Foundations HQ'd Here
2,548
Foundations Funding Here
11,346
Total Annual Giving
$8.1B
Total Assets Under Management
| Foundation | City | Annual Giving | Total Assets | Median Grant | NTEE | Scope |
|---|---|---|---|---|---|---|
| MAYO CLINIC GROUP RETURN | ROCHESTER | $1.7B | $17.9B | $18K | E21 | National |
| MAYO CLINIC | ROCHESTER | $572.1M | $26.7B | $52K | E21 | National |
| WEM FOUNDATION | MINNEAPOLIS | $359.5M |
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Top 10 metro areas by foundation count
| Metro Area | Foundations | Total Annual Giving | Avg Grant Size | |
|---|---|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 2,025 | $4.5B | $2.2M | |
| Rochester, MN | 103 | $2.3B | $22.1M | |
| St. Cloud, MN |
$718.7M in annual giving
Median Grant Size
$14K
New Grantee Rate
40%
Accept Unsolicited Proposals
75%
Most Recent Filing Year
2026
The typical Minnesota foundation awards grants of $14K. Approximately 40% of Minnesota foundations actively fund new organizations, and 75% accept unsolicited proposals.
Minnesota is home to 2,548 grantmaking foundations with combined annual giving of $8.1B. The median grant from Minnesota foundations is $14K.
$264.9B
Median Grant Size
$14K
| — |
| $125K |
| — |
| Regional |
| UNIVERSITY OF MINNESOTA FOUNDATION | MINNEAPOLIS | $304M | $5.5B | $255K | B110 | Local |
| THE MINNEAPOLIS FOUNDATION | MINNEAPOLIS | $226.8M | $1.2B | $20K | T310 | Regional |
| SECOND HARVEST HEARTLAND | BROOKLYN PARK | $207.9M | $123.1M | $314K | K31 | unknown |
| SAINT PAUL & MINNESOTA FOUNDATION | ST PAUL | $193.2M | $1.6B | $22K | T310 | Regional |
| EDUCATIONAL CREDIT MANAGEMENT CORPORATION | MINNEAPOLIS | $177M | $209.1M | $20K | W600 | National |
| ANNE RAY FOUNDATION | EDEN PRAIRIE | $167M | $5B | $1M | T30 | National |
| Wells Fargo Foundation | MINNEAPOLIS | $157.5M | $8.6M | $228.4M | T21 | Local |
MINNEAPOLIS
$304M
$5.5B
$255K
MINNEAPOLIS
$226.8M
$1.2B
$20K
BROOKLYN PARK
$207.9M
$123.1M
$314K
ST PAUL
$193.2M
$1.6B
$22K
MINNEAPOLIS
$177M
$209.1M
$20K
| 62 |
| $47.7M |
| $769K |
| Brainerd, MN | 60 | $4.6M | $77K |
| Mankato, MN | 58 | $22.4M | $387K |
| Faribault-Northfield, MN | 44 | $14.5M | $330K |
| New Ulm, MN | 42 | $3.9M | $94K |
| Fergus Falls, MN | 36 | $9.7M | $271K |
| Winona, MN | 35 | $21.2M | $604K |
| Hutchinson, MN | 26 | $7M | $271K |
$3.2B in annual giving
$1.4B in annual giving
$49M in annual giving
$171.5M in annual giving
$233.8M in annual giving
$150.3M in annual giving
$2.2B in annual giving
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