The Minnesota State Capitol

Form 990-PFTax year 2024EIN 41-1644554

Fastbreak Foundation

A private foundation in Minneapolis, MN. Its return for tax year 2024 lists 5 grants and $125,000 paid in grants.

Tax year 2024 (period ending Sep 30, 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
Fastbreak Foundation
600 Hennepin Avenue Suite 300
Minneapolis, MN 55403
(612) 673-1600
Form and materials
Grants should be submitted on a Grant Application Form provided by the Fastbreak Foundation. Information included on the Grant consists of a description of the requesting organization's history of service and statement of its purpose and objectives, the goals and objectives of the program, a timeline, a budget, and an expense breakdown between program and administrative expenses. The applicant should include a copy of the IRS ruling of tax exempt status under Section 501(c)(3), a donor's list of contributions granted during the past twelve months and a list of the officers and board of directors. A request should be made for a specific amount of money.
Deadlines
None
Restrictions
Local MN requests preferred. Recipient's goals should be consistent with the mission of the Fastbreak Foundation.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $125,000

    Grants listed
    5
    Assets, end of year
    $485,625
  • Tax year 2023

    $225,000

    Grants listed
    7
    Assets, end of year
    $608,592
  • Tax year 2022

    $176,000

    Grants listed
    6
    Assets, end of year
    $829,542
  • Tax year 2021

    $275,000

    Grants listed
    6
    Assets, end of year
    $652,902
  • Tax year 2020

    $125,000

    Grants listed
    5
    Assets, end of year
    $673,803
  • Tax year 2018

    $264,675

    Grants listed
    58
    Assets, end of year
    $780,973
  • Tax year 2017

    $262,500

    Grants listed
    52
    Assets, end of year
    $871,714

Grants paid in 2024

5 grants, largest first

As listed on the return.

  1. A Mother's Love InitiativesMinneapolis, MN

    Starting Five Grants

    $25,000
  2. Playworks MinnesotaSt Paul, MN

    Starting Five Grants

    $25,000
  3. Special Olympics Minnesota IncMinneapolis, MN

    Starting Five Grants

    $25,000
  4. Twin Cities PrideMinneapolis, MN

    Starting Five Grants

    $25,000
  5. Youthlink MNMinneapolis, MN

    Starting Five Grants

    $25,000

Where the money goes

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

  1. Civil rights1 grant $25,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota5 grants $125,000

Officers, directors and trustees

10 people as filed

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

  • Ethan CassonChief Executive Officer (until April) Hours 0.25Pay $0
  • Jennifer RidgewayExecutive Director Hours 2.5Pay $0
  • Suzanne M SpellacySecretary Hours 0.5Pay $0
  • Pete SteneTreasurer Hours 0.5Pay $0
  • Glen A TaylorDirector (until April) Hours 0.3Pay $0
  • Brett CarterDirector Hours 0.3Pay $0
  • Kate QuinnDirector Hours 0.3Pay $0
  • Chanda Smith BakerDirector Hours 0.3Pay $0
  • Gavin KaysenDirector Hours 0.3Pay $0
  • Rebekkah BrunsonDirector Hours 0.3Pay $0

The return

More foundations

Similar foundations

Same main cause (civil rights), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Allianz Foundation for North AmericaMinneapolis, MN 8 grants Accepts applications $300,000 giving
  2. The Robert William and Nina Gayle Sit FoundationMinneapolis, MN 6 grants Accepts applications $51,000 giving
  3. Schreck Family FoundationMinneapolis, MN 32 grants Preselected only $40,520 giving
  4. Infinite Campus FoundationBlaine, MN 6 grants Accepts applications $139,578 giving
  5. The 5801 Foundation IncCulpeper, VA 4 grants Preselected only $125,000 giving