NonprofitsVenn Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Venn Foundation

SAINT PAUL, MN

Total revenue

$7.1M

Total expenses

$1.8M

Net assets

$17.7M

Grants received

$15.4M

68 grants

EIN

814476503

Tax year

2024

Mission

To unleash the full power of program-related investments to achieve charitable impact.

Financials

FY 2024

Revenue

Contributions & grants$6.5M
Program service revenue$518K
Investment income$74K
Other revenue
Total revenue$7.1M

Expenses

Grants paid$395K
Salaries & benefits$228K
Fundraising$55K
Other expenses$1.2M
Total expenses$1.8M
Total assets$19.2M
Net assets$17.7M

People

9 listed

NameRoleCompensation

JEFF OCHS

PRESIDENT AND DIRECTOR

Board

$109K

40 hrs/wk

JACLYN SCHROEDER

BOARD CHAIR

Board

5 hrs/wk

WILLIAM BODNER

BOARD TREASURER

Board

5 hrs/wk

MILLIE ACAMOVIC

DIRECTOR

Board

5 hrs/wk

MICHAEL DAI

DIRECTOR

Board

5 hrs/wk

RAMYA RAUF

DIRECTOR

Board

5 hrs/wk

SUSAN SANDS

DIRECTOR

Board

5 hrs/wk

ROBERT SCARLETT

DIRECTOR

Board

5 hrs/wk

JEANNE VOIGT

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 68 of 68

FromAmountPurposeYear
$880K
DONOR ADVISED, GENERAL
2024
$753K
GENERAL CHARITABLE PURPOSES
2024
$198K
Education: Summit Academy Dental Assistant Program PRI (DAF)
2024
$150K
ENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS
2024
$50K
CHARITABLE GIFT
2024
$49K
AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WORKED WITH VENN FOUNDATION IN SUPPORTING TECHNOLOGY COMMERCIALIZATION EFFORTS AT THE HORMEL INSTITUTE (HI). FUNDS WENT TO THE VENN FOUNDATION TO STRUCTURE PROGRAM-RELATED INVESTMENTS (PRIS) THAT WOULD SUPPORT ADVANCING HORMEL INSTITUTE RESEARCH COMMERCIALIZATION. FROM VENN, PRI FUNDS WENT TO SCIENTISTS TO FURTHER DISCOVERIES THAT HAD COMMERCIALIZATION POTENTIAL.
2024
$30K
CHARITABLE PURPOSE
2024
$10K
General & Unrestricted
2024
$10K
GENERAL FUND
2024
$10K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$3K
2024 VICE PRESIDENT DISCRETIONARY GRANT
2024
$3K
Education: Summit Academy Dental Assistant Program PRI (DAF)
2024
$2.8M
DONOR ADVISED FUND TO SUPPORT VENN FOUNDATION'S PRI DEDICATED TO IMPROVING THE LIVES OF PEOPLE IN RANGELEY, MAINE
2023
$150K
MEDICAL / PUBLIC SERVICES
2023
$74K
PUBLIC, SOCIETAL BENEFIT
2023
$72K
For grant recipient's exempt purposes
2023
$71K
GENERAL FUNDING
2023
$60K
AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WORKED WITH VENN FOUNDATION IN SUPPORTING TECHNOLOGY COMMERCIALIZATION EFFORTS AT THE HORMEL INSTITUTE (HI). FUNDS WENT TO THE VENN FOUNDATION TO STRUCTURE PROGRAM-RELATED INVESTMENTS (PRIS) THAT WOULD SUPPORT ADVANCING HORMEL INSTITUTE RESEARCH COMMERCIALIZATION. FROM VENN, PRI FUNDS WENT TO SCIENTISTS TO FURTHER DISCOVERIES THAT HAD COMMERCIALIZATION POTENTIAL.
2023
$30K
MINNESOTA AFTERSCHOOL ADVANCE - BIGELOW FOUNDATION 2022
2023
$25K
UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE
2023
$25K
MINNESOTA AFTERSCHOOL ADVANCE - MARDAG 2022
2023
$20K
HUMAN SERVICES
2023
$12K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
