RIDGEVIEW FOUNDATION IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT PARTNERS WITH RIDGEVIEW MEDICAL CENTER IN ITS MISSION TO MAKE A POSITIVE DIFFERENCE IN THE QUALITY OF LIFE AND HEALTH FOR THE PEOPLE OF OUR AREA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.7M
+9.9% YoY
Annual Giving
$2.5M
+1.7% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$849K
+1.7% YoY
About Ridgeview Foundation
Based on IRS filings
Ridgeview Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WACONIA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.7M in total assets. In 2024, it awarded 3 grants totaling $2.5M. Net investment income was $2.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,685,497 | $24,276,496 | $22,122,176 |
| Revenue | $7,080,951 | $4,132,970 | $2,158,199 |
| Expenses | $3,296,274 | $2,775,850 | $2,763,503 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,886,229 | $719,320 | $249,054 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ridgeview Medical Center ($2,496,743), Minnesota Valley Health Center ($42,031), Sibley Medical Center ($7,169).
| Recipient | Purpose | Amount |
|---|---|---|
| RIDGEVIEW MEDICAL CENTER WACONIA, MN | FUNDRAISING SUPPORT OF RIDGEVIEW MEDICAL CENTER | $2,496,743 |
| SIBLEY MEDICAL CENTER ARLINGTON, MN | FUNDRAISING SUPPORT OF SIBLEY MEDICAL CENTER | $7,169 |
| MINNESOTA VALLEY HEALTH CENTER LE SUEUR, MN | FUNDRAISING SUPPORT OF MINNESOTA VALLEY HEALTH CENTER | $42,031 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLA STRUBLE | CHAIR | 0.5 | — |
| JEN TREGARTHEN | VICE CHAIR | 0.5 | — |
| TROY WERK | SECRETARY | 0.5 | — |
| KEVIN KOEMPTGEN | BOARD MEMBER | 0.5 | — |
| JEAN MURRAY | BOARD MEMBER | 0.5 | — |
| TIM SAMUELSON | BOARD MEMBER | 0.5 | — |
| DAVID WINDSCHITL | BOARD MEMBER | 0.5 | — |
| MIKE BAUER | BOARD MEMBER | 0.5 | — |
| KATIE BARNES | BOARD MEMBER | 0.5 | — |
| DUSTIN BENZ | BOARD MEMBER | 0.5 | — |
| JON CROW | BOARD MEMBER | 0.5 | — |
| TIM FOSTER | BOARD MEMBER | 0.5 | — |
| JOHN HAYES | BOARD MEMBER | 0.5 | — |
| DR BRUCE HUBBARD | BOARD MEMBER | 0.5 | — |
| TIFFANY KOVALSKI | BOARD MEMBER | 0.5 | — |
| JESSICA MONARCH | BOARD MEMBER | 0.5 | — |
| ALLIE NEWMAN | BOARD MEMBER | 0.5 | — |
| STEPH PHILLIPS | BOARD MEMBER | 0.5 | — |
| HANS SIEFKER | BOARD MEMBER | 0.5 | — |
| DR MICHAEL SMITH | BOARD MEMBER | 0.5 | — |
| CHUCK SPEVACEK | BOARD MEMBER | 0.5 | — |
| DAVID STROHSACK | BOARD MEMBER | 0.5 | — |
| JOHN TAYLOR | BOARD MEMBER | 0.5 | — |
| MELISSA TIMM | BOARD MEMBER | 0.5 | — |
| NIKKI VANECEK | BOARD MEMBER | 0.5 | — |
| RUTH VORTHERMS | BOARD MEMBER | 0.5 | — |
| MICHAEL PHELPS | PRESIDENT/CEO | 0.5 | — |
| AARON BLOOMQUIST | CFO | 4 | — |
| KELLY MULLEADY | EXECUTIVE DIRECTOR | 47.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ridgeview Foundation?
Ridgeview Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WACONIA, MN. It holds $26.7M in total assets as of 2024.
How large is Ridgeview Foundation?
As of 2024, Ridgeview Foundation holds $26.7M in total assets with $7.1M in annual revenue. It awarded 3 grants totaling $2.5M in 2024.
Where does Ridgeview Foundation operate?
Ridgeview Foundation has awarded grants in Minnesota.
What size grants does Ridgeview Foundation award?
In 2024, Ridgeview Foundation awarded 3 grants totaling $2.5M — an average of about $849K per grant, based on its IRS Form 990 filings.
What is Ridgeview Foundation's EIN?
Ridgeview Foundation's EIN (Employer Identification Number) is 41-1328097. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ridgeview 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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