| PROJECT DRAWDOWN | Saint Paul | B99 Education | $8.3M | 5 |
| MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC | Minneapolis | — | $8.3M | 10 |
| Rosenau Family Research Foundation | Waseca | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $8.2M | 2 |
| PIPE TRADES HEALTH CARE SERVICES INC | White Bear Lake | J40 Employment | $8.2M | 0 |
| DULUTH GRADUATE MEDICAL EDUCATION COUNCIL INC | Duluth | — | $8.2M | 0 |
| URBAN ACADEMY | St Paul | B24 Education | $8.2M | 4 |
| ST JOHN LUTHERAN HOME | Springfield | P750 Human Services | $8.2M | 1 |
| CLARE HOUSING | Minneapolis | P74 Human Services | $8.2M | 1 |
| MIDWEST RENEWABLE ENERGY TRACKING SYSTEM INC | Minneapolis | C20 Environment | $8.2M | 8 |
| Universal Academy | Minneapolis | B29 Education | $8.2M | 3 |
| NORTH LAKES ACADEMY | Forest Lake | B24 Education | $8.2M | 6 |
| CROIXDALE | Roseville | — | $8.1M | 4 |
| ANOKA HENNEPIN CREDIT UNION | Coon Rapids | — | $8.1M | 22 |
| OPPORTUNITY MATTERS INC | Sartell | P73Z Human Services | $8.1M | 3 |
| HUNGER SOLUTIONS MINNESOTA | St Paul | K30 Food, Agriculture & Nutrition | $8.1M | 0 |
| WARROAD CARE CENTER | Warroad | E91Z Health Care | $8.1M | 1 |
| Ronald McDonald House Charities - Upper Midwest | Minneapolis | G30Z Diseases, Disorders & Medical Disciplines | $8.1M | 4 |
| CENTRAL MINNESOTA COUNCIL ON AGING INC | St Cloud | P81Z Human Services | $8M | 2 |
| WOODHILL COUNTRY CLUB | Wayzata | N50 Recreation & Sports | $8M | 4 |
| MINNEAPOLIS SAINT PAUL REGIONAL ECONOMIC DEVELOPMENT PARTNERSHIP | Saint Paul | S30 Community Improvement & Capacity Building | $8M | 9 |
| WOODBURY LEADERSHIP ACADEMY | Woodbury | B90 Education | $8M | 3 |
| Benedictine Living Community of Mora | Mora | E91 Health Care | $8M | 1 |
| ECOLAB FOUNDATION (A/K/A ECOLAB INDUSTRY FOUNDATION) | St Paul | — | $8M | 0 |
| SOLVENTUM CHARITABLE FOUNDATION | Saint Paul | T21 Philanthropy, Voluntarism & Grantmaking Foundations | $8M | 0 |
| BUILDERS ASSOCIATION OF THE TWIN CITIES | Roseville | — | $8M | 7 |
| Aurora Charter School | Minneapolis | B20 Education | $8M | 2 |
| MINNESOTA CHAMBER OF COMMERCE AND INDUSTRY | St Paul | — | $7.9M | 8 |
| VOA REHABILITATION CENTERS INC | Eden Prairie | — | $7.9M | 10 |
| MINNESOTA STATE HIGH SCHOOL LEAGUE GROUP RETURN 9349 | Brooklyn Center | N60Z Recreation & Sports | $7.9M | 0 |
| Minneapolis American Indian Center | Minneapolis | P840 Human Services | $7.9M | 1 |
| BlueSky Charter School | Bloomington | B90 Education | $7.9M | 3 |
| EMERGE COMMUNITY DEVELOPMENT | Minneapolis | — | $7.9M | 6 |
| ASPEN ACADEMY | Savage | B29 Education | $7.9M | 4 |
| Minnesota and Dakotas AFSCME Council 65 | Saint Cloud | — | $7.9M | 15 |
| MISSION ANIMAL HOSPITAL | Eden Prairie | D20 Animal-Related | $7.8M | 6 |
| UNITEDHEALTHCARE CHILDREN'S FOUNDATION | Minneapolis | P60 Human Services | $7.8M | 0 |
| BENEDICTINE LIVING COMMUNITY OF ST PETER | Minneapolis | — | $7.8M | 4 |
| METRO MEALS ON WHEELS INC | Minneapolis | K36 Food, Agriculture & Nutrition | $7.8M | 1 |
| BUILD WEALTH MN INC | Minneapolis | B60 Education | $7.7M | 1 |
| MAPLETON COMMUNITY HOME | Mapleton | P75 Human Services | $7.7M | 1 |
| LYNNE & ANDREW REDLEAF FOUNDATION | Minneapolis | T20 Philanthropy, Voluntarism & Grantmaking Foundations | $7.7M | 1 |
| RED WING CREDIT UNION | Red Wing | — | $7.7M | 9 |
| BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIES | Minneapolis | O31 Youth Development | $7.7M | 3 |
| BEMIDJI STATE UNIVERSITY ALUMNI AND FOUNDATION | Bemidji | B43I Education | $7.7M | 3 |
| GOOD SHEPHERD LUTHERAN HOME | Rushford | — | $7.7M | 2 |
| PROFESSIONAL LIABILITY UNDERWRITING SOCIETY | Minneapolis | — | $7.7M | 6 |
| CLB FOUNDATION | Excelsior | T50 Philanthropy, Voluntarism & Grantmaking Foundations | $7.7M | 3 |
| Achieve Language Academy | St Paul | B24Z Education | $7.7M | 4 |
| ASSOCIATED HEALTHCARE CREDIT UNION | Woodbury | — | $7.6M | 11 |
| VENTURE | Burnsville | — | $7.6M | 2 |
