Security State Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HIBBING, MN. IRS filing data is available from 2018 through 2024. In 2024, it awarded 15 grants totaling $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$14K
-2.1% YoY
Grant Count
15
-16.7% YoY
Avg Grant Size
$933.333
+17.5% YoY
About Security State Bank Foundation
Based on IRS filings
Security State Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HIBBING, MN. IRS filing data is available from 2018 through 2024. In 2024, it awarded 15 grants totaling $14K.
Focus Areas
Ready to take the next step with Security State Bank Foundation?
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 | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way NE MN ($2,000), Angel Fund ($1,000), Fairview Range - Hearts for Hospice ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Angel Fund Hibbing, MN | Rock for an Angel Bonspiel | $1,000 |
| Fairview Range - Hearts for Hospice Hibbing, MN | General support | $1,000 |
| Hibbing Farmers Market Hibbing, MN | Canopy tents | $500 |
| Katherine Towe and College of St Sc Hibbing, MN | Scholarship | $1,000 |
| Lincoln Parent Teacher Org Hibbing, MN | LES Playground | $1,000 |
| Boys and Girls Club of Hibbing Hibbing, MN | General support | $1,000 |
| Hibbing Little League Hibbing, MN | Uniforms and safety equip | $1,000 |
| Hibbing Band Parents Org Hibbing, MN | Uniforms and instruments | $1,000 |
| Pregnancy Lifecare Center Hibbing, MN | General support | $500 |
| Ironworld Development Corp Chisholm, MN | Hill Annex Paleo project | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Karlee Persons | President | 1.2 | — |
| Kim Thomas | Treasurer | 0.4 | — |
| Mark Gardeski | Director | 0.2 | — |
| EJ Hanson | Director | 0.2 | — |
| Greg Hoag | Director | 0.2 | — |
| Spencer Aune | Director | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Security State Bank Foundation?
Security State Bank Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in HIBBING, MN. It holds — in total assets as of 2024.
Where does Security State Bank Foundation operate?
Security State Bank Foundation has awarded grants in Colorado, Illinois, Minnesota.
What size grants does Security State Bank Foundation award?
In 2024, Security State Bank Foundation awarded 15 grants totaling $14K — an average of about $933.333 per grant, based on its IRS Form 990 filings.
What is Security State Bank Foundation's EIN?
Security State Bank Foundation's EIN (Employer Identification Number) is 41-1830282. IRS Form 990 filing data is available on this page for 2018–2024.
Explore Open Grants
Browse active grant opportunities in Security State Bank Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
Litchfield Student Anglers Club
LITCHFIELD, MN
Assets
$738
Grants
0
Total Given
—
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Security State Bank Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Security State Bank Foundation to a real strategy.