Funder DirectorySIT INVESTMENT ASSOCIATES FOUNDATION
Back to directory

Private foundation (trust)EIN 411468021Est. 1984-07

SIT INVESTMENT ASSOCIATES FOUNDATION

MINNEAPOLIS, MN 55402

Total Assets

$58.8M

FY 2023

Annual Giving

$2.7M

FY 2023

Grants Made

117

FY 2023

Avg Grant

$23K

FY 2023

Grant Range

$500–$500K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$2.2M

Total Expenses

$2.8M

Qualifying Distributions

$2.7M

Distributable Amount

$2.7M

Min. Investment Return

$2.7M

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

117 grants

Grant sizes from minimum $500 through median $5K to maximum $500K, 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 $2.7M in 2022. Hover bars for details.

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

Top Recipients

356 grants

V3 SPORTS
$765K
3 grants
MINNESOTANS MILITARY APPRECIATION FUND
$752K
3 grants
MINNESOTA MILITARY & VETERANS MUSEUM
$600K
3 grants
UNIVERSITY OF MINNESOTA FOUNDATION
$475K
3 grants
FEDERATED INSURANCE FOUNDATION
$450K
3 grants
FOOD GROUP THE
$340K
3 grants
SECOND HARVEST HEARTLAND
$340K
3 grants
SHARING & CARING HANDS
$275K
3 grants

Grant Size Distribution

356 grants

<$10K
223
grants
$10–50K
104
grants
$50–250K
27
grants
$250K–1M
2
grants
$1–5M
$5M+

Geographic Focus

14 states

Minnesota
$7.4M
96% of total
California
$134K
2% of total
Florida
$50K
1% of total
Massachusetts
$45K
1% of total
New York
$25K
0% of total
Illinois
$17K
0% of total
Indiana
$8K
0% of total
North Carolina
$7K
0% of total
New Jersey
$4K
0% of total
Connecticut
$3K
0% of total

+4 more states

Ready to work on a proposal for SIT INVESTMENT ASSOCIATES FOUNDATION?

Open a draft with this funder pre-selected. Add guidelines when you have them.

Draft an application for SIT INVESTMENT ASSOCIATES FOUNDATION
Funder alerts

Track SIT INVESTMENT ASSOCIATES FOUNDATION

Get an email when Grantivo has new data for SIT INVESTMENT ASSOCIATES FOUNDATION, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

SIT INVESTMENT ASSOCIATES FOUNDATION — Grants, Financials & Contact | Grantivo