Venture
In tough places - unsafe, unreached, and unresourced - Venture partners with courageous leaders to make the gospel known and fight injustice by bringing relief to war-torn families, combating human trafficking, and equipping marginalized women - all while planting churches and making disciples.
Venture at a glance
In short: Venture gave $229K across 4 grants in 2024 (avg $57K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $228,977
- -29.3% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $57,244
- -47.0% vs 2023
- Median grant
- $21,489
- Total assets
- $6,128,571
- +37.3% vs 2023
- Primary geography
- Minnesota (95% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Venture funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Minnesota District Council ($174K). Together the top 4 received $229K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 18 grants of 27 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Venture gives
- Giving fell 45% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $196K (2020) to $417K (2021). In 2024 it made 4 grants totaling $229K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota District Council Minneapolis, MN | Anti Trafficking | $174,395 |
| Iccm Life Center Minneapolis, MN | Anti Trafficking | $23,977 |
| The Reel Hope Project Minneapolis, MN | Food Security | $19,000 |
| Wisconsin Northern Michigan District Waupaca, WI | Anti Trafficking | $11,605 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $6,128,571 | $9,544,140 | $8,751,962 | $228,977 | 4 | $174,317 |
| 2023 | $4,464,155 | $7,644,584 | $7,557,791 | $324,075 | 3 | $87,706 |
| 2022 | $4,281,229 | $6,005,204 | $5,978,514 | $211,789 | 6 | $-60,265 |
| 2021 | $4,889,777 | $6,516,603 | $5,424,135 | $417,015 | 6 | $54,978 |
| 2020 | $3,192,933 | $4,015,273 | $3,588,093 | $196,174 | 8 | $-3,865 |
About Venture
Based on IRS filings
Venture is a public charity, based in Burnsville, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 4 grants totaling $229K. Net investment income was $174K.
Leadership & Key People
Officers and directors from IRS filings
Venture is led by Ryan Skoog, President, CEO & Co-Founder since 2024 (on filings since 2020); 1 of 9 officers listed in 2024 is compensated.
Officers on the 2024 filing
Ryan Skoog
President, CEO & Co-Founder
President & CEO → President, CEO & Co-Founder, 2024
On filings since 2020
5 hrs/week
No compensation reported
Paul Hurckman
Secretary & Executive Director
Secretary & Executive Director → Executive Director, 2021
Executive Director → Secretary & Executive Director, 2024
On filings since 2020
40 hrs/week
$84K (2020) → $123K (2024)
Tim Skoog
Chairman of the Board & Co-Founder
Chairman of the Board → Chairman of the Board & Co-Founder, 2024
On filings since 2020
5 hrs/week
No compensation reported
Brad Ahlm
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Linda Furry
Member
Member → Secretary, 2021
Secretary → Member, 2024
On filings since 2020
5 hrs/week
No compensation reported
Terry Lijewski
Member
On filings since 2020
5 hrs/week
No compensation reported
Terry Boynton
Member
On filings since 2022
5 hrs/week
No compensation reported
Andrea Lathrop
Member
On filings since 2023
5 hrs/week
No compensation reported
Seth Nielsen
Member
On filings since 2023
5 hrs/week
No compensation reported
Former officers (2)
- Former: Kristen Willard (2023) — Member
- Former: Tom Tomlinson (2020–2022) — Member
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 $123K, to Paul Hurckman (Secretary, Executive Director).
Frequently asked questions about Venture
How much does Venture give each year?
Venture gave $229K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $324K across 3 grants.
What is Venture's typical grant size?
Venture's median grant in 2024 was $21,489, and its average grant was $57,244, across 4 grants on its 2024 IRS Form 990.
Where does Venture give grants?
Venture gives mostly in Minnesota: 95% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Wisconsin (5%). The most frequent recipient cities were Minneapolis, MN (3 grants).
Does Venture give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Venture's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Anti Trafficking" (3 grants).
How large is Venture?
Venture reported $6.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $9.5M.
What is Venture's EIN?
Venture's EIN (Employer Identification Number) is 41-1720155. 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
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Venture's focus areas in our free grants database
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Figures come from Venture'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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