Nonprofits›Foundation X
Public Foundations
Foundation X
MINNEAPOLIS, MN
Total revenue
$436K
Total expenses
$306K
Net assets
$146K
Grants received
$235K
2 grants
EIN
871331226
Tax year
2024
Mission
To achieve a greater good for all through effective philanthropy that advances long-term and sustainable community change.
Programs
1 program
Foundation x serves as the fiscal sponsor for the mcdonough institute.
Expenses: $210KGrants: $210K
Financials
FY 2024
Revenue
Contributions & grants$436K
Program service revenue—
Investment income$741
Other revenue—
Total revenue$436K
Expenses
Grants paid$301K
Salaries & benefits—
Fundraising—
Other expenses$5K
Total expenses$306K
Total assets$146K
Net assets$146K
People
5 listed
NameRoleCompensation
ROB NELSON
PRESIDENT
Board
—
1 hrs/wk
SEAN BAENEN
VICE PRESIDENT
Board
—
1 hrs/wk
EMILY VENNERSTROM
SECRETARY & EXEC DIR
Board
—
5 hrs/wk
TODD MOSER
DIRECTOR
Board
—
1 hrs/wk
WARD ARMSTRONG
DIRECTOR
Board
—
1 hrs/wk
Grants received
Showing 2 of 2
FromAmountPurposeYear
Funded by
$235K from 2 funders · 2 grants · 2023–2024
Impactassetsinc
$200K · 1 grant · 2023
The Arrow Giving Foundation
$35K · 1 grant · 2024
Details
EIN871331226
NTEE codeT30
Subsection03
Ruling date2022-01
Formed2021
Employees0
Volunteers0