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Saint Paul & Minnesota Foundation

EIN 41-6031510 · Saint Paul, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 34% of income.

  • Income trend

    15 of 15

    Income rose 31% on the year before.

  • Spending floor

    15 of 15

    88% 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 25

    19 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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
  2. $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.
  3. $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.
  4. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.