The Michelle Gargaro Foundation Inc

WOODBURY, MN EIN: 84-4854396

The Michelle Gargaro Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODBURY, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 3 grants totaling $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8K

+71.4% YoY

Annual Giving

$5K

+42.9% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$2K

-4.8% YoY

Under IRS private-foundation payout rules, The Michelle Gargaro Foundation Inc reported a distributable amount of $303 for 2024 — the minimum it must pay out in qualifying distributions.

About The Michelle Gargaro Foundation Inc

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 $20K (80%)

Massachusetts $4K (16%)

Wisconsin $1K (4%)

States

Massachusetts Minnesota Wisconsin

Cities

BostonSt PaulWeyerhaeuser

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,775	$4,537	$7,193
Revenue	$23,900	$17,351	$22,726
Expenses	$20,662	$20,007	$25,438
Qualifying Distributions	$9,226	$20,007	$25,438
Net Investment Income	—	—	—
Distributable Amount	$303	$289	$421

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

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Als Association ($2,000), Healy Platform ($2,000), Jacobson Memorial Hospital ($1,000).

Recipient	Purpose	Amount
ALS ASSOCIATION ST PAUL, MN	CHARITABLE	$2,000
HEALY PLATFORM BOSTON, MA	CHARITABLE	$2,000
JACOBSON MEMORIAL HOSPITAL WEYERHAEUSER, WI	CHARITABLE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHRIS GARGARO	PRESIDENT	10	—
CHRISTOPHER GARGARO III	VICE PRESIDENT	2	—
RYAN GARGARO	TREASURER	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Michelle Gargaro Foundation Inc?

The Michelle Gargaro Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODBURY, MN. It holds $8K in total assets as of 2024.

How large is The Michelle Gargaro Foundation Inc?

As of 2024, The Michelle Gargaro Foundation Inc holds $8K in total assets with $24K in annual revenue. It awarded 3 grants totaling $5K in 2024.

Where does The Michelle Gargaro Foundation Inc operate?

The Michelle Gargaro Foundation Inc has awarded grants in Massachusetts, Minnesota, Wisconsin.

What size grants does The Michelle Gargaro Foundation Inc award?

In 2024, The Michelle Gargaro Foundation Inc awarded 3 grants totaling $5K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Michelle Gargaro Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michelle Gargaro Foundation Inc reported a distributable amount of $303 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Michelle Gargaro Foundation Inc's EIN?

The Michelle Gargaro Foundation Inc's EIN (Employer Identification Number) is 84-4854396. IRS Form 990 filing data is available on this page for 2020–2024.