualifying Distributions | $960,196 | $964,688 | $184,185 |
| Net Investment Income | $70,961 | $242,839 | $47,937 |
| Distributable Amount | $82,198 | $64,099 | $78,174 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA E MACMILLAN | PRESIDENT/DIRECTOR | 0.25 | — |
| JENNIFER J CULLEN | SECRETARY | 0.25 | — |
| KATHERINE WEBER | TREASURER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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MINNETONKA, MN
Assets
—
Grants
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Total Given
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The Geyer Family Foundation
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Assets
—
Grants
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Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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