Manitou Fund
EIN 416055113Total Given 2016–2024
$126.4M
937 grants · $14.0M avg/year
based on 9 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$50K
typical mid grants · $25K–$100K
grant size
40%
supporter · 220/548 multi-year
repeat
$846.6M
Assets (2024)
548
Distinct Recipients
About
THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS DURING THE 2023 TAX YEAR. MANITOU FUND MADE A DISTRIBUTION OF ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. THESE DISTRIBUTIONS REPRESENTED 25% OF THE FUND'S ASSETS (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF 2023. KHR FAMILY FUND IS EXEMPT FROM TAXES UNDER IRC SEC. 501(C)(3) AND IS A PRIVATE NONOPERATING FOUNDATION. IT IS NOT CONTROLLED (DIRECTLY OR INDIRECTLY) BY MANITOU FUND. THE DISTRIBUTIONS WERE MADE AS AN ENDOWMENT GRANT TO SUPPORT THE CHARITABLE ACTIVITIES OF THE NONOPERATING FOUNDATION. MANITOU FUND WILL EXERCISE EXPENDITURE RESPONSIBILITY OVER THE GRANT FOR THE CURRENT AND TWO SUBSEQUENT YEARS. KHR FAMILY FUND IS UNDER NO OBLIGATION TO USE THE FUNDS IN A MANNER THAT WILL DIRECTLY BENEFIT MANITOU FUND.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(651) 370-1258
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $2.3M | $45.9M | $1.6M | 1 |
| 2017 | $2.6M | $50.2M | $2.9M | 1 |
| 2018 | $4.0M | $47.2M | $7.0M | 1 |
| 2019 | N/A | $997.6M | $969.8M | N/A |
| 2020 | $24.9M | $1.0B | $45.5M | 284 |
| 2022 | $34.0M | $958.5M | $22.5M | 267 |
| 2023 | $38.5M | $795.2M | $33.2M | 219 |
| 2024 | $20.1M | $846.6M | $65.2M | 164 |
Grant Size Distribution
Based on 937 grants on record
Minimum
$5K
25th Pctl
$25K
Median
$50K
Average
$135K
75th Pctl
$100K
Maximum
$14.0M
Geographic Distribution
Texas Counties Served
0.6% of US grants
· Rank #15 of 39 states
$160K across
6 grants
3 of 254 counties
Top 3 counties
- 1 Travis
- 2 Rockwall
- 3 Dallas
Officers & Directors
OD
Oliver Din
7 yrs
Trustee and Secretary
Leadership
GT
Graham Tingler
2 yrs
Trustee
JR
James Ryden
2 yrs
Trustee
MU
Mike Urbanos
3 yrs
Trustee
CG
Cheryl Granlund
3 yrs
Trustee
CA
Chas Arend
3 yrs
Trustee
GM
Gregory McNeely
3 yrs
Trustee
NH
Nora McNeely Hurley
7 yrs
Trustee
KM
Kevin McNeely
7 yrs
Turstee
Grants Awarded (937 total)
| Purpose | ||||
|---|---|---|---|---|
| Khr Family Fund | Sonoma, CA | $14,004,705 | GENERAL OPERATING | 2023 |
| Manitou Fund Schwab Charitable Gift Fund | Minneapolis, MN | $3,959,674 | FOR ACCUMULATION AND DISTRIBUTION OF CHARITABLE GIFTS | 2018 |
| St Rita'S School | San Diego, CA | $3,200,000 | BUILDING AND ART PROGRAM | 2022 |
| Manitou Fund Schwab Charitable Gift Fund | Minneapolis, MN | $2,607,207 | FOR ACCUMULATION AND DISTRIBUTION OF CHARITABLE GIFTS | 2017 |
| Schwab Charitable | Orlando, FL | $2,450,000 | CHARITABLE GIFTS | 2022 |
| Franklin University Switzerland | New York, NY | $2,375,000 | GARDEN & HAPPINESS DEAN FUND ($875K), SCHOLARSHIP ($550), BUILDING CAPITAL ($500K) AND AV SYSTEM ($450K) | 2022 |
| Manitou Fund Schwab Charitable Gift Fund | Minneapolis, MN | $2,315,000 | FOR ACCUMULATION AND DISTRIBUTION OF CHARITABLE GIFTS | 2016 |
| Gwendolyn Strong Foundation | Santa Barbara, CA | $2,050,000 | MAGICAL TREE AND KINDNESS GARDEN CAPITAL CAMPAIGN | 2022 |
| Franklin University Switzerland | New York, NY | $2,000,000 | BUILDING CAPITAL CAMPAIGN | 2020 |
| Schwab Charitable | Orlando, FL | $1,750,000 | CHARITABLE GIFTS | 2024 |
| Schwab Charitable | Orlando, FL | $1,679,769 | CHARITABLE GIFTS | 2020 |
| University of Minnesota Foundation | Minneapolis, MN | $1,590,000 | COLLEGE OF DESIGN: KUSSKE DESIGN INITIATIVE | 2022 |
| Usta Foundation Incorporated | White Plains, NY | $1,500,000 | SCHOLARSHIP AND GRANTS ($750K), EDUCATION & NJTL PROGRAMS ($750K) | 2022 |
| Ganna Walska Lotusland | Santa Barbara, CA | $1,500,000 | JAPANESE GARDEN RENOVATION AND ENDOWMENT FUND | 2020 |
| Schwab Charitable Fund | Orlando, FL | $1,500,000 | CHARITABLE GIFTS | 2023 |
| St Catherine University | St Paul, MN | $1,250,000 | KATIE LEADERSHIP IMPACT | 2020 |
| International Tennis Hall of Fame Incorporated | Newport, RI | $1,200,000 | TEAMFAME LEARNING CENTER AT CANFIELD HOUSE CAPITAL CAMPAIGN | 2023 |
| Ganna Walska Lotusland | Santa Barbara, CA | $1,100,000 | EDUCATION PROGRAM ($100K)/TRITON FOUNTAIN & ABALONE POND ($950K)/GENERAL OPERATING ($50K) | 2022 |
| Santa Barbara Cottage Hospital | Santa Barbara, CA | $1,000,000 | PROGRAM SPECIFIC | 2020 |
| Usta Foundation | White Plains, NY | $1,000,000 | EMERGENCY GRANTS FOR TENNIS AND EDUCATION PROGRAMMING & THE LEADERSHIP AWARD AND PROGRAMMING FUND | 2020 |
| Franklin University Switzerland | New York, NY | $1,000,000 | BUILDING CAPITAL CAMPAIGN | 2023 |
| International Tennis Hall of Fame Inc | Newport, RI | $1,000,000 | HISTORICAL GROUNDS CAPITAL PROJECT ($750K) AND TEAMFAME & BE LEGENDARY PROGRAMS ($250K) | 2024 |
| College of St Scholastica Inc | Duluth, MN | $995,000 | STUDENT CENTER ($500K) AND NURSING SCHOLARSHIP ($275K), WARNER SERIES ($25K) AND ONE NURSING SKILL LAB ($195K) | 2022 |
| University of Minnesota Foundation | Minneapolis, MN | $915,000 | COLLEGE OF DESIGN: KUSSKE DESIGN INITIATIVE ($840K) AND ADDICTION PROJECT ($75K) | 2024 |
| Franklin University Switzerland | New York, NY | $875,000 | THE GARDEN PROJECT & HAPPINESS ENDOWED PROFESSORSHIP | 2020 |