Carolyn Foundation

EIN 416044416 Private Foundation

Lake Elmo, MN 55042 |(612) 596-3266

https://carolynfoundation.org
Total Given 2019–2024
$21.3M
21 grants · $3.5M avg/year
based on 6 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$608K
typical big bets · $33K–$1.7M
grant size
80%
deep partner · 4/5 multi-year
repeat
$48.8M
Assets (2024)
5
Distinct Recipients

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person BECKY ERDAHL
Phone (612) 596-3266
Deadlines SEE ATTACHMENT 1
How to Apply SEE ATTACHMENT 1
Restrictions SEE ATTACHMENT 1
Visit funder website

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 $2.1M $46.4M $1.6M 3
2020 $3.8M $49.4M $2.6M 3
2021 $4.2M $53.7M $3.8M 3
2022 $3.9M $43.2M $1.7M 4
2023 $4.4M $45.7M $2.0M 4
2024 $2.8M $48.8M $3.9M 4

Grant Size Distribution

Based on 21 grants on record

Minimum
$13K
25th Pctl
$33K
Median
$608K
Average
$1.0M
75th Pctl
$1.7M
Maximum
$3.7M

Geographic Distribution

Officers & Directors

Grants Awarded (21 total)

Purpose
See Attachment 2 Minneapolis, MN $3,693,065 SEE ATTACHMENT 2 2023
See Attachment 2 Minneapolis, MN $3,388,099 SEE ATTACHMENT 2 2021
See Attachment 3 Minneapolis, MN $3,187,745 SEE ATTACHMENT 3 2020
See Attachment 2 Minneapolis, MN $2,167,000 SEE ATTACHMENT 2 2022
See Attachment 2 Minneapolis, MN $1,965,470 SEE ATTACHMENT 2 2024
See Attachment 4 Minneapolis, MN $1,725,000 SEE ATTACHMENT 4 2022
See Attachment 3 Minneapolis, MN $1,657,684 SEE ATTACHMENT 3 2019
See Attachment 4 Minneapolis, MN $770,000 SEE ATTACHMENT 4 2021
See Attachment 4 Minneapolis, MN $747,981 SEE ATTACHMENT 4 2024
See Attachment 4 Minneapolis, MN $678,200 SEE ATTACHMENT 4 2023
See Attachment 4 Minneapolis, MN $608,000 SEE ATTACHMENT 4 2020
See Attachment 4 Minneapolis, MN $389,656 SEE ATTACHMENT 4 2019
See Attachment 3 Minneapolis, MN $54,349 SEE ATTACHMENT 3 2021
See Attachment 2 Minneapolis, MN $37,592 SEE ATTACHMENT 2 2019
See Attachment 3 Minneapolis, MN $34,365 SEE ATTACHMENT 3 2024
See Attachment 3 Minneapolis, MN $32,800 SEE ATTACHMENT 3 2023
See Attachment 2 Minneapolis, MN $31,124 SEE ATTACHMENT 2 2020
See Attachment 5 Minneapolis, MN $30,615 OPERATING 2023
See Attachment 5 Minneapolis, MN $28,325 OPERATING 2024
See Attachment 5 600 Minneapolis, MN $23,550 SEE ATTACHMENT 5 2022
See Attachment 3 Minneapolis, MN $12,600 SEE ATTACHMENT 3 2022

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