Spiritwood Foundation is a private foundation focused on Medical Research, based in ELY, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it made $12K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28K
-14.6% YoY
Revenue
$44K
-8.7% YoY
Qualifying Distributions
$12K
-73.0% YoY
Expenses
$45K
-13.8% YoY
Under IRS private-foundation payout rules, Spiritwood Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Spiritwood Foundation
Based on IRS filings
Spiritwood Foundation is a private foundation focused on Medical Research, based in ELY, MN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it made $12K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,270 | $33,104 | $13,297 |
| Revenue | $43,593 | $47,738 | $43,647 |
| Expenses | $45,416 | $52,670 | $30,350 |
| Qualifying Distributions | $11,742 | $43,493 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,630 | $673 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLISON ARVER | CFO | — | — |
| DONNA MICHAELS-SURFACE | DIRECTOR | 40 | $12,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spiritwood Foundation?
Spiritwood Foundation is a private foundation focused on Medical Research, based in ELY, MN. It holds $28K in total assets as of 2024.
How large is Spiritwood Foundation?
As of 2024, Spiritwood Foundation holds $28K in total assets with $44K in annual revenue.
How much is Spiritwood Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spiritwood Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spiritwood Foundation's EIN?
Spiritwood Foundation's EIN (Employer Identification Number) is 20-3170734. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.