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Nonprofits›Mni Sota Fund

Community Improvement & Capacity Building

Mni Sota Fund

MINNEAPOLIS, MN

Website

Total revenue

$2.3M

Total expenses

$1.5M

Net assets

$1.7M

Grants received

$3.5M

32 grants

EIN

453579582

Tax year

2024

Mission

Mni sota fund's mission is to provide training and access to capital to promote homeownership, entrepreneurship, and financial capabilities among american indian families, in addition to individuals throughout the state of minnesota through the provision of development services and financial products.

Programs

2 programs

Provided first time homebuyer coursework and one on one counseling in the american indian community.

Expenses: $355K

Provided technical assistance and courses on launching and operating a business.

Expenses: $253K

Financials

FY 2024

Revenue

Contributions & grants$2.2M

Program service revenue$4K

Investment income$69K

Other revenue—

Total revenue$2.3M

Expenses

Grants paid—

Salaries & benefits$746K

Fundraising$282K

Other expenses$791K

Total expenses$1.5M

Total assets$4.9M

Net assets$1.7M

People

8 listed

NameRoleCompensation

KIT FORDHAM

EXECUTIVE DIRECTOR

Board

$132K

40 hrs/wk

JOHN WILLIAMS

PRESIDENT

Board

—

1 hrs/wk

PAUL WENELL JR

TREASURER

Board

—

1 hrs/wk

JASON DECKER

MEMBER

Board

—

1 hrs/wk

ANDREA REESE

MEMBER

Board

—

1 hrs/wk

KELLY SAM

MEMBER

Board

—

1 hrs/wk

COLE ST ARNOLD

MEMBER

Board

—

1 hrs/wk

ADRIENNE BENJAMIN

MEMBER

Board

—

1 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear

GS DONOR ADVISED PHILANTHROPY FUND

$1.5M

MEDICAL / PUBLIC SERVICES

2024

SAINT PAUL & MINNESOTA FOUNDATION

$276K

MULTIPLE GRANTS FOR MULTIPLE PURPOSES

2024

TARGET FOUNDATION

$200K

ECONOMIC OPPORTUNITY - HOMETOWN

2024

NORTHWEST AREA FOUNDATION

$100K

GENERAL OPERATING SUPPORT

2024

OTTO BREMER TRUST

$75K

GENERAL OPERATIONS

2024

THE MINNEAPOLIS FOUNDATION

$60K

GENERAL

2024

MORTENSON FAMILY FOUNDATION

$15K

UNRESTRICTED

2024

OTTO BREMER TRUST

$125K

GENERAL OPERATIONS

2023

SAINT PAUL & MINNESOTA FOUNDATION

$125K

MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES

2023

The McKnight Foundation

$100K

For general operating support

2023

NORTHWEST AREA FOUNDATION

$100K

GENERAL OPERATING SUPPORT

2023

The McKnight Foundation

$100K

For general operating support

2023

FIRST PEOPLES FUND

$50K

FPF NAEB GRANT 23-02

2023

NATIONAL COMMUNITY REINVESTMENT

$30K

SUBGRANT

2023

FEDERATION OF APPALACHIAN HOUSING

$25K

PROVIDING GRANT

2023

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2023

NEXUS COMMUNITY PARTNERS

$15K

general operating grant/community wealth building

2023

HEADWATERS FOUNDATION FOR JUSTICE

$10K

GENERAL OPERATING SUPPORT

2023

The McKnight Foundation

$100K

For general operating support

2022

NORTHWEST AREA FOUNDATION

$100K

GENERAL OPERATING SUPPORT

2022

THE MINNEAPOLIS FOUNDATION

$50K

GENERAL

2022

FIRST PEOPLES FUND

$25K

FPF NAEB GRANT 22-01

2022

NEXUS COMMUNITY PARTNERS

$15K

general operating grant/community wealth building

2022

FAMILY HOUSING FUND

$12K

BUILDING EQUITY REFERRAL PARTNER GRANT

2022

THE MINNEAPOLIS FOUNDATION

$60K

GENERAL

2021

TARGET FOUNDATION

$100K

RACIAL EQUITY

2020

NDN COLLECTIVE INC

$50K

COVID-19 RESPONSE

2020

THE MINNEAPOLIS FOUNDATION

$40K

MNI SOTA FUND (BII GII WIIN CDLF) - 456375

2020

NDN COLLECTIVE INC

$20K

COVID-19 RESPONSE

2020

NEXUS COMMUNITY PARTNERS

$15K

Asset and Wealth Building

2020

GREATER GREEN BAY COMMUNITY

$8K

PUBLIC BENEFIT & COMMUNITY IMPROVEMENT PROGRAM SUPPORT

2020

OWEESTA CORPORATION

$6K

Capacity building to assist Native entrepreneurs.

2018

Funded by

$3.5M from 18 funders · 32 grants · 2018–2024

Gs Donor Advised Philanthropy Fund

$1.5M · 1 grant · 2024

Saint Paul & Minnesota Foundation

$401K · 2 grants · 2023–2024

Northwest Area Foundation

$300K · 3 grants · 2022–2024

Target Foundation

$300K · 2 grants · 2020–2024

The McKnight Foundation

$300K · 3 grants · 2022–2023

The Minneapolis Foundation

$210K · 4 grants · 2020–2024

Otto Bremer Trust

$200K · 2 grants · 2023–2024

First Peoples Fund

$75K · 2 grants · 2022–2023

Details

EIN453579582

NTEE codeS20

Subsection03

Ruling date2012-10

Formed2013

Employees0

Volunteers0