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Foundation Lookup

Form 990-PFTax year 2024EIN 41-6030639

RBC Foundation - USA

A private foundation in Minneapolis, MN. Its return for tax year 2024 lists 8 grants and $10.4 million paid in grants.

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

Tax year 2024 (period ending Oct 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
Martha Baumbach
250 Nicollet Mall Suite 1900
Minneapolis, MN 55401
(612) 219-7795
[email protected]
Form and materials
Information can be found at https://www.rbcwealthmanagement.com/us/en/community-events/foundation- grants/giving-guidelines
Deadlines
January 30 and June 30
Restrictions
Information can be found at https://www.rbcwealthmanagement.com/us/en/community-events/foundation- grants/giving-guidelines

Assets and giving by year

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

  • Tax year 2024

    $10,409,221

    Grants listed
    8
    Assets, end of year
    $1,214,318

  • Tax year 2023

    $12,193,575

    Grants listed
    8
    Assets, end of year
    $112,004

  • Tax year 2022

    $10,202,675

    Grants listed
    8
    Assets, end of year
    $781,671

  • Tax year 2021

    $7,033,430

    Grants listed
    7
    Assets, end of year
    $680,223

  • Tax year 2020

    $4,482,934

    Grants listed
    8
    Assets, end of year
    $813,620

  • Tax year 2019

    $5,745,968

    Grants listed
    8
    Assets, end of year
    $408,220

Grants paid in 2024

8 grants, largest first

As listed on the return.

  1. Other DistributionsMinneapolis, MN

    General

    $7,472,686
  2. Divisional ProgramMinneapolis, MN

    General

    $967,000
  3. Twin Cities Grant ProgramMinneapolis, MN

    General

    $700,000
  4. Employee Gift MatchingMinneapolis, MN

    General

    $617,685
  5. CorporateCapital GrantsMinneapolis, MN

    General

    $305,000
  6. Discretionary FundsMinneapolis, MN

    General

    $300,000
  7. United Way Branch MatchingMinneapolis, MN

    General

    $31,850
  8. EnvironmentJoint FundMinneapolis, MN

    General

    $15,000

Approved for future payment

8 grants

Approved in 2024 and not yet paid.

  1. Boyer Children's ClinicSeattle, WA

    General

    $0
  2. Comers Children's HospitalChicago, IL

    General

    $0
  3. Ronald McDonald House Charities - Upper MidwestMinneapolis, MN

    General

    $0
  4. Memorial Sloan KetteringNew York, NY

    General

    $0
  5. The Saint Paul and Minnesota FoundationSaint Paul, MN

    General

    $0
  6. TubmanMinneapolis, MN

    General

    $0
  7. Greater Twin Cities United WayMinneapolis, MN

    General

    $0
  8. The Walker Art CenterMinneapolis, MN

    General

    $0

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Minnesota8 grants $10,409,221

Officers, directors and trustees

14 people as filed

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

  • Martha BaumbachPresident Hours 0Pay $0
  • Julie AllenSenior Manager Hours 0Pay $0
  • Wally ChapmanAdvisory Board Hours 0Pay $0
  • Darryl TraweekAdvisory Board Hours 0Pay $0
  • Pat VaughanAdvisory Board Hours 0Pay $0
  • Janet BeckerAdvisory Board Hours 0Pay $0
  • Erin MurphyAdvisory Board Hours 0Pay $0
  • Cara McAdaraghAdvisory Board Hours 0Pay $0
  • Anya NorrisAdvisory Board Hours 0Pay $0
  • Laurie MountAdvisory Board Hours 0Pay $0
  • Madeline JohnsonAdvisory Board Hours 0Pay $0
  • Tom SagissorAdvisory Board Hours 0Pay $0
  • Shareen LuzeAdvisory Board Hours 0Pay $0
  • Danelle DeanAdvisory Board Hours 0Pay $0

The return

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