Paddock Foundation
Paddock Foundation is a private foundation based in Wayzata, Minnesota. It reported 21 grants totaling $949,000 in 2024, supporting organizations in Minnesota and Florida.
Paddock Foundation at a glance
In short: Paddock Foundation gave $949K across 21 grants in 2024 (avg $45K), mostly in Minnesota. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $949,000
- +18.6% vs 2023
- Grants made (2024)
- 21
- -4.5% vs 2023
- Average grant
- $45,190
- +24.3% vs 2023
- Median grant
- $45,000
- Total assets
- $23,135,177
- +58.0% vs 2023
- New grantees (estimate)
- 24% first-time grantees (5 of 21, 2024; small sample)
- Primary geography
- Minnesota (79% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Paddock Foundation
- How to Apply
-
Contact Bruce Paddock. The application is verbal; the filing lists no award restrictions.
- Contact
Application contact: Bruce Paddock
Mailing address: 155 Lake Street East Suite 2000, Wayzata, MN 55391
Phone: (952) 746-4565
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Paddock Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mayo Clinic Center for Regenerative Medicine ($100K). Together the top 10 received $779K.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 82 grants of 111 (74%).
Geographic Focus
Where this funder awards grants
In 2024, 79% of grant dollars went to recipients in Minnesota and 21% to recipients in Florida.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
Is Paddock Foundation open to new grantees?
24%
first-time grantees, 2024
In 2024, 5 of 21 grantees (24%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $34K; repeat grants $49K. How we count
Medians: $25K first-time, $48K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving grew 30% from 2021 to 2024. Method
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $643K (2020) to $949K (2024). In 2024 it made 21 grants totaling $949K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Center for Regenerative Medicine Rochester, MN | General Fund | $100,000 |
| University of MN Pharmacy Minneapolis, MN | General Fund | $100,000 |
| Withall St Louis Park, MN | General Fund | $100,000 |
| YMCA of the Greater Twin Cities Minneapolis, MN | General Fund | $100,000 |
| North Memorial Foundation Robbinsdale, MN | General Fund | $80,000 |
| Boys and Girls Clubs of Broward County Fort Lauderdale, FL | General Fund | $69,000 |
| Ms Society Florida Fort Lauderdale, FL | General Fund | $60,000 |
| Ms Society Minnesota Minneapolis, MN | General Fund | $60,000 |
| Place for Hope West Palm Beach, FL | General Fund | $60,000 |
| ALS Minnesota St. Paul, MN | General Fund | $50,000 |
Ready to take the next step with Paddock Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation’s filing type is Form 990-PF (a private foundation). Its EIN is 46-1610503.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $23,135,177 | $9,567,338 | $1,075,941 | $949,000 | 21 | $949,000 | $6,408,937 | $938,546 |
| 2023 | $14,643,780 | $2,348,484 | $905,302 | $800,000 | 22 | $800,000 | $2,172,028 | $777,692 |
| 2022 | $13,200,598 | $1,650,442 | $943,425 | $800,000 | 22 | $800,000 | $1,445,405 | $724,346 |
| 2021 | $12,493,581 | $2,220,464 | $856,419 | $730,000 | 22 | $730,000 | $2,066,466 | $758,463 |
| 2020 | $11,129,536 | $2,353,469 | $744,798 | $643,000 | 24 | — | $2,239,929 | $563,283 |
Under IRS private-foundation payout rules, Paddock Foundation reported a distributable amount of $939K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated. Its 2024 grants included support for organizations whose own missions address health care, young people, education, and hunger relief. For example, Withall says it helps young people feel good in their bodies and with food; North Memorial Foundation says it supports North Memorial Health Care and its commitment to changing and saving lives; and Feed My Starving Children says it works to eliminate starvation in children worldwide.
Grantmaking
In 2024, the foundation made 21 grants totaling $949,000. Awards ranged from $5,000 to $100,000, with a median grant of $45,000. It made 22 grants totaling $800,000 in each of 2023 and 2022.
Among its 2024 grants, Mayo Clinic Center for Regenerative Medicine, University of MN Pharmacy, Withall, and YMCA of the Greater Twin Cities each received $100,000. North Memorial Foundation received $80,000; Boys and Girls Clubs of Broward County received $69,000; and MS Society Florida, MS Society Minnesota, and Place for Hope each received $60,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bruce G Paddock as president, Ryan B Paddock as treasurer/secretary, and Daralyn C Maras as director.
Paddock Foundation is led by Bruce G. Paddock, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bruce G. Paddock
President
On filings since 2020
1 hr/week
No compensation reported
Daralyn C. Maras
Director
On filings since 2020
1 hr/week
No compensation reported
Ryan B. Paddock
Treasurer & Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Paddock Foundation
How much does Paddock Foundation give each year?
Paddock Foundation gave $949K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $800K across 22 grants.
What is Paddock Foundation's typical grant size?
Paddock Foundation's median grant in 2024 was $45,000, and its average grant was $45,190, across 21 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Paddock Foundation that year got $34K on average.
Where does Paddock Foundation give grants?
Paddock Foundation gives mostly in Minnesota: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (21%). The most frequent recipient cities were Minneapolis, MN (6 grants), Fort Lauderdale, FL (3 grants), Rochester, MN (3 grants) and St Louis Park, MN (2 grants).
Does Paddock Foundation give general operating support?
Yes: 100% of Paddock Foundation's 2024 grants with a stated purpose (21 of 21) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Paddock Foundation's largest grantees?
Paddock Foundation's largest 2024 grantees include Mayo Clinic Center for Regenerative Medicine ($100,000), University of MN Pharmacy ($100,000) and Withall ($100,000), according to its 2024 IRS Form 990-PF. Together they received 32% of its itemized 2024 grant dollars.
How large is Paddock Foundation?
Paddock Foundation reported $23.1M in total assets on its 2024 IRS Form 990-PF. It paid out $949K in qualifying distributions that year, against a required minimum of $939K (roughly 5% of its investment assets).
What does Paddock Foundation fund?
No foundation mission is stated. Its 2024 grants included support for organizations whose own missions address health care, young people, education, and hunger relief. See mission & focus areas ↑
How do I apply for a grant from Paddock Foundation?
Contact Bruce Paddock. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Paddock Foundation's EIN?
Paddock Foundation's EIN (Employer Identification Number) is 46-1610503. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Paddock Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/paddock-foundation-morg_8502bb41547e41c186ab4f72338a11b3
BibTeX
@misc{grantable_461610503_2026,
author = {{Grantable}},
title = {{Paddock Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/paddock-foundation-morg_8502bb41547e41c186ab4f72338a11b3},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Paddock Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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