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Foundation Lookup

Form 990-PFTax year 2024EIN 41-1736420

Prospect Creek Foundation

A private foundation in Wayzata, MN. Its return for tax year 2024 lists 20 grants and $4.9 million paid in grants.

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

Tax year 2024 (period ending Dec 31, 2024), 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
Martha C Atwater
636 Ferndale Avenue
Wayzata, MN 55391
(612) 672-9603
Form and materials
In writing with supporting materials indicating charitable purpose
Deadlines
N/A
Restrictions
N/A

Assets and giving by year

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

  • Tax year 2024

    $4,858,565

    Grants listed
    20
    Assets, end of year
    $24,994,812

  • Tax year 2023

    $3,482,728

    Grants listed
    25
    Assets, end of year
    $29,018,623

  • Tax year 2022

    $1,559,420

    Grants listed
    45
    Assets, end of year
    $31,853,405

  • Tax year 2021

    $1,863,250

    Grants listed
    59
    Assets, end of year
    $32,555,827

  • Tax year 2020

    $2,791,765

    Grants listed
    80
    Assets, end of year
    $32,589,742

Grants paid in 2024

20 grants, largest first

As listed on the return.

  1. Schwab Charitable (DAFGIVING360)San Francisco, CA

    Operational

    $3,000,000
  2. Great MN SchoolsMinneapolis, MN

    Operational

    $1,200,000
  3. Summit AcademyMinneapolis, MN

    Operational

    $550,000
  4. Princeton UniversityPrinceton, NJ

    Operational

    $25,065
  5. Minneapolis Institute of ArtsMinneapolis, MN

    Operational

    $20,000
  6. Blake SchoolMinneapolis, MN

    Operational

    $15,000
  7. Etc FoundationSanta Barbara, CA

    Operational

    $7,500
  8. Minnesota OperaMinneapolis, MN

    Operational

    $5,000
  9. Santa Barbara Cottage Hospital FoundationSanta Barbara, CA

    Operational

    $5,000
  10. Santa Barbara Museum of ArtSanta Barbara, CA

    Operational

    $5,000
  11. St Paul Chamber OrchestraSt Paul, MN

    Operational

    $5,000
  12. Minnesota Public RadioSaint Paul, MN

    Operational

    $4,000
  13. Minnesota Landscape Arboretum FoundationChaska, MN

    Operational

    $3,000
  14. Twin Cities Public TelevisionSaint Paul, MN

    Operational

    $3,000
  15. Minnesota ZooApple Valley, MN

    Operational

    $2,500
  16. Minnetonka Center for the ArtsWayzata, MN

    Operational

    $2,500
  17. Minnesota Historical SocietySaint Paul, MN

    Operational

    $2,000
  18. Theater Latte DaMinneapolis, MN

    Operational

    $2,000
  19. Children's Theatre CompanyMinneapolis, CA

    Operational

    $1,000
  20. Graywolf PressSt Paul, MN

    Operational

    $1,000

Where the money goes

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

  1. Education2 grants $1,225,06597% of the total
  2. Arts and culture7 grants $26,0002% of the total
  3. Health1 grant $5,000<1% of the total
  4. Environment1 grant $3,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. California5 grants $3,018,500
  2. Minnesota14 grants $1,815,000
  3. New Jersey1 grant $25,065

Officers, directors and trustees

3 people as filed

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

  • Martha Clark AtwaterDIRECTOR Hours 0Pay $0
  • H B Atwater JrDIRECTOR Hours 0Pay $0
  • Elizabeth Atwater ConnollyDIRECTOR Hours 0Pay $0

The return

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