Pohlad Family Foundation
- Assets
- $102.0m
- Revenue
- $18.4m
- Investments
- $76.2m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 41-1768558
Organization Overview
Pohlad Family Foundation is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pohlad Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pohlad Family Foundation generated $18.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $13.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pohlad Family Foundation has awarded 1,126 individual grants totaling $35,919,573. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE IN 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bass Roberts Executive Director | 40 | $346,381 | |
Brian Paulson Program Director | 40 | $158,842 | |
Kari Ruth Programs/communicati | 40 | $130,355 | |
Tony Lookingelk Program Officer | 40 | $99,929 | |
Aya Johnson Program Officer | 40 | $96,519 | |
Ellenne Weber Executive Assistant | 40 | $91,456 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,160,732 |
| Interest on Savings | $462,295 |
| Dividends & Interest | $294,512 |
| Net Rental Income | $120 |
| Net Gain on Sale of Assets | $11,464,116 |
| Capital Gain Net Income | $4,339,036 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,381,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $346,381 |
| Other employee salaries and wages | $751,427 |
| Pension plans, employee benefits | $168,342 |
| Interest | $0 |
| Taxes | $175,616 |
| Depreciation | $6,153 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $888,116 |
| Total operating and administrative expenses | $2,355,735 |
| Contributions, gifts, grants paid | $11,405,690 |
| Total expenses and disbursements | $13,761,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,830,076 |
| Savings and temporary cash investments | $2,182,501 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $55,089,435 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,767,201 |
| Total assets | $102,001,164 |
| Accounts payable and accrued expenses | $12,220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,220 |
Grants Awarded
Over the last fiscal year, Pohlad Family Foundation has awarded $19,148,190 in support to 480 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: PROJECT | $750,000 |
Minneapolis, MN PURPOSE: PROJECT | $500,000 |
Minneapolis, MN PURPOSE: PROJECT | $500,000 |
CITY OF MINNEAPOLIS PURPOSE: PROJECT | $350,000 |
CITY OF MINNEAPOLIS PURPOSE: PROJECT | $350,000 |
GREATER MINNESOTA HOUSING FUND PURPOSE: PROJECT | $325,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
F R Bigelow Foundation Trust 555 St Paul, MN | $202,026,485 | $23,166,449 |