BEST BUY FOUNDATION
RICHFIELD,
Minnesota,
55423
EIN: 41-1784382
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
7601 PENN AVE SOUTH C/O INCOME TAX
55423
COUNTY
hennepin county, MN
IN CARE OF NAME
MAT WATSON
ORGANIZATIONAL OVERVIEW & RANKINGS
BEST BUY FOUNDATION is a based in RICHFIELD, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes . Established in June 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $58,329,256.00, this ranks 16,079 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 377 out of 53,624 organizations in MN (Top 1%).
In hennepin county, MN, the organization ranks 158 out of 13,125 nonprofits by assets (Top 2%), while locally in richfield, it stands at 1 among 175 organizations (Top 1%).
The organization reported no revenue in the most recent filing period, placing it at 1,805,999 nationally and 39,711 in MN.
Within its specific NTEE classification (T70I - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 74 similar organizations, BEST BUY FOUNDATION ranks 2 in assets (Top 2%) and 50 in revenue (Top 50%).
The organization files a 990 - Not required to file(all other) and operates on a January fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
02/2023
ACCOUNTING PERIOD
02
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$19,991,487.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/1995
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$58,329,256.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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