The Patch Foundation
The Patch Foundation is a corporate foundation based in Minneapolis, Minnesota, established in 1997. It operates as a 501(c)(3) organization with a primary focus on providing financial support to nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$962K
-10.7% YoY
Grant Count
39
-7.1% YoY
Avg Grant Size
$25K
-3.8% YoY
Mission & Focus Areas
The Patch Foundation primarily funds program support in three key areas:
- Education
- Religion
- Health
Grantmaking
The foundation maintains an active grantmaking program with the following characteristics:
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation primarily operates in Minnesota, with a particular focus on the Minneapolis area and surrounding regions.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $3,820,416
- Total revenues: $225,348
- Total expenses: $968,507
- Investment income and dividends: $136,132
- Grants and contributions received: $30,000
Staffing: The foundation operates with 0 employees as of 2024.
| 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
217 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLYN SAMPLE | PRESIDENT | 2 | — |
| ERNEST LINDSTROM-LINDSTROM LAW OFFI | DIRECTOR | 0.5 | — |
| RONALD K DRAPER | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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