Quetico Superior Foundation
Quetico Superior Foundation is a private foundation, based in Minneapolis, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 7 grants totaling $101K. Net investment income was $146K.
Quetico Superior Foundation at a glance
In short: Quetico Superior Foundation gave $101K across 7 grants in 2024 (avg $14K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $101,000
- +24.7% vs 2023
- Grants made (2024)
- 7
- +0.0% vs 2023
- Average grant
- $14,429
- +24.7% vs 2023
- Median grant
- $10,000
- Total assets
- $2,403,311
- +0.4% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Quetico Superior Foundation
Open Grants
1 open opportunity from Quetico Superior Foundation
Who Quetico Superior Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Minnesota Center for Environmental Advocacy ($30K). Together the top 7 received $101K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Quetico Superior Foundation gives
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $81K (2023) to $106K (2022). In 2024 it made 7 grants totaling $101K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota Center for Environmental Advocacy St. Paul, MN | Polymet Lawsuit Efforts | $30,000 |
| Northeastern Minnesotans for Wilderness ELY, MN | Sulfide Mining Contested Case Efforts | $30,000 |
| Waterlegacy St. Paul, MN | Sulfate Reduction/Impaired Waters Program | $20,000 |
| YMCA Camp Northern Lights Babbitt, MN | Community Lodge/Equity in Outdoor Spaces | $10,000 |
| Friends of the Boundary Waters Wilderness St. Paul, MN | No Boundaries Youth Program | $5,000 |
| Urban Boatbuilders St. Paul, MN | Youth Boatbuilding and Trip Program | $5,000 |
| Heart of the Continent Partnership Minneapolis, MN | Voluntary Dues | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,403,311 | $212,782 | $208,684 | $101,000 | 7 | $176,025 | $145,804 | $170,166 |
| 2023 | $2,393,757 | $242,402 | $181,614 | $81,000 | 7 | $152,425 | $167,110 | $151,785 |
| 2022 | $2,331,173 | $358,355 | $231,658 | $106,000 | 8 | $174,025 | $262,714 | $147,880 |
| 2021 | $2,190,627 | $252,013 | $168,870 | $86,000 | 5 | $151,025 | $191,803 | $153,882 |
| 2020 | $2,102,300 | $206,653 | $166,065 | $87,500 | 5 | — | $137,394 | $129,739 |
| 2019 | $2,058,419 | $182,240 | $163,308 | $95,000 | 4 | — | $94,438 | $129,770 |
Under IRS private-foundation payout rules, Quetico Superior Foundation reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Quetico Superior Foundation is led by James C. Wyman, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
James C. Wyman
President
On filings since 2019
1 hr/week
No compensation reported
Andrew Steiner
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Michael T. McCormick
Secretary
On filings since 2019
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Quetico Superior Foundation
How much does Quetico Superior Foundation give each year?
Quetico Superior Foundation gave $101K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $81K across 7 grants.
What is Quetico Superior Foundation's typical grant size?
Quetico Superior Foundation's median grant in 2024 was $10,000, and its average grant was $14,429, across 7 grants on its 2024 IRS Form 990-PF.
Where does Quetico Superior Foundation give grants?
Quetico Superior Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were St. Paul, MN (4 grants).
Does Quetico Superior Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Quetico Superior Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Quetico Superior Foundation's largest grantees?
Quetico Superior Foundation's largest 2024 grantees include Minnesota Center for Environmental Advocacy ($30,000), Northeastern Minnesotans for Wilderness ($30,000) and Waterlegacy ($20,000), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is Quetico Superior Foundation?
Quetico Superior Foundation reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $176K in qualifying distributions that year, against a required minimum of $170K (roughly 5% of its investment assets).
What is Quetico Superior Foundation's EIN?
Quetico Superior Foundation's EIN (Employer Identification Number) is 41-6020155. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS November 18, 2021)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 18, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2019–2024
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