Manitou Fund

Organization Overview

Manitou Fund is located in White Bear Lake, MN. The organization was established in 1966. 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. Manitou Fund 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, Manitou Fund generated $40.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $36.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Manitou Fund has awarded 815 individual grants totaling $82,361,489. 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.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Thomas Rollerson
$134,400
James J Mittermiller
$120,000
Frank Van Dyke Judson
$120,000
Kdp Consulting Llc
$68,333
Marcelle Hinand
$54,000
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,000,000
Interest on Savings $0
Dividends & Interest $13,587,883
Net Rental Income$0
Net Gain on Sale of Assets $16,626,595
Capital Gain Net Income $16,807,516
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $668,144
Total Revenue $40,882,622

Grants Awarded

Over the last fiscal year, Manitou Fund has awarded $32,003,686 in support to 298 organizations.

Grant RecipientAmount

SCHWAB CHARITABLE

PURPOSE: CHARITABLE GIFTS

$2,763,686

FRANKLIN UNIVERSITY SWITZERLAND

PURPOSE: GENERAL SUPPORT - SCHOLARSHIPS

$2,000,000

UNIVERSITY OF MINNESOTA FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: BEE RESEARCH LAB: BEE SQUAD

$1,500,000

SANTA BARBARA AGRICULTURE AND FARM EDUCATION FOUNDATION

Org PageRecipient Profile

Summerland, CA

PURPOSE: SUMMERLAND FARM

$1,500,000

CENTURY COLLEGE FOUNDATION

Org PageRecipient Profile

White Bear Lake, MN

PURPOSE: START RIGHT PROGRAM

$1,000,000

FRANKLIN UNIVERSITY SWITZERLAND

PURPOSE: GARDEN PROJECT & HAPPINESS ENDOWED PROFESSORSHIP

$875,000
View Grant Profile

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