Northern Coop Foundation
Northern Coop Foundation is a private foundation, based in WADENA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 6 grants totaling $6K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$247K
+14.3% YoY
Annual Giving
$6K
-25.0% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Northern Coop Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Northern Coop Foundation
Based on IRS filings
Northern Coop Foundation is a private foundation, based in WADENA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 6 grants totaling $6K. Net investment income was $13K.
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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 | $246,506 | $215,695 | $216,381 |
| Revenue | $15,337 | $17,416 | $16,271 |
| Expenses | $8,323 | $10,178 | $12,907 |
| Qualifying Distributions | $6,000 | $8,000 | $11,000 |
| Net Investment Income | $13,014 | $15,238 | $14,364 |
| Distributable Amount | $11,959 | $10,411 | $10,457 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Simon Kroll ($1,000), Madelyn Hunt ($1,000), Gavin Petermeier ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SIMON KROLL Royalton, MN | SCHOLARSHIP | $1,000 |
| MADELYN HUNT Saint Augusta, MN | SCHOLARSHIP | $1,000 |
| GAVIN PETERMEIER Avon, MN | SCHOLARSHIP | $1,000 |
| JADE BENNING Eagle Bend, MN | SCHOLARSHIP | $1,000 |
| KATIE ORTH Randall, MN | SCHOLARSHIP | $1,000 |
| HANK TELLERS Sebeka, MN | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EUGENE ARVIDSON | PRESIDENT | — | — |
| RUTH KINNUNEN | V PRESIDENT | — | — |
| MICHELLE CHRISTIANSEN | SECRETARY | — | — |
| PAM HOTAKAINEN | TREASURER | — | — |
Frequently Asked Questions
How large is Northern Coop Foundation?
As of 2024, Northern Coop Foundation holds $247K in total assets with $15K in annual revenue. It awarded 6 grants totaling $6K in 2024.
Where does Northern Coop Foundation operate?
Northern Coop Foundation has awarded grants in Minnesota, North Dakota.
What size grants does Northern Coop Foundation award?
In 2024, Northern Coop Foundation awarded 6 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Northern Coop Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Northern Coop Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Northern Coop Foundation's EIN?
Northern Coop Foundation's EIN (Employer Identification Number) is 36-3258840. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.