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The Minneapolis Foundation

MINNEAPOLIS, MN EIN: 41-6029402 Website

The Minneapolis Foundation is one of the oldest and largest community foundations in the United States. Established in 1915, it is a 501(c)(3) nonprofit organization headquartered in Minneapolis, Minnesota. The Foundation operates as a community foundation that cultivates generosity by facilitating grantmaking, driving research and advocacy, and providing services to donors seeking to make a difference in their communities.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.2B

+4.5% YoY

Annual Giving

$121.7M

+15.8% YoY

Grant Count

1,565

+13.6% YoY

Avg Grant Size

$78K

+2.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: The Minneapolis Foundation drives collective action to realize strong, vibrant communities. The Foundation creates intersections in civic life that foster a generous community of donors, organizations, staff, volunteers, and residents who listen, learn, and take responsive action to address pressing needs. The Foundation supports donors and partners as they express their generosity—personally, collectively, and across generations. It invests in community-shaped and community-driven solutions, using all available tools and resources. The Foundation uses its access and influence to amplify and elevate the voices and leadership of others, and creates measurable meaning and impact across its work through research, evaluation, and knowledge-sharing.

Primary Focus Areas: The Foundation addresses the greatest civic, social, and economic needs in the community through its grantmaking and philanthropic activities.

Grantmaking

The Minneapolis Foundation administers more than 1,500 charitable funds created by individuals, families, businesses, and nonprofits. Millions of dollars in grants are distributed from these funds each year, either personally advised by or in accordance with the legacy wishes of donors. The Foundation also stewards a permanent charitable endowment and distributes income from it to benefit the community.

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Geographic Focus

Where this funder awards grants

The Foundation's primary focus is on Minneapolis and the surrounding community in Minnesota.

Grant Distribution by State

51states
+43 more states

Cities

ACCORDADAAFTONAGOURA HILLSAKRONALBANYALBERT LEAALBUQUERQUEALEXANDRIAALLENDALEALPENAALTONAMANAAMERICUSAMESAMHERSTANDOVERANN ARBORANNANDALEANOKA

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2025):

  • Total Revenue: $193 million
  • Total Expenses: $152 million
  • Total Assets: $1.19 billion
  • Total Liabilities: $80.4 million

Prior Year Data (2024):

  • Total Revenue: $146.9 million
  • Total Expenses: $134.2 million
  • Total Assets: $1.134 billion

Staffing: The Foundation employs 56-64 staff members.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56M$112M$169M$225M2019202020212022202320242025
Metric202520242023
Total Assets$1,185,664,206$1,134,066,155$1,039,176,403
Revenue$192,988,402$146,901,684$115,302,787
Expenses$152,448,966$134,196,439$122,536,152
Qualifying Distributions
Net Investment Income$59,584,907$47,460,029$19,200,778
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30M$61M$91M$122M1,258 grants20191,385 grants20201,562 grants20211,506 grants20221,365 grants20231,378 grants20241,565 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

ALLINA HEALTH FOUNDATION$4.0MAGATE HOUSING AND SERVIC…$566KALIGHT$426K2026 SPECIAL OLYMPICS US…$250KACHIEVE TWIN CITIES$147KAFRICAN DEVELOPMENT CENT…$137K4 ACCESS PARTNERS$100K1000 FRIENDS OF WISCONSIN$87K1000 FRIENDS OF IOWA$79KA GREAT DAY FARM FOUNDAT…$60K

Grant Size Distribution

250 grants across all recorded years

139<$50K31$50–100K20$100–250K30$250–500K15$500K–1M14$1–5M1$5M+

Open Grants

14 open opportunities from The Minneapolis Foundation

Show all 14 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Executive Leadership:

  • R.T. Rybak (Executive Director)
  • Nathan Wade (Chief Information Officer, joined December 2025)
  • Karen Kelley-ariwoola (Vice President, Community Philanthropy)
  • Colleen Hase (Vice President, Information Technology)
  • William Sternberg (Vice President, Philanthropic Advising)
  • Maya Beecham (Program Director, Economic Ecosystem)

Board:

  • John Taft (Board of Directors)

Compensation Overview

From 2025 IRS filing

RT RYBAKPRESIDENT & CEO$421KJO-ANNE STATELYSENIOR VICE PRESIDENT OF IMP…$289KCHRISTOPHER BEACHSENIOR VICE PRESIDENT, PHILA…$280KGREG WENZCFO$223KWILLIAM STERNBERGDIRECTOR, BUSINESS DEVELOPME…$208KPATRICE RELERFORDVICE PRESIDENT OF COLLECTIVE…$204KCOLLEEN HASEVICE PRESIDENT OF TECHNOLOGY…$196KMILPHA BLAMOVICE PRESIDENT FOR TALENT AN…$195KJANNA HOTTINGERCHIEF OF STAFF TO PRESIDENT …$173K

From 2025 filing

NameTitleHoursCompensation
RT RYBAKPRESIDENT & CEO37.5$420,545
JOHN TAFTCHAIR2.5
JULIE BAKERVICE CHAIR2
MARY GROVEVICE CHAIR1.5
SCOTT ERICKSONTREASURER1.5
MAURICE BLANKSSECRETARY1.5
KATHLEEN MACLENNANTRUSTEE1.5
KHADIJA ALITRUSTEE - 12/20241
PAURVI BHATTTRUSTEE1
COLETTE CAMPBELLTRUSTEE1
TOM FISHERTRUSTEE1
BILL GRAVESTRUSTEE1
JUDY HALPERTRUSTEE1
RICHARD HOWELLTRUSTEE1
DANIEL MORENOTRUSTEE1
BECKY O'GRADYTRUSTEE1.5
TOM PACKTRUSTEE1.5
MARCIA PAGETRUSTEE1
LIZ PANGERLTRUSTEE1.5
STEPHANIE PIERCETRUSTEE1.5
SHARON PIERCETRUSTEE1.5
PAUL REYELTSTRUSTEE - 5/20241
LAURI ROBERTSTRUSTEE1
MICHAEL RODRIGUEZTRUSTEE1
MEG RODRIGUEZTRUSTEE2
RAJIV SHAHTRUSTEE1
MARK SIMENSTADTRUSTEE1.5
ALEX WARETRUSTEE1.5
JAZZ HAMPTONTRUSTEE - 1/20251
CHRISTINA LETRUSTEE1
PATRICIA TORRES RAYTRUSTEE1
JULIANA BATISTATRUSTEE1
LAURA BOHLANDERTRUSTEE1
BRENDA CHILDTRUSTEE1
KATE KELLYTRUSTEE1
TIM PALMERTRUSTEE1
GREG WENZCFO37.5$223,270
CHRISTOPHER BEACHSENIOR VICE PRESIDENT, PHILANTHROPIC SERVICES37.5$279,705
JO-ANNE STATELYSENIOR VICE PRESIDENT OF IMPACT37.5$288,507
PATRICE RELERFORDVICE PRESIDENT OF COLLECTIVE IMPACT AND GIVING37.5$204,150
WILLIAM STERNBERGDIRECTOR, BUSINESS DEVELOPMENT AND PHILANTHROPIC A37.5$207,677
COLLEEN HASEVICE PRESIDENT OF TECHNOLOGY AND ENTERPRISE RISK M37.5$195,605
MILPHA BLAMOVICE PRESIDENT FOR TALENT AND CULTURE37.5$195,090
JANNA HOTTINGERCHIEF OF STAFF TO PRESIDENT AND CEO37.5$173,217

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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