Opus Foundation is located in Minneapolis, MN. The organization was established in 2000. 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. Opus Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Opus Foundation has awarded 525 individual grants totaling $11,536,078. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Rauenhorst President/chair | 1 | $0 | |
Kristin Ridley Vice President | 1 | $0 | |
Kate Seng Vice President | 1 | $0 | |
Anne Peacock Treasurer/secretary | 1 | $0 | |
Kristen Grubb Tax Officer | 1 | $0 | |
Joe Downs Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $5,812,711 |
Interest on Savings | $37,877 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $13,697,981 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $17,803,399 |
Total Revenue | $23,653,987 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $436,058 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $87 |
Printing and publications | $0 |
Other expenses | $12,516 |
Total operating and administrative expenses | $1,129,608 |
Contributions, gifts, grants paid | $4,251,056 |
Total expenses and disbursements | $5,380,664 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,558,075 |
Net Accounts receivable | $1,250 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,000 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $107,781,886 |
Net Land, buildings, and equipment | $0 |
Other assets | $2,000,000 |
Total assets | $116,344,211 |
Accounts payable and accrued expenses | $215,041 |
Grants payable | $1,717,211 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $366,500 |
Total liabilities | $2,298,752 |
Over the last fiscal year, Opus Foundation has awarded $4,583,845 in support to 170 organizations.
Grant Recipient | Amount |
---|---|
St Paul, MN PURPOSE: DIVERSIFYING THE FUTURE OF REAL ESTATE | $1,000,000 |
St Paul, MN PURPOSE: DIVERSIFYING THE FUTURE OF REAL ESTATE | $500,000 |
PILLSBURY UNITED COMMUNITIES PURPOSE: JUSTICE BUILT COMMUNITIES | $300,000 |
PILLSBURY UNITED COMMUNITIES PURPOSE: JUSTICE BUILT COMMUNITIES | $150,000 |
TWIN CITIES HABITAT FOR HUMANITY PURPOSE: INCREASING ACCESS TO HOMEOWNERSHIP FOR FOUNDATIONAL BLACK AMERICANS | $150,000 |
ST MARY'S EARLY CHILDHOOD CENTER PURPOSE: 2GENERATION PROGRAM | $100,000 |
Over the last fiscal year, we have identified 1 grants that Opus Foundation has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
National Football League Alumni Inc Mount Laurel, NJ PURPOSE: GENERAL SUPPORT | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
American Family Insurance Dreams Foundation Inc Madison, WI | $10,733,127 | $6,580,229 |
Joseph And Vera Zilber Charitable Foundation Inc Milwaukee, WI | $301,880,639 | $24,555,392 |
Argosy Foundation Milwaukee, WI | $36,932,110 | $41,277,914 |
Cargill Foundation Minneapolis, MN | $286,172,868 | $105,535,102 |
Schoeneckers Foundation Minneapolis, MN | $145,295,949 | $7,540,866 |
The Curtis L Carlson Family Foundation Minnetonka, MN | $300,826,673 | $21,132,663 |
Principal Financial Group Foundation Inc Des Moines, IA | $217,742,870 | $19,396,180 |
Herbert H Kohl Charities Inc Milwaukee, WI | $19,332,679 | $4,430,173 |
Andreas Foundation Mankato, MN | $70,794,995 | $28,410,107 |
Frechette Family Foundation Minneapolis, MN | $167,055,978 | $9,430,765 |