Saint Paul & Minnesota Foundation logo

Saint Paul & Minnesota Foundation

ST PAUL, MN EIN: 41-6031510 Website

The Saint Paul & Minnesota Foundation is Minnesota's largest statewide community foundation, founded in 1940. Based in Saint Paul, the organization partners with donors, nonprofit organizations, professional advisors, and community leaders to advance philanthropic goals across Minnesota. The Foundation operates as a 501(c)(3) public charity and manages charitable assets on behalf of thousands of donors and nonprofit funds.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6B

+4.3% YoY

Annual Giving

$192.6M

+98.1% YoY

Grant Count

1,445

+6.5% YoY

Avg Grant Size

$133K

+86.0% YoY

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

Mission & Focus Areas

The Foundation's mission centers on creating "an equitable, just and vibrant Minnesota where all communities and people thrive." The organization is guided by three strategic goals: inspiring generosity, advocating for equity, and investing in community-led solutions.

Primary funding areas include:

  • Community connectedness
  • Economic opportunity and security
  • Education
  • Health
  • Housing and transportation
  • Human services and family support

The Foundation is a signatory to Philanthropy's Promise, committing to allocate the majority of its grantmaking dollars to marginalized communities and at least 25 percent to social justice strategies, including advocacy, community organizing, and civic engagement.

Grantmaking

The Foundation facilitates more than 9,000 grants annually to the nonprofit community, with 2023 grantmaking totaling $106 million to 3,253 organizations.

Review Cycle

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How to Apply

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Geographic Focus

Where this funder awards grants

The Foundation serves Minnesota statewide, with particular emphasis on the East Metro area (Dakota, Ramsey, and Washington counties). The organization also supports communities in Florida and California.

Grant Distribution by State

47states
+39 more states

Cities

ACCORDAFTONAJOAKELEYAKRONALBANYALBERT LEAALBUQUERQUEALDENALEXANDRIAALHAMBRAALOHAAMENIAAMESAMHERSTANCHORAGEANDOVERANN ARBORANNANDALEANOKA

Financial History

Multi-year comparison from IRS filings

Assets & Revenue:

  • Total charitable assets managed: $1.9 billion
  • Total assets: $1.62 billion (2024)
  • Total revenues: $161 million (2024)
  • Total expenses: $219 million (2024)
  • Annual giving: $106 million (2023)
  • Total liabilities: $89.2 million (2024)

Staffing:

  • Approximately 65-84 employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$128M$257M$385M$513M201920202021202220232024
Metric202420232022
Total Assets$1,620,727,942$1,554,597,163$1,457,121,171
Revenue$160,961,315$114,417,024$122,971,818
Expenses$218,703,729$126,875,839$112,915,952
Qualifying Distributions
Net Investment Income$91,811,966$45,391,496$50,451,562
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$48M$96M$144M$193M0 grants20190 grants20201,258 grants20211,277 grants20221,357 grants20231,445 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ALLINA HEALTH FOUNDATION$5.3MAMERICAN ENDOWMENT FOUND…$2.1MALLINA HEALTH SYSTEM$318KALBERT LEA PUBLIC EDUCAT…$187KAGATE HOUSING AND SERVIC…$160KAFRICAN ECONOMIC DEVELOP…$148KAIN DAH YUNG OUR HOME CE…$147KALIVENESS PROJECT INC$123KALS THERAPY DEVELOPMENT …$93K180 DEGREES INC$91K

Grant Size Distribution

200 grants across all recorded years

143<$50K22$50–100K23$100–250K8$250–500K1$500K–1M2$1–5M1$5M+

Open Grants

13 open opportunities from Saint Paul & Minnesota Foundation

Show all 13 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ERIC JOLLYPRESIDENT/CEO/SECRETARY$603KSHANNON OLEARYCHIEF INVESTMENT OFFICER$550KASHLEY GAMDIRECTOR OF INVESTMENTS$338KJEREMY WELLSSVP PHIL SERVICES$286KSCOTT ZASTOUPILCFO/TREASURER$278KMELANIE HOFFERTCHIEF MARKETING OFFICER$235KCARRIE JO SHORTDIR OF COMMUNITY & IMPACT IN…$207KRHONDA COXVP OF PEOPLE AND CULTURE$206KCASEY SHULTZDIR OF COMMUNITY & IMPACT IN…$197KALFONSO WENKERSVP OF COMMUNITY IMPACT$195KMAI-ANH TRANAVP OF PHIL SERVICES$177KVICKIE VIAENEAVP OF FINANCE$172K

From 2024 filing

NameTitleHoursCompensation
DIANE TRANCHAIR1
JOSEPH LEEVICE CHAIR1
MICHAEL ECHOLSDIRECTOR1
JILL FARRINGTONDIRECTOR1
CHRIS GALVINDIRECTOR1
JACY GRAISDIRECTOR1
MARK HENNEMANDIRECTOR1
NAUSHEENA HUSSAINDIRECTOR1
CHRISTOPHE BECKDIRECTOR1
DANIEL LEMMDIRECTOR1
NANCY LYONSDIRECTOR1
MATT MAJKADIRECTOR1
MARY JANE MELENDEZDIRECTOR1
GLORIA PEREZDIRECTOR1
MIGUEL RAMOSDIRECTOR1
RICHARD SENESEDIRECTOR1
ALEX WEST STEINMANDIRECTOR1
TAREK TOMESDIRECTOR1
KATHY TUNHEIMDIRECTOR1
BO THAO-URABEDIRECTOR1
ERIC JOLLYPRESIDENT/CEO/SECRETARY40$602,528
SCOTT ZASTOUPILCFO/TREASURER40$277,724
RHONDA COXVP OF PEOPLE AND CULTURE40$206,089
MELANIE HOFFERTCHIEF MARKETING OFFICER40$235,015
SHANNON OLEARYCHIEF INVESTMENT OFFICER40$550,411
JEREMY WELLSSVP PHIL SERVICES40$286,370
ALFONSO WENKERSVP OF COMMUNITY IMPACT40$194,929
ASHLEY GAMDIRECTOR OF INVESTMENTS40$337,953
CARRIE JO SHORTDIR OF COMMUNITY & IMPACT INVESTING40$206,699
CASEY SHULTZDIR OF COMMUNITY & IMPACT INVESTING40$196,738
MAI-ANH TRANAVP OF PHIL SERVICES40$177,019
VICKIE VIAENEAVP OF FINANCE40$172,186

Contact Information

Address: 370 Wabasha Street North, Suite 300, Saint Paul, MN 55102

Phone: 651.224.5463 or 800.875.6167

Fax: 651.224.8123

Email: grantsadmin@spmcf.org (for grants-related inquiries)

Website: spmcf.org

Subject Areas

Focus areas based on grantmaking activity

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

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