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Foundation Lookup

Form 990-PFTax year 2024EIN 41-6017088

Target Foundation

A private foundation in Minneapolis, MN. Its return for tax year 2024 lists 125 grants and $23.1 million paid in grants.

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Tax year 2024 (period ending Feb 1, 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
Target Foundation
PO Box 1455
Minneapolis, MN 55440
(612) 761-9219
Form and materials
See our focus areas at: https://corporate.target.com/sustainability-governance/target-foundation
Deadlines
See our focus areas at web address above
Restrictions
See our focus areas at web address above

Assets and giving by year

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

  • Tax year 2024

    $23,075,000

    Grants listed
    125
    Assets, end of year
    $73,909,184

  • Tax year 2023

    $27,255,000

    Grants listed
    138
    Assets, end of year
    $92,692,164

  • Tax year 2022

    $25,070,608

    Grants listed
    144
    Assets, end of year
    $61,121,764

  • Tax year 2021

    $23,492,025

    Grants listed
    265
    Assets, end of year
    $85,335,634

  • Tax year 2020

    $29,819,197

    Grants listed
    330
    Assets, end of year
    $53,812,054

  • Tax year 2019

    $8,361,450

    Grants listed
    167
    Assets, end of year
    $17,816,807

Grants paid in 2024

125 grants, largest first

As listed on the return.

  1. Caf AmericaAlexandria, VA

    Economic opportunity - global

    $1,000,000
  2. Co-Impact Philanthropic Funds IncNew York City, NY

    Economic opportunity - global

    $1,000,000
  3. Issara Institute IncVaughn, WA

    Economic opportunity - global

    $1,000,000
  4. Peoples Courage International IncWashington, DC

    Economic opportunity - global

    $1,000,000
  5. The Acumen Fund IncNew York, NY

    Economic opportunity - global

    $1,000,000
  6. Common FutureSan Francisco, CA

    Economic opportunity - national

    $750,000
  7. First Nations Development InstituteLongmont, CO

    Economic opportunity - national

    $750,000
  8. PolicylinkOakland, CA

    Economic opportunity - national (ecosystem)

    $600,000
  9. Earn IncSan Francisco, CA

    Economic opportunity - national

    $500,000
  10. Mission Asset FundSan Francisco, CA

    Economic opportunity - national

    $500,000
  11. Neighborhood Trust Financial PartnersNew York, NY

    Economic opportunity - national

    $500,000
  12. Prosperity NowWashington, DC

    Economic opportunity - national

    $500,000
  13. Caf AmericaAlexandria, VA

    Economic opportunity - global

    $300,000
  14. Chapel & York Foundation IncNew York, NY

    Economic opportunity - global (ecosystem)

    $300,000
  15. Fund for the City of New York IncNew York, NY

    Economic opportunity - global (ecosystem)

    $300,000
  16. Myriad USA IncNew York, NY

    Economic opportunity - global (ecosystem)

    $300,000
  17. Accion Opportunity Fund Community DevelopmentSan Jose, CA

    Economic opportunity - national

    $250,000
  18. Build From Within AllianceSt Paul, MN

    Economic opportunity - national

    $250,000
  19. Change MachineBrooklyn, NY

    Economic opportunity - national

    $250,000
  20. DreamspringAlbuquerque, NM

    Economic opportunity - national

    $250,000
  21. Federation of Applachian Housing IncBerea, KY

    Economic opportunity - national

    $250,000
  22. Financial Health Network IncChicago, IL

    Economic opportunity - national

    $250,000
  23. Grameen America IncNew York, NY

    Economic opportunity - national

    $250,000
  24. MDC IncDurham, NC

    Economic opportunity - national

    $250,000
  25. New Majority Capital Foundation IncBoston, MA

    Economic opportunity - national

    $250,000
  26. Oklahoma Native Assets Coalition IncOklahoma City, OK

    Economic opportunity - national

    $250,000
  27. Opportunity Finance NetworkPhiladelphia, PA

    Economic opportunity - national

    $250,000
  28. Third Sector New England IncBoston, MA

    Economic opportunity - national (ecosystem)

    $250,000
  29. Build Wealth MN IncMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  30. Caf AmericaAlexandria, VA

    Economic opportunity - global

    $200,000
  31. Comunidades Latinas Unidas En Servicio IncSt Paul, MN

    Economic opportunity - hometown

    $200,000
  32. Hmong American PartnershipSaint Paul, MN

    Economic opportunity - hometown

    $200,000
  33. Hope Community IncMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  34. Juxtaposition IncMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  35. Local Initiatives Support CorporationNew York, NY

