The Minnesota State Capitol

Form 990-PFTax year 2025EIN 41-6421316

The MB Foundation

A private foundation in Edina, MN. Its return for tax year 2025 lists 6 grants and $280,000 paid in grants.

Tax year 2025 (period ending Dec 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
Terry Laura Becker
6909 Dakota Trail
Edina, MN 55439
(952) 921-3994
[email protected]
Form and materials
Letter format/statement. Include copy of IRS determination letter.
Deadlines
None
Restrictions
Trust is operated exclusively for religious, charitable, scientific, literary and educational purposes within the meaning of irc sec. 170(c) and sec. 501(c). The trust will fund grants to organiations which are exempt from federal income taxation under irc sec. 501(a) by virtue of being described in irc sec. 501(c)(3) or to organizations to which contributions are deductible under irc sections (170)(c)(2), 2055(a) and 2522(a).

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $280,000

    Grants listed
    6
    Assets, end of year
    $320,096
  • Tax year 2024

    $220,000

    Grants listed
    4
    Assets, end of year
    $354,047
  • Tax year 2023

    $220,000

    Grants listed
    4
    Assets, end of year
    $364,920
  • Tax year 2022

    $50,000

    Grants listed
    1
    Assets, end of year
    $343,280
  • Tax year 2021

    $50,000

    Grants listed
    1
    Assets, end of year
    $339,007
  • Tax year 2020

    $225,000

    Grants listed
    5
    Assets, end of year
    $347,036
  • Tax year 2019

    $100,000

    Grants listed
    3
    Assets, end of year
    $335,516
  • Tax year 2018

    $175,000

    Grants listed
    4
    Assets, end of year
    $340,169

Grants paid in 2025

6 grants, largest first

As listed on the return.

  1. American Red CrossWashington, DC

    Emergency services

    $100,000
  2. YMCAMinneapolis, MN

    Beacons/bng programs

    $100,000
  3. V3 SportsMinneapolis, MN

    General funding

    $50,000
  4. Second Harvest HeartlandBrooklyn Park, MN

    General funding

    $10,000
  5. Feed My Starving ChildrenCoon Rapids, MN

    Meals

    $10,000
  6. YMCAMinneapolis, MN

    Silver sneakers program

    $10,000

Where the money goes

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

  1. Human services1 grant $100,00059% of the total
  2. Sports and recreation1 grant $50,00029% of the total
  3. Food and agriculture1 grant $10,0006% of the total
  4. International aid1 grant $10,0006% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota5 grants $180,000
  2. District of Columbia1 grant $100,000

Officers, directors and trustees

2 people as filed

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

  • Laura LB BeckerTRUSTEE Hours 0Pay $0
  • Terry R BeckerTRUSTEE Hours 0Pay $0

The return

More foundations

Similar foundations

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

  1. Edina Realty FoundationEdina, MN 140 grants Accepts applications $293,205 giving
  2. Riverway FoundationEdina, MN 42 grants Accepts applications $237,350 giving
  3. March Family FoundationEdina, MN 23 grants Preselected only $415,000 giving
  4. Peter and Dorothy Lapp FoundationEdina, MN 13 grants Preselected only $95,000 giving
  5. Stroh Family FoundationEdina, MN 44 grants Accepts applications $94,250 giving