Zimmerman Mindful Asset Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 84-3220039

Zimmerman Mindful Asset Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 7 grants totaling $47K. Net investment income was $138K.

Key facts about Zimmerman Mindful Asset Foundation

In short: Zimmerman Mindful Asset Foundation gave $47K across 7 grants in 2025 (avg $7K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.

EIN
84-3220039
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$47,000
Grants made (2025)
7
Average grant
$6,714
Median grant
$5,000
Total assets
$1,343,571
Primary geography
Minnesota (79% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+21.5% YoY

Annual Giving

$47K

+67.9% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$7K

+19.9% YoY

Under IRS private-foundation payout rules, Zimmerman Mindful Asset Foundation reported a distributable amount of $67K for 2025 — the minimum it must pay out in qualifying distributions.

How Zimmerman Mindful Asset Foundation gives

  • Giving grew 176% from 2022 to 2025. Method
  • In 2025 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

Federal WaySaint PaulApple ValleyMendota HeightsLittle RockMinneapolisMinnetonkaRochester

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 1 grant2021 3 grants2022 1 grant2023 5 grants2024 7 grants2025

From 2021 to 2025, annual grant giving ranged from $5K (2021) to $47K (2025). In 2025 it made 7 grants totaling $47K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Minnesota Zoo Foundation: $24K across 2 grantsMinnesota Zoo Foundation$24K · 2 grantsAngel Foundation: $5KAngel Foundation$5KHeifer International Foundation: $5KHeifer InternationalFoundation$5KWashburn Center for Children: $5KWashburn Center for Children$5KWorld Vision: $5KWorld Vision$5KAdler Graduate School: $3KAdler Graduate School$3K

The largest 2025 recipient was Minnesota Zoo Foundation ($24K across 2 grants). Together the top 6 received $47K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Minnesota Zoo Foundation Apple Valley, MNCharitable Event$14,000
Minnesota Zoo Foundation Apple Valley, MNGeneral & Unrestricted$10,000
Angel Foundation Mendota Heights, MNGeneral & Unrestricted$5,000
Heifer International Foundation Little Rock, ARGeneral & Unrestricted$5,000
Washburn Center for Children Minneapolis, MNGeneral & Unrestricted$5,000
World Vision Federal Way, WAGeneral & Unrestricted$5,000
Adler Graduate School Minnetonka, MNGeneral & Unrestricted$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,343,571$1,105,656$992,512
Revenue$295,057$153,191$292,396
Expenses$57,142$40,047$37,456
Qualifying Distributions$56,942$37,747$34,556
Net Investment Income$137,961$262,930$23,829
Distributable Amount$67,191$56,518$40,893

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 19, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 9, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Officers and directors from IRS filings

Zimmerman Mindful Asset Foundation is led by Steven D Zimmerman, Director, President, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steven D Zimmerman

    Director, President, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan K Zimmerman

    Director & Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Zimmerman Mindful Asset Foundation

How much does Zimmerman Mindful Asset Foundation give each year?

Zimmerman Mindful Asset Foundation gave $47K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 5 grants.

What is Zimmerman Mindful Asset Foundation's typical grant size?

Zimmerman Mindful Asset Foundation's median grant in 2025 was $5,000, and its average grant was $6,714, across 7 grants on its 2025 IRS Form 990-PF.

Where does Zimmerman Mindful Asset Foundation give grants?

Zimmerman Mindful Asset Foundation gives mostly in Minnesota: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Arkansas (11%) and Washington (11%). The most frequent recipient cities were Apple Valley, MN (2 grants).

Does Zimmerman Mindful Asset Foundation give general operating support?

Yes: 86% of Zimmerman Mindful Asset Foundation's 2025 grants with a stated purpose (6 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Zimmerman Mindful Asset Foundation's largest grantees?

Zimmerman Mindful Asset Foundation's largest 2025 grantees include Minnesota Zoo Foundation ($24,000 across 2 grants), Angel Foundation ($5,000) and Heifer International Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 72% of its itemized 2025 grant dollars.

How large is Zimmerman Mindful Asset Foundation?

Zimmerman Mindful Asset Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $67K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Zimmerman Mindful Asset Foundation's EIN?

Zimmerman Mindful Asset Foundation's EIN (Employer Identification Number) is 84-3220039. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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