Grantmaking public charityEIN 411990628

ECMC FOUNDATION

MINNEAPOLIS, MN 55401

Total Assets

$2.0B

FY 2024

Annual Giving

$60.1M

FY 2024

Grants Made

198

FY 2024

Avg Grant

$304K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$5.1M

Employee engagement:ecmc foundation facilitates two main opportunities-a generating outcomes (go!) program and a discretionary grant program-for staff and leadership across ecmc group to feel connected to ecmc foundation's philanthropic mission. The go! Program is a corporate initiative to fund efforts in the communities where ecmc group, inc. Employees live and work. In 2024, ecmc foundation awarded grants ranging from $5,000 to $20,000 each to 111 organizations for a total of over $1 million. The discretionary grant program provides the board of directors, ecmc group executive and senior leaders, and foundation staff the opportunity to direct a gift to an educational organization of their choice.

Program 2

$1.2M

Education innovation ventures:education innovation ventures (eiv) makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns. Complementing ecmc foundation's strategic grantmaking, the eiv program uses a full spectrum of program-related investments, including debt and equity instruments, to provide catalytic risk capital to early-stage ventures working to increase postsecondary educational outcomes and economic mobility among learners and jobseekers from systemically disadvantaged backgrounds. Financial returns are reinvested into additional program-related investments, allowing ecmc foundation to recycle investment dollars to fund further impact initiatives. In 2024, eiv invested over $4.1 million across 9 investments working to remove financial barriers for students, and awarded 3 grants.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$82.6M

Total Expenses

$76.6M

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $60.1M in 2024. Hover bars for details.

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

Top Recipients

500 grants

Grant Size Distribution

500 grants

<$10K
105
grants
$10–50K
154
grants
$50–250K
73
grants
$250K–1M
138
grants
$1–5M
30
grants
$5M+

Geographic Focus

37 states

California
$30.3M
20% of total
District of Columbia
$25.5M
17% of total
Minnesota
$14.3M
10% of total
New York
$13.4M
9% of total
Massachusetts
$8.5M
6% of total
Georgia
$6.2M
4% of total
Maryland
$5.7M
4% of total
Colorado
$5.6M
4% of total
Texas
$5.5M
4% of total
North Carolina
$4.3M
3% of total

+27 more states

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