Ocora Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $505K. Net investment income was $105K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-9.5% YoY
Annual Giving
$505K
+6.8% YoY
Grant Count
8
-27.3% YoY
Avg Grant Size
$63K
+46.8% YoY
Under IRS private-foundation payout rules, Ocora Foundation reported a distributable amount of $214K for 2024 — the minimum it must pay out in qualifying distributions.
About Ocora Foundation
Based on IRS filings
Ocora Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $505K. Net investment income was $105K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,855,713 | $4,259,417 | $4,636,944 |
| Revenue | $115,511 | $108,070 | $89,357 |
| Expenses | $519,215 | $485,597 | $418,647 |
| Qualifying Distributions | $508,504 | $476,056 | $400,229 |
| Net Investment Income | $104,800 | $81,132 | $80,539 |
| Distributable Amount | $214,187 | $209,336 | $222,484 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Innercity Tennis Foundation ($100,000), Rescue Network Inc ($100,000), University of Minnesota Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CORNER OF KINDNESS ST BONIFACIUS, MN | PROGRAM SUPPORT | $25,000 |
| INNERCITY TENNIS FOUNDATION MINNEAPOLIS, MN | PROGRAM SUPPORT | $100,000 |
| MY VERY OWN BED MINNEAPOLIS, MN | PROGRAM SUPPORT | $15,000 |
| RESCUE NETWORK INC BUFFALO, MN | PROGRAM SUPPORT | $100,000 |
| SIMPSON HOUSING SERVICES INC MINNEAPOLIS, MN | PROGRAM SUPPORT | $25,000 |
| THE BITTY KITTY BRIGADE LITTLE CANADA, MN | PROGRAM SUPPORT | $65,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION ST PAUL, MN | RAPTOR CENTER FUND - COLLEGE OF VETERINARY MEDICINE | $100,000 |
| WILDLIFE REHABILITATION CENTER OF MN ROSEVILLE, MN | PROGRAM SUPPORT | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNNE RASMUSSEN | PRESIDENT/TREASURER/ASST SECRETARY | 2 | — |
| BRIAN O'CONNELL | VP/SECRETARY/ASST TREASURER | 2 | — |
| AMY MORSMAN | DIRECTOR | 1 | — |
| DECLAIN O'CONNELL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ocora Foundation?
Ocora Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. It holds $3.9M in total assets as of 2024.
How large is Ocora Foundation?
As of 2024, Ocora Foundation holds $3.9M in total assets with $116K in annual revenue. It awarded 8 grants totaling $505K in 2024.
Where does Ocora Foundation operate?
Ocora Foundation has awarded grants in Minnesota, Wisconsin.
What size grants does Ocora Foundation award?
In 2024, Ocora Foundation awarded 8 grants totaling $505K — an average of about $63K per grant, based on its IRS Form 990 filings.
How much is Ocora Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ocora Foundation reported a distributable amount of $214K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ocora Foundation's EIN?
Ocora Foundation's EIN (Employer Identification Number) is 85-4273077. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Ocora Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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