The nVent Foundation is a private independent foundation based in Minneapolis, Minnesota, established in 2019. It operates as a 501(c)(3) organization dedicated to strengthening communities where nVent Electric plc has business operations through philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-24.0% YoY
Annual Giving
$789K
+49.8% YoY
Grant Count
40
+48.1% YoY
Avg Grant Size
$20K
+1.1% YoY
Mission & Focus Areas
The nVent Foundation aims to connect with communities and protect the future by supporting quality education programs for youth, with a particular emphasis on STEM (science, technology, engineering, and math) opportunities for young learners from underserved or underrepresented communities.
Grantmaking
The Foundation actively awards grants to nonprofit organizations supporting youth STEM education. Recent grant activity includes:
Grant Range
**: $3,000 to $177,000
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Geographic Focus
Where this funder awards grants
The Foundation funds programs in communities where nVent Electric plc operates in the United States, with documented grants in California, Ohio, Texas, and Minnesota.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2.52 million
- Total Liabilities: $311,000
- Total Giving: $789,000 to $795,000
- Number of Grants: 40
- Annual Expenses: $700,000
- Giving Rate: 31.4% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,517,592 | $3,312,218 | $2,344,227 |
| Revenue | — | $1,500,000 | $2,092,256 |
| Expenses | $700,419 | $595,616 | $592,212 |
| Qualifying Distributions | $794,626 | $532,009 | $456,170 |
| Net Investment Income | — | — | — |
| Distributable Amount | $123,892 | $163,211 | $115,503 |
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
107 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
- Beth Wozniak — President
- Lynnette Heath — Vice President
- Jon Lammers — Secretary
- Beth Shuman — Treasurer (as of September 2024)
- Sara Zawoyski — Treasurer (through September 2024)
- Martha Bennett — Director (as of September 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Beth Wozniak | President | 0.5 | — |
| Lynnette Heath | Vice President | 0.5 | — |
| Sara Zawoyski | Treasurer - Thru Sep 24' | 0.5 | — |
| Jon Lammers | Secretary | 0.5 | — |
| Beth Shuman | Treasurer - As of Sep 24' | 0.5 | — |
| Martha Bennett | Director - As of Sep 24' | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The nVent Foundation has demonstrated consistent grant activity supporting youth STEM education. In recent grant cycles, the Foundation has awarded multiple rounds of funding to organizations providing hands-on STEM learning experiences, summer enrichment programs, coding and technology education, and career awareness initiatives for young people in underserved communities.
Latest nVent Foundation Grants Support STEM Education | nVentSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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MINNETONKA, MN
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—
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Total Given
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The Geyer Family Foundation
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—
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Total Given
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Love 4 One Another Charities
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Assets
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Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
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Total Given
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Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
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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.
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