Ridgeview Foundation
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.
Ridgeview Foundation at a glance
In short: Ridgeview Foundation gave $2.5M across 3 grants in 2024 (avg $849K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,545,943
- +1.7% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $848,648
- +1.7% vs 2023
- Median grant
- $42,031
- Total assets
- $26,685,497
- +9.9% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Ridgeview Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Ridgeview Medical Center ($2.5M). Together the top 3 received $2.5M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 5 grants of 13 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Ridgeview Foundation gives
- Giving grew 44% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $2.5M (2024). In 2024 it made 3 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ridgeview Medical Center Waconia, MN | Fundraising Support of Ridgeview Medical Center | $2,496,743 |
| Minnesota Valley Health Center Le Sueur, MN | Fundraising Support of Minnesota Valley Health Center | $42,031 |
| Sibley Medical Center Arlington, MN | Fundraising Support of Sibley Medical Center | $7,169 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $26,685,497 | $7,080,951 | $3,296,274 | $2,545,943 | 3 | $2,886,229 |
| 2023 | $24,276,496 | $4,132,970 | $2,775,850 | $2,503,837 | 3 | $719,320 |
| 2022 | $22,122,176 | $2,158,199 | $2,763,503 | $2,371,000 | 3 | $249,054 |
| 2021 | $25,209,433 | $4,458,524 | $2,085,409 | $1,770,226 | 3 | $1,400,058 |
| 2020 | $22,460,416 | $3,601,152 | $1,911,646 | $1,383,257 | 1 | $435,161 |
About Ridgeview Foundation
Based on IRS filings
Ridgeview Foundation is a public charity, 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
Leadership & Key People
Officers and directors from IRS filings
Ridgeview Foundation is led by Michael Phelps, President & CEO on every filing since 2020; none of the 29 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Phelps
President & CEO
On filings since 2020
0.5 hrs/week
No compensation reported
Kelly Mulleady
Executive Director
On filings since 2023
47.5 hrs/week
No compensation reported
Carla Struble
Chair
Board Member → Board Member & Chair, 2022
Board Member & Chair → Chair, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Aaron Bloomquist
CFO
On filings since 2020
4 hrs/week
No compensation reported
Bruce Hubbard
Board Member
Board Memeber → Board Member, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Chuck Spevacek
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
David Windschitl
Board Member
Board Member → Board Memeber, 2021
Board Memeber → Board Member, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
John Hayes
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Jon Crow
Board Member
Chairperson → Chair & Board Member, 2022
Chair & Board Member → Board Member, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Kevin Koemptgen
Board Member
Board Member → Finance Chair, 2023
Finance Chair → Board Member, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Mike Bauer
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Nikki Vanecek
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Tim Foster
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Tim Samuelson
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Troy Werk
Secretary
Board Member → Board Member & Secretary, 2022
Board Member & Secretary → Secretary, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Hans Siefker
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Jean Murray
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Jessica Monarch
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Michael Smith
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Allie Newman
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
John Taylor
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Melissa Timm
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Ruth Vortherms
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
David Strohsack
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Dustin Benz
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Jen Tregarthen
Vice Chair
New on the 2024 filing
0.5 hrs/week
No compensation reported
Katie Barnes
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Steph Phillips
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Tiffany Kovalski
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (22)
- Former: Brian Beniek (2020–2023) — Board Member
- Former: Jennifer Tregarthen (2020–2023) — Vice Chair
- Former: Kathryn Barnes (2020–2023) — Board Member
- Former: Tim Schmidt (2020–2023) — Board Member
- Former: Ryan Johnson (2021–2023) — Board Member
- Former: Brett Colbjornsen (2020–2022) — Board Member
- Former: Darla Holmgren (2020–2022) — Board Member
- Former: Douglas Stasek (2020–2022) — Executive Director
- Former: Lindsey Thompson (2020–2022) — Board Member
- Former: Mark Steingas (2020–2022) — Board Member
- Former: Steve Yetzer (2020–2022) — Board Member
- Former: Scott Manion (2021–2022) — Board Member
- Former: Jean Buller (2020–2021) — Board Member
- Former: Mark Undestad (2020–2021) — Board Member
- Former: Michael Drazan (2021) — Board Member
- Former: Fred Green (2020) — Chairperson
- Former: Gordon Gablenz (2020) — CIO & Treasurer
- Former: Jeff Wigen (2020) — Board Member
- Former: Lorene Rutherford MD (2020) — Board Member
- Former: Mike Drazan (2020) — Board Member
- Former: Rochelle Lindberg (2020) — Board Member
- Former: Susan Miller (2020) — Board Member
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 Ridgeview Foundation
How much does Ridgeview Foundation give each year?
Ridgeview Foundation gave $2.5M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.5M across 3 grants.
What is Ridgeview Foundation's typical grant size?
Ridgeview Foundation's median grant in 2024 was $42,031, and its average grant was $848,648, across 3 grants on its 2024 IRS Form 990.
Where does Ridgeview Foundation give grants?
Ridgeview Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Ridgeview Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Ridgeview Foundation's 2024 IRS Form 990 were described as general or operating support.
How large is Ridgeview Foundation?
Ridgeview Foundation reported $26.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.1M.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Ridgeview Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ridgeview Foundation's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ridgeview 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.
Ridgeview Foundation down — hundreds of funders to go?