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Top 25 Minnesota Corporate Grantmakers, 2003
Ranked by 2003 grants and program-related investments paid

Updated November 30, 2004

Rank

Corporate Foundation/Giving Program

2003 Grants
PRIs Paid

Fiscal Year End

2002 Rank

1

Target Foundation & Corporation

$96,300,000

1/31/2004

1

2

General Mills Community Action

$60,496,885

5/31/2004

2

3

Medtronic Foundation & Corporation

$29,844,818

4/30/2004

3

4

Cargill & Cargill Foundation

$27,896,000

5/31/2004 & 12/31/2003
respectively

5

5

Thrivent Financial for Lutherans Foundation & Corporation

$22,600,704

12/31/2003

13

6

3M Foundation & Corporation

$20,972,499

12/31/2003

6

7

US Bancorp Foundation & Corporation

$19,723,188

12/31/2003

4

8

Best Buy Children's Foundation & Corporation

$14,181,145

2/28/2004

7

9

St Paul Travelers, Inc Foundation & Corporation

$10,729,222

12/31/2003

8

10

Xcel Energy Foundation & Corporation

$9,498,387

12/31/2003

12

11

Wells Fargo Foundation Minnesota & Wells Fargo Bank Minnesota (1)

$8,600,000

12/31/2003

9

12

Shakopee Mdewakanton Sioux Community

$7,876,649

12/31/2003

N/A

13

American Express Minnesota Philanthropic Program

$3,609,500

12/31/2003

10

14

Bemis Company Foundation

$3,571,275

12/31/2003

14

15

United Health Foundation

$3,536,242

12/31/2003

N/A

16

Ecolab Foundation and Corporation

$3,439,710

12/31/2003

17

17

Star Tribune Foundation

$3,000,000

12/31/2003

16

18

RBC Dain Rauscher Foundation

$2,654,000

10/31/2003

19

19

St Jude Medical Foundation

$2,468,076

12/31/2003

20

20

Deluxe Corporation Foundation/Deluxe Corporation

$2,225,000

12/31/2003

18

21

The Bayport Foundation of Andersen Corporation

$2,079,767

11/30/2003

N/A

22

TCF Foundation

$2,068,408

12/31/2003

21

23

Blue Cross and Blue Shield of Minnesota Foundation

$1,963,604

12/31/2003

N/A

24

ADC Foundation

$1,862,306

10/31/2003

15

25

Land O'Lakes Foundation

$1,856,618

12/31/2003

N/A
(1) Includes grants made in Minnesota only.  Wells Fargo Corporation's overall giving was $83 million in 2003.  Wells Fargo Foundation's asset figures are nationalin scope and thus are not listed here.

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