Minerd Foundation

The information for Minerd Foundation is as of the organization's most recent filing in December 2019. This organization is located in Chicago, IL. It has been in existence for 4 years, following its founding in 2015.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Minerd Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Grant History

Our dataset has two years of grant history for the Minerd Foundation. In that period, they have awarded twenty grants, with an average check size of $208,828. The organization has distributed grants across four different sectors, with Human Services (3), Religion-Related (2), and Education (2) being the most common. Additionally, the organization most frequently awards grants in the state of California (10), New York (6), Illinois (2), Oregon (1), and Tennessee (1).