GENERAL PURPOSES
2023
$10K
PHILANTHROPY
2023
$10K
ENDOWMENT GIFT
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$3K
2023 VICE PRESIDENT GRANT
2023
$200
Matching Gift
2023
$1.6M
DONOR ADVISED FUND TO SUPPORT VENN FOUNDATIONS PRI DEDICATED TO IMPROVING THE LIVES OF PEOPLE IN RANGELEY, MAINE
2022
$155K
EXPAND SERVICES TO STATE PUBLIC PROGRAM ENROLLEES IN THE TWIN CITIES BY INCREASING CLINIC CAPACITY, ADDING DENTAL STAFF AND GROWING MOBILE OUTREACH TO PRESCHOOL AND SCHOOL-AGED CHILDREN.
2022
$100K
DONOR-RECOMMENDED, PHILANTHROPY
2022
$75K
PUBLIC, SOCIETAL BENEFIT
2022
$50K
PUBLIC, SOCIETAL BENEFIT
2022
$36K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$30K
GENERAL PURPOSES
2022
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$3K
VICE PRESIDENTIAL GRANT
2022
$3.9M
DONOR ADVISED FUND TO SUPPORT VENN FOUNDATIONS PRI DEDICATED TO IMPROVING THE LIVES OF PEOPLE IN RANGELEY, MAINE
2021
$500K
MINNESOTA AFTERSCHOOL ADVANCE ANCHOR FUNDING
2021
$205K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$55K
PHILANTHROPY
2021
$12K
For grant recipient's exempt purposes
2021
$12K
For grant recipient's exempt purposes
2021
$1.3M
TO SUPPORT VENN FOUNDATION'S PRI DEDICATED TO IMPROVING THE LIVES OF PEOPLE IN RANGELEY, MAINE
2020
$345K
Nonclinical Research Advancement
2020
$250K
GENERAL FUND
2020
$140K
Minnesota Afterschool Advance Loan Fund, COVID-19 Emergency Response, and Discretionary Grant
2020
$95K
CREDIT TO THE MINNEAPOLIS FOUNDATION FUND
2020
$50K
SUPPORT FOR WORK RELATED TO A PROGRAM-RELATED INVESTMENT TO SUPPORT EARLY STAGE SOCIAL PURPOSE BUSINESSES IN MINNESOTA, NORTH DAKOTA, SOUTH DAKOTA AND THE 23 NATIVE NATIONS THAT SHARE THE SAME GEOGRAPHY
2020
$35K
DAMASCUS ROAD PARTNERS VENN ACCOUNT TO GET FACE-MASKS TO FRONT-LINE WORKERS FIGHTING COVID-19.
2020
$35K
MULTIPLE PURPOSES
2020
$30K
For grant recipient's exempt purposes
2020
$30K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
DONOR ADVISED FUND; LATER DISTRIBUTED AS PROGRAM RELATED INVESTMENT TO SUPPORT BREATHE99 MASK
2020
$15K
For grant recipient's exempt purposes
2019
$10K
THE PETER AND KAREN GABLER DAF
2019
$6K
PUBLIC, SOCIETAL BENEFIT
2019
$116K
Minnesota Afterschool Advance Program
2018
$75K
THE SORAN FAMILY VENN ACCOUNT
2018
$25K
GENERAL OPERATING SUPPORT
2018
$12K
For grant recipient's exempt purposes
2018
$10K
GENERAL FUNDING
2018

Funded by

$15.4M from 37 funders · 68 grants · 2018–2024

Planning And Art Resources For

$9.6M · 4 grants · 2020–2023

The Minneapolis Foundation

$1.2M · 6 grants · 2018–2024

Thrivent Charitable Impact & Investing

$1M · 2 grants · 2021–2022

Joseph R Bayer Family Foundation

$753K · 1 grant · 2024

Male Contraceptive Initiative

$345K · 1 grant · 2020

Saint Paul & Minnesota Foundation

$286K · 4 grants · 2020–2024

Youthprise

$256K · 2 grants · 2018–2020

Maggie Applauds Great Goals In

$250K · 1 grant · 2020

Details

EIN814476503
NTEE codeT50
Subsection03
Ruling date2017-04
Formed2016
Employees4
Volunteers14
VENN FOUNDATION — Mission, Financials & Grants Received | Grantivo