The Jaye F and Betty F Dyer Foundation
The Jaye F and Betty F Dyer Foundation is a private family foundation established in 1977 in Minnesota. The foundation is based in Minneapolis, Minnesota, with an office address at 10 Munn Drive, Asheville, NC 28805-1526. It operates as a 501(c)(3) tax-exempt organization and has been designated as tax-exempt since June 1979.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$539K
+4.1% YoY
Grant Count
36
-5.3% YoY
Avg Grant Size
$15K
+9.8% YoY
Mission & Focus Areas
The foundation supports medicine and health, social service agencies, community development, and youth organizations. Its primary focus is on self-sufficiency through employment programs targeting three key populations: individuals with disabilities, minority teens, and the long-term unemployed.
Grantmaking
The foundation is an active grantmaker with a significant portfolio of grants. Recent financial data shows:
Grant Range
**: $10,000
Average Grant
**: $14,100
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Minneapolis, Minnesota and surrounding areas. Recent grant activity indicates funding in Fort Wayne and other regional locations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Revenue (2024):
- Total assets: $5.68 million to $11 million
- Annual revenue: $582,000 to $589,800
- Annual expenses: $594,000
- Total liabilities: $0
Historical giving capacity: The foundation maintains consistent annual distributions in the $500,000+ range, demonstrating stable funding capacity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Microgrants ($75,000), Project for Pride in Living Inc ($35,000), Friends of the Global Market ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACCESSABILITY INC MINNEAPOLIS, MN | PROGRAM SUPPORT | $10,000 |
| AGATE HOUSING SERVICES MINNEAPOLIS, MN | PROGRAM SUPPORT | $10,000 |
| AMERICAN RED CROSS MINNEAPOLIS, MN | PROGRAM SUPPORT | $20,000 |
| AVOW FOUNDATION INC NAPLES, FL | PROGRAM SUPPORT | $1,000 |
| BOLDER OPTIONS MINNEAPOLIS, MN | PROGRAM SUPPORT | $8,000 |
| CENTRO GUADALUPANO MINNEAPOLIS, MN | PROGRAM SUPPORT | $10,000 |
| COMMONBOND COMMUNITIES SAINT PAUL, MN | PROGRAM SUPPORT | $10,000 |
| COMMUNITY PARTNERS WYOUTH SAINT PAUL, MN | PROGRAM SUPPORT | $5,000 |
| EMERGE COMMUNITY DEVELOPMENT MINNEAPOLIS, MN | PROGRAM SUPPORT | $20,000 |
| FRIENDS OF THE GLOBAL MARKET MINNEAPOLIS, MN | PROGRAM SUPPORT | $30,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Jill M Dyer - Director, President
- Michael J Dyer - Director, President
- Joseph F Dyer - Vice President
- Joe Selvaggio - Director
- Darlene L McGee - Vice President of Administration
The foundation was established by Jaye F. Dyer and his wife Betty. Jaye F. Dyer (1927-2009) was a business leader and philanthropist who founded Dyco Petroleum Corporation in 1971 and served on numerous corporate and nonprofit boards throughout his career.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JILL M DYER | DirPresident | — | — |
| DARLENE L MCGEE | VPOF ADMIN | 108 | $46,000 |
| JOSEPH F DYER | VICE-PRES | — | — |
| MEGAN F DYER | DIRECTOR | — | — |
| LAURA RIDDERING | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in recent years with several notable initiatives:
Launched a Black-owned business grant program that has distributed grants to local Black-owned businesses
Dyer Family Foundation program distributes grants to 25 local, black-ownedThe Black-owned business grant program distributed grants to 25 local Black-owned businesses in 2024
Dyer Family Foundation program distributes grants to 25 local, black-ownedGrant awards have been distributed for at least three consecutive years through this program
Dyer Family Foundation program distributes grants to 25 local, black-ownedThe foundation has established the "Dyer Difference Award" to honor history and heritage
Dyer Difference Award honors history and heritageFrequently Asked Questions
What does The Jaye F and Betty F Dyer Foundation fund?
The foundation supports medicine and health, social service agencies, community development, and youth organizations. Its primary focus is on self-sufficiency through employment programs targeting three key populations: individuals with disabilities, minority teens, and the long-term unemployed.
How do I apply for a grant from The Jaye F and Betty F Dyer Foundation?
The foundation is an active grantmaker with a significant portfolio of grants. Recent financial data shows: • **Total giving**: Approximately $518,000 to $549,000 annually • **Number of grants**: 38-39 grants per year • **Median grant size**: $10,000 • **Average grant size**: $14,100 • **Grant range**: Up to $75,000 maximum The foundation distributes grants to local organizations and has launched specific grant programs, including a Black-owned business grant program that has operated for at le…
Where does The Jaye F and Betty F Dyer Foundation make grants?
The foundation primarily funds organizations in Minneapolis, Minnesota and surrounding areas. Recent grant activity indicates funding in Fort Wayne and other regional locations.
What size grants does The Jaye F and Betty F Dyer Foundation award?
In 2024, The Jaye F and Betty F Dyer Foundation awarded 36 grants totaling $539K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is The Jaye F and Betty F Dyer Foundation's EIN?
The Jaye F and Betty F Dyer Foundation's EIN (Employer Identification Number) is 41-1390020. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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