Krisbin Foundation
Krisbin Foundation is a private foundation based in Wayzata, Minnesota. It supports charitable organizations through grants; its 2024 funding included colleges, a medical center, and organizations working in early education and child development.
Krisbin Foundation at a glance
In short: Krisbin Foundation gave $454K across 26 grants in 2024 (avg $17K), top state Minnesota. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $453,500
- +27.4% vs 2023
- Grants made (2024)
- 26
- +0.0% vs 2023
- Average grant
- $17,442
- +27.4% vs 2023
- Median grant
- $10,000
- Total assets
- $6,895,454
- +14.2% vs 2023
- New grantees (estimate)
- 19% first-time grantees (5 of 26, 2024)
- Primary geography
- Minnesota (48% 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 Krisbin Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 366 Ferndale Road S, Wayzata, MN 55391
Phone: (612) 812-6354
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Krisbin Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was St Olaf College ($95K). Together the top 10 received $365K.
Grant Size Distribution
160 grants across all recorded years
The most common grant size was under $50K: 153 grants of 160 (96%).
Geographic Focus
Where this funder awards grants
In 2024, Minnesota received 48% of grant dollars, Massachusetts 21%, California 13%, Maine 6%, and Connecticut 4%.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Is Krisbin Foundation open to new grantees?
19%
first-time grantees, 2024
In 2024, 5 of 26 grantees (19%) were first-time recipients. First grants averaged $8K; repeat grants $20K. How we count
Medians: $5K first-time, $10K repeat.
- 77% of 2024 grantees were also funded in 2023. Method
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 117% of 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 $315K (2020) to $454K (2024). In 2024 it made 26 grants totaling $454K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Olaf College Northfield, MN | Donation | $95,000 |
| Boston Medical Center Boston, MA | Donation | $90,000 |
| SEO Scholars San Francisco San Francisco, CA | Donation | $35,000 |
| Constellation Fund Minneapolis, MN | Donation | $25,000 |
| Neighborhood Villages Boston, ME | Donation | $25,000 |
| Build Natl Headquarters Redwood City, CA | Donation | $20,000 |
| Reach Out and Read Minneapolis, MN | Donation | $20,000 |
| Rise Early Learning Center Minneapolis, MN | Donation | $20,000 |
| Yale University New Haven, CT | Donation | $20,000 |
| Adopt a Family of Palm Beach North Lake Worth, FL | Donation | $15,000 |
Ready to take the next step with Krisbin 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 | $6,895,454 | $1,320,811 | $461,440 | $453,500 | 26 | $453,500 | $1,303,653 | $388,011 |
| 2023 | $6,036,083 | $284,486 | $363,444 | $356,000 | 26 | $356,000 | $269,208 | $354,339 |
| 2022 | $6,115,041 | $454,776 | $433,182 | $425,000 | 35 | $425,000 | $414,515 | $343,057 |
| 2021 | $6,093,447 | $1,090,401 | $370,065 | $363,000 | 36 | $363,000 | $995,571 | $353,157 |
| 2020 | $5,373,111 | $239,828 | $319,954 | $315,000 | 37 | — | $140,921 | $294,511 |
Under IRS private-foundation payout rules, Krisbin Foundation reported a distributable amount of $388K 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 grantees illustrate the range of organizations it supports. St. Olaf College says it challenges students through liberal arts education and exploration of faith, values, and vocation. Boston Medical Center says its mission is to provide excellent, accessible health services regardless of patients’ status or ability to pay. Neighborhood Villages describes its work as developing solutions for early education and child care and advancing systems change. Reach Out and Read says it incorporates books into pediatric care and encourages families to read aloud together. Rise Early Learning Center says it supports young children’s development and helps children and families thrive.
Grantmaking
In filing year 2024, the foundation awarded 26 grants totaling $453,500. Grants ranged from $2,000 to $95,000, with a median of $10,000. Its largest reported grants included $95,000 to St. Olaf College, $90,000 to Boston Medical Center, $35,000 to SEO Scholars San Francisco, and $25,000 each to Constellation Fund and Neighborhood Villages.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Robbin S. Johnson and B. Kristine Johnson as trustees.
Krisbin Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
B. Kristine Johnson
Trustee
On filings since 2020
No compensation reported
Robbin S. Johnson
Trustee
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 Krisbin Foundation
How much does Krisbin Foundation give each year?
Krisbin Foundation gave $454K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $356K across 26 grants.
What is Krisbin Foundation's typical grant size?
Krisbin Foundation's median grant in 2024 was $10,000, and its average grant was $17,442, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Krisbin Foundation that year got $8K on average.
Where does Krisbin Foundation give grants?
Krisbin Foundation's top state is Minnesota, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (21%) and California (13%). The most frequent recipient cities were Minneapolis, MN (8 grants), San Francisco, CA (2 grants) and Cambridge, MA (2 grants).
Does Krisbin Foundation give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on Krisbin Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (26 grants).
Who are Krisbin Foundation's largest grantees?
Krisbin Foundation's largest 2024 grantees include St Olaf College ($95,000), Boston Medical Center ($90,000) and SEO Scholars San Francisco ($35,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.
How large is Krisbin Foundation?
Krisbin Foundation reported $6.9M in total assets on its 2024 IRS Form 990-PF. It paid out $454K in qualifying distributions that year, against a required minimum of $388K (roughly 5% of its investment assets).
What does Krisbin Foundation fund?
No mission statement for the foundation is provided. Its 2024 grantees illustrate the range of organizations it supports. St. Olaf College says it challenges students through liberal arts education and exploration of faith, values, and vocation. See mission & focus areas ↑
How do I apply for a grant from Krisbin Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Krisbin Foundation's EIN?
Krisbin Foundation's EIN (Employer Identification Number) is 41-6419749. IRS Form 990 filing data is available on this page for 2020–2024.
Does Krisbin Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Krisbin Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Krisbin Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/krisbin-foundation-morg_af298bba94e945989b1eec8b74faa388
BibTeX
@misc{grantable_416419749_2026,
author = {{Grantable}},
title = {{Krisbin Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/krisbin-foundation-morg_af298bba94e945989b1eec8b74faa388},
note = {Accessed 2026-10-13. 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 Krisbin 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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