The Rum Fund
The Rum Fund is a private foundation based in Wayzata, Minnesota. Its 2025 filing reports 40 grants totaling $288,592, with most grant dollars going to recipients in Minnesota.
The Rum Fund at a glance
In short: The Rum Fund gave $289K across 40 grants in 2025 (avg $7K), mostly in Minnesota. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $288,592
- -38.6% vs 2024
- Grants made (2025)
- 40
- +11.1% vs 2024
- Average grant
- $7,215
- -44.7% vs 2024
- Median grant
- $1,300
- Total assets
- $3,132,776
- +7.2% vs 2024
- New grantees (estimate)
- 30% first-time grantees (12 of 40, 2025)
- Primary geography
- Minnesota (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Rum Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The fund does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 3440 Northome Road, Wayzata, MN 55391
Phone: (612) 849-9628
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Rum Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Minnesota Orchestra Association ($103K). Together the top 10 received $256K.
Grant Size Distribution
203 grants across all recorded years
The most common grant size was under $50K: 188 grants of 203 (93%).
Geographic Focus
Where this funder awards grants
In 2025, 90% of grant dollars went to Minnesota recipients. The remaining shares went to Missouri (3%), California (3%), New York (2%), and PW (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 40 itemized grants.
States
Cities
Is The Rum Fund open to new grantees?
30%
first-time grantees, 2025
In 2025, 12 of 40 grantees (30%) were first-time recipients. First grants averaged $1K; repeat grants $10K. How we count
Medians: $500 first-time, $2K repeat.
- 57% of 2025 grantees were also funded in 2024. Method
- Giving fell 49% from 2022 to 2025. Method
- In 2025 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $289K (2025) to $711K (2020). In 2025 it made 40 grants totaling $289K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota Orchestra Association Minneapolis, MN | General operations | $103,333 |
| Guthrie Theater Minneapolis, MN | General operations | $54,167 |
| Minneapolis Jewish Federation Minnetonka, MN | General operations | $25,000 |
| Children's Theatre Company Minneapolis, MN | General operations | $19,842 |
| Temple Israel Minneapolis, MN | General operations | $18,800 |
| Washington University St Louise, MO | General operations | $10,000 |
| Minnesota Hillel Minneapolis, MN | General operations | $7,500 |
| The Sholom Foundation Minneapolis, MN | General operations | $7,200 |
| Film Independent Los Angeles, CA | General operations | $5,000 |
| Michael J Fox Foundation for Parkinson's Research New York, NY | General operations | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,132,776 | $538,532 | $325,740 | $288,592 | 40 | $289,052 | $503,537 | $247,242 |
| 2024 | $2,923,366 | $409,160 | $497,297 | $470,099 | 36 | $470,732 | $370,272 | $240,048 |
| 2023 | $3,011,544 | $316,414 | $437,506 | $407,236 | 41 | $407,887 | $280,782 | $226,300 |
| 2022 | $3,112,634 | $196,564 | $589,349 | $563,112 | 47 | $563,238 | $155,078 | $244,460 |
| 2021 | $3,514,162 | $291,624 | $533,560 | $490,295 | 39 | $490,320 | $244,581 | $275,383 |
| 2020 | $3,775,002 | $941,453 | $727,175 | $711,453 | 47 | — | $717,108 | $233,202 |
Under IRS private-foundation payout rules, The Rum Fund reported a distributable amount of $247K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the fund is provided. Its 2025 grants show support for a range of organizations. For example, the Minneapolis Jewish Federation says it promotes philanthropy and addresses local and global Jewish needs, while an individual recipient says it enriches students’ lives. In the arts, the Guthrie Theater and Minnesota Orchestra Association received grants for general operations; Film Independent describes its mission as championing creative independence in visual storytelling and fostering inclusion. Other grantees include The Blake School, which describes its work as providing education in a diverse and supportive community, and 180 Degrees, which says it helps people overcome barriers and build healthy, multicultural communities.
Grantmaking
In 2025, the fund awarded 40 grants totaling $288,592. Grant amounts ranged from $100 to $103,333, with a median of $1,300. The largest grants included $103,333 to the Minnesota Orchestra Association and $54,167 to the Guthrie Theater, both for general operations. Other notable awards were $25,000 to the Minneapolis Jewish Federation, $19,842 to Children’s Theatre Company, and $18,800 to Temple Israel, each for general operations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Abigail Rose as president and Michael Blum as vice president.
The Rum Fund is led by Abigail Rose, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Abigail Rose
President
On filings since 2020
1 hr/week
No compensation reported
Michael Blum
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Rum Fund
How much does The Rum Fund give each year?
The Rum Fund gave $289K across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $470K across 36 grants.
What is The Rum Fund's typical grant size?
The Rum Fund's median grant in 2025 was $1,300, and its average grant was $7,215, across 40 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Rum Fund that year got $1K on average.
Where does The Rum Fund give grants?
The Rum Fund gives mostly in Minnesota: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (15 grants), Los Angeles, CA (3 grants), St. Paul, MN (3 grants) and New York, NY (2 grants).
Does The Rum Fund give general operating support?
Yes: 100% of The Rum Fund's 2025 grants with a stated purpose (40 of 40) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Rum Fund's largest grantees?
The Rum Fund's largest 2025 grantees include Minnesota Orchestra Association ($103,333), Guthrie Theater ($54,167) and Minneapolis Jewish Federation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.
How large is The Rum Fund?
The Rum Fund reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $289K in qualifying distributions that year, against a required minimum of $247K (roughly 5% of its investment assets).
What does The Rum Fund fund?
No mission statement for the fund is provided. Its 2025 grants show support for a range of organizations. For example, the Minneapolis Jewish Federation says it promotes philanthropy and addresses local and global Jewish needs, while an individual recipient says it enriches students’ lives. See mission & focus areas ↑
How do I apply for a grant from The Rum Fund?
The fund does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Rum Fund's EIN?
The Rum Fund's EIN (Employer Identification Number) is 13-4022921. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Rum Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
Explore Open Grants
Browse active grant opportunities in The Rum Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Rum Fund funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-rum-fund-morg_93571995b5fa428cbc34e99aecbb59fd
BibTeX
@misc{grantable_134022921_2026,
author = {{Grantable}},
title = {{The Rum Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-rum-fund-morg_93571995b5fa428cbc34e99aecbb59fd},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Rum Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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