V3 Sports Inc
The mission of V3 Sports is to elevate its community (north minneapolis) through wellness, fitness, and education. In serving its mission, V3 Sports operates the v3 center in north minneapolis and runs culturally relevant programming through its state-of-the-art aquatics, fitness and community center, which hosts a childcare service, a boys and girls club branch and a locally-owned restaurant.
V3 Sports Inc at a glance
In short: V3 Sports Inc gave $6.6M across 1 grant in 2024 (avg $6.6M), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $6,620,240
- -48.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $6,620,240
- -48.9% vs 2023
- Median grant
- $6,620,240
- Total assets
- $22,537,987
- -19.2% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who V3 Sports Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was V3 Foundation ($6.6M).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was $5M or more: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $6.6M (2024) to $13.0M (2023). In 2024 it made 1 grant totaling $6.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| V3 Foundation Minneapolis, MN | For the Constructions of V3 Center | $6,620,240 |
Ready to take the next step with V3 Sports Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $22,537,987 | $2,706,548 | $10,389,238 | $6,620,240 | 1 | $279,654 |
| 2023 | $27,898,282 | $23,186,711 | $14,480,727 | $12,958,775 | 1 | $150,484 |
| 2022 | $17,621,946 | $15,786,495 | $635,823 | — | — | $26,840 |
| 2021 | $11,391,431 | $5,533,195 | $390,080 | — | — | $3,961 |
| 2020 | $6,126,186 | $-35,822 | $145,918 | — | — | $2 |
About V3 Sports Inc
Based on IRS filings
V3 Sports Inc is a public charity focused on Recreation & Sports, based in Minneapolis, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 1 grant totaling $6.6M. Net investment income was $280K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
V3 Sports Inc is led by Malik Rucker, Executive Director on every filing since 2023; 4 of 18 officers listed in 2024 are compensated.
Officers on the 2024 filing
Malik Rucker
Executive Director
On filings since 2023
40 hrs/week
$98K (2023) → $149K (2024)
Analyah Schlaeger Dos Santos
Board Chair
Director → Director & Chair, 2021
Director & Chair → Board Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Isaac De Souza
Director
On filings since 2020
0.5 hrs/week
$12K (2021) → $0 (2024)
Ayanna Rakhu
Director
On filings since 2023
0.5 hrs/week
$4K (2024)
Jacqueline D. Strebe
Director of Finance & Operations
On filings since 2023
40 hrs/week
$61K (2023) → $96K (2024)
Luke Day
Director of Facilities
New on the 2024 filing
40 hrs/week
$118K (2024)
Darrell Thompson
Director
Treasurer → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Erika Binger
Founding Director & Coach
President → Founding Director & Coach, 2021
On filings since 2020
20 hrs/week
No compensation reported
Ezra Hyland
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Henry Lake
Director
On filings since 2020
0.5 hrs/week
No compensation reported
David Plummer
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Jerome Treadwell
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Laura Shingler
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Tamera Williams
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Tru Pettigrew
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Melissa Froehle
Secretary
Director → Secretary, 2023
On filings since 2021
0.5 hrs/week
No compensation reported
Wokie Weah
Vice Chair
Director → Vice Chair, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Ricky Margarit
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (5)
- Former: Tamera Irwin (2020–2023) — Director
- Former: Jane Townsend (2021–2023) — Managing Director
- Former: Jerome Richardson (2023) — Director
- Former: Sherman Patterson Jr. (2020–2022) — Chair
- Former: Noah Huisman (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $149K, to Malik Rucker (Executive Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about V3 Sports Inc
How much does V3 Sports Inc give each year?
V3 Sports Inc gave $6.6M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $13.0M across 1 grant.
How large is V3 Sports Inc?
V3 Sports Inc reported $22.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.7M.
What is V3 Sports Inc?
V3 Sports Inc is a public charity focused on Recreation & Sports, based in Minneapolis, MN. It holds $22.5M in total assets as of 2024.
Where does V3 Sports Inc operate?
V3 Sports Inc has awarded grants in Minnesota.
What is V3 Sports Inc's EIN?
V3 Sports Inc's EIN (Employer Identification Number) is 47-4208106. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work V3 Sports Inc funds
Recreation & Sports Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in V3 Sports Inc's focus areas in our free grants database
Similar Funders
Similar funders in Minnesota
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic opportunity, health and human services, youth and education, housing, and organizational capacity. Its 2025 grants had a median of $26,000; listed programs offer up to $50,000 for eligible East Metro work and up to $15,000 for qualifying Minnesota organizations. It accepts applications through specific programs, including rolling application opportunities; the Community Solutions Grant Program serves Dakota, Ramsey, and Washington counties.
Assets
$1.7B
Grants
1,473
Total Given
$107.2M
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
First Children's Finance
Minneapolis, MN
First Children’s Finance supports child care businesses and communities through grants for projects such as facility improvements, feasibility studies, and provider support, as well as loans paired with technical assistance. Its 2025 grants ranged from $5,283 to $50,000, with a median of $11,839; grant examples are in Minnesota, Vermont, and Wisconsin, while its loan fund serves 10 states.
Assets
$7.0M
Grants
80
Total Given
$1.1M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds rural Minnesota projects that build community wealth, improve rural places, strengthen small communities, and support capacity-building, with a primary focus on the Grand Rapids area. Rural grants are typically $25,000–$150,000; it does not accept unsolicited requests, offering opportunities through invitations or competitive RFPs.
Assets
$506.3M
Grants
931
Total Given
$15.8M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from V3 Sports Inc'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.
V3 Sports Inc down — hundreds of funders to go?