Prospect Creek Foundation concentrates its giving on K–12 education in Minnesota, providing substantial operational and program support to school-focused organizations and advocacy groups, while making occasional large, targeted gifts outside the state (notably a major gift to UCSF's breast oncology program). Its grants are large and concentrated, often repeated to the same beneficiaries, suggesting a small portfolio of priority grantees rather than broad, diffuse funding.
Prospect Creek Foundation’s recent giving is defined by a sharp concentration in Minnesota K–12 education, with repeated operating support for school advocacy and school operators alongside a smaller set of gifts to cultural and health institutions. The foundation’s largest recent transfer was a $3,000,000 operational grant to Schwab Charitable (dba Giving360), which appears in the record as a donor-advised fund transfer rather than a program grant. Among its education priorities, Great MN Schools received $1,200,000 in 2025 after prior grants of $1,006,000 in 2024 and $888,600 in 2023, showing a multi-year relationship. Summit Academy also appears repeatedly, including a $550,000 grant in 2025 and earlier support of $300,000 and $250,000. Outside education, the foundation made a targeted $1,900,000 grant to the UCSF Foundation for the breast oncology program, indicating that its portfolio includes at least one major health-related commitment in addition to Minnesota-based schooling. The pattern is a small set of recurring recipients rather than many one-off gifts.
In Minnesota K–12 school advocacy and policy, Prospect Creek Foundation gave $1,200,000 to Great MN Schools in 2025 for operational support, following earlier operational grants of $1,006,000 in 2024 and $888,600 in 2023. For charter and alternative school operations, Summit Academy received $550,000 in 2025, after $300,000 in 2024 and $250,000 in 2023, all marked operational. The foundation also supported school-related institutions beyond direct education services: Blake School received $25,000 in 2023 and $15,000 in 2025, while Princeton University received $35,000 in 2023 and $25,065 in 2025. Its broader Minnesota portfolio includes cultural and civic organizations such as Guthrie Theater, Walker Art Center, Minnesota Orchestra, and Minneapolis Institute of Arts, each funded with operational grants.
Prospect Creek Foundation’s grants cluster around a small set of sizes, with a 25th percentile of $1,250, a median of $3,250, and a 75th percentile of $14,778. The recent record shows both very large transfers and many smaller operating grants. Recipients often reappear across years: Great MN Schools, Summit Academy, Minnesota Orchestra, Minneapolis Institute of Arts, Blake School, Princeton University, and Santa Barbara Museum of Art all appear more than once. The foundation also makes donor-advised fund transfers, as shown by the $3,000,000 grant to Schwab Charitable (dba Giving360). Program-related investments are not part of the profile.
$4.9M
$25M
$865K
$4.9M
Most grants fall between $1K and $15K, with a median of $3K.
25th Percentile
$1K
Median
$3K
75th Percentile
$15K
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Concentrated, high-dollar giving to a small set of repeat grantees — multiple multi-million-dollar grants and operational support dominate, with occasional large one-off gifts to national institutions.
Notable grantees: Great MN Schools, Summit Academy, UCSF Foundation, Schwab Charitable (DAFGiving360)
Giving is heavily weighted to Minnesota, which accounts for 70% of grants and is also the top state by grant count. Minneapolis is the main recipient city, appearing repeatedly through grants to Great MN Schools, Summit Academy, Guthrie Theater, Walker Art Center, Minneapolis Institute of Arts, Minnesota Orchestra, and Planned Parenthood. Outside Minnesota, grants go to San Francisco, Princeton, Stanford, Ojai, Claremont, Santa Barbara, and Philadelphia. All recorded grants in the dataset are to U.S. recipients.
Its most visible pattern is operational support for Minnesota K–12 education organizations, especially Great MN Schools and Summit Academy. The record also includes operational grants to cultural institutions in Minneapolis and a targeted grant to the UCSF Foundation for a breast oncology program.
Yes. Great MN Schools appears in 2023, 2024, and 2025; Summit Academy appears in the same three years; and several other recipients, including Minneapolis Institute of Arts, Minnesota Orchestra, Princeton University, and Santa Barbara Museum of Art, also receive multiple grants.
The grant-size distribution centers on modest awards: the 25th percentile is $1,250, the median is $3,250, and the 75th percentile is $14,778. The file also includes much larger gifts, including $1,900,000 and $3,000,000 transfers.
