General Mills Foundation
- Assets
- $0.0
- Revenue
- -$304.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/1955
- Data as of
- 12/2021
- EIN
- 41-6018495
Organization Overview
General Mills Foundation is located in Minneapolis, MN. The organization was established in 1955. 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. General Mills 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 2021, General Mills Foundation has awarded 166 individual grants totaling $44,087,032. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Harmening Chairman, Board Of Trustees | 0 | $0 | |
Mary J Melendez President | 3 | $0 | |
Nicola Dixon Executive Director, Secretary | 15 | $0 | |
Edgar Deguia Treasurer | 0 | $0 | |
Wendy Unglaub Assistant Treasurer | 0 | $0 | |
Richard C Allendorf Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $964 |
| Dividends & Interest | $109,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$414,050 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$304,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $384 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,000 |
| Total operating and administrative expenses | $82,750 |
| Contributions, gifts, grants paid | $28,945,341 |
| Total expenses and disbursements | $29,028,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, General Mills Foundation has awarded $28,945,341 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVE MINNEAPOLIS PURPOSE: CAREER & COLLEGE INITIATIVE | $50,000 |
AFSA HIGH SCHOOL PURPOSE: ACTIVITY BUSING | $25,000 |
BESTPREP PURPOSE: YOUTH EDUCATION PROGRAMS AND RACIAL EQUITY ADVANCEMENTS | $40,000 |
BOYS & GIRLS CLUBS OF THE TWIN CITIES PURPOSE: OPERATING SUPPORT | $50,000 |
BIG BROTHERS BIG SISTERS OF GREATER TWIN CITIES PURPOSE: OPERATING SUPPORT | $60,000 |
CAPI USA PURPOSE: FOOD SHELF PROGRAMMING | $40,000 |