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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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

2550 University Avenue W, Ste 200 N
St. Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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