Team Foundation
TEAM Foundation is a private foundation based in Bagley, Minnesota, established in 2003 to enhance quality of life through charitable funding in rural Minnesota. It supports education, healthcare, and community needs, with a stated emphasis on communities surrounding TEAM Industries plants.
Team Foundation at a glance
In short: Team Foundation gave $156K across 21 grants in 2025 (avg $7K), top state Minnesota. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $155,895
- -59.6% vs 2024
- Grants made (2025)
- 21
- -47.5% vs 2024
- Average grant
- $7,424
- -23.0% vs 2024
- Median grant
- $5,000
- Total assets
- $359,751
- -1.4% vs 2024
- New grantees (estimate)
- 29% first-time grantees (6 of 21, 2025; small sample)
- Primary geography
- Minnesota (48% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Team Foundation
- How to Apply
-
The foundation’s website offers an online application or a downloadable application. Its 2025 filing lists Tricia Bracas as the contact for applications and says applicants should provide an application form with the organization’s identifying and contact details, a brief request summary, the amount requested and date needed, and the proposed use of funds. Before completing the form, applicants must submit a narrative describing the organization’s history, mission, programs, population and geography served, grant objective, and funding strategies and status. Listed attachments include the most recent financial statement and project budget. The website says applicants must be a 501(c)(3) nonprofit or school, serve rural Minnesotans, and address eligible education, healthcare, human services, or community needs. The filing states that grant recipients must be 501(c)(3) nonprofits or government entities.
- Review Cycle
- None stated on the 2025 filing.
- Deadline
- None stated on the 2025 filing.
- Contact
Application contact: Tricia Bracas
Mailing address: 105 Park Avenue Nw, Bagley, MN 56621-9558
Phone: (218) 694-4219
Email: triciayoung@team-ind.com
Website: https://team-foundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Team Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Sanford Health ($53K). Together the top 10 received $126K.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was under $50K: 150 grants of 162 (93%).
Geographic Focus
Where this funder awards grants
TEAM Foundation’s website describes its charitable funding as focused on rural Minnesota and says preference is given to rural areas surrounding TEAM Industries facilities. In 2025, grant dollars were reported as going to recipients in Minnesota (48%), South Dakota (34%), North Dakota (16%), Indiana (2%), and Missouri (1%). These shares total 101%, reflecting the figures as reported.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
Cities
Is Team Foundation open to new grantees?
29%
first-time grantees, 2025
In 2025, 6 of 21 grantees (29%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $4K; repeat grants $9K. How we count
Medians: $3K first-time, $5K repeat.
- 67% of 2025 grantees were also funded in 2024. Method
- Giving fell 72% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $156K (2025) to $649K (2023). In 2025 it made 21 grants totaling $156K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sanford Health Sioux Falls, SD | Hospital Support | $52,500 |
| Hospice of Red River Valley Fargo, ND | Program Support | $25,000 |
| Gonvick Fire Department Gonvick, MN | Program Support | $10,000 |
| Detroit Lakes High School Detroit Lakes, MN | Program Support - Robotics | $8,000 |
| Lake Park Audubon Schools Lake Park, MN | Program Support | $5,895 |
| Audubon Fire Department Audubon, MN | Program Support - New Fire Engine | $5,000 |
| Bemidji Vex Robotics Bemidji, MN | Program Support - Robotics | $5,000 |
| City of Lake Park Lake Park, MN | Program Support - Meals on Wheels | $5,000 |
| Clearbrook Gonvick School Clearbrook, MN | Program Support | $5,000 |
| Lake Park Audubon Ecfe Lake Park, MN | Program Support | $5,000 |
Ready to take the next step with Team Foundation?
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 | $359,751 | $227,920 | $227,957 | $155,895 | 21 | $227,835 | $4,194 | $18,971 |
| 2024 | $364,790 | $549,727 | $487,638 | $385,580 | 40 | $487,599 | $6,992 | $19,158 |
| 2023 | $297,699 | $715,862 | $763,035 | $649,032 | 40 | $763,018 | $1,000 | $21,959 |
| 2022 | $344,872 | $324,028 | $621,214 | $550,624 | 41 | $621,171 | $1,195 | $28,296 |
| 2021 | $642,058 | $540,689 | $601,684 | $528,581 | 20 | $601,666 | $1,277 | $32,559 |
| 2020 | $703,053 | $438,016 | $263,192 | $258,962 | 17 | — | $1,266 | $30,077 |
Under IRS private-foundation payout rules, Team Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to enhance quality of life through charitable funding within rural Minnesota by promoting education, healthcare, and community.
