NORTHWEST MINNESOTA FOUNDATION

EIN 411556013 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$9.16M
at fiscal year end
Grants out
$343K
from DAF accounts
Contributions in
$164K
received into DAFs
Payout rate
3.7%
median is 12.5%
Accounts
30
funds held at year end
Average account
$305K
assets per fund

At 3.7%, this sponsor granted less than the 5% a private foundation is legally required to distribute, and paid out about one third of the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$5.6M
FY2019
$8.1M
FY2020
$9.3M
FY2021
$9.3M
FY2022
$9.2M
FY2023

Grants paid by year

$351K
FY2019
$158K
FY2020
$430K
FY2021
$348K
FY2022
$343K
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 922 grant lines totalling $21.3M across 2019–2024 — $23K per line.

$5K of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Boys & Girls Club Of Red LakeEIN 411935631 MN$516K
Greater Bemidji IncEIN 363367707 MN$440K
Bemidji Area School District #31EIN 416000181 MN$404K
Inter-County Community Council IncEIN 410888083 MN$330K
Lifecare Medical CenterEIN 411804205 MN$325K
Warroad Public SchoolsEIN 416003720 MN$271K
4-Directions Development IncEIN 811754928 MN$270K
Minnesota Housing PartnershipEIN 411649643 MN$265K
Win-E-Mac School Dist #2609EIN 411694266 MN$261K
White Earth Band Of Chippewa IndiansEIN 411737979 MN$257K
United WayEIN 411567744 MN$255K
Firefly Center For The Arts And WellbeingEIN 882714489 MN$244K
Southwest Minnesota State UniversityEIN 411687554 MN$217K
Heartland Lakes Development CommissEIN 204208381 MN$205K
Agassiz Audubon SocietyEIN 411434405 MN$202K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.