The Calmenson Foundation

WAYZATA, MN EIN: 27-3647958

The Calmenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 1 grants totaling $437K. Net investment income was $479K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+0.7% YoY

Annual Giving

$437K

+17.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$437K

+17.9% YoY

Under IRS private-foundation payout rules, The Calmenson Foundation reported a distributable amount of $378K for 2024 — the minimum it must pay out in qualifying distributions.

About The Calmenson 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 $2.0M (100%)

States

Minnesota

Cities

Addresses On File

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,841,348	$6,791,314	$7,164,185
Revenue	$535,256	$36,692	$59,947
Expenses	$494,883	$419,912	$460,420
Qualifying Distributions	$438,900	$370,655	$376,550
Net Investment Income	$479,273	$129,648	$79,378
Distributable Amount	$378,143	$358,778	$369,161

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Statement a ($437,000).

Recipient	Purpose	Amount
SEE STATEMENT A ADDRESSES ON FILE, MN	UNRESTRICTED - SEE DETAIL IN STATEMENT A	$437,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SUSAN CALMENSON	SECRETARY/DIRECTOR	2	—
HOWARD J RUBIN	DIRECTOR	1	—
VINCE LEO	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Calmenson Foundation?

The Calmenson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYZATA, MN. It holds $6.8M in total assets as of 2024.

How large is The Calmenson Foundation?

As of 2024, The Calmenson Foundation holds $6.8M in total assets with $535K in annual revenue. It awarded 1 grants totaling $437K in 2024.

Where does The Calmenson Foundation operate?

The Calmenson Foundation has awarded grants in Minnesota.

What size grants does The Calmenson Foundation award?

In 2024, The Calmenson Foundation awarded 1 grants totaling $437K — an average of about $437K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Calmenson Foundation reported a distributable amount of $378K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.