Minnesota is the top state by grant count, and 70% of grants go to recipients in the foundation’s headquarters state. Minneapolis is the most common recipient city in the recent grants list.
The largest recent grant is a $3,000,000 operational transfer to Schwab Charitable (dba Giving360), which is recorded as a donor-advised fund transfer rather than a program grant.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| SCHWAB CHARITABLE (DAFGIVING360) | SAN FRANCISCO, CA | $3,000,000 | 2025 | OPERATIONAL |
| GREAT MN SCHOOLS | MINNEAPOLIS, MN | $1,200,000 | 2025 | OPERATIONAL |
| SUMMIT ACADEMY | MINNEAPOLIS, MN | $550,000 | 2025 | OPERATIONAL |
| PRINCETON UNIVERSITY | PRINCETON, NJ | $25,065 | 2025 | OPERATIONAL |
| MINNEAPOLIS INSTITUTE OF ARTS | MINNEAPOLIS, MN | $20,000 | 2025 | OPERATIONAL |
| BLAKE SCHOOL | MINNEAPOLIS, MN | $15,000 | 2025 | OPERATIONAL |
| ETC FOUNDATION | SANTA BARBARA, CA | $7,500 | 2025 | OPERATIONAL |
| SANTA BARBARA MUSEUM OF ART | SANTA BARBARA, CA | $5,000 | 2025 | OPERATIONAL |
| SANTA BARBARA COTTAGE HOSPITAL FOUNDATION | SANTA BARBARA, CA | $5,000 | 2025 | OPERATIONAL |
| MINNESOTA OPERA | MINNEAPOLIS, MN | $5,000 | 2025 | OPERATIONAL |
| ST PAUL CHAMBER ORCHESTRA | ST PAUL, MN | $5,000 | 2025 | OPERATIONAL |
| MINNESOTA PUBLIC RADIO | ST PAUL, MN | $4,000 | 2025 | OPERATIONAL |
| TWIN CITIES PUBLIC TELEVISION | ST PAUL, MN | $3,000 | 2025 | OPERATIONAL |
| MINNESOTA LANDSCAPE ARBORETUM FOUNDATION | CHASKA, MN | $3,000 | 2025 | OPERATIONAL |
| MINNETONKA CENTER FOR THE ARTS | WAYZATA, MN | $2,500 | 2025 | OPERATIONAL |
| MINNESOTA ZOO | APPLE VALLEY, MN | $2,500 | 2025 | OPERATIONAL |
| THEATER LATTE DA | MINNEAPOLIS, MN | $2,000 | 2025 | OPERATIONAL |
| MINNESOTA HISTORICAL SOCIETY | ST PAUL, MN | $2,000 | 2025 | OPERATIONAL |
| CHILDREN'S THEATRE COMPANY | MINNEAPOLIS, CA | $1,000 | 2025 | OPERATIONAL |
| GRAYWOLF PRESS | ST PAUL, MN | $1,000 | 2025 | OPERATIONAL |
| UCSF FOUNDATION | SAN FRANCISCO, CA | $1,900,000 | 2024 | BREAST ONCOLOGY PROGRAM |
| GREAT MN SCHOOLS | MINNEAPOLIS, MN | $1,006,000 | 2024 | OPERATIONAL |
| SUMMIT ACADEMY | MINNEAPOLIS, MN | $300,000 | 2024 | OPERATIONAL |
| GUTHRIE THEATER | MINNEAPOLIS, MN | $75,000 | 2024 | OPERATIONAL |
| WALKER ART CENTER | MINNEAPOLIS, MN | $52,114 | 2024 | OPERATIONAL |
| MINNEAPOLIS HEART INSTITUTE FOUNDATION | MINNEAPOLIS, MN | $50,000 | 2024 | OPERATIONAL |
| MINNEAPOLIS INSTITUTE OF ARTS | MINNEAPOLIS, MN | $20,000 | 2024 | OPERATIONAL |
| MINNESOTA ORCHESTRA | MINNEAPOLIS, MN | $15,000 | 2024 | OPERATIONAL |
