Margaret A Cargill Foundation
- Assets
- $0.0
- Revenue
- $151.7m
- Investments
- $3.5b
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 10/2014
- Data as of
- 12/2021
- 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 12/2021, Margaret A Cargill Foundation generated $151.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $183.4m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Margaret A Cargill Foundation has awarded 2,866 individual grants totaling $1,107,586,507. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Morse Board Chair | 8 | $65,000 | |
Paul Busch Director/pres & CEO | 50 | $1,013,038 | |
Naomi Horsager Treasurer/cfo | 50 | $579,519 | |
Heather Kukla Secretary/vp & Gen Counsel | 50 | $573,661 | |
Right Reverend John Chane Director | 5 | $41,000 | |
Win Neuger Director | 5 | $45,250 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chilton Investment Company Llc | 12/30/22 | $1,145,006 |
Record Currency Mgmt | 12/30/22 | $801,546 |
State Street Global Advisors | 12/30/22 | $798,536 |
Organizational Research Services Inc | 12/30/22 | $659,100 |
Encompass Llc | 12/30/22 | $413,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,662,668 |
| Profit on Inventory Sales | $0 |
| Other Income | $386,643 |
| Total Revenue | $151,709,717 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,359,216 |
| Pension plans, employee benefits | $3,137,191 |
| Depreciation | $1,373,445 |
| Occupancy | $460,665 |
| Travel, conferences, and meetings | $46,395 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $34,412,223 |
| Contributions, gifts, grants paid | $148,948,561 |
| Total expenses and disbursements | $183,360,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,277,076 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,013,281,347 |
| Other assets | $12,069,190 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $24,990,911 |
Grants Awarded
Over the last fiscal year, Margaret A Cargill Foundation has awarded $204,375,261 in support to 323 organizations.
| Grant Recipient | Amount |
|---|---|
ALIA PURPOSE: SUPPORTING FAMILIES TO BE SAFE TOGETHER BUILDS A ROCK-SOLID COMMUNITY | $700,000 |
ARTS MIDWEST PURPOSE: SCANDINAVIAN ENSEMBLE TOURS IN THE MIDWEST | $50,000 |
ALASKA STATE COUNCIL ON THE ARTS PURPOSE: ASCA MUNARTET PROJECT RENEWAL | $600,000 |
AMERICAN ASSOCIATION OF VETERINARY MEDICAL COLLEGES PURPOSE: DIVERSITY, EQUITY AND INCLUSION TRAINING PROGRAMS | $374,000 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: WOUNSPEKIYA UNSPEWICAKIYAPI (TEACHING TEACHERS) NATIVE TEACHER EDUCATION | $335,500 |
AMERICAN UNIVERSITY PURPOSE: SUPPORT FOR EQUITABLE ACCESS TO REPRODUCTIVE, MATERNAL, AND CHILD HEALTH | $1,000,000 |