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DEMOGRAPHIC

ADDRESS
80 SOUTH EIGHT STREET
55402
COUNTY
hennepin county, MN
IN CARE OF NAME
THE MINNEAPOLIS FOUNDATION

ORGANIZATIONAL OVERVIEW & RANKINGS

MINNEAPOLIS FOUNDATION is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes . Established in September 1926, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1,039,176,403.00, this ranks 1,313 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 41 out of 53,624 organizations in MN (Top 1%).

In hennepin county, MN, the organization ranks 18 out of 13,125 nonprofits by assets (Top 1%), while locally in minneapolis, it stands at 12 among 6,505 organizations (Top 1%).

The organization reported annual revenue of $115,302,787.00, ranking 4,087 nationally (Top 1%) and 95 in MN (Top 1%).

Within its specific NTEE classification (T310 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 236 similar organizations, MINNEAPOLIS FOUNDATION ranks 17 in assets (Top 6%) and 24 in revenue (Top 8%).

The organization files a 990 (all other) or 990EZ return and operates on a February 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
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
03/2023
ACCOUNTING PERIOD
03
INCOME CODE
9: $50,000,000 to greater
INCOME AMOUNT
$264,620,090.00
FORM 990 REVENUE AMOUNT
$115,302,787.00
RULING DATE
09/1926
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$1,039,176,403.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 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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