The Common Foundation
The Common Foundation is a private foundation, based in Wayzata, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.5M in total assets. In 2024, it awarded 1 grant totaling $263K. Net investment income was $431K.
The Common Foundation at a glance
In short: The Common Foundation gave $263K across 1 grant in 2024 (avg $263K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $262,500
- +845.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $262,500
- +845.1% vs 2023
- Median grant
- $262,500
- Total assets
- $9,495,608
- +1.8% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Common Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Available Upon Request ($263K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Common Foundation gives
- In 2024 it paid out 61% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $28K (2023) to $263K (2024). In 2024 it made 1 grant totaling $263K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Available Upon Request Addresses on File, MN | Unrestricted - Available Upon Request | $262,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $9,495,608 | $453,191 | $289,561 | $262,500 | 1 | $264,228 | $431,066 | $434,799 |
| 2023 | $9,331,978 | $335,030 | $49,058 | $27,775 | 1 | $27,775 | $324,425 | $413,250 |
| 2022 | $9,046,006 | $212,193 | $53,414 | $32,000 | 1 | $32,000 | $192,092 | $404,110 |
| 2021 | $8,887,227 | $162,957 | $12,830 | — | — | — | $150,127 | $413,180 |
| 2020 | $8,572,009 | $120,164 | $9,055 | — | — | — | $111,109 | $393,793 |
Under IRS private-foundation payout rules, The Common Foundation reported a distributable amount of $435K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Common Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charley Umbarger
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Julie Oswald
Director
On filings since 2020
1 hr/week
No compensation reported
Louis Umbarger
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Common Foundation
How much does The Common Foundation give each year?
The Common Foundation gave $263K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $28K across 1 grant.
How large is The Common Foundation?
The Common Foundation reported $9.5M in total assets on its 2024 IRS Form 990-PF. It paid out $264K in qualifying distributions that year, against a required minimum of $435K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Common Foundation operate?
The Common Foundation has awarded grants in Minnesota.
What is The Common Foundation's EIN?
The Common Foundation's EIN (Employer Identification Number) is 36-3486546. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Common Foundation's focus areas in our free grants database
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