Mithun Family Foundation
The Mithun Family Foundation is a private foundation established in 1986 in Minnesota and headquartered in Wayzata, MN. As a 501(c)(3) organization, it operates as a family foundation with a broad philanthropic mission supporting diverse communities across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55.6M
+19.6% YoY
Annual Giving
$3.3M
+10.0% YoY
Grant Count
83
+5.1% YoY
Avg Grant Size
$40K
+4.7% YoY
Mission & Focus Areas
The foundation gives primarily for the arts, education, and human services. While the foundation does not specify particular subject areas of focus in its public materials, its grant history demonstrates funding across a wide range of initiatives and communities throughout the United States.
Grantmaking
The foundation is open to new applicants. Recent grant activity includes:
Grant Range
** $500–$530,600
Average Grant
** Varies by year
Ready to take the next step with Mithun Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports a wide geographic area across the United States, including funding in Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Michigan, Minnesota, Mississippi, Montana, New Jersey, New York, Ohio, Oregon, South Carolina, Tennessee, Washington, and additional states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $55,555,938
- Total revenues: $8,573,959
- Total expenses: $4,156,619
- Investment income and dividends: $1,265,430
- Net gain from sale of non-inventory assets: $7,204,242
As of 2023:
- Total assets: $46,434,664
- Total revenues: $4,522,835
- Total expenses: $3,647,890
The foundation has no employees and no liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,555,938 | $46,434,664 | $45,559,719 |
| Revenue | $8,573,959 | $4,522,835 | $2,566,132 |
| Expenses | $4,156,619 | $3,647,890 | $4,074,290 |
| Qualifying Distributions | $3,388,754 | $3,076,143 | $3,378,363 |
| Net Investment Income | $7,941,094 | $3,966,089 | $1,987,205 |
| Distributable Amount | $3,342,752 | $2,925,482 | $2,990,554 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's board of directors includes:
- Lewis M. Mithun
- John C. Mithun
- Raymond O. Mithun Jr.
All board members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN C MITHUN | DIRECTOR | 1 | — |
| RAYMOND O MITHUN JR | DIRECTOR | 1 | — |
Contact Information
Address: 950 Wayzata Blvd E Ste 104, Wayzata, MN 55391-1807
Telephone: 612-343-3561
EIN: 36-3495071
Tax-exempt status: Since March 1987
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Mithun Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities