Securian Financial Foundation
Securian Financial Foundation is a private foundation focused on Economically disadvantaged people, based in Saint Paul, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $113.6M in total assets. In 2025, it awarded 1 grant totaling $4.4M. Net investment income was $19.7M.
Securian Financial Foundation at a glance
In short: Securian Financial Foundation gave $4.4M across 1 grant in 2025 (avg $4.4M), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,428,728
- -1.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $4,428,728
- -1.1% vs 2024
- Median grant
- $4,428,728
- Total assets
- $113,633,597
- +31.7% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Securian Financial Foundation
Open Grants
1 open opportunity from Securian Financial Foundation
Who Securian Financial Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Securian Financial Foundation gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 106% of 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 2019 to 2025, annual grant giving ranged from $2.5M (2019) to $4.5M (2023). In 2025 it made 1 grant totaling $4.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached St. Paul, MN | See Attached | $4,428,728 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $113,633,597 | $22,978,044 | $5,005,431 | $4,428,728 | 1 | $4,736,983 | $19,730,405 | $4,461,511 |
| 2024 | $86,271,215 | $7,534,718 | $4,793,098 | $4,476,942 | 1 | $4,742,038 | $7,099,466 | $4,011,478 |
| 2023 | $77,197,726 | $9,135,963 | $4,873,242 | $4,508,982 | 1 | $4,709,312 | $8,426,872 | $3,398,190 |
| 2022 | $66,064,956 | $7,483,847 | $4,778,438 | $4,389,236 | 1 | $4,679,079 | $5,903,907 | $3,254,400 |
| 2021 | $77,919,548 | $8,205,609 | $4,768,405 | $4,386,259 | 1 | $4,634,734 | $8,157,610 | $3,502,131 |
| 2020 | $67,550,400 | $6,944,488 | $3,909,668 | $3,637,488 | 1 | — | $6,344,034 | $2,884,959 |
| 2019 | $59,625,971 | $2,694,182 | $2,798,272 | $2,519,874 | 1 | — | $2,691,531 | $2,773,637 |
Under IRS private-foundation payout rules, Securian Financial Foundation reported a distributable amount of $4.5M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Securian Financial Foundation is led by Chris Hilger, President on every filing since 2019; 2 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Chris Hilger
President
On filings since 2019
No compensation reported
Tariq Malik
Director
On filings since 2023
14 hrs/week
$63K (2023) → $73K (2025)
Robert Ehren
Director
On filings since 2019
No compensation reported
Renee Montz
Director
On filings since 2022
No compensation reported
Kathleen Mayer
Associate Director
On filings since 2023
20 hrs/week
$70K (2024) → $67K (2025)
James Fuller
Secretary
On filings since 2019
No compensation reported
Kristi Fox
Vice President
Director → Vice President, 2021
On filings since 2019
No compensation reported
Peter Berlute
Treasurer
New on the 2025 filing
No compensation reported
Former officers (6)
- Former: Warren Zaccaro (2019–2024) — Treasurer
- Former: Nicole Hansen (2019–2022) — Executive Director
- Former: Gary Christensen (2019–2021) — Director
- Former: Kristi Nelson (2019–2020) — Vice President
- Former: Kathleen Pinkett (2019) — Vice President
- Former: Lori Koutsky (2019) — Manager
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $73K, to Tariq Malik (Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Securian Financial Foundation
How much does Securian Financial Foundation give each year?
Securian Financial Foundation gave $4.4M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.5M across 1 grant.
How large is Securian Financial Foundation?
Securian Financial Foundation reported $113.6M in total assets on its 2025 IRS Form 990-PF. It paid out $4.7M in qualifying distributions that year, against a required minimum of $4.5M (roughly 5% of its investment assets).
What is Securian Financial Foundation?
Securian Financial Foundation is a private foundation focused on Economically disadvantaged people, based in Saint Paul, MN. It holds $113.6M in total assets as of 2025.
Where does Securian Financial Foundation operate?
Securian Financial Foundation has awarded grants in Minnesota.
What is Securian Financial Foundation's EIN?
Securian Financial Foundation's EIN (Employer Identification Number) is 36-3608619. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Securian Financial Foundation's focus areas in our free grants database
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Securian Financial Foundation down — hundreds of funders to go?