From public IRS filings
PROPEL NONPROFITS
MINNEAPOLIS, MN · Philanthropy & Voluntarism
Mission
TO FUEL THE IMPACT AND EFFECTIVENESS OF NONPROFITS WITH GUIDANCE, EXPERTISE, AND CAPITAL.
Financials (IRS Form 990)
Total revenue
$23M
Total expenses
$12.6M
Total assets
$61.7M
Program expense ratio
86%
Source: IRS Form 990, tax year 2024.
Who funds PROPEL NONPROFITS
$26.3M in foundation grants on record from 52 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Mcknight Foundation | $8.5M | 31 |
| Chicago Community Trust | $8M | 1 |
| Margaret A Cargill Foundation | $1.8M | 2 |
| Minneapolis Foundation | $1.6M | 15 |
| Fidelity Investments Charitable Gift Fund | $1.1M | 4 |
| Target Foundation | $700K | 4 |
| Saint Paul & Minnesota Foundation | $617K | 3 |
| Otto Bremer Trust | $430K | 5 |
| Bush Foundation | $420K | 4 |
| Opportunity Finance Network | $300K | 1 |
Leadership
HENRY JIMENEZ — PRESIDENT (Principal officer)
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