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Filing year 2024

TARGET FOUNDATION

Minneapolis, Minnesota·EIN 41-6017088·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$2.8M
Total assets
$73.9M
Total expenses
$25.2M
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. TARGET FOUNDATION reported 8 unpaid officers and board members on its 990-PF.

President & Chair
Trustee
Trustee
Trustee (beg 05/24)
Trustee (beg 03/24)
Secretary
Assistant Treasurer
Treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$23.1M

Itemized grants

125

Median grant

$100k

RecipientLocationPurposeAmount
CAF AMERICAALEXANDRIA, VAECONOMIC OPPORTUNITY - GLOBAL$1M
CO-IMPACT PHILANTHROPIC FUNDS INCNEW YORK CITY, NYECONOMIC OPPORTUNITY - GLOBAL$1M
ISSARA INSTITUTE INCVAUGHN, WAECONOMIC OPPORTUNITY - GLOBAL$1M
PEOPLES COURAGE INTERNATIONAL INCWASHINGTON, DCECONOMIC OPPORTUNITY - GLOBAL$1M
THE ACUMEN FUND INCNEW YORK, NYECONOMIC OPPORTUNITY - GLOBAL$1M
COMMON FUTURESAN FRANCISCO, CAECONOMIC OPPORTUNITY - NATIONAL$750k
FIRST NATIONS DEVELOPMENT INSTITUTELONGMONT, COECONOMIC OPPORTUNITY - NATIONAL$750k
POLICYLINKOAKLAND, CAECONOMIC OPPORTUNITY - NATIONAL (ECOSYSTEM)$600k
EARN INCSAN FRANCISCO, CAECONOMIC OPPORTUNITY - NATIONAL$500k
MISSION ASSET FUNDSAN FRANCISCO, CAECONOMIC OPPORTUNITY - NATIONAL$500k
NEIGHBORHOOD TRUST FINANCIAL PARTNERSNEW YORK, NYECONOMIC OPPORTUNITY - NATIONAL$500k
PROSPERITY NOWWASHINGTON, DCECONOMIC OPPORTUNITY - NATIONAL$500k
CAF AMERICAALEXANDRIA, VAECONOMIC OPPORTUNITY - GLOBAL$300k
CHAPEL & YORK FOUNDATION INCNEW YORK, NYECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)$300k
FUND FOR THE CITY OF NEW YORK INCNEW YORK, NYECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)$300k
MYRIAD USA INCNEW YORK, NYECONOMIC OPPORTUNITY - GLOBAL (ECOSYSTEM)$300k
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENTSAN JOSE, CAECONOMIC OPPORTUNITY - NATIONAL$250k
BUILD FROM WITHIN ALLIANCESAINT PAUL, MNECONOMIC OPPORTUNITY - NATIONAL$250k
CHANGE MACHINEBROOKLYN, NYECONOMIC OPPORTUNITY - NATIONAL$250k
DREAMSPRINGALBUQUERQUE, NMECONOMIC OPPORTUNITY - NATIONAL$250k
FEDERATION OF APPLACHIAN HOUSING INCBEREA, KYECONOMIC OPPORTUNITY - NATIONAL$250k
FINANCIAL HEALTH NETWORK INCCHICAGO, ILECONOMIC OPPORTUNITY - NATIONAL$250k
GRAMEEN AMERICA INCJACKSON HTS, NYECONOMIC OPPORTUNITY - NATIONAL$250k
MDC INCDURHAM, NCECONOMIC OPPORTUNITY - NATIONAL$250k
NEW MAJORITY CAPITAL FOUNDATION INCWAKEFIELD, MAECONOMIC OPPORTUNITY - NATIONAL$250k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

TARGET FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$57.4M
$26.4M
2023
$2.8M
$25.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

TARGET FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about TARGET FOUNDATION

What are TARGET FOUNDATION's revenue and expenses?

In 2024, TARGET FOUNDATION reported $2.8M in total revenue and $25.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.