Private foundation (trust)EIN 416038512Est. 1955-01

Groves Foundation

Minneapolis, MN 554401267

Accepts unsolicited proposals

Total Assets

$11.2M

FY 2023

Annual Giving

$360K

FY 2023

Grants Made

19

FY 2023

Avg Grant

$19K

FY 2023

Grant Range

$2K–$75K

Typical

Deadlines

Mid August each fiscal year

Applications

Financial Snapshot

2023 filing

Total Revenue

$276K

Total Expenses

$548K

Qualifying Distributions

$486K

Distributable Amount

$505K

Min. Investment Return

$511K

Undistributed Income

$430K

Payout rate 96%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.96%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

19 grants

Grant sizes from minimum $2K through median $10K to maximum $75K, 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

5 years

Giving over time from 2019 to 2023. Peak $503K in 2021. Hover bars for details.

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

Top Recipients

106 grants

AccessAbility Inc
$397K
12 grants
Augsburg University
$275K
9 grants
Groves Learning Organization
$155K
2 grants
Groves Academy (GLO)
$150K
2 grants
Groves Academy
$133K
4 grants
We Can Ride Inc
$112K
10 grants
University of Minnesota Foundation
$95K
3 grants
Shriners Childrens - Twin Cities
$84K
4 grants

Grant Size Distribution

106 grants

<$10K
63
grants
$10–50K
34
grants
$50–250K
9
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Minnesota
$2.0M
99% of total
Massachusetts
$10K
1% of total

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Groves Foundation — Grants, Financials & Contact | Grantivo