Fortis Capital
Funding Overview
From IRS Form 990 filings · 2022–2025
Total received
$652K
Foundation funders
9
Grants recorded
18
Years covered
2022–2025
Who funds Fortis Capital?
Fortis Capital is funded by 9 grantmakers, led by The McKnight Foundation ($215K), The Jay and Rose Phillips Family ($151K), Rooted Philanthropic ($120K). In total, IRS Form 990 filings record $652K in grants to Fortis Capital between 2022–2025.
| Funder | Total given | Grants | Years |
|---|---|---|---|
| The McKnight Foundation | $215,000 | 3 | 2022–2024 |
| The Jay and Rose Phillips Family | $151,000 | 2 | 2023–2024 |
| Rooted Philanthropic | $120,000 | 1 | 2024 |
| Target Foundation | $50,000 | 2 | 2024–2025 |
| The Minneapolis Foundation | $50,000 | 1 | 2024 |
| Mortenson Family Foundation | $45,000 | 6 | 2023–2024 |
| Grapevine giving foundation | $8,055 | 1 | 2024 |
| Local Initiatives Support Corporation | $7,500 | 1 | 2024 |
| Baker Tilly Foundation | $5,000 | 1 | 2024 |
Funding over time
Grant dollars and counts received per year
From 2022 to 2025, annual grant giving ranged from $15K (2022) to $491K (2024). In 2025 it made 1 grant totaling $25K.
What grants has Fortis Capital received?
Individual grants from IRS Form 990 filings, newest first
| Year | Funder | Purpose | Amount |
|---|---|---|---|
| 2025 | Target Foundation | ECONOMIC OPPORTUNITY - HOMETOWN | $25,000 |
| 2024 | The Jay and Rose Phillips Family | CAPACITY BUILDING SUPPORT FOR LENDING CAPITAL AND OPERATIONS | $150,000 |
| 2024 | Rooted Philanthropic | GENERAL SUPPORT | $120,000 |
| 2024 | The McKnight Foundation | for general operating support | $100,000 |
| 2024 | The Minneapolis Foundation | GENERAL | $50,000 |
| 2024 | Target Foundation | ECONOMIC OPPORTUNITY - HOMETOWN | $25,000 |
| 2024 | Mortenson Family Foundation | UNRESTRICTED | $15,000 |
| 2024 | Grapevine giving foundation | operating fund and general assistance. | $8,055 |
| 2024 | Local Initiatives Support Corporation | SEE PART IV | $7,500 |
| 2024 | Baker Tilly Foundation | CHARITABLE PURPOSE | $5,000 |
| 2024 | Mortenson Family Foundation | UNRESTRICTED | $5,000 |
| 2024 | Mortenson Family Foundation | UNRESTRICTED | $5,000 |
| 2023 | The McKnight Foundation | For general operating support to sustain and grow Fortis Capital's activities increasing access to financial, knowledge, and social capital for BIPOC-owned businesses and businesses in economically challenged areas of the Minneapolis-Saint Paul metro | $100,000 |
| 2023 | Mortenson Family Foundation | UNRESTRICTED | $10,000 |
| 2023 | Mortenson Family Foundation | UNRESTRICTED | $5,000 |
| 2023 | Mortenson Family Foundation | UNRESTRICTED | $5,000 |
| 2023 | The Jay and Rose Phillips Family | PRELIMINARY SUPPORT | $1,000 |
| 2022 | The McKnight Foundation | For general operating support in recognition of Fortis Capital's participation in GroundBreak coalition's work groups | $15,000 |
Frequently Asked Questions
Who funds Fortis Capital?
Fortis Capital is funded by 9 grantmakers, led by The McKnight Foundation ($215K), The Jay and Rose Phillips Family ($151K), Rooted Philanthropic ($120K). In total, IRS Form 990 filings record $652K in grants to Fortis Capital between 2022–2025.
Who is Fortis Capital's largest funder?
The McKnight Foundation is the largest recorded funder of Fortis Capital, with $215K across 3 grants (2022–2024).
How much grant funding has Fortis Capital received?
IRS 990 filings record $652K in grants to Fortis Capital across 18 grants from 9 funders between 2022–2025. Filings are published on a delay, so recent grants may not appear yet.
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Grant data is drawn from IRS Form 990 filings via Grantable's GrantGraph™. Filings are published on a delay; recent grants may not appear yet.
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