Xcel Energy Foundation
Xcel Energy Foundation is a private foundation based in Minneapolis, Minnesota. It makes grants to nonprofit organizations and educational institutions in Xcel Energy’s service area, supporting STEM career pathways, environmental sustainability and community vitality.
Key facts about Xcel Energy Foundation
In short: Xcel Energy Foundation gave $7.7M across 1,820 grants in 2024 (avg $4K), top state Minnesota. 22% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 41-2007734
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $7,725,349
- Grants made (2024)
- 1,820
- Average grant
- $4,245
- Median grant
- $513
- New grantees (estimate)
- 22% first-time grantees (378 of 1,696, 2024)
- Primary geography
- Minnesota (37% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The Foundation does not accept unsolicited requests; applications are accepted by invitation only, and unsolicited proposals or letters of intent will not be considered. Full details ↓
- Deadline
- Funding opens in the spring.
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
—
Annual Giving
$7.7M
+3.2% YoY
Grant Count
1,820
-2.8% YoY
Avg Grant Size
$4K
+6.1% YoY
Is Xcel Energy Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 378 of 1,696 grantees (22%) were first-time recipients. First grants averaged $1K; repeat grants $6K. How we count
Medians: $200 first-time, $750 repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+4%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The Foundation’s Energizing the Future program identifies three focus areas. STEM Career Pathways grants support opportunities such as project-based K–12 learning, financial aid and mentorship for students, inclusive learning environments, and skills training for employees. Environmental Sustainability grants support sustainability initiatives, conservation education, habitat and community green-space improvements, and water conservation. Community Vitality is intended to advance economic prosperity and foster cultural expression and inclusion; the Foundation’s announcement also lists case management and support services for underserved populations.
Examples of grantees illustrate the range of organizations supported. Greater Twin Cities United Way says it responds to community needs in the Twin Cities region. Mile High United Way describes its mission as uniting people, ideas and resources to advance the common good. Community Food Share says it works to eliminate hunger in Boulder and Broomfield counties, while the University of Minnesota Foundation describes its role as stewarding university donors’ assets.
Grantmaking
In 2024, the Foundation reported 1,820 grants totaling $7,725,349. Grants ranged from $5 to $619,552, with a median of $512. The largest awards included $619,552 to Greater Twin Cities United Way, $529,417 to Mile High United Way Inc., and $496,117 to The United Way Inc. in Amarillo, Texas. Other notable grants included $70,886 to West Texas A & M University Foundation for purposes including STEM career pathways, and $51,000 to Community Food Share for disaster relief and volunteer energy.
Review Cycle
Funding opens in the spring.
How to Apply
. Funding is open to programs within Xcel Energy’s service area in Minnesota, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico.
Ready to take the next step with Xcel Energy Foundation?
Geographic Focus
Where this funder awards grants
The Foundation’s stated geographic restriction is programs within Xcel Energy’s service area in Minnesota, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico. In 2024, the largest shares of grant dollars by recipient state were Minnesota (37%), Colorado (30%), Texas (15%), Wisconsin (7%) and North Dakota (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 1,820 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7.4M (2021) to $8.7M (2020). In 2024 it made 1,820 grants totaling $7.7M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Greater Twin Cities United Way ($620K across 2 grants). Together the top 10 received $2.0M.
Grant Size Distribution
9,332 grants across all recorded years
The most common grant size was under $50K: 9,286 grants of 9,332 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Twin Cities United Way Minneapolis, MN | Uw Grant | $619,552 |
| Mile High United Way Inc Denver, CO | Match payroll deduction (501(c)3) grant, match payroll deduction (higher ed) grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant, volunteer energy | $529,417 |
| The United Way Inc Amarillo, TX | Dollars for doing grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant | $496,117 |
| West Texas a & M University Foundation Canyon, TX | Match payroll deduction (higher ed) grant, stem career pathways | $70,886 |
| United Way of Pueblo County Colorado Inc Pueblo, CO | Match credit card donation (501(c)3) grant, match payroll deduction (501(c)3) grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant | $60,355 |
| Lubbock Area United Way Inc Lubbock, TX | Match payroll deduction (higher ed) grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant | $59,216 |
| Community Food Share Louisville, CO | Disaster Reliefvolunteer Energy | $51,000 |
| United Way of the Greater Chippewa Valley Inc Eau Claire, WI | Dollars for doing grant, match credit card donation (501(c)3) grant, match payroll deduction (higher ed) grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant | $48,417 |
| Wright County Area United Way Monticello, MN | Match uw credit card donation grant, match uw payroll deduction grant | $44,680 |
| United Way of Goodhue Wabasha & Pierce Counties Red Wing, MN | Match a previous donation (501(c)3) grant, match credit card donation (501(c)3) grant, match uw credit card donation grant, match uw match previous donation grant, match uw payroll deduction grant | $40,971 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Grant count |
|---|---|---|
| 2024 | $7,725,349 | 1,820 |
| 2023 | $7,487,407 | 1,872 |
| 2022 | $7,448,750 | 1,856 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The Foundation’s 2024 filing lists Robert Frenzel as chair and president, Esther Ledesma Pumarol as executive director, Todd Wehner as treasurer, and Amy Schneider as secretary. Directors listed are Patricia Correa, Karl Hoesly, Robert Kenney, Ryan Long, Adrian Rodriguez and Amanda Rome.
