Marbrook Corporate Foundation

Tax-deductible

Minneapolis, MN501(c)(3)Foundations & GrantmakersEIN 84-2492358Revenue $1.7M in FY2024

On file with the IRSmarbrookfoundation.org730 2nd Ave S Ste 1400, 55402-2458 · Minneapolis, MNTax-exempt since Apr 2020Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$82K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · 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
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $93K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$82K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
10 mo
of spending, in cash
Looks good: 9.9 months of spending in cash; 3 or more.
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
$1.7M
×11 vs prior year
Spent
$1.0M
Net assets
$14.3M
By yearFY2020–FY2024
Revenue
$1.7M
FY2024▲ ×11
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$1.6M
FY2022$1.5M
FY2023$152K
FY2024$1.7M
Expenses
$1.0M
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$450K
FY2021$1.0M
FY2022$1.1M
FY2023$1.0M
FY2024$1.0M
Net assets
$14.3M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$13.6M
FY2021$14.1M
FY2022$14.5M
FY2023$13.6M
FY2024$14.3M

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2020.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 68% · $685K Operating & administrative 32% · $315K

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

8 people listed on the 990-PF; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$81,743Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Director/Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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

NameFY2024FY2023FY2021
Minna Brooks$81,743$78,196$69,282

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 Marbrook Corporate Foundation executive salaries →

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Programs and updates

A private foundation based in Minneapolis, MN.

Questions for Marbrook Corporate Foundation

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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 · 86 grants · $685K · 2024–2024
Metro BloomsMN · FY2024$40,000
Lower Phalen Creek ProjectMN · FY2024$40,000
La OportunidadMN · FY2024$20,000
Immigrant Law Center of MNFY2024$20,000
Green Card VoicesMN · FY2024$20,000
Fresh EnergyMN · FY2024$20,000
Daily WorkMN · FY2024$20,000
Climate Generation a Will Steger LegacyFY2024$20,000
Project SuccessFY2024$19,500
Somali Youth and Family Development CenterFY2024$15,000
Literacy MinnesotaMN · FY2024$15,000
Raices Sagradas Community MentalFY2024$15,000
Youth Leadership InitiativeMN · FY2024$15,000
World Savvy INCMN · FY2024$15,000
East Side Freedom LibraryMN · FY2024$15,000
Earl E Bakken Center for Spiritual HealingFY2024$15,000
See all 86 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV59
Average grantPart XV$8K
Median grantPart XV$5K
Largest grantPart XV$40K
Top cause focusNTEEArts & Culture (12%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$1.7M
Investment income$1.6M
Other income$95K
Money out
$1.0M
Grants paid$685K
Running costs$315K
Owns and owes
$14.3M
net assets
Cash and savings$826K
Total assets$14.3M
Liabilities$0
People
8
listed
Paid1
2In more detail
Revenue in detail
Investment income$1.6M
Other income$95K
Total revenue$1.7M
Assets in detailEnd of year
Cash and savings together$826K
Total assets$14.3M
Liabilities$0
Net assets$14.3M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.7M$1.0M$658K$14.3M 990 PDF
FY2023 $152K$1.0M−$872K$13.6M 990 PDF
FY2022 $1.5M$1.1M$366K$14.5M 990 PDF
FY2021 $1.6M$1.0M$574K$14.1M 990 PDF
FY2020 $188K$450K−$262K$13.6M 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) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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