Room & Board Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDEN VALLEY, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 4 grants totaling $150K. Net investment income was $81K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
-1.6% YoY
Annual Giving
$150K
-55.2% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$38K
-32.8% YoY
Under IRS private-foundation payout rules, Room & Board Foundation reported a distributable amount of $225K for 2024 — the minimum it must pay out in qualifying distributions.
About Room & Board Foundation
Based on IRS filings
Room & Board Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDEN VALLEY, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 4 grants totaling $150K. Net investment income was $81K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,487,216 | $4,558,405 | $4,839,631 |
| Revenue | $82,842 | $53,774 | $506,264 |
| Expenses | $154,031 | $335,000 | $68,379 |
| Qualifying Distributions | $152,145 | $335,000 | $66,850 |
| Net Investment Income | $80,957 | $53,774 | $4,760 |
| Distributable Amount | $225,273 | $237,763 | $227,739 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Raptor Center University of Minnesota ($50,000), The Nature Conservancy in Minnesota ($40,000), The Land Trust for Santa Barbara County ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE LAND TRUST FOR SANTA BARBARA COUNTY SANTA BARBARA, CA | UNRESTRICTED CHARITABLE GRANT | $30,000 |
| THE MINNESOTA LAND TRUST SAINT PAUL, MN | UNRESTRICTED CHARITABLE GRANT | $30,000 |
| THE NATURE CONSERVANCY IN MINNESOTA MINNEAPOLIS, MN | UNRESTRICTED CHARITABLE GRANT | $40,000 |
| THE RAPTOR CENTER UNIVERSITY OF MINNESOTA ST PAUL, MN | UNRESTRICTED CHARITABLE GRANT | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN GABBERT | PRESIDENT | — | — |
| MARTHA GABBERT | SECRETARY/TREASURER | — | — |
| ANN GABBERT | DIRECTOR | — | — |
| LAURA GABBERT | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Room & Board Foundation?
Room & Board Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDEN VALLEY, MN. It holds $4.5M in total assets as of 2024.
How large is Room & Board Foundation?
As of 2024, Room & Board Foundation holds $4.5M in total assets with $83K in annual revenue. It awarded 4 grants totaling $150K in 2024.
Where does Room & Board Foundation operate?
Room & Board Foundation has awarded grants in California, Massachusetts, Minnesota, New York, Virginia.
What size grants does Room & Board Foundation award?
In 2024, Room & Board Foundation awarded 4 grants totaling $150K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Room & Board Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Room & Board Foundation reported a distributable amount of $225K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Room & Board Foundation's EIN?
Room & Board Foundation's EIN (Employer Identification Number) is 81-0876152. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Room & Board 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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