Foundations HQ'd Here
3,492
Foundations Funding Here
11,331
Total Annual Giving
$8.3B
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 | 2,037 | $4.5B | $2.2M | |
| Rochester, MN | 105 | $2.3B | $21.7M | |
| St. Cloud, MN |
$743.3M in annual giving
Median Grant Size
$14K
New Grantee Rate
40%
Accept Unsolicited Proposals
70%
Most Recent Filing Year
2026
The typical Minnesota foundation awards grants of $14K. Approximately 40% of Minnesota foundations actively fund new organizations, and 70% accept unsolicited proposals.
Minnesota is home to 3,492 grantmaking foundations with combined annual giving of $8.3B. The median grant from Minnesota foundations is $14K.
$286B
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 | $220.5M | $87.5M | $314K | K31 | unknown |
| 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 |
| MARGARET A CARGILL FOUNDATION | EDEN PRAIRIE | $153.6M | $3.3B | $300K | T20 | National |
MINNEAPOLIS
$304M
$5.5B
$255K
MINNEAPOLIS
$226.8M
$1.2B
$20K
BROOKLYN PARK
$220.5M
$87.5M
$314K
MINNEAPOLIS
$177M
$209.1M
$20K
EDEN PRAIRIE
$153.6M
$3.3B
$300K
| 62 |
| $49.9M |
| $804K |
| Brainerd, MN | 61 | $7.6M | $124K |
| Mankato, MN | 58 | $24.4M | $421K |
| Faribault-Northfield, MN | 44 | $14.4M | $326K |
| New Ulm, MN | 42 | $4.7M | $112K |
| Winona, MN | 36 | $49.4M | $1.4M |
| Fergus Falls, MN | 36 | $11.7M | $324K |
| Willmar, MN | 27 | $6.3M | $232K |
$3.3B in annual giving
$1.4B in annual giving
$53M in annual giving
$171.4M in annual giving
$156.1M in annual giving
$40.8M in annual giving
$2.4B in annual giving
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