Njr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.5M in total assets. In 2023, it awarded 16 grants totaling $115K. Net investment income was $396K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2.5M
+13.8% YoY
Annual Giving
$115K
+28.4% YoY
Grant Count
16
-5.9% YoY
Avg Grant Size
$7K
+36.4% YoY
About Njr Foundation
Based on IRS filings
Njr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.5M in total assets. In 2023, it awarded 16 grants totaling $115K. Net investment income was $396K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,511,585 | $2,207,572 | $2,142,807 |
| Revenue | $399,077 | $159,708 | $477,495 |
| Expenses | $119,362 | $94,979 | $152,568 |
| Qualifying Distributions | $116,250 | $90,750 | $77,000 |
| Net Investment Income | $395,965 | $155,479 | $401,927 |
| Distributable Amount | $60,599 | $90,442 | $31,189 |
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 2023
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEIL RAUENHORST | PRESIDENT/DIRECTOR | 10 | — |
| BECKY RAUENHORST | TREASURER/DIRECTOR | 10 | — |
| NATALIE GOMEZ | SECRETARY/TREASURER | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Donald and Luella Zibell Family Foundation
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Total Given
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Minnesota Citizens Concerned
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Assets
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Total Given
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Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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