The Hoffman Family Fdn Agy
The Hoffman Family Fdn Agy 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 $6.5M in total assets. In 2024, it awarded 3 grants totaling $911K. Net investment income was $570K.
Key facts about The Hoffman Family Fdn Agy
- EIN
- 83-2869660
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $910,750
- Grants made (2024)
- 3
- Average grant
- $303,583
- Median grant
- $185,750
- Total assets
- $6,455,900
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Hoffman Family Fdn Agy funds
By grant dollars, the top recipient states for The Hoffman Family Fdn Agy's 3 itemized 2024 grants were Minnesota (100%). 33% of grants with a stated purpose were for general or operating support.
How The Hoffman Family Fdn Agy gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 76% 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.
Next steps with The Hoffman Family Fdn Agy
- How to evaluate The Hoffman Family Fdn Agy as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
-4.7% YoY
Annual Giving
$911K
-36.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$304K
-36.6% YoY
Under IRS private-foundation payout rules, The Hoffman Family Fdn Agy reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About The Hoffman Family Fdn Agy
Based on IRS filings
The Hoffman Family Fdn Agy 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 $6.5M in total assets. In 2024, it awarded 3 grants totaling $911K. Net investment income was $570K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,455,900 | $6,771,396 | $7,906,502 |
| Revenue | $1,568,413 | $1,275,588 | $1,745,538 |
| Expenses | $957,872 | $1,476,032 | $979,428 |
| Qualifying Distributions | $928,725 | $1,451,711 | $957,113 |
| Net Investment Income | $570,191 | $352,598 | $272,943 |
| Distributable Amount | $1,228,161 | $1,233,919 | $1,114,203 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Mayo Clinic ($700,000), Scholarship America Inc ($185,750), University of St Thomas ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAYO CLINIC Rochester, MN | GENERAL OPERATING | $700,000 |
| SCHOLARSHIP AMERICA INC Minneapolis, MN | SCHOLARSHIPS | $185,750 |
| UNIVERSITY OF ST THOMAS St Paul, MN | SCHOLARSHIPS | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Hoffman | President/Director | — | — |
| Tamara Hoffman | Secretary/Treasurer/Director | — | — |
| Emily Long | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hoffman Family Fdn Agy?
The Hoffman Family Fdn Agy is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Minneapolis, MN. It holds $6.5M in total assets as of 2024.
How large is The Hoffman Family Fdn Agy?
As of 2024, The Hoffman Family Fdn Agy holds $6.5M in total assets with $1.6M in annual revenue. It awarded 3 grants totaling $911K in 2024.
Where does The Hoffman Family Fdn Agy operate?
The Hoffman Family Fdn Agy has awarded grants in Michigan, Minnesota.
What size grants does The Hoffman Family Fdn Agy award?
In 2024, The Hoffman Family Fdn Agy awarded 3 grants totaling $911K — an average of about $304K per grant, based on its IRS Form 990 filings.
How much is The Hoffman Family Fdn Agy required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hoffman Family Fdn Agy reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hoffman Family Fdn Agy's EIN?
The Hoffman Family Fdn Agy's EIN (Employer Identification Number) is 83-2869660. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.