Its website identifies education grants for areas such as robotics teams, school technology, early childhood programs, and STEM programs. Healthcare examples include hospice, medical technology, children’s hospital support, and local clinic support. The website also describes support for community needs.
Among the organizations it supported in 2025 was Clear Waters Life Center, which received $2,500. The grantee describes its mission as “a faith-based community of people providing a place to impart hope and enrich the lives of individuals and families.”
Grantmaking
In 2025, TEAM Foundation reported 21 grants totaling $155,895. Grants ranged from $1,000 to $52,500, with a median of $5,000. Notable awards included $52,500 to Sanford Health in Sioux Falls, South Dakota, for hospital support; $25,000 to Hospice of the Red River Valley in Fargo, North Dakota, for program support; and $10,000 to Gonvick Fire Department in Minnesota for program support. Other listed awards included $8,000 to Detroit Lakes High School for robotics and $5,000 to Bemidji VEX Robotics for robotics.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists the following officers and directors:
- Tricia Bracas — Chair
- Jerusa Ricke-Frederick — Vice Chair
- Chad Armstrong — Treasurer
- Chandra Braaten — Secretary
- Tamara Harstad — Director
Team Foundation is led by Tricia Bracas, Chair since 2025 (on filings since 2024); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tricia Bracas
Chair
Vice Chair → Chair, 2025
On filings since 2024
2.5 hrs/week
No compensation reported
Tamara Harstad
Director
New on the 2025 filing
1.3 hrs/week
No compensation reported
Chad Armstrong
Treasurer
Board Member → Treasurer, 2024
On filings since 2023
2.5 hrs/week
No compensation reported
Chandra Braaten
Secretary
Board Member → Secretary, 2024
On filings since 2023
3.8 hrs/week
No compensation reported
Jerusa Ricke-Frederick
Vice Chair
Board Member → Vice Chair, 2025
On filings since 2024
3.8 hrs/week
No compensation reported
Former officers (10)
- Former: Debra Matthews (2020–2024) — Executive Board C
- Former: Sara Gordon (2020–2024) — Board Member
- Former: Andrew Browen (2024) — Board Member
- Former: Joshua Burley (2024) — Board Member
- Former: Andy Browen (2020–2023) — Board Member
- Former: Jerusa Frederick (2020–2023) — Secretary
- Former: Nan Vobr (2020–2023) — Board Member
- Former: Steve Kast (2020–2023) — Vice President
- Former: Tricia Young (2020–2023) — President
- Former: Josh Burley (2023) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Team Foundation
How much does Team Foundation give each year?
Team Foundation gave $156K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $386K across 40 grants.
What is Team Foundation's typical grant size?
Team Foundation's median grant in 2025 was $5,000, and its average grant was $7,424, across 21 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Team Foundation that year got $4K on average.
Where does Team Foundation give grants?
Team Foundation's top state is Minnesota, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were South Dakota (34%) and North Dakota (16%). The most frequent recipient cities were Lake Park, MN (4 grants) and Clearbrook, MN (2 grants).
Does Team Foundation give general operating support?
Not in 2025: none of the 21 grants with a stated purpose on Team Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (13 grants) and "Program Support - Robotics" (5 grants).
Who are Team Foundation's largest grantees?
Team Foundation's largest 2025 grantees include Sanford Health ($52,500), Hospice of Red River Valley ($25,000) and Gonvick Fire Department ($10,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.
How large is Team Foundation?
Team Foundation reported $360K in total assets on its 2025 IRS Form 990-PF. It paid out $228K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).
What does Team Foundation fund?
The foundation’s mission is to enhance quality of life through charitable funding within rural Minnesota by promoting education, healthcare, and community. See mission & focus areas ↑
How do I apply for a grant from Team Foundation?
The foundation’s website offers an online application or a downloadable application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Team Foundation's EIN?
Team Foundation's EIN (Employer Identification Number) is 06-1696861. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Team Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Team Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/team-foundation-morg_e3676dc640344a7d9fe1c92476620e50
BibTeX
@misc{grantable_061696861_2026,
author = {{Grantable}},
title = {{Team Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/team-foundation-morg_e3676dc640344a7d9fe1c92476620e50},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Team Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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