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Top 50 Minnesota Foundations by Assets, 2008
Largest foundations and corporate grantmakers based in Minnesota ranked by 2008 asset size; released October 2009

> Top 50 Minnesota Grantmakers by Grants Paid

This information in printable format

2008
Rank

Foundation/Corporate Grantmaker

2008 Assets

2007 Assets

FY End

2007 Rank

1  

The McKnight Foundation $1,582,042,000 $2,316,874,275   12/31/08 1
2   The Saint Paul Foundation1 $710,435,779 $1,008,411,095  12/31/08 2

3  

Bush Foundation $681,000,000 $900,000,000 12/31/08 3

4  

Otto Bremer Foundation $638,466,755 $615,761,975 12/31/08 6

5  

Fred C. and Katherine B. Andersen Foundation $574,716,301 $817,604,041 12/31/08

4

6  

The Minneapolis Foundation2 $481,178,318 $689,426,201 3/31/09 5

7  

Charles K. Blandin Residuary Trust3 n/a4 $406,640,352 12/31/07 9
8   Northwest Area Foundation $337,607,563 $466,535,191 3/31/09 8
9   Blandin Foundation $331,825,635 $472,839,298 12/31/08 7
10   The Hormel Foundation $223,000,820 $320,382,000 11/30/08 10
11   The Jay and Rose Phillips Family Foundation $185,000,000 $212,000,000 12/31/08 12
12   Catholic Community Foundation in the Archdiocese of Saint Paul and Minneapolis $178,101,406 $191,571,805 6/30/08 14
13   Lutheran Community Foundation $166,000,000 $211,899,088 12/31/08 11
14   J. A. Wedum Foundation3 n/a $161,202,958 12/31/07 17

15  

ClearWay Minnesota $159,669,245 $178,594,993 6/30/08 15

16  

WEM Foundation $153,969,685 $211,899,088 12/31/08 13

17  

The Medtronic Foundation $111,122,797 $40,797,000 4/30/09

18  

F.R. Bigelow Foundation $111,048,625 $175,171,520 12/31/08 16
19   Carl and Eloise Pohlad Family Foundation $110,025,133 $64,203,717 12/31/08 30

20  

Cargill Foundation $108,455,000 $112,565,180 12/31/08 18
21   Alliss Educational Foundation $79,353,969 $111,576,030 12/31/08 19
22   Curtis L. Carlson Family Foundation $73,141,534 $106,965,657 12/31/08 20
23   Thrivent Financial for Lutherans Foundation $72,419,000 $87,509,000 12/31/08 23

24  

I.A. O'Shaughnessy Foundation, Incorporated $70,000,000 $105,000,000 12/31/08 21
25   General Mills Community Action $63,433,021 $57,937,864 5/31/09 36
26   Andreas Foundation $61,610,508 $84,570,407 11/30/08 25

27  

Jerome Foundation $59,931,997 $84,856,848 4/30/09 24
28   Central Minnesota Community Foundation $58,508,570 $59,676,872 6/30/08 33  
29   Opus Foundation $58,000,000 $76,778,994 12/31/08 26
30   Richard M. Schulze Family Foundation $57,116,351 $85,662,443 12/31/08
31   Hardenbergh Foundation $56,914,000 $75,449,071 12/31/08 27

32  

Northland Foundation $54,031,761 $59,409,859 6/30/08 34

33 

Hugh J. Andersen Foundation $53,500,000 $90,643,222 2/29/09 22

34  

The Sabes Family Foundation3 n/a $53,435,411 12/31/07 40
35   Patrick and Aimee Butler Family Foundation $49,767,137 $68,518,890 12/31/08 29
36   Southwest Minnesota Foundation $49,374,849 $50,100,000 6/30/08 42

37 

Ted and Roberta Mann Foundation3 n/a $49,142,754 12/31/07 44

38 

George Family Foundation $47,759,292 $60,569,135 12/31/08 32
39   Douglass Brandenborg Family Foundation3 n/a $46,428,123 12/31/07 49
40   Northwest Minnesota Foundation $45,855,876 $42,964,348 6/30/08 48
41   Initiative Foundation $45,296,501 $48,004,519 6/30/08 43
42   West Central Initiative $44,256,483 $44,816,430 6/30/08 46
43   Prospect Creek Foundation n/a $44,189,484 12/31/07
44   Securian Foundation $43,905,581 $41,356,650 12/31/08 50

45  

The Wasie Foundation n/a $42,609,237 12/31/07

46  

Mithun Family Foundation $40,475,691 $58,806,919 12/31/08 35
47   Mardag Foundation $40,181,057 $62,110,725 12/31/08 31

48  

Duluth Superior Area Community Foundation $37,961,483 $53,178,588 12/31/08 39
49   Blue Cross and Blue Shield of Minnesota Foundation $37,207,718 $55,225,990 12/31/08 37
50   Southern Minnesota Initiative Foundation $36,875,781 $32,043,537 6/30/08 —  

1 The Saint Paul Foundation includes the Minnesota Community Foundation, J. Paper Foundation, and L. and A.F. Paper Foundation.
2 The Minneapolis Foundation includes Robins, Kaplan, Miller & Ciresi Foundation for Children and Nonprofits Assistance Fund.
3 Asset figures are for 2007, the latest year for which data are available.
4 Data not available.

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