Granite Partners Foundation of Minnesota
EIN 882344940 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $575,954. This amount represents 25% or more of the Foundation's net assets of $1,287,577 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2022 | N/A | $9K | $15K | N/A |
| 2023 | $570K | $1.3M | $1.8M | 100 |
| 2024 | $576K | $2.3M | $1.5M | 125 |
Grant Size Distribution
Based on 225 grants on record
Geographic Distribution
Texas Counties Served
Top 1 counties
- 1 Kleberg
Officers & Directors
Grants Awarded (225 total)
| Purpose | ||||
|---|---|---|---|---|
| Initiative Foundation | Little Falls, MN | $120,000 | Initiators program | 2024 |
| Initiative Foundation | Little Falls, MN | $90,000 | Initiators Program | 2023 |
| United Way of Central Minnesota | Saint Cloud, MN | $63,000 | Corporate fund | 2024 |
| United Way of Central Minnesota | Saint Cloud, MN | $61,000 | Corporate Fund | 2023 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $50,000 | General & Unrestricted | 2023 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $50,000 | General & Unrestricted | 2024 |
| Active Central Mn | Waite Park, MN | $40,000 | General & Unrestricted | 2023 |
| Active Central Mn | Waite Park, MN | $40,000 | General & Unrestricted | 2024 |
| Big Brothers-Big Sisters of Central Minnesota Inc | St Cloud, MN | $30,000 | BIG Partners | 2023 |
| Big Brothers-Big Sisters of Central Minnesota Inc | St Cloud, MN | $30,000 | BIG Partners | 2023 |
| Initiative Foundation | Little Falls, MN | $30,000 | Initiators Program | 2023 |
| Big Brothers-Big Sisters of Central Minnesota Inc | Saint Cloud, MN | $30,000 | BIG Partners fund | 2024 |
| St Cloud Technical and Community College Foundatio | Saint Cloud, MN | $15,000 | VEX Robotics | 2023 |
| St Cloud Technical and Community College Foundatio | Saint Cloud, MN | $15,000 | Charitable Event | 2024 |
| United Way of Central Minnesota | Saint Cloud, MN | $14,000 | General & Unrestricted | 2023 |
| Communitygiving | Saint Cloud, MN | $10,000 | Women's Fund Dancing with our Stars | 2023 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $10,000 | Charitable Event | 2023 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $10,000 | Charitable Event | 2023 |
| Initiative Foundation | Little Falls, MN | $10,000 | General & Unrestricted | 2023 |
| Mike Silva Evangelism Inc | Beaverton, OR | $10,000 | Charitable Event | 2023 |
| Pcd Ks Foundation | Rochester, NY | $10,000 | Clear the Way Annual Campaign | 2023 |
| Anna Maries Alliance | Saint Cloud, MN | $10,000 | General & Unrestricted | 2024 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $10,000 | Charitable Event | 2024 |
| Greater St Cloud Development Corporation | Saint Cloud, MN | $10,000 | Charitable Event | 2024 |
| Initiative Foundation | Little Falls, MN | $10,000 | General & Unrestricted | 2024 |
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