    Economic opportunity - hometown

    $200,000
  36. Mni Sota FundMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  37. Native Governance CenterMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $200,000
  38. Neighborhood Development Center IncSaint Paul, MN

    Economic opportunity - hometown

    $200,000
  39. Nexus Community PartnersMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $200,000
  40. Northside Economic Opportunity NetworkMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  41. Urban League Twin CitiesMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  42. Womens Foundation of MinnesotaMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $200,000
  43. YouthpriseMinneapolis, MN

    Economic opportunity - hometown

    $200,000
  44. African Development CenterMinneapolis, MN

    Economic opportunity - hometown

    $175,000
  45. American Indian Oic IncMinneapolis, MN

    Economic opportunity - hometown

    $175,000
  46. Capi USAMinneapolis, MN

    Economic opportunity - hometown

    $175,000
  47. Metropolitan Economic Development AssociationMinneapolis, MN

    Economic opportunity - hometown

    $175,000
  48. African Economic Development SolutionsSaint Paul, MN

    Economic opportunity - hometown

    $150,000
  49. All SquareMinneapolis, MN

    Economic opportunity - hometown

    $150,000
  50. Coalition of Asian American LeadersSaint Paul, MN

    Economic opportunity - hometown (ecosystem)

    $150,000
  51. Emerge Community DevelopmentMinneapolis, MN

    Economic opportunity - hometown

    $150,000
  52. Greater Twin Cities United WayMinneapolis, MN

    Economic opportunity - hometown

    $150,000
  53. Latino Economic Development CenterSaint Paul, MN

    Economic opportunity - hometown

    $150,000
  54. Metropolitan Consortium of Community DevelopersMinneapolis, MN

    Economic opportunity - hometown

    $150,000
  55. Minnesota Council of NonprofitsSaint Paul, MN

    Economic opportunity - hometown (ecosystem)

    $150,000
  56. Propel NonprofitsMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $150,000
  57. Springboard for the ArtsSaint Paul, MN

    Economic opportunity - hometown

    $150,000
  58. Summit Academy OicMinneapolis, MN

    Economic opportunity - hometown

    $150,000
  59. The Rondo Community Land TrustSaint Paul, MN

    Economic opportunity - hometown

    $150,000
  60. Hmong American Farmers AssociationWest St Paul, MN

    Economic opportunity - hometown

    $125,000
  61. LatinoleadSaint Paul, MN

    Economic opportunity - hometown (ecosystem)

    $120,000
  62. AeonMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  63. Commonbond CommunitiesMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  64. Connectup InstituteSaint Paul, MN

    Economic opportunity - hometown

    $100,000
  65. Cookie CartMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  66. Initiative FoundationLittle Falls, MN

    Economic opportunity - hometown (ecosystem)

    $100,000
  67. International Institute of MinnesotaSaint Paul, MN

    Economic opportunity - hometown

    $100,000
  68. Karen Organization of MinnesotaRoseville, MN

    Economic opportunity - hometown

    $100,000
  69. Lake Street CouncilMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  70. Northland FoundationDuluth, MN

    Economic opportunity - hometown (ecosystem)

    $100,000
  71. Pillsbury United CommunitiesMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $100,000
  72. Project for Pride in Living IncMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  73. Tiwahe FoundationMinneapolis, MN

    Economic opportunity - hometown (ecosystem)

    $100,000
  74. YWCA of MinneapolisMinneapolis, MN

    Economic opportunity - hometown

    $100,000
  75. American Indian Community Housing OrganizationDuluth, MN

    Economic opportunity - hometown

    $75,000
  76. City of Lakes Community Land TrustMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  77. Community Reinvestment Fund IncMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  78. Family Housing FundSt Paul, MN

    Economic opportunity - hometown

    $75,000
  79. H I R E DMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  80. Habitat for Humanity International IncSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  81. Home LineBloomington, MN

    Economic opportunity - hometown

    $75,000
  82. Jeremiah ProgramMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  83. Jobs FoundationSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  84. Minneapolis FoundationMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  85. Minnesota Assistance Council for VeteransSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  86. Model Cities of St Paul IncSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  87. Native American Community Development InstituteMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  88. Network for Better FuturesMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  89. Prepare and ProsperSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  90. Sabathani Community CenterMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  91. Vibrant & Safe DowntownMinneapolis, MN

