PFund Foundation

Mission Statement

PFund Foundation builds equity with LGBTQ+ communities across the Upper Midwest by providing grants and scholarships, developing leaders, and inspiring giving.

Impact and Programs

Accomplishments PFund Foundation distributed over $125,000 in scholarships distributed to 50 students in and from the upper Midwest, $125,000 to 17 organizations that are located in or serve rural queer populations. PFund also awarded $105,000 in grants from its Equity Fund for Queer Entrepreneurs of Color this year.
Current Goals PFund's programmatic goals for Fiscal Year 2023-2024 include distributing over $300,000 in Equity Fund grants to new queer businesses, over $125,000 in grants to queer nonprofits, and over $125,000 in scholarships to queer students across the Upper Midwest.
Community or Constituency Served LGBTQ+ leaders, students, nonprofits and new businesses.
Geographic Area Served The Upper Midwest - Minnesota, Wisconsin, Iowa, North Dakota and South Dakota.

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their website, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
Major Program Expenses
Readiness and Resilience:
$100,000
Scholarships:
$140,000
Organizational Grants:
$751,250
Sponsorships:
$20,000
3 Year Average Expenses
Program Services
$479,249
74.7%
Management
$99,534
15.5%
Fundraising
$62,640
9.8%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2021
$267,403
$231,917
$35,486
2020
$231,917
$133,506
$98,411
2019
$133,506
$115,329
$18,177

Notes from the Council

Organization Last Reviewed on 02/13/2024

This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Return to List of Reviewed Nonprofits

Connect

Address:
P.O. Box 3640
Minneapolis, MN 55403
Phone: 612-870-1806

General Information

Alternative Name: Philanthrofund Foundation
EIN: 36-3567019
Principal Staff: Aaron Zimmerman
Number of Full-Time Equivalents (FTE): 4.75
Volunteer Opportunities: Yes
Number of Clients: 100
Ruling Year: 1988

Board

Board Chair: Becky Smith
Number of Board Members: 8
Board Meetings with Quorum: 7
Average Member Attendance: 5.4

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Charities Review Council

Our mission is building donor and nonprofit relationships for strong, vibrant and just communities. We envision healthy communities for all, benefiting from effective and trustworthy nonprofits that are supported by a well-informed public’s generosity.

Let’s Connect

1915 Highway 36 W Ste 133 • Roseville, Minnesota 55113-2709
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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