Mark and Cindy Fritz Family Foundation
Mark and Cindy Fritz Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT LAKES, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 22 grants totaling $586K. Net investment income was $478K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
-2.4% YoY
Annual Giving
$586K
+6.2% YoY
Grant Count
22
+37.5% YoY
Avg Grant Size
$27K
-22.8% YoY
Under IRS private-foundation payout rules, Mark and Cindy Fritz Family Foundation reported a distributable amount of $306K for 2024 — the minimum it must pay out in qualifying distributions.
About Mark and Cindy Fritz Family Foundation
Based on IRS filings
Mark and Cindy Fritz Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT LAKES, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 22 grants totaling $586K. Net investment income was $478K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,078,228 | $5,201,907 | $5,833,092 |
| Revenue | $495,365 | $-23,577 | $-40,446 |
| Expenses | $619,044 | $607,608 | $365,726 |
| Qualifying Distributions | $593,417 | $562,493 | $329,799 |
| Net Investment Income | $478,373 | $152,336 | $219,153 |
| Distributable Amount | $305,832 | $266,498 | $284,013 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Project 412 ($358,300), FM Area Foundation ($75,000), Detroit Lakes High School ($65,000).
| Recipient | Purpose | Amount |
|---|---|---|
| City of Detroit Lakes Detroit Lakes, MN | Support for Downtown Alive | $1,000 |
| Cues Fund Omaha, NE | General Operations | $2,500 |
| Detroit Lakes Dollars for Scholars Detroit Lakes, MN | General Operations | $3,000 |
| Detroit Lakes High School Detroit Lakes, MN | General Operations | $65,000 |
| Detroit Lakes Youth Hockey Association Detroit Lakes, MN | General Operations | $1,000 |
| Detroit Mountain Recreation Area Detroit Lakes, MN | General Operations, Music on the Mountain | $10,500 |
| Emerging Prairie Fargo, ND | General Operations | $10,000 |
| FM Area Foundation Fargo, ND | Lakeshirts Donor Advised Fund | $75,000 |
| Holy Rosary School Detroit Lakes, MN | General Operations | $1,200 |
| Hospice of the Red River Valley Fargo, ND | General Operations | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mark T Fritz | President/Chair | 0.1 | — |
| Cynthia L Fritz | VP/Vice Chair/Secretary/Treasurer | 0.1 | — |
| Greta C Fritz | Director | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mark and Cindy Fritz Family Foundation?
Mark and Cindy Fritz Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT LAKES, MN. It holds $5.1M in total assets as of 2024.
How large is Mark and Cindy Fritz Family Foundation?
As of 2024, Mark and Cindy Fritz Family Foundation holds $5.1M in total assets with $495K in annual revenue. It awarded 22 grants totaling $586K in 2024.
Where does Mark and Cindy Fritz Family Foundation operate?
Mark and Cindy Fritz Family Foundation has awarded grants in Colorado, Idaho, Minnesota, Montana, North Dakota, Nebraska.
What size grants does Mark and Cindy Fritz Family Foundation award?
In 2024, Mark and Cindy Fritz Family Foundation awarded 22 grants totaling $586K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Mark and Cindy Fritz Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark and Cindy Fritz Family Foundation reported a distributable amount of $306K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mark and Cindy Fritz Family Foundation's EIN?
Mark and Cindy Fritz Family Foundation's EIN (Employer Identification Number) is 84-3917668. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mark and Cindy Fritz Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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