THE GRACO FOUNDATION

MINNEAPOLIS, MN 55402 EIN 416023537

https://N/A
$22.5M Total Assets (2019)
N/A Total Giving (2019)
0 Grants on File (2019–2023)
N/A Avg Grant Size

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person CHARLOTTE BOYD COMMUNITY RELATIONS
Phone 6126236729
Deadlines NO DEADLINES
How to Apply GRANT REQUESTS SHOULD INCLUDE A COVER LETTER, ON ORGANIZATIONAL LETTERHEAD, DESCRIBING YOUR PROGRAM AND HOW IT FITS OUR FOCUS AREAS. IN ADDITION, EACH PROPOSAL SHOULD CONTAIN:BRIEF DESCRIPTION OF THE ORGANIZATION'S HISTORY; PROGRAM OBJECTIVES; CLIENTS SERVED; BUDGET, INCLUDING PROGRAM EXPENSES AND REVENUE SOURCES; PROGRAM EVALUATION METHODS AND RESULTS; LIST OF CORPORATE AND FOUNDATION DONORS; LIST OF THE BOARD OF DIRECTORS; COPY OF 501(C)(3) OR OTHER TAX EXEMPT CONFIRMATION; COPY OF MOST RECENT IRS FORM 990; AND COPY OF MOST RECENT AUDIT.
Restrictions EMPHASIS WILL BE PLACED ON EDUCATIONAL PROGRAMS, ESPECIALLY STEM PROGRAMS; HUMAN SERVICE PROGRAMS PROMOTING WORKFORCE DEVELOPMENT; AND YOUTH DEVELOPMENT. ORGANIZATIONS LOCATED IN NEIGHBORHOODS CLOSE TO GRACO INC. FACILITIES AND EMPLOYEES' HOMES ARE OF SPECIAL INTEREST TO THE FOUNDATION. IN ORDER TO HAVE THE RESOURCES TO ADDRESS THESE FOCUS AREAS AND HAVE A SIGNIFICANT IMPACT ON GRANTEE ORGANIZATIONS, THE FOUNDATION HAS A PREFERENCE FOR LARGE ONE-TIME CAPACITY BUILDING GRANTS RATHER THAN OPERATING GRANTS. THE MAXIMUM COMMITMENT PER CAPITAL CAMPAIGN IS $150,000. ADDITIONALLY, GRANTS WITHIN A TWO-YEAR PERIOD ARE GENERALLY NOT CONSIDERED.

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 N/A $22.5M $2.1M N/A
2020 N/A $24.8M $2.2M N/A
2023 N/A $22.4M $6K N/A

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
CHARLOTTE BOYD SECRETARY $14K
MARK SHEAHAN PRESIDENT
DAWN SVENKESON-KOUBAL DIRECTOR
JEFF WEBER DIRECTOR
JOSEPH DANISKI DIRECTOR
RONITA BANERJEE DIRECTOR (START 07/21/2023)
DAVID AHLERS DIRECTOR (END 04/01/2023)
DAVID LOWE DIRECTOR
DIANE OLSON DIRECTOR
JANEL W FRENCH TREASURER/ SECRETARY
JOSEPH HUMKE VICE PRESIDENT
PATRICK J MCHALE PRESIDENT
KAREN P GALLIVAN VICE PRESIDENT
KARL HURSTON DIRECTOR
JOE DANISKI DIRECTOR

Grants Awarded (0 total)

RecipientLocationAmountPurposeYear