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Form 990-PFTax year 2025EIN 06-1696861

Team Foundation

A private foundation in Bagley, MN. Its return for tax year 2025 lists 21 grants and $155,895 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Tricia Bracas
105 Park Avenue NW
Bagley, MN 566219558
(218) 694-4219
[email protected]
Form and materials
Copy of application form on file: information to be included on form listed below: a) name of organization requesting b) address, city, state, zip code c) employer identification number d) contact name, title, phone, fax, email e) 2-3 sentence summary of request f) amount of request and date needed by g) categorization of funds to be used for w/ options shown: 1) operating support, 2) project/program support, 3) technology, 4) administrative costs, 5) capital, 6) other (list) prior to filling out application form, additional information must be submitted: report narrative including: a) organization information comprised of 1) history, 2) mission and goals, 3) current programs or activities, and 4) population served and geographic are served b) purpose of grant information comprised of 1) specific objective to meet objective, and 3) funding strategies and current status in meeting funding needs attachments: a) finances including 1) most recent financial statement, 2) project budget, and
Deadlines
None
Restrictions
Organizations receiving grants must be 501(c)(3) non- profit or government entity.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $155,895

    Grants listed
    21
    Assets, end of year
    $359,751

  • Tax year 2024

    $385,580

    Grants listed
    40
    Assets, end of year
    $364,790

  • Tax year 2023

    $649,032

    Grants listed
    40
    Assets, end of year
    $297,699

  • Tax year 2022

    $550,624

    Grants listed
    41
    Assets, end of year
    $344,872

  • Tax year 2021

    $528,581

    Grants listed
    20
    Assets, end of year
    $642,058

  • Tax year 2020

    $258,962

    Grants listed
    17
    Assets, end of year
    $703,053

  • Tax year 2019

    $584,465

    Grants listed
    27
    Assets, end of year
    $528,229

  • Tax year 2018

    $685,701

    Grants listed
    27
    Assets, end of year
    $546,951

Grants paid in 2025

21 grants, largest first

As listed on the return.

  1. Sanford HealthSioux Falls, SD

    Hospital support

    $52,500
  2. Hospice of Red River ValleyFargo, ND

    Program support

    $25,000
  3. Gonvick Fire DepartmentGonvick, MN

    Program support

    $10,000
  4. Detroit Lakes High SchoolDetroit Lakes, MN

    Program support - robotics

    $8,000
  5. Lake Park Audubon SchoolsLake Park, MN

    Program support

    $5,895
  6. Audubon Fire DepartmentAudubon, MN

    Program support - new fire engine

    $5,000
  7. Bemidji Vex RoboticsBemidji, MN

    Program support - robotics

    $5,000
  8. City of Lake ParkLake Park, MN

    Program support - meals on wheels

    $5,000
  9. Clearbrook Gonvick SchoolClearbrook, MN

    Program support

    $5,000
  10. Lake Park Audubon EcfeLake Park, MN

    Program support

    $5,000
  11. Perham Robotics Booster ClubPerham, MN

    Program support - robotics

    $5,000
  12. Magelssen Elementary SchoolFosston, MN

    Program support

    $3,500
  13. Bagley Elementary RoboticsBagley, MN

    Program support

    $3,000
  14. Bluejackets Robotics Booster ClubCambridge, MN

    Program support - robotics

    $3,000
  15. Lake Park Audubon RoboticsLake Park, MN

    Program support - robotics

    $3,000
  16. Clear Waters Life CenterClearbrook, MN

    Program support

    $2,500
  17. Faith Christian SchoolForeston, MN

    Program support

    $2,500
  18. Faith Hope Love AcademyIndianapolis, IN

    Program support

    $2,500
  19. Kaotic RoboticsFrazee, MN

    Program support

    $2,500
  20. Books for Better MinnesotaNorth Branch, MN

    Program support

    $1,000
  21. Wounded Warrior Guide ServiceFairfax, MO

    Program support

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services2 grants $27,50085% of the total
  2. Education1 grant $5,00015% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota17 grants $74,895
  2. South Dakota1 grant $52,500
  3. North Dakota1 grant $25,000
  4. Indiana1 grant $2,500
  5. Missouri1 grant $1,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Tricia BracasCHAIR Hours 2.5Pay $0
  • Jerusa Ricke-FrederickVICE CHAIR Hours 3.75Pay $0
  • Chad ArmstrongTREASURER Hours 2.5Pay $0
  • Chandra BraatenSECRETARY Hours 3.75Pay $0
  • Tamara HarstadDIRECTOR Hours 1.25Pay $0

The return

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