Xcel Energy Foundation is led by Robert Frenzel, Chair & President since 2021 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert Frenzel
Chair & President
Director → Chair & President, 2021
On filings since 2020
0.3 hrs/week
No compensation reported
Esther Ledesma Pumarol
Executive Director
On filings since 2023
0.3 hrs/week
No compensation reported
Adrian Rodriguez
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Karl Hoesly
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Patricia Correa
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Robert Kenney
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Amanda Rome
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Brian Van Abel
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Ryan Long
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Amy Schneider
Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Paul Johnson
Treasurer
New on the 2024 filing
0.3 hrs/week
No compensation reported
Todd Wehner
Treasurer
New on the 2024 filing
0.3 hrs/week
No compensation reported
Former officers (13)
- Former: Christopher Clark (2020–2023) — Director
- Former: Frank Prager (2020–2023) — Vice President
- Former: Patricia Martin (2021–2023) — Treasurer
- Former: Brett Carter (2022–2023) — Director
- Former: David Hudson (2020–2022) — Director
- Former: Mark Stoering (2020–2022) — Director
- Former: Alice Jackson (2020–2021) — Director
- Former: Darla Figoli (2020–2021) — Director
- Former: Ben Fowke (2020) — Chair & President
- Former: David Eves (2020) — Vice President -
- Former: Judy Poferl (2020) — Secretary -
- Former: Sarah Soong (2020) — Treasurer
- Former: Wendy Mahling (2020) — Secretary -
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.
Contact
Application contact: Xcel Energy Foundation
Mailing address: 414 Nicollet Mall, Minneapolis, MN 55401
Phone: (612) 215-5310
Email: www.xcelenergy.com click on about us/communit
Website: https://corporate.my.xcelenergy.com
Frequently asked questions about Xcel Energy Foundation
How much does Xcel Energy Foundation give each year?
Xcel Energy Foundation gave $7.7M across 1,820 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $7.5M across 1,872 grants.
What is Xcel Energy Foundation's typical grant size?
Xcel Energy Foundation's median grant in 2024 was $513, and its average grant was $4,245, across 1,820 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Xcel Energy Foundation that year got $1K on average.
Where does Xcel Energy Foundation give grants?
Xcel Energy Foundation's top state is Minnesota, with 37% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were Colorado (30%) and Texas (15%). The most frequent recipient cities were Denver, CO (161 grants), St. Paul, MN (133 grants), Minneapolis, MN (117 grants) and Amarillo, TX (71 grants).
Does Xcel Energy Foundation give general operating support?
Not in 2024: none of the 1,820 grants with a stated purpose on Xcel Energy Foundation's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Match a Previous Donation (501(C)3) Grant" (371 grants), "Match Payroll Deduction (501(C)3) Grant" (246 grants) and "Match Credit Card Donation (501(C)3) Grant" (184 grants).
Who are Xcel Energy Foundation's largest grantees?
Xcel Energy Foundation's largest 2024 grantees include Greater Twin Cities United Way ($619,802 across 2 grants), Mile High United Way Inc ($529,417) and The United Way Inc ($496,117), according to its 2024 IRS Form 990 filing. Together they received 21% of its itemized 2024 grant dollars.
What does Xcel Energy Foundation fund?
The Foundation’s Energizing the Future program identifies three focus areas. STEM Career Pathways grants support opportunities such as project-based K–12 learning, financial aid and mentorship for students, inclusive learning environments, and skills training for employees. See mission & focus areas ↑
How do I apply for a grant from Xcel Energy Foundation?
The Foundation does not accept unsolicited requests; applications are accepted by invitation only, and unsolicited proposals or letters of intent will not be considered. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Xcel Energy Foundation's EIN?
Xcel Energy Foundation's EIN (Employer Identification Number) is 41-2007734. IRS Form 990 filing data is available on this page for 2020–2024.
Does Xcel Energy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Xcel Energy Foundation by hand.
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