Funder DirectoryHORMEL FOODS CORPORATION CHARITABLE
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Private foundation (trust)EIN 010761416Est. 2003-03

HORMEL FOODS CORPORATION CHARITABLE

AUSTIN, MN 55912

Total Assets

$1.3M

FY 2023

Annual Giving

$2.3M

FY 2023

Grants Made

166

FY 2023

Avg Grant

$14K

FY 2023

Grant Range

$250–$445K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$2.1M

Total Expenses

$2.4M

Qualifying Distributions

$2.4M

Distributable Amount

$56K

Min. Investment Return

$41K

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

166 grants

Grant sizes from minimum $250 through median $7K to maximum $445K, 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 2023. Peak $2.3M in 2023. Hover bars for details.

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

Top Recipients

500 grants

YOURCAUSE LLC
$1.9M
16 grants
NATIONAL MERIT SCHOLARSHIP CORP
$475K
4 grants
CONSCIOUS ALLIANCE
$394K
7 grants
IOWA STATE UNIV FOUNDATION
$317K
4 grants
AUSTIN ASPIRES INC
$233K
3 grants
FEEDING AMERICA
$164K
5 grants
MAKE-A-WISH
$125K
5 grants
CONVOY OF HOPE
$108K
3 grants

Grant Size Distribution

500 grants

<$10K
388
grants
$10–50K
85
grants
$50–250K
24
grants
$250K–1M
3
grants
$1–5M
$5M+

Geographic Focus

34 states

Minnesota
$1.8M
23% of total
Texas
$1.1M
13% of total
South Carolina
$947K
12% of total
Illinois
$894K
11% of total
Iowa
$757K
9% of total
Colorado
$459K
6% of total
California
$261K
3% of total
District of Columbia
$234K
3% of total
New York
$175K
2% of total
Pennsylvania
$143K
2% of total

+24 more states

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HORMEL FOODS CORPORATION CHARITABLE — Grants, Financials & Contact | Grantivo