Nonprofits3M Open Fund

Community Foundations

3M Open Fund

BLAINE, MN

Total revenue

$19.4M

Total expenses

$19.4M

Net assets

Grants received

$996K

15 grants

EIN

830995816

Tax year

2023

Mission

3m open fund is a nonprofit organization created to run an annual pga tour sanctioned professional golf tournament for charity.

Financials

FY 2023

Revenue

Contributions & grants$5.9M
Program service revenue$13.0M
Investment income
Other revenue$494K
Total revenue$19.4M

Expenses

Grants paid$1.0M
Salaries & benefits
Fundraising$1.8M
Other expenses$18.4M
Total expenses$19.4M
Total assets$6.7M
Net assets

People

11 listed

NameRoleCompensation

DON ASHTON

TREASURER

Board

0.5 hrs/wk

TORIE CLARKE

DIRECTOR

Board

0.5 hrs/wk

JOHN BANOVETZ

DIRECTOR

Board

0.5 hrs/wk

JEFF LAVERS

PRESIDENT

Board

0.5 hrs/wk

KADY STOLL

SECRETARY

Board

2.5 hrs/wk

CARRIE HIGGS

DIRECTOR

Board

0.5 hrs/wk

RANDALL MCDANIEL

DIRECTOR

Board

0.5 hrs/wk

MIKE PAGE

DIRECTOR

Board

0.5 hrs/wk

JOE PAUL

DIRECTOR

Board

0.5 hrs/wk

ARIA SAMENI

DIRECTOR

Board

0.5 hrs/wk

JENNIFER HINES

ASSISTANT SECRETARY

Board

0.5 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$209K
GENERAL SUPPORT
2024
$25K
GENERAL SUPPORT
2024
$225K
GENERAL SUPPORT
2023
$9K
For grant recipient's exempt purposes
2023
$225K
GENERAL SUPPORT
2022
$23K
SUPPORT MISSION
2022
$12K
DONOR-RECOMMENDED, PHILANTHROPY
2021
$180K
GENERAL SUPPORT
2020
$20K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$10K
GENERAL OPERATING SUPPORT
2020
$25K
DIRECT GRANT
2019
$10K
GENERAL OPERATING SUPPORT
2019

Funded by

$996K from 8 funders · 15 grants · 2019–2024

Pga Tour Inc

$839K · 4 grants · 2020–2024

The Minneapolis Foundation

$32K · 3 grants · 2019–2021

Athletes For Mn Kids Inc

$25K · 1 grant · 2019

The Blackbaud Giving Fund

$25K · 1 grant · 2024

Bknd2All

$23K · 1 grant · 2022

Natl Christian Charitable Fdn Inc

$23K · 3 grants · 2020–2022

Details

EIN830995816
NTEE codeT31
Subsection03
Ruling date2019-06
Formed2018
Employees13
Volunteers1321
3M OPEN FUND — Mission, Financials & Grants Received | Grantivo