Margaret A Cargill Foundation
- Assets
- $0.0
- Revenue
- $286.4m
- Investments
- $3.1b
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 10/2014
- Data as of
- 12/2020
- EIN
- 37-1758406
Organization Overview
Margaret A Cargill Foundation is located in Eden Prairie, MN. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaret A Cargill Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Margaret A Cargill Foundation generated $286.4m in total revenue.
Since 2017, Margaret A Cargill Foundation has awarded 2,543 individual grants totaling $903,211,246. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Wischmeier Chief Investment Officer | 50 | $1,438,927 | |
Paul Busch Director/pres & CEO | 50 | $991,680 | |
Michael Ruetz Investment Director/ | 50 | $823,806 | |
Tricia Scrivner Investment Director | 50 | $703,489 | |
Rodney Overcash Investment Director | 50 | $689,572 | |
Christopher Vogt Investment Director | 50 | $677,655 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Record Currency Management | 12/30/21 | $765,530 |
Fisher Investments | 12/30/21 | $582,436 |
Chilton Investment Company Llc | 12/30/21 | $1,053,910 |
Financial Risk Group Inc | 12/30/21 | $318,673 |
Kauffman And Associates Inc | 12/30/21 | $295,834 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,863,350 |
| Profit on Inventory Sales | $0 |
| Other Income | $363,701 |
| Total Revenue | $286,444,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,462,331 |
| Pension plans, employee benefits | $4,268,667 |
| Depreciation | $1,519,399 |
| Occupancy | $515,838 |
| Travel, conferences, and meetings | $242,732 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $33,084,253 |
| Contributions, gifts, grants paid | $160,018,105 |
| Total expenses and disbursements | $193,102,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,261,231 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,646,493,155 |
| Other assets | $8,294,748 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $19,037,296 |
Grants Awarded
Over the last fiscal year, Margaret A Cargill Foundation has awarded $201,565,006 in support to 319 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT FOR NORTHERN TIER SHELTER INITIATIVE | $5,925,000 |
SAINT PAUL AND MINNESOTA FOUNDATION PURPOSE: SUPPORT FOR A DONOR ADVISED FUND AT THE MINNESOTA COMMUNITY FOUNDATION | $5,350,000 |
Minneapolis, MN PURPOSE: SUPPORT FOR THE MARGARET A. CARGILL FOUNDATION DONOR ADVISED FUND AT THE MPLS. FND. | $5,350,000 |
Washington, DC PURPOSE: SUPPORT FOR ENDURING EARTH PROJECT | $5,000,000 |
Washington, DC PURPOSE: SUPPORT FOR PETS FOR LIFE PROGRAM | $3,336,000 |
Baltimore, MD PURPOSE: SUPPORT FOR COMMUNITY-BASED STRUCTURES FOR DISASTER PREPAREDNESS AND MITIGATION | $3,100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Margaret A Cargill Foundation Eden Prairie, MN | $0 | $286,444,163 |
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Northwest Area Foundation St Paul, MN | $512,755,007 | $38,144,816 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Medtronic Communities Foundation Minneapolis, MN | $54,271,830 | $230,239 |
General Mills Foundation Minneapolis, MN | $0 | -$304,053 |
J A Wedum Foundation Plymouth, MN | $141,295,178 | $28,441,684 |