The Bumgarner Family Foundation

MINNEAPOLIS, MN EIN: 74-3035482

The Bumgarner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $97K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

+45.1% YoY

Annual Giving

$100K

+11.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$100K

+11.1% YoY

Under IRS private-foundation payout rules, The Bumgarner Family Foundation reported a distributable amount of $140K for 2024 — the minimum it must pay out in qualifying distributions.

About The Bumgarner Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $445K (100%)

States

Minnesota

Cities

BloomingtonGrand RapidsMinneapolisRichfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,118,042	$2,149,218	$1,834,328
Revenue	$117,208	$73,095	$38,294
Expenses	$119,956	$99,793	$102,986
Qualifying Distributions	$100,000	$90,000	$85,000
Net Investment Income	$97,252	$66,152	$26,422
Distributable Amount	$139,654	$98,938	$96,643

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Minneapolis Foundation ($100,000).

Recipient	Purpose	Amount
MINNEAPOLIS FOUNDATION MINNEAPOLIS, MN	B THE CHANGE	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN T BUMGARNER	PRESIDENT	—	—
TERRY L BUMGARNER	SECRETARY	—	—
CARRIE L BUMGARNER MCLEOD	DIRECTOR	—	—
MARIESA RYAN	DIRECTOR	—	—
JOHN L NELSON	ASSISTANT TR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Bumgarner Family Foundation?

The Bumgarner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $3.1M in total assets as of 2024.

How large is The Bumgarner Family Foundation?

As of 2024, The Bumgarner Family Foundation holds $3.1M in total assets with $117K in annual revenue. It awarded 1 grants totaling $100K in 2024.

Where does The Bumgarner Family Foundation operate?

The Bumgarner Family Foundation has awarded grants in Minnesota.

What size grants does The Bumgarner Family Foundation award?

In 2024, The Bumgarner Family Foundation awarded 1 grants totaling $100K — an average of about $100K per grant, based on its IRS Form 990 filings.

How much is The Bumgarner Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bumgarner Family Foundation reported a distributable amount of $140K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Bumgarner Family Foundation's EIN?

The Bumgarner Family Foundation's EIN (Employer Identification Number) is 74-3035482. IRS Form 990 filing data is available on this page for 2020–2024.