    Economic opportunity - hometown

    $75,000
  92. Women VentureSaint Paul, MN

    Economic opportunity - hometown

    $75,000
  93. Alliance Housing IncMinneapolis, MN

    Economic opportunity - hometown

    $60,000
  94. Accessability IncMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  95. African Career Education and Resources IncBrooklyn Center, MN

    Economic opportunity - hometown

    $50,000
  96. Ain Dah Yung Our Home CenterSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  97. Amherst H Wilder FoundationSt Paul, MN

    Economic opportunity - hometown (ecosystem)

    $50,000
  98. Appetite for Change IncMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  99. Beacon Interfaith Housing CollaborativeSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  100. East Side Neighborhood Development CompanySaint Paul, MN

    Economic opportunity - hometown

    $50,000
  101. Emma Norton ServicesSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  102. Housing Justice CenterSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  103. Led by TruthMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  104. MicrograntsMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  105. Migizi Communications IncMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  106. Mind the GappHopkins, MN

    Economic opportunity - hometown

    $50,000
  107. Minnesota Home Ownership CenterSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  108. Minnesota Housing PartnershipSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  109. Neighborhood Development Alliance IncSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  110. PRG IncMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  111. The Market Entry FundSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  112. Urban Homeworks IncMinneapolis, MN

    Economic opportunity - hometown

    $50,000
  113. West Hennepin Affordable Housing Land TrustMinnetonka, MN

    Economic opportunity - hometown

    $50,000
  114. Young Womens Christian AssociationSaint Paul, MN

    Economic opportunity - hometown

    $50,000
  115. Exodus Financial ServicesSaint Paul, MN

    Economic opportunity - hometown

    $30,000
  116. Conorth (formerly Northcountry Cooperative Foundation)Saint Paul, MN

    Economic opportunity - hometown

    $25,000
  117. Elpis EnterprisesSaint Paul, MN

    Economic opportunity - hometown

    $25,000
  118. Fortis CapitalMinneapolis, MN

    Economic opportunity - hometown

    $25,000
  119. Greater Metropolitan Housing CorporationSaint Paul, MN

    Economic opportunity - hometown

    $25,000
  120. Habitat for Humanity of Minnesota IncSaint Paul, MN

    Economic opportunity - hometown

    $25,000
  121. Inquilinxs Unidxs Por Justicia - United Renters for JusticeMinneapolis, MN

    Economic opportunity - hometown

    $25,000
  122. New Impact FundMinneapolis, MN

    Economic opportunity - hometown

    $25,000
  123. Southwest Minnesota Housing PartnershipSlayton, MN

    Economic opportunity - hometown

    $25,000
  124. Wildflyer CoffeeMinneapolis, MN

    Economic opportunity - hometown

    $25,000
  125. Comunidades Organizando El Poder Y La Accion Latina Copal EducationMinneapolis, MN

    Economic opportunity - hometown

    $15,000

Approved for future payment

1 grant

Approved in 2024 and not yet paid.

  1. Massachusetts Institute of TechnologyBoston, MA

    Economic opportunity - global

    $1,000,000

Where the money goes

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

  1. Community development23 grants $5,425,00029% of the total
  2. Philanthropy and grantmaking15 grants $3,700,00020% of the total
  3. Human services20 grants $3,005,00016% of the total
  4. International aid3 grants $1,475,0008% of the total
  5. Housing and shelter18 grants $1,385,0007% of the total
  6. Jobs and employment8 grants $950,0005% of the total
  7. 7 other causes17 grants $2,585,00014% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota97 grants $9,825,000
  2. New York8 grants $3,900,000
  3. California5 grants $2,600,000
  4. District of Columbia2 grants $1,500,000
  5. Virginia3 grants $1,500,000
  6. Washington1 grant $1,000,000
  7. Colorado1 grant $750,000
  8. Massachusetts2 grants $500,000
  9. Illinois1 grant $250,000
  10. Kentucky1 grant $250,000

Officers, directors and trustees

8 people as filed

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

  • Kiera FernandezPRESIDENT & CHAIR Hours 1Pay $0
  • Bill FoudyTRUSTEE Hours 0.25Pay $0
  • Dave DonlinSECRETARY Hours 0.05Pay $0
  • Dexter NewmanTRUSTEE Hours 0.25Pay $0
  • Janine BrownASSISTANT TREASURER Hours 0.05Pay $0
  • Pam TomczikTREASURER Hours 0.05Pay $0
  • Amanda VelaTRUSTEE (BEG 05/24) Hours 0.25Pay $0
  • Sousan OrtegaTRUSTEE (BEG 03/24) Hours 0.25Pay $0

The return

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