Funder DirectoryBEST BUY FOUNDATION
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Private foundation (trust)EIN 411784382Est. 1995-06

BEST BUY FOUNDATION

RICHFIELD, MN 55423

Accepts unsolicited proposals

Total Assets

$59.2M

FY 2024

Annual Giving

$17.8M

FY 2024

Grants Made

1

FY 2024

Avg Grant

$17.8M

FY 2024

Grant Range

$17.8M–$17.8M

Typical

Deadlines

Please see attached Statement 5a

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$22.4M

Total Expenses

$23.9M

Qualifying Distributions

$18.3M

Distributable Amount

$2.6M

Min. Investment Return

$2.7M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $17.8M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

5 grants

Recipient names are missing from the available filing data for some grants.

Statement 3A
$34.3M
3 grants
Name not available
$31.3M
2 grants

Grant Size Distribution

5 grants

<$10K
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+
5
grants

Geographic Focus

1 states

Minnesota
$65.5M
100% of total

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