Funder DirectoryMICHAEL J & KAREN B FREY FOUNDATION
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Private foundation (trust)EIN 753140739Est. 2004-03

MICHAEL J & KAREN B FREY FOUNDATION

WAYZATA, MN 55391

Total Assets

$11.2M

FY 2023

Annual Giving

$503K

FY 2023

Grants Made

22

FY 2023

Avg Grant

$23K

FY 2023

Grant Range

$200–$150K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$536K

Total Expenses

$521K

Qualifying Distributions

$507K

Distributable Amount

$551K

Min. Investment Return

$559K

Payout rate 92%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.92%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

22 grants

Grant sizes from minimum $200 through median $8K to maximum $150K, 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

3 years

Giving over time from 2020 to 2023. Peak $528K in 2022. Hover bars for details.

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

Top Recipients

71 grants

PROVIDENCE ACADEMY
$450K
3 grants
FRIENDS OF EDUCATION
$150K
1 grant
ALPHA NEWS
$100K
3 grants
INSTITUTE FOR JUSTICE
$100K
3 grants
UPPER MIDWEST LAW CENTER
$85K
2 grants
CENTER FOR THE AMERICAN EXPERIMENT
$75K
1 grant
CROOK COUNTY SCHOOL DISTRICT
$67K
2 grants
UMLC
$50K
1 grant

Grant Size Distribution

71 grants

<$10K
42
grants
$10–50K
24
grants
$50–250K
5
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

15 states

Minnesota
$1.1M
75% of total
Wyoming
$160K
11% of total
Virginia
$101K
7% of total
Montana
$50K
3% of total
Idaho
$25K
2% of total
Illinois
$15K
1% of total
Oklahoma
$10K
1% of total
Washington
$10K
1% of total
Colorado
$6K
0% of total
District of Columbia
$2K
0% of total

+5 more states

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MICHAEL J & KAREN B FREY FOUNDATION — Grants, Financials & Contact | Grantivo