The Minnesota State Capitol

Form 990-PFTax year 2024EIN 41-1923922

Flagship Foundation

A private foundation in Chanhassen, MN. Its return for tax year 2024 lists 7 grants and $15,000 paid in grants.

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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

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

    $15,000

    Grants listed
    7
    Assets, end of year
    $234,637
  • Tax year 2023

    $15,000

    Grants listed
    8
    Assets, end of year
    $239,234
  • Tax year 2022

    $15,000

    Grants listed
    11
    Assets, end of year
    $256,349
  • Tax year 2021

    $15,000

    Grants listed
    11
    Assets, end of year
    $286,219
  • Tax year 2020

    $15,000

    Grants listed
    12
    Assets, end of year
    $268,487
  • Tax year 2019

    $5,000

    Grants listed
    1
    Assets, end of year
    $257,879
  • Tax year 2018

    $0

    Grants listed
    0
    Assets, end of year
    $248,009

Grants paid in 2024

7 grants, largest first

As listed on the return.

  1. Pathways to ChildrenMinneapolis, MN

    General support

    $5,000
  2. Breakthrough T1DNew York, NY

    General support

    $5,000
  3. American ExperimentMinnetonka, MN

    General support

    $2,000
  4. Love Inc NationalJenison, MI

    Religious purposes

    $1,500
  5. Special Olympics MNMinneapolis, MN

    General support

    $500
  6. Quiet Time MinistriesPalm Desert, CA

    General support

    $500
  7. Open Hands FoundationExcelsior, MN

    General support

    $500

Where the money goes

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

  1. Health1 grant $5,00083% of the total
  2. Philanthropy and grantmaking1 grant $5008% of the total
  3. Religion1 grant $5008% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota4 grants $8,000
  2. New York1 grant $5,000
  3. Michigan1 grant $1,500
  4. California1 grant $500

Officers, directors and trustees

3 people as filed

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

  • William O Naegele SrPRESIDENT Hours 0Pay $0
  • Stephanie NaegeleDIRECTOR Hours 0Pay $0
  • William O Naegele JrDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

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

  1. Hermoyn I Eckroth Charitable TrustEagan, MN 5 grants Accepts applications $15,000 giving
  2. Edward and Hannah Gustafson FoundationCrosslake, MN 6 grants Preselected only $15,300 giving
  3. Harold and Doris B Rowan Memorial TrustEagan, MN 4 grants Preselected only $15,793 giving
  4. Dean R & Barbara A Kelsch FoundationMinneapolis, MN 5 grants Preselected only $14,000 giving
  5. George T Kilberger Trust Under WillEagan, MN 2 grants Preselected only $13,898 giving