Mortenson Family Foundation

Impact Dashboard — Grantmaking & Investment Portfolio
EIN: 41-1958621 Founded: 1999 Minneapolis, MN Data: IRS 990-PF filings 2022–2024 New Grant Opportunities →
$21.3M
Total Granted (3 yr)
800
Total Awards (3 yr)
$141.8M
Total Assets (2024)
86%
Assets for Impact
240+
Unique Recipients
Focus Area:
Focus Area Allocation (2024)
$6.2M
FY 2024
Children & Families (39%)
Environment (21%)
Developing Communities (18%)
Arts & Culture (10%)
Other (12%)
Annual Giving Trend
$8.7M
2022
$6.4M
2023
$6.2M
2024
Median grant: $25,000 • Range: $1K – $1M
Largest Recipients (3-Year Cumulative)
Univ. of Minnesota Foundation
$1.52M
Nexus Community Partners
$1.10M
Coalition of Asian Am. Leaders
$730K
Regents of Univ. of Colorado
$600K
African Am. Leadership Forum
$433K
Mississippi Park Connection
$375K
Northside Achievement Zone
$356K
Eastern Congo Initiative / Asili
$330K
Hawaiian Islands Land Trust
$310K
Dunwoody College of Technology
$275K
Geographic Distribution (2024)
Minneapolis
136 grants
Saint Paul
57 grants
Greater MN
26 grants
Central America
15 grants
East Africa / DRC
13 grants
Other U.S. / Hawaii
15 grants
Estimated Impact Across Portfolio
📚
35,000+
Children & youth served through education partners
🌱
150K+
Acres of land & water conserved in Minnesota
🌎
500K+
People reached in developing communities (DRC, Central America, E. Africa)
💰
$33M
Loans catalyzed through MI3 collaborative for affordable housing
🏠
7
CDFIs supported with $1M loans + $600K grants each
🤝
5,150+
Women athletes outfitted through ASIYA investment
Impact Investing Portfolio — 86% of $141.8M Assets
Direct Equity Active
Shared-X — Smallholder farming accelerator
Kuja Kuja — Citizen voice platform
Asili — DRC social enterprise: water, health, agriculture
ASIYA — Culturally-appropriate activewear (27 countries)
Fund Investments Funds
Brown Venture Group — MN Black-owned investment fund
ReThink Impact — Women entrepreneurs in tech
The Coven — Co-working for women/NB/trans entrepreneurs
Vision Fund — International microlender (since 1999)
FARM Fund — Regenerative agriculture
CDFIs & Loans $1M+ each
African Development Center • African Econ. Dev. Solutions • Latino Econ. Dev. Center • NEON • MniSota • NeDa Centro • Land Bank Twin Cities
Propel — Mission-driven nonprofit loan fund
Burke Agro — Nicaraguan regenerative farming
All Grant Recipients
Showing 262 grants
Recipient ▲▼ Location Amount ▲▼ Purpose Focus Area Est. Impact