The Rum Fund is a private foundation based in Wayzata, Minnesota, established in 1998. It operates as a 501(c)(3) philanthropic organization with a broad geographic reach across the United States, supporting initiatives in arts and culture, education, and religion.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-2.9% YoY
Annual Giving
$470K
+15.4% YoY
Grant Count
36
-12.2% YoY
Avg Grant Size
$13K
+31.5% YoY
Mission & Focus Areas
The fund focuses on supporting projects in three primary areas:
- Arts and Culture
- Education
- Religion
Grantmaking
The fund is open to new applicants, with approximately 12% of new applicants receiving funding.
Grant Range
$42
Average Grant
$42
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Geographic Focus
Where this funder awards grants
The Rum Fund supports projects across multiple U.S. states and cities, including:
- Minnesota
- California
- New York
- Texas
- Alabama
- Arizona
- Colorado
- Washington, D.C.
- Florida
- Illinois
- Ohio
- Pennsylvania
The fund has a broad geographical reach, supporting projects in major cities such as Los Angeles, New York, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $3,011,544 |
| Annual Grants (2024) | $407,236 |
| Annual Revenue | $316,414 |
| Annual Expenses | $437,506 |
| Asset Growth | +2.6% from previous year |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,923,366 | $3,011,544 | $3,112,634 |
| Revenue | $409,160 | $316,414 | $196,564 |
| Expenses | $497,297 | $437,506 | $589,349 |
| Qualifying Distributions | $470,732 | $407,887 | $563,238 |
| Net Investment Income | $370,272 | $280,782 | $155,078 |
| Distributable Amount | $240,048 | $226,300 | $244,460 |
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
210 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Abigail Rose – President (uncompensated)
- Michael Blum – Vice President (uncompensated)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Abigail Rose | President | 1 | — |
| Michael Blum | Vice President | 1 | — |
Contact Information
Address: 3440 Northome Rd, Wayzata, MN 55391-3018
Phone: 612-849-9628
EIN: 13-4022921
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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—
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Total Given
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Minnesota Citizens Concerned
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Assets
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Rum Fund on Grantable?
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