Private foundation · EIN 41-6017088 · Minneapolis, Minnesota

Target Foundation

Should you approach them?

Yes, approach them if you're in Minnesota. The foundation accepts applications (See our focus areas at web address above) and its median grant is $100K.

From the 2024 Form 990-PF: 125 grants paid, $23M total, median $100K. 78% of grants stayed in Minnesota. Stated restrictions: See our focus areas at web address above

Accepts applications
Yes
per 990-PF Part XV
Grants paid, 2024
125
$23M
Median grant
$100K
Stays in MN
78%
of grants
Deadline
See below
See our focus areas at web address above
Assets
$74M

How to apply

See our focus areas at: Https://corporate.target.com/sustainability-governance/target-foundation Contact: Target Foundation, Po Box 1455, Minneapolis, Mn, 6127619219 Deadlines: See our focus areas at web address above Restrictions: See our focus areas at web address above

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

Top 60 of 125 grants by amount · from Form 990-PF Part XV

RecipientPurposeAmount
Caf AmericaAlexandria, VAEconomic opportunity - global$1.0M
Co-Impact Philanthropic Funds IncNew York, NYEconomic opportunity - global$1.0M
Issara Institute IncVaughn, WAEconomic opportunity - global$1.0M
Peoples Courage International IncWashington, DCEconomic opportunity - global$1.0M
The Acumen Fund IncNew York, NYEconomic opportunity - global$1.0M
Common FutureSan Francisco, CAEconomic opportunity - national$750K
FIRST Nations Development InstituteLongmont, COEconomic opportunity - national$750K
PolicylinkOakland, CAEconomic opportunity - national (ecosystem)$600K
Earn IncSan Francisco, CAEconomic opportunity - national$500K
Mission Asset FundSan Francisco, CAEconomic opportunity - national$500K
Neighborhood Trust Financial PartnersNew York, NYEconomic opportunity - national$500K
Prosperity NowWashington, DCEconomic opportunity - national$500K
Caf AmericaAlexandria, VAEconomic opportunity - global$300K
Chapel & York Foundation IncNew York, NYEconomic opportunity - global (ecosystem)$300K
Fund for the City of New York IncNew York, NYEconomic opportunity - global (ecosystem)$300K
Myriad USA IncNew York, NYEconomic opportunity - global (ecosystem)$300K
Accion Opportunity Fund Community DevelopmentSan Jose, CAEconomic opportunity - national$250K
Build From Within AllianceSt Paul, MNEconomic opportunity - national$250K
Change MachineBrooklyn, NYEconomic opportunity - national$250K
DreamspringAlbuquerque, NMEconomic opportunity - national$250K
Federation of Applachian Housing IncBerea, KYEconomic opportunity - national$250K
Financial Health Network IncChicago, ILEconomic opportunity - national$250K
Grameen America IncJackson Heights, NYEconomic opportunity - national$250K
Mdc IncDurham, NCEconomic opportunity - national$250K
New Majority Capital Foundation IncWakefield, MAEconomic opportunity - national$250K
Oklahoma Native Assets Coalition IncOklahoma City, OKEconomic opportunity - national$250K
Opportunity Finance NetworkPhiladelphia, PAEconomic opportunity - national$250K
Third Sector New England IncBoston, MAEconomic opportunity - national (ecosystem)$250K
Build Wealth Mn IncMinneapolis, MNEconomic opportunity - hometown$200K
Caf AmericaAlexandria, VAEconomic opportunity - global$200K
Comunidades Latinas Unidas En Servicio IncSt Paul, MNEconomic opportunity - hometown$200K
Hmong American PartnershipSt Paul, MNEconomic opportunity - hometown$200K
Hope Community IncMinneapolis, MNEconomic opportunity - hometown$200K
Juxtaposition IncMinneapolis, MNEconomic opportunity - hometown$200K
Local Initiatives Support CorporationSt Paul, MNEconomic opportunity - hometown$200K
Mni Sota FundMinneapolis, MNEconomic opportunity - hometown$200K
Native Governance CenterMinneapolis, MNEconomic opportunity - hometown (ecosystem)$200K
Neighborhood Development Center IncSt Paul, MNEconomic opportunity - hometown$200K
Nexus Community PartnersSt Paul, MNEconomic opportunity - hometown (ecosystem)$200K
Northside Economic Opportunity NetworkMinneapolis, MNEconomic opportunity - hometown$200K
Urban League Twin CitiesMinneapolis, MNEconomic opportunity - hometown$200K
Womens Foundation of MinnesotaMinneapolis, MNEconomic opportunity - hometown (ecosystem)$200K
YouthpriseMinneapolis, MNEconomic opportunity - hometown$200K
African Development CenterMinneapolis, MNEconomic opportunity - hometown$175K
American Indian Oic IncMinneapolis, MNEconomic opportunity - hometown$175K
Capi USABrooklyn Center, MNEconomic opportunity - hometown$175K
Metropolitan Economic Development AssociationMinneapolis, MNEconomic opportunity - hometown$175K
African Economic Development SolutionsSt Paul, MNEconomic opportunity - hometown$150K
All SquareMinneapolis, MNEconomic opportunity - hometown$150K
Coalition of Asian American LeadersSt Paul, MNEconomic opportunity - hometown (ecosystem)$150K
Emerge Community DevelopmentMinneapolis, MNEconomic opportunity - hometown$150K
Greater Twin Cities United WayMinneapolis, MNEconomic opportunity - hometown$150K
Latino Economic Development CenterMinneapolis, MNEconomic opportunity - hometown$150K
Metropolitan Consortium of Community DevelopersMinneapolis, MNEconomic opportunity - hometown$150K
Minnesota Council of NonprofitsSt Paul, MNEconomic opportunity - hometown (ecosystem)$150K
Propel NonprofitsMinneapolis, MNEconomic opportunity - hometown (ecosystem)$150K
Springboard for the ArtsSt Paul, MNEconomic opportunity - hometown$150K
Summit Academy OicMinneapolis, MNEconomic opportunity - hometown$150K
The Rondo Community Land TrustSt Paul, MNEconomic opportunity - hometown$150K
Hmong American Farmers AssociationWest St Paul, MNEconomic opportunity - hometown$125K

By state: Minnesota 97 · New York 8 · California 5 · Virginia 3 · District of Columbia 2 · Washington 1

About this foundation

Target Foundation is a private grantmaking foundation in Minneapolis, Minnesota, tax-exempt since 1928. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

Foundation websiteAll filings on ProPublica

Does Target Foundation accept grant applications?

Yes. On its 2024 Form 990-PF the foundation indicates it accepts applications. See our focus areas at: Https://corporate.target.com/sustainability-governance/target-foundation Deadlines: See our focus areas at web address above.

How much does Target Foundation give each year?

In tax year 2024 it paid $23M across 125 grants, a median of $100K.

Where does Target Foundation give?

Minnesota (97 grants), New York (8 grants), California (5 grants) and elsewhere, per its latest filing.

More foundations near Minneapolis that accept applications

All in Minnesota
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
McKnight Foundationsince 1994 Minneapolis, MN $146M790 grants · 2024 $100KYes $2.7B
Cargill Foundationsince 1954 Minneapolis, MN $13M95 grants · 2024 $100KYes $307M
The Richard M Schulze Family Foundationsince 2014 Minneapolis, MN $48M1,431 grants · 2024 $5,000Yes $218M
The Mortenson Family Foundationsince 2001 Minneapolis, MN $6.2M262 grants · 2024 $15KYes $142M
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