Southpoint Financial Credit Union

SLEEPY EYE, MN EIN: 82-3572824

Southpoint Financial Credit Union is a private foundation focused on Arts, Culture & Humanities, based in SLEEPY EYE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 13 grants totaling $25K. Net investment income was $140.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$110K

+30.3% YoY

Annual Giving

$25K

-33.7% YoY

Grant Count

13

-18.8% YoY

Avg Grant Size

$2K

-18.4% YoY

About Southpoint Financial Credit Union

Based on IRS filings

Southpoint Financial Credit Union is a private foundation focused on Arts, Culture & Humanities, based in SLEEPY EYE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it awarded 13 grants totaling $25K. Net investment income was $140.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AmesArden HillsBismarckBostonBrookingsDuluthEau ClaireEsthervilleFargoFayetteGlencoeGrand ForksHutchinsonInver Grove HeightsKenoshaLacrosseMankatoMarshallMequonMinneapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$55K$73K20202021202220232024
Metric202420232022
Total Assets$110,473$84,790$79,230
Revenue$66,361$54,430$58,303
Expenses$40,678$48,870$40,880
Qualifying Distributions$40,678$48,423$40,486
Net Investment Income$140
Distributable Amount$5,654$4,765$4,175

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$19K$28K$37K15 grants202011 grants202115 grants202216 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST MARY'S CATHOLIC SCHOOL$10KJUNIOR ACHIEVEMENT$4K2024 GORDON OSMONSON SCH…$1KUNIVERSITY OF MN - OTTER…$1KMINNESOTA STATE UNIVERSI…$1KMINNESOTA STATE UNIVERSI…$1KMINNESOTA STATE UNIVERSI…$1KMINNESOTA STATE UNIVERSI…$1KSMSU BUSINESS SERVICES -…$1KUNIVERSITY OF MN - TWIN …$1K

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

From 2024 filing

NameTitleHoursCompensation
TROY DIEDRICHPRESIDENT1
KIM PETERSONDIRECTOR (APPOINTED 7/2024)1
JAY GOSTONCZIKDIRECTOR (RESIGNED 7/2024)1
SCOTT SURPRENANTTREASURER1
ROBERT WEISSSECRETARY1
ADAM SEIFERTVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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