Quigg Fund Inc

FARIBAULT, MN EIN: 35-6022680

Quigg Fund Inc is a private foundation based in Faribault, Minnesota, established in 1962. The organization operates as a 501(c)(3) tax-exempt entity and focuses on philanthropic grantmaking to support charitable causes across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-3.1% YoY

Annual Giving

$121K

+25.7% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$7K

+18.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Human services
  • Youth development
  • Youth services
  • Education
  • Philanthropy, voluntarism, and grantmaking

Grantmaking

The foundation appears to be open to new applicants, with approximately 12% of new applicants funded.

Grant Range

$52 to $2,584,306

Average Grant

$27

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives across multiple U.S. states and cities, including:

States: California, Illinois, Indiana, Kentucky, Minnesota

Cities: Bloomington, Chicago, Culver, Faribault, Indianapolis, Lexington, Los Angeles, Minneapolis, Richmond, and St. Paul

Grant Distribution by State

11states
+3 more states

Cities

AlbuquerqueAtlantaBloomingtonCentervilleChestnut HillChicagoCulverFaribaultFlorenceGolden ValleyIndianapolisLexingtonLos AngelesMiltonMinneapolisMishawakaRichmondSaint HelenaSaint PaulSalt Lake City

Financial History

Multi-year comparison from IRS filings

Assets & Revenue:

  • Total assets (2024): $2,167,334 (representing a 2.6% increase from the previous year)
  • Total assets (2024): $3,000,000 (per alternative source)
  • Total revenue (2024): $113,000
  • Total expenses (2024): $148,000
  • Total liabilities (2024): $0

Historical Financial Data:

  • Revenue (2023): $223,377
  • Expenses (2023): $112,836
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$751K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$2,099,867$2,167,334$2,045,283
Revenue$112,593$223,377$100,955
Expenses$148,110$112,836$141,475
Qualifying Distributions$120,541$95,880$93,722
Net Investment Income$98,641$210,819$72,114
Distributable Amount$148,576$143,521$140,492

Giving Over Time

Total grant dollars and number of grants per year

$0$646K$1M$2M$3M53 grants20201 grants202123 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CULVER ACADEMIES$21KBOYS & GIRLS CLUB$20KCOPE ENVIRONMENTAL CENTER$15KCOMMUNITIES IN SCHOOLS$12KRICHMOND ART MUSEUM$11KJWAS FOUNDATION$10KRICHMOND SYMPHONY ORCHES…$10KJUNIOR ACHIEVEMENT$5KA BETTER WAY SERVICES$3KCMN DANCE MARATHON$3K

Grant Size Distribution

107 grants across all recorded years

105<$50K1$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership team serves without compensation:

  • James R. Quigg III – Chair (20 hours per week)
  • Kelli Anderson Quigg – Vice Chair/Secretary (1 hour per week)
  • Suzanne Rae Quigg – Treasurer (1 hour per week)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES R QUIGG IIICHAIR20
KELLI ANDERSON QUIGGVICE CHAIR/SECRETARY1
SUZANNE RAE QUIGGTREASURER1

Recent News & Activity

Recent developments and announcements

The Maxine Quigg Women in Business Fund, associated with the foundation, has supported North Country professionals in New York seeking professional development and advancement. This fund has made multiple rounds of grants to women in business in the region.

Maxine Quigg Women in Business Fund Supports Five North Country Professionals

Contact Information

Address: 1114 Newhall Dr, Faribault, MN 55021-3225

Phone: 765-977-9379

Website: morethanabakery.com/quigg-fund

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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