Rethink the Win
Rethink the Win is a private foundation focused on Youth Development, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. In 2024, it made $992 in qualifying distributions.
Rethink the Win at a glance
- Revenue (2024)
- $692
- -24.7% vs 2023
- Qualifying distributions (2024)
- $992
- -24.2% vs 2023
- Expenses (2024)
- $992
- -24.2% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Rethink the Win funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Rethink the Win gives
- In 2024 it paid out well above 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 2021 to 2023, annual grant giving ranged from $350 (2023) to $2K (2021). In 2023 it made 1 grant totaling $350.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minneapolis South High School Minneapolis, MN | To Provide Assistance to Further Program Mission | $350 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | — | $692 | $992 | — | — | $992 | $15 |
| 2023 | $300 | $919 | $1,309 | $350 | 1 | $1,309 | $28 |
| 2022 | $690 | — | $1,875 | $1,050 | 2 | $1,875 | $100 |
| 2021 | $2,565 | — | $2,173 | $2,000 | 1 | $2,173 | $229 |
| 2020 | $4,738 | $150 | — | — | — | — | $232 |
Under IRS private-foundation payout rules, Rethink the Win reported a distributable amount of $15 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Rethink the Win is led by Lea Olsen, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lea Olsen
President
On filings since 2020
2 hrs/week
No compensation reported
Daniel Bergin
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Lenore Millibergity
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Linda Tillitt
Director
On filings since 2020
0.3 hrs/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 Rethink the Win
What is Rethink the Win?
Rethink the Win is a private foundation focused on Youth Development, based in Minneapolis, MN.
Where does Rethink the Win operate?
Rethink the Win has awarded grants in Minnesota.
How much is Rethink the Win required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rethink the Win reported a distributable amount of $15 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rethink the Win's EIN?
Rethink the Win's EIN (Employer Identification Number) is 84-3242332. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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