About Sit Investment Associates Foundation
The Sit Investment Associates Foundation concentrates its giving on large, local investments that build community infrastructure in Minnesota. Grants are directed to capital and operating support for civic institutions—especially sports/recreation facilities, university building projects, and veterans’ cultural organizations—often in the Twin Cities area. The foundation makes few but sizable gifts and shows repeat support for preferred partners.
Focus Areas
Community sports and recreation facilities (e.g., V3 Sports complex)University campus infrastructure and capital projects (University of Minnesota/Carlson building connections)Veterans’ history and museum support (Minnesota Military & Veterans Museum)Operating support for local civic institutions and cultural organizations
Who They Fund
Twin Cities / Minnesota local communitiesUniversity institutions and campus users (University of Minnesota)veterans and military familiesLocal civic and cultural organizations
About Sit Investment Associates Foundation
A $785,000 operating grant to the University of Minnesota Foundation for the Connecting Carlson Building Project is the clearest window into Sit Investment Associates Foundation’s approach: it backs local institutions with large, place-based support, often for capital or operating needs. The foundation’s recent giving also shows repeated commitments to V3 Sports, including grants of $500,000 in 2024, $250,000 in 2025, and $250,000 in 2023, pointing to relationship-based funding rather than one-off awards. Across the recent grants list, its dollars flow to civic and educational organizations, veterans’ history groups, food access providers, and community recreation efforts. Those awards are typically operating grants, and they are concentrated in Minnesota organizations, especially in the Twin Cities area. The foundation’s profile fits a funder that supports visible community infrastructure and recurring local partners, rather than a broad national portfolio. Recent gifts to the Minnesota Military & Veterans Museum, Second Harvest Heartland, and Sharing & Caring Hands show that the foundation funds both cultural institutions and basic-needs organizations, with an emphasis on institutions serving Minnesota communities.
What Sit Investment Associates Foundation Funds
The foundation’s community infrastructure work includes recreation, campus projects, and civic organizations. In recreation, it gave $500,000 to V3 Sports in 2024 and another $250,000 in 2025, both designated as operating support. In higher education, it supported the University of Minnesota Foundation with $150,000 in 2024 and $100,000 in 2023, alongside the larger $785,000 Connecting Carlson Building Project gift. Veterans’ history is another visible area: the Minnesota Military & Veterans Museum received $250,000 in 2024, $200,000 in 2023, and $150,000 in 2023. The foundation also funded food and human services organizations such as Second Harvest Heartland, Food Group The, and Loaves & Fishes, all through operating grants.
How Sit Investment Associates Foundation Gives
Typical grants are modest to mid-sized, with a p25 of $2,000, a median of $5,000, and a p75 of $20,000, even though the recent grants list includes much larger operating gifts. The pattern is relationship-based: several recipients appear in multiple years, including V3 Sports, the University of Minnesota Foundation, and the Minnesota Military & Veterans Museum. The foundation is an operating grantmaker rather than a program-related-investment funder, and its active grant pages include community grants, scholarships, fellowships, and general grantmaking. Unsolicited applications are accepted for the community grants program and for grant opportunities pages tied to nonprofit support.
Financial Snapshot
Annual Giving
$3.2M
Total Assets
$42.2M
Total Revenue
$4.4M
Total Expenses
$3.3M
Typical Grant Size
Most grants fall between $2K and $20K, with a median of $5K.
25th Percentile
$2K
Median
$5K
75th Percentile
$20K
Geographic Reach
Local14 states funded
Funding intensity
LowHigh
Headquarters
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