Saint Paul & Minnesota Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PURPOSE: WE INSPIRE, ADVOCATE AND INVEST TO ADVANCE COMMUNITY VISIONS. CONTINUED ON SCH O
- Income
- $210.8 million
- Spending
- $139.9 million
- Spent on programs
- 88%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 54%
- Employees
- 85
- Volunteers
- 156
- Highest pay
- $990,863, previous president/ceo/secretary
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 53% of charities in its peer group (philanthropy, over $100m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 34% of income.
Income trend
15 of 15Income rose 31% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 39% of charities in its peer group (philanthropy, over $100m).
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $103.1 million spent. WE WORK WITH DONORS, PROFESSIONAL ADVISORS, NONPROFIT ORGANIZATIONS AND LOCAL LEADERS TO IDENTIFY AND SUPPORT CRITICAL NEEDS ACROSS THE STATE OF MINNESOTA. WE PARTNER WITH DONORS TO ACHIEVE THEIR CHARITABLE GOALS AS THEY ADDRESS THE ISSUES THAT ARE MOST IMPORTANT TO THEM. ADDITIONALLY, WE OFFER SEVERAL GRANTMAKING PROGRAMS THAT SUPPORT NONPROFITS, INCLUDING A TWICE-YEARLY BUILDING COMMUNITY CAPACITY GRANT PROGRAM THAT PROVIDES CRITICAL FUNDING IN SIX AREAS: COMMUNITY CONNECTEDNESS; ECONOMIC OPPORTUNITY AND SECURITY; EDUCATION; HEALTH; HOUSING AND TRANSPORTATION; AND HUMAN SERVICES AND FAMILY SUPPORT. LEARN MORE AT HTTPS://SPMCF.ORG/WHO-WE-ARE
- $16.8 million spent. BY INVESTING IN COMMUNITY-LED SOLUTIONS, THE FOUNDATION SUPPORTS ORGANIZATIONS AND LEADERS ADDRESSING TIMELY ISSUES. A COMMUNITY-LED SOLUTION EXAMPLE INCLUDES THE BUSH PRIZE: MINNESOTA, WHICH IS FACILITATED IN PARTNERSHIP WITH THE BUSH FOUNDATION. THE BUSH PRIZE: MINNESOTA IDENTIFIES AND HONORS EXTRAORDINARY ORGANIZATIONS THAT CONSISTENTLY ENGAGE AND LEAD THEIR COMMUNITY TOWARD CREATIVE SOLUTIONS, PROVIDES THEM WITH FLEXIBLE SUPPORT TO KEEP DOING THAT WORK, AND SUPPORTS THEM TO AMPLIFY THEIR STORY TO INSPIRE OTHERS.
- $1.8 million spent. WE SUPPORT EFFECTIVE GRANTMAKING AND PROVIDE ADMINISTRATIVE SERVICES FOR A WIDE VARIETY OF FUNDS AND FOUNDATIONS SERVING MINNESOTA AND THE EAST METRO AREA, INCLUDING DAKOTA, RAMSEY AND WASHINGTON COUNTIES.
- $1.9 million spent. THE FOUNDATION PROVIDES GRANTS TO INDIVIDUALS THROUGH THE COMMUNITY SHARING FUND (CSF) AND J.C. AND L.A. DUKE EMPLOYEE ASSISTANCE FUND (DUKE FUND). THE CSF IS A UNIQUE EMERGENCY GRANT PROGRAM THAT SUPPORTS THOUSANDS OF EAST METRO RESIDENTS AS THEY NAVIGATE FINANCIAL SETBACKS. GRANTS HAVE BEEN USED TO HELP MAINTAIN TRANSPORTATION TO A JOB, COVER RENT OR PAY FOR CHILDCARE. THROUGH A NETWORK OF SOCIAL WORKERS, INDIVIDUALS CAN ACCESS THE FUND WHEN ALL OTHER FORMS OF EMERGENCY ASSISTANCE HAVE BEEN EXHAUSTED. 1,390 GRANTS WERE APPROVED FROM THE CSF DURING 2025.THE DUKE FUND PROVIDES ASSISTANCE TO 3M EMPLOYEES WHO HAVE EXPERIENCED A CATASTROPHIC ILLNESS OR ACCIDENT. GRANTS HELP EMPLOYEES REGAIN SELF-SUFFICIENCY AND RETURN TO THE WORKPLACE. SUPPORT IS DESIGNED TO HELP EMPLOYEES THROUGH A TRANSITION AND IS NOT INDEFINITE. 76 GRANTS WERE APPROVED FROM THE DUKE FUND DURING 2025.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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