THE MINNEAPOLIS FOUNDATION

EIN 416029402 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$601.82M
at fiscal year end
Grants out
$86.24M
from DAF accounts
Contributions in
$56.33M
received into DAFs
Payout rate
14.3%
median is 12.5%
Accounts
981
funds held at year end
Average account
$613K
assets per fund

At 14.3%, this sponsor paid out above the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$401.5M
FY2019
$550.3M
FY2020
$592.8M
FY2021
$560.6M
FY2022
$601.8M
FY2023

Grants paid by year

$65.7M
FY2019
$76.1M
FY2020
$76.9M
FY2021
$68.0M
FY2022
$86.2M
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 6,984 grant lines totalling $575.9M across 2019–2024 — $82K per line.

$35.3M of this sponsor’s grants went to other DAF sponsors — 6% 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
Great Mn SchoolsEIN 811733895 MN$24.9M
University of Minnesota Foundation runs a DAF programEIN 416042488 MN$16.7M
Vanguard Charitable Endowment Program - A1064887 runs a DAF programEIN 232888152 RI$15.6M
Minneapolis Parks FoundationEIN 200715686 MN$13.6M
The Nature Conservancy runs a DAF programEIN 530242652 IA$8.0M
Minnesota Adult & Teen Challenge IncEIN 411517351 MN$7.9M
West Broadway Area CoalitionEIN 411985423 MN$6.5M
Greater Twin Cities United WayEIN 411973442 MN$6.3M
Second Harvest HeartlandEIN 237417654 MN$6.2M
Minnesota Council On FoundationsEIN 411269275 MN$6.2M
Pillsbury United CommunitiesEIN 410916478 MN$5.0M
Mayo Clinic Rochester runs a DAF programEIN 416011702 MN$5.0M
Hennepin Healthcare FoundationEIN 410845733 MN$4.8M
Community Foundation Of Broward Inc runs a DAF programEIN 592477112 FL$4.4M
Trustees Of Dartmouth College runs a DAF programEIN 020222111 NH$4.3M

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.