Mickelson Media Foundation Inc

Foundation · Grantmaker ST PAUL, MN EIN: 74-2530419

Mickelson Media Foundation Inc is a private foundation, based in ST PAUL, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $100K. Net investment income was $130K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-8.8% YoY

Annual Giving

$100K

+33.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+33.5% YoY

Under IRS private-foundation payout rules, Mickelson Media Foundation Inc reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Mickelson Media Foundation Inc

Based on IRS filings

Your AI grants department

Ready to take the next step with Mickelson Media Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $397K (100%)

California $100 (0%)

States

California Minnesota

Cities

MinneapolisNew BrightonNew UlmSan FranciscoSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,057,427	$1,159,295	$1,378,915
Revenue	$134,946	$-43,624	$-49,624
Expenses	$104,748	$79,114	$107,765
Qualifying Distributions	$102,600	$77,425	$102,305
Net Investment Income	$130,373	$8,266	—
Distributable Amount	$44,799	$48,993	$59,678

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

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Numas Haus ($100,000), Wikimedia Foundation ($100).

Recipient	Purpose	Amount
NUMAS HAUS NEW ULM, MN	FOR GENERAL SUPPORT OF ORGANIZATION	$100,000
WIKIMEDIA FOUNDATION SAN FRANCISCO, CA	FOR GENERAL SUPPORT OF ORGANIZATION	$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOR MICKELSON	PRESIDENT, TREASURER	1	—
CINDI BETH JOHNSON	VICE PRESIDENT, SECRETARY	1	—
DENNY OLSON	VICE PRESIDENT	1	—

Frequently Asked Questions

How large is Mickelson Media Foundation Inc?

As of 2024, Mickelson Media Foundation Inc holds $1.1M in total assets with $135K in annual revenue. It awarded 2 grants totaling $100K in 2024.

Where does Mickelson Media Foundation Inc operate?

Mickelson Media Foundation Inc has awarded grants in California, Minnesota.

What size grants does Mickelson Media Foundation Inc award?

In 2024, Mickelson Media Foundation Inc awarded 2 grants totaling $100K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Mickelson Media Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mickelson Media Foundation Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mickelson Media Foundation Inc's EIN?

Mickelson Media Foundation Inc's EIN (Employer Identification Number) is 74-2530419. IRS Form 990 filing data is available on this page for 2020–2024.