Megan and Bernie Vonruden Foundation Inc

Foundation · Grantmaker FARIBAULT, MN EIN: 92-1387656

Megan and Bernie Vonruden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FARIBAULT, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 10 grants totaling $240K. Net investment income was $88K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+1.4% YoY

Annual Giving

$240K

+3488.6% YoY

Grant Count

10

+900.0% YoY

Avg Grant Size

$24K

+258.9% YoY

Under IRS private-foundation payout rules, Megan and Bernie Vonruden Foundation Inc reported a distributable amount of $164K for 2024 — the minimum it must pay out in qualifying distributions.

About Megan and Bernie Vonruden Foundation Inc

Based on IRS filings

Megan and Bernie Vonruden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FARIBAULT, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 10 grants totaling $240K. Net investment income was $88K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

FaribaultInver Grove HeightsLakevilleRaleighStillwaterWarroad

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$825K$2M$2M$3M202220232024
Metric202420232022
Total Assets$3,304,386$3,259,618$3,002,768
Revenue$106,873$543,551$3,001,489
Expenses$261,208$24,710
Qualifying Distributions$239,815$6,707
Net Investment Income$87,969$524,022$1,886
Distributable Amount$163,735$145,449$5,147

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$120K$180K$240K0 grants20221 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GIRLS ON THE RUN$35KFARIBAULT AREA HOSPICE F…$35KSOLDIERS 6$35KHOMETOWN HERO$30KRUTH'S HOUSE$25KMAX FOUNDATION$25KGIRLS ON THE RUN$25KMAX FOUNDATION$25KBETHLEHEM ACADEMY PROM$5KLAKEVILLE SOUTH BOYS GOLF$290

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Girls on the Run ($35,000), Faribault Area Hospice Foundation ($35,000), Soldiers 6 ($35,000).

RecipientPurposeAmount
LAKEVILLE SOUTH BOYS GOLF LAKEVILLE, MNDONATION$290
GIRLS ON THE RUN RALEIGH, NCDONATION$35,000
RUTH'S HOUSE FARIBAULT, MNDONATION$25,000
FARIBAULT AREA HOSPICE FOUNDATION FARIBAULT, MNDONATION$35,000
SOLDIERS 6 INVER GROVE HEIGHTS, MNDONATION$35,000
HOMETOWN HERO STILLWATER, MNDONATION$30,000
MAX FOUNDATION WARROAD, MNDONATION$25,000
GIRLS ON THE RUN RALEIGH, NCDONATION$25,000
MAX FOUNDATION WARROAD, MNDONATION$25,000
BETHLEHEM ACADEMY PROM FARIBAULT, MNDONATION$4,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MEGAN VONRUDENPRESIDENT0.5
BERNARD VONRUDENTREASURER0.5
BRITTON VONRUDENBOARD MEMBER0.5
MONET VONRUDENBOARD MEMBER0.5
MATTHEW DREVLOWSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Megan and Bernie Vonruden Foundation Inc?

Megan and Bernie Vonruden Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FARIBAULT, MN. It holds $3.3M in total assets as of 2024.

How large is Megan and Bernie Vonruden Foundation Inc?

As of 2024, Megan and Bernie Vonruden Foundation Inc holds $3.3M in total assets with $107K in annual revenue. It awarded 10 grants totaling $240K in 2024.

Where does Megan and Bernie Vonruden Foundation Inc operate?

Megan and Bernie Vonruden Foundation Inc has awarded grants in Minnesota, North Carolina.

What size grants does Megan and Bernie Vonruden Foundation Inc award?

In 2024, Megan and Bernie Vonruden Foundation Inc awarded 10 grants totaling $240K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Megan and Bernie Vonruden Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Megan and Bernie Vonruden Foundation Inc reported a distributable amount of $164K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Megan and Bernie Vonruden Foundation Inc's EIN?

Megan and Bernie Vonruden Foundation Inc's EIN (Employer Identification Number) is 92-1387656. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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