| SANTA BARBARA MUSEUM OF ART | SANTA BARBARA, CA | $14,114 | 2024 | OPERATIONAL |
| MINNESOTA OPERA | MINNEAPOLIS, MN | $5,000 | 2024 | OPERATIONAL |
| SCIENCE MUSEUM OF MINNESOTA | ST PAUL, MN | $5,000 | 2024 | OPERATIONAL |
| THE ETC THEATER | CHICAGO, IL | $5,000 | 2024 | OPERATIONAL |
| THE LAND TRUST FOR SANTA BARBARA | SANTA BARBARA, CA | $5,000 | 2024 | OPERATIONAL |
| SANTA BARBARA COTTAGE HOSPITAL FOUNDATION | SANTA BARBARA, CA | $5,000 | 2024 | OPERATIONAL |
| MINNESOTA PUBLIC RADIO | ST PAUL, MN | $4,000 | 2024 | OPERATIONAL |
| GREATER MINNEAPOLIS CRISIS NURSERY | MINNEAPOLIS, MN | $3,500 | 2024 | OPERATIONAL |
| MINNESOTA LANDSCAPE ARBORETUM FOUNDATION | CHASKA, MN | $3,000 | 2024 | OPERATIONAL |
| TWIN CITIES PUBLIC TELEVISION | ST PAUL, MN | $3,000 | 2024 | OPERATIONAL |
| UNIVERSITY OF CALIFORNIA | OAKLAND, CA | $2,500 | 2024 | OPERATIONAL |
| MINNETONKA CENTER FOR THE ARTS | WAYZATA, MN | $2,500 | 2024 | OPERATIONAL |
| MINNESOTA HISTORICAL SOCIETY | ST PAUL, MN | $2,000 | 2024 | OPERATIONAL |
| COMMUNITY ARTS MUSIC ASSOCIATION OF SANTA BARBARA | SANTA BARBARA, CA | $2,000 | 2024 | OPERATIONAL |
| WAYZATA FIRE DEPARTMENT | WAYZATA, MN | $1,000 | 2024 | OPERATIONAL |
| UNIVERSITY OF MINNESOTA FOUNDATION | MINNEAPOLIS, MN | $1,000 | 2024 | OPERATIONAL |
| GRAYWOLF PRESS | ST PAUL, MN | $1,000 | 2024 | OPERATIONAL |
| GREAT MN SCHOOLS | MINNEAPOLIS, MN | $888,600 | 2023 | OPERATIONAL |
| SUMMIT ACADEMY | MINNEAPOLIS, MN | $250,000 | 2023 | OPERATIONAL |
| GUTHRIE THEATER | MINNEAPOLIS, MN | $175,000 | 2023 | OPERATIONAL |
| PRINCETON UNIVERSITY | PRINCETON, NJ | $35,000 | 2023 | OPERATIONAL |
| BLAKE SCHOOL | MINNEAPOLIS, MN | $25,000 | 2023 | OPERATIONAL |
SCHWAB CHARITABLE (DAFGIVING360)
$3,000,000OPERATIONAL
MINNEAPOLIS INSTITUTE OF ARTS
$20,000OPERATIONAL
BLAKE SCHOOL
$15,000OPERATIONAL
ETC FOUNDATION
$7,500OPERATIONAL
SANTA BARBARA MUSEUM OF ART
$5,000OPERATIONAL
ST PAUL CHAMBER ORCHESTRA
$5,000OPERATIONAL
MINNETONKA CENTER FOR THE ARTS
$2,500OPERATIONAL
MINNESOTA ZOO
$2,500OPERATIONAL
CHILDREN'S THEATRE COMPANY
$1,000OPERATIONAL
WALKER ART CENTER
$52,114OPERATIONAL
MINNEAPOLIS INSTITUTE OF ARTS
$20,000OPERATIONAL
MINNESOTA ORCHESTRA
$15,000OPERATIONAL
SANTA BARBARA MUSEUM OF ART
$14,114OPERATIONAL
THE ETC THEATER
$5,000OPERATIONAL
UNIVERSITY OF CALIFORNIA
$2,500OPERATIONAL
MINNETONKA CENTER FOR THE ARTS
$2,500OPERATIONAL
COMMUNITY ARTS MUSIC ASSOCIATION OF SANTA BARBARA
$2,000OPERATIONAL
WAYZATA FIRE DEPARTMENT
$1,000OPERATIONAL
GRAYWOLF PRESS
$1,000OPERATIONAL
BLAKE SCHOOL
$25,000OPERATIONAL