Minerva Foundation is a private foundation focused on Medical Research, based in Pennington, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $11.4M in total assets. In 2025, it awarded 13 grants totaling $567K. Net investment income was $525K.
Key facts about Minerva Foundation
In short: Minerva Foundation gave $567K across 13 grants in 2025 (avg $44K), mostly in District of Columbia. 46% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 20-1836334
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $567,492
- Grants made (2025)
- 13
- Average grant
- $43,653
- Median grant
- $30,000
- New grantees (estimate)
- 46% first-time grantees (6 of 13, 2025)
- Total assets
- $11,397,422
- Primary geography
- District of Columbia (58% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.4M
+1.9% YoY
Annual Giving
$567K
+14.4% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$44K
+14.4% YoY
Under IRS private-foundation payout rules, Minerva Foundation reported a distributable amount of $670K for 2025 — the minimum it must pay out in qualifying distributions.
Is Minerva Foundation open to new grantees?
46%
first-time grantees, 2025
In 2025, 6 of 13 grantees (46%) were first-time recipients. First grants averaged $57K; repeat grants $32K. How we count
Medians: $37K first-time, $25K repeat.
- 54% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| DEMOCRACY FORWARD FDN Washington, DC | UNRESTRICTED GENERAL | $180,164 |
| DEFENDERS OF WILDLIFE Washington, DC | UNRESTRICTED GENERAL | $75,000 |
| PLANNED PARENTHOOD FEDERATION New York, NY | UNRESTRICTED GENERAL | $50,000 |
| JOHNS HOPKINS UNIVERSITY Baltimore, MD | UNRESTRICTED GENERAL | $50,000 |
| DOCTORS WITHOUT BORDERS New York, NY | UNRESTRICTED GENERAL | $44,164 |
| UNRWA USA Washington, DC | UNRESTRICTED GENERAL | $44,164 |
| FUND FOR CONSTITUTIONAL GOVERNMENT Washington, DC | UNRESTRICTED GENERAL | $30,000 |
| SARAH LAWRENCE COLLEGE Bronxville, NY | UNRESTRICTED GENERAL | $25,000 |
| THE NATURE CONSERVANCY Arlington, VA | UNRESTRICTED GENERAL | $25,000 |
| NSVC - EARTHWALK Old Zionsville, PA | UNRESTRICTED GENERAL | $14,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,397,422 | $11,188,529 | $10,258,679 |
| Revenue | $908,194 | $1,552,185 | $-822,943 |
| Expenses | $698,847 | $622,344 | $606,311 |
| Qualifying Distributions | $619,454 | $544,646 | $518,134 |
| Net Investment Income | $524,506 | $1,200,116 | $202,349 |
| Distributable Amount | $669,553 | $589,195 | $539,907 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 3, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 24, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 1, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Minerva Foundation is led by Kristie Miller, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kristie Miller
President
On filings since 2019
1 hr/week
No compensation reported
Ellen Johnson Twaddell
Trustee
Secretary → Treasurer, 2020
Treasurer → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
W. Sanderson Twaddell
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: William Twaddell (2019) — Vice President
Data from IRS Form 990 filings, 2019–2025. "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 Minerva Foundation
How much does Minerva Foundation give each year?
Minerva Foundation gave $567K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $496K across 13 grants.
What is Minerva Foundation's typical grant size?
Minerva Foundation's median grant in 2025 was $30,000, and its average grant was $43,653, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Minerva Foundation that year got $57K on average.
Where does Minerva Foundation give grants?
Minerva Foundation gives mostly in District of Columbia: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (23%) and Maryland (9%). The most frequent recipient cities were Washington, DC (4 grants) and New York, NY (2 grants).
Does Minerva Foundation give general operating support?
Yes: 100% of Minerva Foundation's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Minerva Foundation's largest grantees?
Minerva Foundation's largest 2025 grantees include Democracy Forward Fdn ($180,164), Defenders of Wildlife ($75,000) and Planned Parenthood Federation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 54% of its itemized 2025 grant dollars.
How large is Minerva Foundation?
Minerva Foundation reported $11.4M in total assets on its 2025 IRS Form 990-PF. It paid out $619K in qualifying distributions that year, against a required minimum of $670K (roughly 5% of its investment assets).
What is Minerva Foundation?
Minerva Foundation is a private foundation focused on Medical Research, based in Pennington, NJ. It holds $11.4M in total assets as of 2025.
What is Minerva Foundation's EIN?
Minerva Foundation's EIN (Employer Identification Number) is 20-1836334. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Minerva Foundation by hand.
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