The Earl & Doris Bakken Foundation
The Earl & Doris Bakken Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST LOUIS PARK, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 8 grants totaling $250K. Net investment income was $183K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
-1.7% YoY
Annual Giving
$250K
-0.2% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$31K
-0.2% YoY
Under IRS private-foundation payout rules, The Earl & Doris Bakken Foundation reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.
About The Earl & Doris Bakken Foundation
Based on IRS filings
The Earl & Doris Bakken Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST LOUIS PARK, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 8 grants totaling $250K. Net investment income was $183K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,928,718 | $5,014,018 | $5,108,461 |
| Revenue | $210,285 | $186,777 | $-63,783 |
| Expenses | $295,585 | $281,220 | $471,204 |
| Qualifying Distributions | $268,637 | $276,886 | $436,730 |
| Net Investment Income | $183,337 | $182,443 | $76,132 |
| Distributable Amount | $260,598 | $238,404 | $264,301 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Bakken Museum ($58,750), Earl E Bakken Center for Spirituality & Healing ($40,000), Hui Aloha Kiholo ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EARL E BAKKEN CENTER FOR SPIRITUALITY & HEALING MINNEAPOLIS, MN | GENERAL OPERATING | $40,000 |
| FRIENDS OF THE FUTURE KAMUELA, HI | GENERAL OPERATING | $30,000 |
| HUI ALOHA KIHOLO KAMUELA, HI | GENERAL OPERATING | $35,000 |
| NORTH HAWAII COMMUNITY HOSPITAL KAMUELA, HI | GENERAL OPERATING | $30,000 |
| NORWAY HOUSE MINNEAPOLIS, MN | GENERAL OPERATING | $5,000 |
| THE BAKKEN MUSEUM MINNEAPOLIS, MN | GENERAL OPERATING | $58,750 |
| THE KOHALA CENTER KAMUELA, HI | GENERAL OPERATING | $30,000 |
| UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN | GENERAL OPERATING | $21,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRADLEY E BAKKEN | PRESIDENT | 1 | — |
| PAMELA BAKKEN PETERSMEYER | VICE PRESIDENT | 1 | — |
| JEFFREY T BAKKEN | TREASURER | 1 | — |
| WENDY K WATSON | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Earl & Doris Bakken Foundation?
The Earl & Doris Bakken Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ST LOUIS PARK, MN. It holds $4.9M in total assets as of 2024.
How large is The Earl & Doris Bakken Foundation?
As of 2024, The Earl & Doris Bakken Foundation holds $4.9M in total assets with $210K in annual revenue. It awarded 8 grants totaling $250K in 2024.
Where does The Earl & Doris Bakken Foundation operate?
The Earl & Doris Bakken Foundation has awarded grants in Hawaii, Minnesota.
What size grants does The Earl & Doris Bakken Foundation award?
In 2024, The Earl & Doris Bakken Foundation awarded 8 grants totaling $250K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is The Earl & Doris Bakken Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Earl & Doris Bakken Foundation reported a distributable amount of $261K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Earl & Doris Bakken Foundation's EIN?
The Earl & Doris Bakken Foundation's EIN (Employer Identification Number) is 99-0339501. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Earl & Doris Bakken Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.