Skip to main content
Filing year 2024

THE GRACO FOUNDATION

Minneapolis, Minnesota·EIN 41-6023537·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$878k
Total assets
$24M
Total expenses
$1.7M
Reported officers
9

Reported officers (all unpaid)

No paid executives reported in 2024. THE GRACO FOUNDATION reported 9 unpaid officers and board members on its 990-PF.

President
Director
Director
Director
Director
Director
Director
Treasurer/ Secretary
Vice President

Grants paid

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

Total granted

$1.6M

Itemized grants

42

Median grant

$10k

RecipientLocationPurposeAmount
SUMMIT ACADEMY OICMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$200k
SCHOLARSHIP AMERICADETROIT, MISCHOLARSHIPS$196k
AMERICAN ONLINE GIVING FOUNDATION - AOGFNEWARK, DEGIFT MATCHING$193k
AVENUES FOR YOUTHMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$150k
MINNESOTA DIVERSIFIED INDUSTRIESMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$150k
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$140k
AMERICAN ONLINE GIVING FOUNDATION - AOGFNEWARK, DEDOLLAR FOR DOERS$96k
ANOKA TECHNICAL COLLEGEANOKA, MNGENERAL OPERATING SUPPORT$80k
ANOKA TECHNICAL COLLEGEANOKA, MNSCHOLARSHIPS$44k
MINNESOTA PRIVATE COLLEGESST PAUL, MNSCHOLARSHIPS$43k
ACHIEVE TWIN CITIESMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$30k
UNIVERSITY OF MINNESOTA - TWIN CITIESMINNEAPOLIS, MNSCHOLARSHIPS$20k
CRISTO REY HIGH SCHOOL (FOR FIRST ROBOTICS)MINNEAPOLIS, MNGENERAL OPERATING SUPPORT$15k
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$15k
HEARTS & HAMMERSST PAUL, MNGENERAL OPERATING SUPPORT$15k
PAGE EDUCATION FOUNDATIONMINNEAPOLIS, MNSCHOLARSHIPS$15k
EDISON HIGH SCHOOL (FOR FIRST ROBOTICS)MINNEAPOLIS, MNGENERAL OPERATING SUPPORT$13k
EDISON HIGH SCHOOL ROBOTICS TEAMMINNEAPOLIS, MNGENERAL OPERATING SUPPORT$13k
ALEXANDRIA TECHNICAL COLLEGEALEXANDRIA, MNSCHOLARSHIPS$10k
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNSCHOLARSHIPS$10k
ERIE INSTITUTE OF TECHNOLOGYERIE, PASCHOLARSHIPS$10k
LAKE AREA TECHNICAL INSTITUTEWATERTOWN, SDSCHOLARSHIPS$10k
MINNEAPOLIS COLLEGE (MCTC)MINNEAPOLIS, MNSCHOLARSHIPS$10k
MOUNTAINLAND TECHNICAL COLLEGELEHI, UTSCHOLARSHIPS$10k
NORTH DAKOTA STATE UNIVERSITY FOUNDATION AND ALUMNI ASSOCIATIONFARGO, NDSCHOLARSHIPS$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE GRACO FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6k
$1.8M
2023
$878k
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

THE GRACO 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 THE GRACO FOUNDATION

What are THE GRACO FOUNDATION's revenue and expenses?

In 2024, THE GRACO FOUNDATION reported $878k in total revenue and $1.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.