Funder DirectoryTHE DEPOT FOUNDATION
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Private foundation (trust)EIN 411356072Est. 1979-07

THE DEPOT FOUNDATION

DULUTH, MN 55802

Total Assets

$8.0M

FY 2023

Annual Giving

$493K

FY 2023

Grants Made

33

FY 2023

Avg Grant

$15K

FY 2023

Grant Range

$190–$149K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$1.1M

Grants to support the identity of the depot as a vital and thriving cultural, arts, and heritage center grants awarded: 1,130,318 (net of grants returned) related expense 16,123

Program 2

$15K

Annual circle of friends arts & culture awards. The awards recognize members of the community in the areas of arts, culture and historical preservation

Program 3

Operate as a payment facilitator for the disbursement of duluth tourism tax funds from st. Louis county, minnesota to the st louis county heritage and arts center building for the purposes of marketing/advertising, grant services, management services, event & other staffing, exhibit expenses, telephone, it, security, copying, postage and printing.

Financial Snapshot

2023 filing

Total Revenue

$719K

Total Expenses

$1.4M

Qualifying Distributions

$512K

Distributable Amount

$374K

Min. Investment Return

$380K

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

33 grants

Grant sizes from minimum $190 through median $4K to maximum $149K, 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 2018 to 2023. Peak $493K in 2023. Hover bars for details.

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

Top Recipients

87 grants

ST LOUIS COUNTY - THE DEPOT
$277K
3 grants
MINNESOTA BALLET
$267K
15 grants
LAKE SUPERIOR RAILROAD MUSEUM
$245K
14 grants
ST LOUIS COUNTY HISTORICAL SOCIETY
$216K
11 grants
DULUTH ART INSTITUTE
$190K
12 grants
DULUTH PLAYHOUSE
$159K
5 grants
DULUTH SUPERIOR SYMPHONY ORCHESTRA
$58K
9 grants
ST LOUIS COUNTY ADMIN OFFICE
$50K
1 grant

Grant Size Distribution

87 grants

<$10K
57
grants
$10–50K
22
grants
$50–250K
8
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Minnesota
$1.6M
99% of total
New York
$10K
1% of total
Wisconsin
$6K
0% of total

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