Glen Helgeson Foundation

Tax-deductible

Minneapolis, MN501(c)(3)Public & Societal BenefitEIN 46-4350306Revenue $210K in FY2025

On file with the IRS4321 E Lake Harriet Blvd, 55409-1725 · Minneapolis, MNTax-exempt since Jul 2014Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$32K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $5K a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$32K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
-64% vs prior year
Spent
$281K
Net assets
$2.4M
By yearFY2020–FY2025
Revenue
$210K
FY2025▼ -64%
Tap a bar for its year
Revenue by fiscal year
FY2020$86K
FY2021$229K
FY2022$100K
FY2023$137K
FY2024$576K
FY2025$210K
Expenses
$281K
FY2025▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2020$214K
FY2021$215K
FY2022$230K
FY2023$218K
FY2024$210K
FY2025$281K
Net assets
$2.4M
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$2.3M
FY2022$2.2M
FY2023$2.1M
FY2024$2.5M
FY2025$2.4M

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 66% · $186K Operating & administrative 34% · $95K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF; $32K paid to officers and key staff.

Part VII, Section A · reportable compensation
Pres & Treas
$12,000Pt VII · Sec A
$12,000Pt VII · Sec A
Vice President
$8,000Pt VII · Sec A
See Glen Helgeson Foundation executive salaries →

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Programs and updates

A private foundation based in Minneapolis, MN.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 59 grants · $387K · 2025–2025
Climate GenerationMN · FY2025$15,000
Sieg & Doris Fischer Fdn-Agy-MainFY2025$15,000
Climate GenerationMN · FY2025$15,000
Wolf Ridge Environmental Learning CenterFY2025$13,500
Wolf Ridge Environmental Learning CenterFY2025$13,500
InteractFY2025$11,500
BrownbodyMN · FY2025$11,500
InteractFY2025$11,500
BrownbodyMN · FY2025$11,500
The Loppet Foundation INCMN · FY2025$10,500
The Loppet Foundation INCMN · FY2025$10,500
Wilderness Inquiry INCMN · FY2025$10,000
Penumbra Theatre Company INCMN · FY2025$10,000
Wilderness Inquiry INCMN · FY2025$10,000
See all 59 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV18
Average grantPart XV$7K
Median grantPart XV$5K
Largest grantPart XV$15K
Top cause focusNTEEArts & Culture (37%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$210K
Investment income$210K
Money out
$281K
Grants paid$186K
Running costs$95K
Owns and owes
$2.4M
net assets
Cash and savings$55K
Total assets$2.4M
Liabilities$0
People
3
listed
Paid3
2In more detail
Revenue in detail
Investment income$210K
Total revenue$210K
Assets in detailEnd of year
Cash and savings together$55K
Total assets$2.4M
Liabilities$0
Net assets$2.4M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $210K$281K−$72K$2.4M 990 PDF
FY2024 $576K$210K$367K$2.5M 990 PDF
FY2023 $137K$218K−$81K$2.1M 990 PDF
FY2022 $100K$230K−$130K$2.2M 990 PDF
FY2021 $229K$215K$14K$2.3M 990 PDF
FY2020 $86K$214K−$129K$2.3M 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

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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