Mindshift Collective Fund

Private foundation · Grantmaker Wilmington, DE EIN: 85-1095673

Mindshift Collective Fund is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $951K in total assets. In 2025, it made $11K in qualifying distributions. Net investment income was $38K.

Key facts about Mindshift Collective Fund

EIN
85-1095673
Latest 990 filing
Form 990-PF, 2025
Total assets
$950,820

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$951K

+69.8% YoY

Revenue

$403K

+1012.4% YoY

Qualifying Distributions

$11K

-8.6% YoY

Expenses

$12K

-3.6% YoY

Under IRS private-foundation payout rules, Mindshift Collective Fund reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Mindshift Collective Fund gives

  • In 2025 it paid out 39% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

LawaiSanfordMemphis

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 2 grants2021 2 grants2022 2 grants2023 0 grants2024 0 grants2025

From 2021 to 2023, annual grant giving ranged from $3K (2021) to $25K (2023). In 2023 it made 2 grants totaling $25K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$950,820$559,996$536,204
Revenue$402,801$36,210$119,061
Expenses$11,977$12,418$31,843
Qualifying Distributions$10,911$11,943$31,843
Net Investment Income$37,801$36,035$19,061
Distributable Amount$28,181$26,552$21,406

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 21, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)

Leadership & Key People

Officers and directors from IRS filings

Mindshift Collective Fund is led by Scott N Perkins, Director, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Scott N Perkins

    Director, President, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Mindshift Collective Fund

How large is Mindshift Collective Fund?

Mindshift Collective Fund reported $951K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Mindshift Collective Fund operate?

Mindshift Collective Fund has awarded grants in Hawaii, Maine, Tennessee.

What is Mindshift Collective Fund's EIN?

Mindshift Collective Fund's EIN (Employer Identification Number) is 85-1095673. IRS Form 990 filing data is available on this page for 2020–2025.

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

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