Tozer Foundation Inc
The Tozer Foundation Inc is a private foundation incorporated in 1946 and based in Lake Elmo, Minnesota. The foundation operates as an independent grantmaking organization with a primary focus on supporting educational opportunities through scholarships for high school students in specific Minnesota counties.
Key facts about Tozer Foundation Inc
- EIN
- 41-6011518
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $907,600
- Grants made (2025)
- 331
- Average grant
- $2,742
- Median grant
- $2,750
- Primary geography
- Minnesota (62% of itemized 2025 grant dollars)
- How to apply
- Scholarship applications are managed through Kaleidoscope. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Tozer Foundation Inc funds
By grant dollars, the top recipient states for Tozer Foundation Inc's 331 itemized 2025 grants were Minnesota (62%) and Wisconsin (14%). The most frequent recipient cities were Minneapolis, MN (77 grants), St Paul, MN (55 grants), Madison, WI (17 grants) and Northfield, MN (13 grants). 0% of grants with a stated purpose were for general or operating support. Recurring purposes include "Scholarships" (330 grants).
How Tozer Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−15%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Tozer Foundation Inc
- How to evaluate Tozer Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$908K
-3.4% YoY
Grant Count
331
-3.5% YoY
Avg Grant Size
$3K
+0.1% YoY
Mission & Focus Areas
The foundation's mission is to award scholarships to students residing in or graduating from high school in Kanabec, Pine, and Washington counties of Minnesota who will be attending an accredited college or university in the United States.
The foundation was established by David Tozer in 1947 with a fund designated for "worthy and needy" students. Today, the foundation provides renewable scholarships of $3,000 for up to four years to support post-secondary education.
Primary Focus Areas:
- Education (particularly higher education)
- Scholarships to individuals
Grantmaking
Grant Range
approximately $2,000
Average Grant
approximately $2,000
How to Apply
**
Ready to take the next step with Tozer Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds within Minnesota, with specific focus on:
- Kanabec County
- Pine County
- Washington County
The foundation also has some funding activity in Wisconsin and Iowa.
Grant Distribution by State
Share of all 331 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $22,957,480 (as of fiscal year ending October 2024)
- Assets increased 2.6% from prior year
Annual Activity:
- Total revenues (FY 2024): $1,917,556
- Total expenses (FY 2024): $1,200,954
- Total giving (FY 2024): $939,225
- Investment income and dividends: $771,233
- Net gain from sale of non-inventory assets: $1,145,689
Prior Year Comparison:
- Total revenues (FY 2023): $514,827
- Total expenses (FY 2023): $1,573,686
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
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 2025
Grant Size Distribution
683 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Lena Roubinek ($5,500 across 2 grants), Kaitlyn Groeneweg ($2,750), Baby Faith Albert ($2,750).
| Recipient | Purpose | Amount |
|---|---|---|
| KAITLYN GROENEWEG Abilene, TX | SCHOLARSHIPS | $2,750 |
| BABY FAITH ALBERT Sioux Falls, SD | SCHOLARSHIPS | $2,750 |
| ADRIEL SHOWERS Azusa, CA | SCHOLARSHIPS | $2,750 |
| BASIL LOOMIS Atchison, KS | SCHOLARSHIPS | $2,750 |
| ELLA BORNER St Paul, MN | SCHOLARSHIPS | $2,750 |
| BRENDAN COLLINS Arden Hills, MN | SCHOLARSHIPS | $2,750 |
| GREYSON JOHNSON Arden Hills, MN | SCHOLARSHIPS | $2,750 |
| LAUREN KLANCHER St Paul, MN | SCHOLARSHIPS | $2,750 |
| BRYNNE KLANCHER St Paul, MN | SCHOLARSHIPS | $2,750 |
| OLIVIA NIENABER Arden Hills, MN | SCHOLARSHIPS | $2,750 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Tracey Galowitz, President
- Gretchen Stein, Vice President
- Douglas Smith, Treasurer
- Elizabeth Raleigh, Assistant Treasurer
- Catherine Johnson, Secretary
- Jennifer Anderson
- Scott Mercer
- Sandy Weaver
- David Wettergren, Past President
Administrative Support: The foundation's administrative operations are managed through Lake Elmo Bank Trust Department.
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tracey Galowitz | President | 1 | — |
| Gretchen M Stein | Vice President | 1 | — |
| David Wettergren | Past President | 1 | — |
| Catherine Johnson | Secretary | 1 | — |
| Douglas N Smith | Treasurer | 1 | — |
| Elizabeth a Raleigh | Assistant Treasurer | 1 | — |
| Jennifer Anderson | Director | 1 | — |
| Scott Mercer | Director | 1 | — |
| Sandra Weaver | Director | 1 | $3,500 |
Contact Information
Mailing Address: Tozer Foundation c/o Lake Elmo Bank Trust Dept. 11465 39th St N Lake Elmo, MN 55042
Phone: 651-773-4420 Fax: 651-748-4817 Email: info@TozerFoundation.com Website: tozerfoundation.com
Frequently Asked Questions
What does Tozer Foundation Inc fund?
The foundation's mission is to award scholarships to students residing in or graduating from high school in Kanabec, Pine, and Washington counties of Minnesota who will be attending an accredited college or university in the United States. The foundation was established by David Tozer in 1947 with a fund designated for "worthy and needy" students. Today, the foundation provides renewable scholarships of $3,000 for up to four years to support post-secondary education. **Primary Focus Areas:** • …
How do I apply for a grant from Tozer Foundation Inc?
Scholarship applications are managed through Kaleidoscope. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Tozer Foundation Inc make grants?
The foundation primarily funds within Minnesota, with specific focus on: • Kanabec County • Pine County • Washington County The foundation also has some funding activity in Wisconsin and Iowa.
What size grants does Tozer Foundation Inc award?
In 2025, Tozer Foundation Inc awarded 331 grants totaling $908K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is Tozer Foundation Inc's EIN?
Tozer Foundation Inc's EIN (Employer Identification Number) is 41-6011518. IRS Form 990 filing data is available on this page for 2019–2025.
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Browse active grant opportunities in Tozer Foundation Inc's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.