Minerva Foundation-invesco is a private foundation focused on Medical Research, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 13 grants totaling $496K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
+9.1% YoY
Annual Giving
$496K
+4.6% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$38K
-19.5% YoY
Under IRS private-foundation payout rules, Minerva Foundation-invesco reported a distributable amount of $589K for 2024 — the minimum it must pay out in qualifying distributions.
About Minerva Foundation-invesco
Based on IRS filings
Minerva Foundation-invesco is a private foundation focused on Medical Research, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 13 grants totaling $496K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,188,529 | $10,258,679 | $11,687,929 |
| Revenue | $1,552,185 | $-822,943 | $3,567,620 |
| Expenses | $622,344 | $606,311 | $635,227 |
| Qualifying Distributions | $544,646 | $518,134 | $582,889 |
| Net Investment Income | $1,200,116 | $202,349 | $3,221,069 |
| Distributable Amount | $589,195 | $539,907 | $520,845 |
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lilith Fund ($100,000), Unrwa Usa ($81,220), World Resources Institute ($61,333).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW URBAN ARTS PROVIDENCE, RI | UNRESTRICTED GENERAL | $10,000 |
| PLANNED PARENTHOOD FEDERATION NEW YORK, NY | UNRESTRICTED GENERAL | $40,000 |
| MEDECINS SANS FRONTIERS USA INC NEW YORK, NY | UNRESTRICTED GENERAL | $40,000 |
| 826NYC INC BROOKLYN, NY | UNRESTRICTED GENERAL | $10,000 |
| UNRWA USA WASHINGTON, DC | UNRESTRICTED GENERAL | $81,220 |
| SARAH LAWRENCE COLLEGE BRONXVILLE, NY | UNRESTRICTED GENERAL | $25,000 |
| FUND FOR CONSTITUTIONAL GOVT WASHINGTON, DC | UNRESTRICTED GENERAL | $30,000 |
| WORLD RESOURCES INSTITUTE GLEN BURNIE, MD | UNRESTRICTED GENERAL | $61,333 |
| DEFENDERS OF WILDLIFE WASHINGTON, DC | UNRESTRICTED GENERAL | $5,000 |
| LILITH FUND AUSTIN, TX | UNRESTRICTED GENERAL | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRISTIE MILLER | PRESIDENT | 1 | — |
| DR W SANDERSON TWADDELL | TRUSTEE | 1 | — |
| ELLEN JOHNSON TWADDELL | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Minerva Foundation-invesco?
Minerva Foundation-invesco is a private foundation focused on Medical Research, based in PENNINGTON, NJ. It holds $11.2M in total assets as of 2024.
How large is Minerva Foundation-invesco?
As of 2024, Minerva Foundation-invesco holds $11.2M in total assets with $1.6M in annual revenue. It awarded 13 grants totaling $496K in 2024.
Where does Minerva Foundation-invesco operate?
Minerva Foundation-invesco has awarded grants in Alabama, California, District of Columbia, Massachusetts, Maryland, New Hampshire, New York, Pennsylvania, Rhode Island, Texas, Virginia.
What size grants does Minerva Foundation-invesco award?
In 2024, Minerva Foundation-invesco awarded 13 grants totaling $496K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Minerva Foundation-invesco required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Minerva Foundation-invesco reported a distributable amount of $589K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Minerva Foundation-invesco's EIN?
Minerva Foundation-invesco's EIN (Employer Identification Number) is 20-1836334. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Minerva Foundation-invesco's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.