Funder DirectoryGold Bay Foundation
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Private foundation (trust)EIN 474002921Est. 2015-12

Gold Bay Foundation

Minneapolis, MN 55401

Total Assets

$32.3M

FY 2024

Annual Giving

$2.5M

FY 2024

Grants Made

11

FY 2024

Avg Grant

$230K

FY 2024

Grant Range

$1K–$2.4M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$2.5M

Total Expenses

$2.9M

Qualifying Distributions

$2.6M

Distributable Amount

$1.5M

Min. Investment Return

$1.6M

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.

Grant Range

11 grants

Grant sizes from minimum $1K through median $10K to maximum $2.4M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $2.5M in 2024. Hover bars for details.

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

Top Recipients

57 grants

Schwab Charitable
$5.9M
4 grants
Minnesota Orchestral Association
$455K
8 grants
Minnesota Orchestra
$110K
1 grant
Fresh Energy
$100K
1 grant
Minnesota Council of Nonprofits
$100K
1 grant
University of Minnesota Foundation
$98K
6 grants
Georgia Alliance Education Fund Inc
$95K
2 grants
Trust for Public Land
$75K
1 grant

Grant Size Distribution

57 grants

<$10K
34
grants
$10–50K
10
grants
$50–250K
9
grants
$250K–1M
1
grants
$1–5M
3
grants
$5M+

Geographic Focus

11 states

Florida
$5.9M
81% of total
Minnesota
$1.0M
14% of total
Georgia
$95K
1% of total
California
$75K
1% of total
New York
$55K
1% of total
Arizona
$45K
1% of total
Pennsylvania
$45K
1% of total
Wisconsin
$40K
1% of total
Illinois
$15K
0% of total
Massachusetts
$5K
0% of total

+1 more states

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