Northwest Area Foundation

Organization Overview

Northwest Area Foundation is located in St Paul, MN. The organization was established in 1947. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Northwest Area Foundation generated $15.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $30.1m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Northwest Area Foundation has awarded 605 individual grants totaling $67,355,201. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE SUPPORT EFFORTS OF PEOPLE WITH LOW INCOME IN OUR REGION OF EIGHT STATES AND 76 NATIVE NATIONS TO OVERCOME BARRIERS TO BUILDING ASSETS AND BECOMING MORE PROSPEROUS. WE MAKE GRANTS, SPONSOR MEETINGS, AND ISSUE STRATEGIC COMMUNICATIONS THAT HELP BUILD MORE EQUITABLE ECONOMIES, WHERE PROSPERITY IS DEFINED BY LOCAL COMMUNITIES AND SHARED BY ALL, WITH GOOD JOBS, THRIVING BUSINESSES, AND VIBRANT CULTURES. THROUGH GRANTMAKING AND MISSION INVESTMENTS, OUR FUNDING FOCUSES ON ONE OR MORE OF THE FOLLOWING FOUR PORTFOLIOS: OPENING ACCESS TO CAPITAL, EXPANDING WORK OPPORTUNITY, SUPPORTING ENTERPRISE DEVELOPMENT, AND PROMOTING FINANCIAL INCLUSION. OUR FUNDING ALSO SUPPORTS INFRASTRUCTURE, IDEA INCUBATION, AND RESEARCH.OUR GRANTEES PROVIDE KNOWLEDGE, TOOLS, TRAINING, AND OTHER SERVICES THAT ALLOW PEOPLE TO REDEFINE AND REACH SUCCESS ON THEIR OWN TERMS. WE LISTEN TO GRANTEES, LEARN ABOUT THEIR COMMUNITIES' STRENGTHS AND STRUGGLES, AND LEAD BY LIFTING UP IDEAS AND GREAT WORK ALREADY BEING DONE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nepc Llc
$310,208
Faegre Baker Daniels Llp
$99,228
Bowman Performance Consulting
$90,704
Al Nygard Consulting
$135,748
Evology
$86,710
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $617,000
Interest on Savings $0
Dividends & Interest $6,443,319
Net Rental Income$0
Net Gain on Sale of Assets $7,826,902
Capital Gain Net Income $13,133,640
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $182,040
Total Revenue $15,069,261

Grants Awarded

Over the last fiscal year, Northwest Area Foundation has awarded $19,953,462 in support to 204 organizations.

Grant RecipientAmount

FIRST NATIONS OWEESTA CORPORATION

Org PageRecipient Profile

Longmont, CO

PURPOSE: NATIVE CDFI CAPITALIZATION: NETWORKING FOR INVESTMENT

$550,213

Seattle, WA

PURPOSE: ADVANCING ECONOMIC MOBILITY IN WASHINGTON STATE

$500,000

HMONG AMERICAN PARTNERSHIP

PURPOSE: BUILDING ECONOMIC PROSPERITY FOR HMONG MINNESOTANS: A 10-YEAR PLAN TOWARDS PROSPERITY

$400,000

AMERICAN INDIAN COLLEGE FUND

Org PageRecipient Profile

Denver, CO

PURPOSE: STRENGTHENING WORKFORCE OPPORTUNITIES AND FIRST-GENERATION WORKERS ACROSS INDIAN COUNTRY

$400,000

BOYS & GIRLS CLUBS OF AMERICA

Org PageRecipient Profile

Atlanta, GA

PURPOSE: OPPORTUNITIES FOR THRIVING NATIVE YOUTH

$400,000

THUNDER VALLEY COMMUNITY DEVELOPMENT CORPORATION

Org PageRecipient Profile

Porcupine, SD

PURPOSE: ECOSYSTEM OF OPPORTUNITY: BUILDING COMMUNITY POWER

$397,805
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northwest Area Foundation has recieved totaling $18,836.

Awarding OrganizationAmount
Peoples Partners For Community Development

Lame Deer, MT

PURPOSE: Pathways to financial inclusion

$18,836
View Grant Recipient Profile

Create an account to unlock the data you need.

or