Greystone Foundation FY2022 filing

Minneapolis, MN · Private foundation / grantmaker

✓ Tax-deductible Latest data FY2022
Revenue
$939K
▼ -11% vs prior year
Spent
$617K
Net assets
$10.1M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
Not on file
Size and trend
$100K–1M
↓ -11% vs prior year
Legal name (IRS)Hdr · item CGreystone Foundation
EINHdr · item D41-6027765
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1953
Latest filingForm 990FY2025 · Form 990-T
Principal addressHdr · item CMinneapolis, MN
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.77 Operating & administrative $0.23
Grants & contributions paid77%$472K
Operating & administrative23%$144K
Total functional expensesLn 25$617K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$939K
FY2022▼ -11%
Expenses
$617K
FY2022▲ +21%
Total assets
10.1M
deployed as grants and operations
Grants paid
472K
in FY2022
Grants made
41grants
total in period
Payout rate
5%
of assets (5% rule)

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Total assets
$10.1M
FY2022▲ +3%
Total liabilities
$0
FY2022
Total assetsPt II$10.1M

Balance Sheet

Part X · end of year
CashLn 1$165K
Total assetsLn 16$10.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$10.1M
Months of cash on handcomputed3.2

Statement of Revenue

Part VIII
Investment income$668K · 71%
Other revenue$271K · 29%
Investment income71%$668K
Other revenue29%$271K
Total revenueLn 12$939K

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director
$12,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2021
Minna Brooks$9,375$12,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greystone Foundation executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Mission and programs

A private foundation based in Minneapolis, MN.

Provided by the organization

This section is blank until Greystone Foundation claims this page.

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Grants and how to apply

Who They Fund

Part XV · grants paid · 41 grants · $152K · 2025–2025
First United Methodist ChurchFY2025$46,000
7 Rivers Lgbt Resource CtrFY2025$18,812
Myotonic Dystrophy FdnFY2025$15,000
Greater Good CharitiesFY2025$10,000
Brattleboro Museum & Art CenterFY2025$9,000
The Cedars of MarinFY2025$5,000
The Amica CenterFY2025$5,000
Tergar InternationalFY2025$4,000
Southern Poverty Law CenterFY2025$3,500
Natural Resources Defense CouncilFY2025$3,000
Immigrant Legal Resource CenterFY2025$3,000
Clarke County Mentor Program INCFY2025$3,000
ACLU FoundationFY2025$3,000
Second Harvest HeartlandFY2025$2,000
University of RichmondFY2025$2,000
Urban Boatbuilders INCFY2025$2,000
The Wild Rivers ConservancyFY2025$2,000
Farm SanctuaryFY2025$1,000
See all 41 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$4K
Median grantPart XV$1K
Largest grantPart XV$46K

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $527K$231K-37% 990 PDF
FY2024 $837K$4.6M×13 990 PDF
FY2023 $64K$944K-93% 990 PDF
FY2022 Viewing $939K$617K-11% 990 PDF
FY2021 $1.1M$510K+176% 990 PDF
FY2020 $381K$720K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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