Zimmerman Mindful Asset Foundation
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.
Ready to take the next step with Zimmerman Mindful Asset Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 17 grants of 17 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota Zoo Foundation Apple Valley, MN | Charitable Event | $14,000 |
| Minnesota Zoo Foundation Apple Valley, MN | General & Unrestricted | $10,000 |
| Angel Foundation Mendota Heights, MN | General & Unrestricted | $5,000 |
| Heifer International Foundation Little Rock, AR | General & Unrestricted | $5,000 |
| Washburn Center for Children Minneapolis, MN | General & Unrestricted | $5,000 |
| World Vision Federal Way, WA | General & Unrestricted | $5,000 |
| Adler Graduate School Minnetonka, MN | General & Unrestricted | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 9, 2025)
- 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.
Here's the math on researching Zimmerman Mindful Asset Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Zimmerman Mindful Asset Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic development, health and human services, youth and education, arts and culture, democracy, and nonprofit capacity, serving the East Metro and communities statewide. Its 2025 grants had a median of $26,000, while the Management Improvement Fund offers up to $15,000. It accepts unsolicited requests through open application programs, though some opportunities are invite-only.
Assets
$1.7B
Grants
1,473
Total Given
$107.2M
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation supports civic, social, and economic needs, including economic mobility, education equity, community safety, health, and the environment. In 2025, its grants had a median of $25,000, though awards varied widely; 77% of grant dollars went to Minnesota recipients. It does not state a general policy on unsolicited requests; current opportunities are closed, and some programs are invitation-based.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Ch Robinson Worldwide Foundation
Sioux Falls, SD
The C.H. Robinson Worldwide Foundation funds community needs, economic opportunity, supply-chain and logistics initiatives, and environmental sustainability, with Twin Cities grants also supporting hunger, shelter, K–12 education, and workforce development in Minneapolis–St. Paul. In 2024, grants ranged from $750 to $2.69 million, with a median of $5,000. Strategic Industry grants are invitation-only; Twin Cities organizations can apply online, and no general policy on unsolicited requests is stated.
Assets
$18.2M
Grants
87
Total Given
$4.0M
Fred C and Katherine B Andersen Foundation
Bayport, MN
The Fred C and Katherine B Andersen Foundation funds nonprofits working in health, housing, education, human services, basic needs, employment, civic initiatives, and environmental education, primarily in Minnesota and Wisconsin’s St. Croix Valley. Its 2025 grants ranged from $1,000 to $7.71 million, with a median award of $75,000. It accepts online applications.
Assets
$1.7B
Grants
290
Total Given
$72.5M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds STEM education, basic needs such as hunger and housing, social justice, and environmental protection. Its 2025 grants had a median of $10,000, with awards ranging from $500 to about $1.43 million; funding is concentrated in Ohio, with grants also going to states including Texas, Indiana, Virginia, and West Virginia. It accepts applications only from preselected organizations invited through a local AEP Operating Company and does not accept unsolicited requests.
Assets
$43.6M
Grants
753
Total Given
$23.0M
Puget Sound Energy Foundation
Wilmington, DE
The Puget Sound Energy Foundation funds nonprofits serving communities where PSE has a service or generation presence, primarily in Washington, across household needs, education and workforce pathways, climate resilience, and community safety. Grants vary widely; in 2024 they ranged from $13 to $100,000, with a $500 median, while its 2026 disaster-focused competitive program offers up to $15,000. It generally does not accept unsolicited requests, but eligible local nonprofits can apply through that competitive program.
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
McNabb Foundation
Wilmington, DE
The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
Wilmington, DE
The Raskob Foundation for Catholic Activities supports Catholic organizations, ministries, and projects in the United States and its territories and internationally, across areas such as education, health care, and humanitarian aid. Domestic awards are typically $15,000–$35,000; international grants can be up to $200,000. It does not restrict giving to preselected organizations, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$208.0M
Grants
325
Total Given
$6.2M
Delaware Community Foundation Inc
Wilmington, DE
Delaware Community Foundation funds nonprofits across areas such as health, education, conservation, arts, and youth services, primarily in Delaware, though it also awards grants elsewhere. Its 2025 grants had a median of $21,500, and it invites nonprofits to apply for specific grant programs; the profile does not state whether it accepts general unsolicited requests.
Assets
$392.5M
Grants
323
Total Given
$20.4M
WSFS Cares Foundation
Wilmington, DE
The WSFS CARES Foundation funds qualified nonprofits working in community investment, affordable housing, revitalization and economic empowerment, education and leadership, and services for people in need across Delaware, Pennsylvania, and New Jersey. Its 2024 grants ranged from $1,000 to $100,000, with a median of $5,000. The filing says giving is not restricted to preselected organizations, but does not state whether unsolicited requests are accepted.
Assets
$12.3M
Grants
323
Total Given
$2.7M
More Funders in Delaware
Zimmerman Mindful Asset Foundation down — hundreds of funders to go?