Constellation Fund

Organization Overview

Constellation Fund is located in Minneapolis, MN. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Constellation Fund employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Constellation Fund 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 06/2024, Constellation Fund generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $6.5m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Constellation Fund has awarded 158 individual grants totaling $16,645,363. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

FIGHT POVERTY IN THE TWIN CITIES BY RAISING THE LIVING STANDARDS OF INDIVIDUALS LIVING BELOW THE POVERTY LINE IN OUR SEVEN-COUNTY METROPOLITAN AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CONSTELLATION FUND IS BUILT TO HARNESS THE INCISIVE POWER OF MODERN ANALYTICS ALONGSIDE ON-THE-GROUND INSIGHTS TO ALLOCATE PRECIOUS PHILANTHROPIC RESOURCES TO THE PEOPLE AND PARTNERS CREATING THE MOST IMPACT IN THE FIGHT AGAINST POVERTY IN THE TWIN CITIES. WE USE QUANTITATIVE METRICS ALONGSIDE QUALITATIVE ANALYSIS TO SELECT OUR GRANTEE PARTNERS. OUR METRICS ARE BUILT USING THE BEST AVAILABLE EVIDENCE TO DEVELOP METRICS THAT ALLOW CONSTELLATION TO RELIABLY PROJECT THE LONG-TERM QUALITY-OF-LIFE IMPACT OF POVERTY-FIGHTING SERVICES RESULTING IN A BENEFIT-COST RATIO USED TO HELP OBJECTIVELY BUILD A PORTFOLIO OF THE MOST IMPACTFUL NONPROFITS ACROSS A BROAD SPECTRUM OF PROGRAMS AND INTERVENTIONS. IN FISCAL YEAR 2024, THIS APPROACH LED CONSTELLATION TO INVEST OVER $4 MILLION INTO 29 POVERTY-FIGHTING NONPROFITS WORKING ACROSS FOUR IMPACT AREAS: EDUCATION, EMPLOYMENT, HEALTH, AND HOUSING. CONSTELLATION'S EVIDENCE-DRIVEN ANALYSIS PROJECTS THAT THESE NONPROFITS WILL TURN EVERY DOLLAR OF THAT INVESTMENT INTO AN AVERAGE OF $6.30 OF LIFETIME HEALTH AND INCOME IMPROVEMENTS FOR INDIVIDUALS AND FAMILIES EXPERIENCING POVERTY IN OUR COMMUNITY. THE AVERAGE PROJECTED IMPACT OF THE NONPROFITS RECEIVING CONSTELLATION FUNDING LAST YEAR WAS MORE THAN THREE TIMES GREATER THAN THE AVERAGE OF $1.48-TO-1 FOR ALL OTHER ORGANIZATIONS THAT WE EVALUATED IN 2023.THE CONSTELLATION FUND CONTINUES TO EXPAND THE REACH OF OUR SIGNATURE CAPACITY BUILDING PROGRAM, BEYOND DOLLARS. BEYOND DOLLARS CREATES BEST-IN-CLASS PRO BONO EXPERIENCES THROUGH CURATED TEAMS OF VOLUNTEER EMPLOYEES FROM FORTUNE 500 CORPORATIONS TO MID-SIZED COMPANIES, WHO DELIVER UNPARALLELED CAPACITY-BUILDING SERVICES TO OUR IMPACTFUL NONPROFIT PARTNERS.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Dayton
Ceo/treasurer/secretary
$0
Tim Welsh
Board Chairperson
$0
Eric Dayton
Board Member
$0
Wendy Nelson
Board Member
$0
Marcia Page
Board Member
$0
Lynne Redleaf
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,025,843
Noncash contributions included in lines 1a–1f $304,050
Total Revenue from Contributions, Gifts, Grants & Similar$5,025,843
Total Program Service Revenue$0
Investment income $145,781
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $33,300
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,204,924

Grants Awarded

Over the last fiscal year, Constellation Fund has awarded $3,585,000 in support to 27 organizations.

Grant RecipientAmount

30000 FEET

PURPOSE: General operating support

$60,000

AIN DAH YUNG CENTER

PURPOSE: General operations

$75,000

ALLIANCE HOUSING

PURPOSE: General operating support

$75,000

ANNEX TEEN CLINIC

PURPOSE: General operating support

$175,000

AUGSBURG UNIVERSITY

PURPOSE: Project/programmatic support for Augsburg Family Scholars

$75,000

BANYAN COMMUNITY

PURPOSE: General operating support

$125,000
View Grant Profile

Peer Organizations

Organization NameAssets
Seeds Of Change Foundation
Sioux Falls, SD
$1,194,023
Worth County Development Authority
Northwood, IA
$6,157,684
Constellation Fund
Minneapolis, MN
$5,204,924
Washington County Riverboat Foundation
Washington, IA
$5,172,098
Catholic United Financial Foundation
St Paul, MN
$9,669,959
Fond Du Lac Area Foundation
Fond Du Lac, WI
$5,439,585
Make-A-Wish Foundation Of North Dakota
Fargo, ND
$1,723,404
Palo Alto County Gaming Development Corporation
Emmetsburg, IA
$1,933,845
Sovereign Equity Fund
Bismark, ND
$3,368,170
Raymond And Marie Goldbach Foundation Inc
Marathon, WI
$27,376,346
National Institute Forpharmaceutical Technology And Educa
Minneapolis, MN
$998,016
Wctc Foundation Inc
Pewaukee, WI
$1,181,604
Brat Fest Inc
Madison, WI
$892,904
River Road Foundation
Milwaukee, WI
$334,118
Mels Pig Roast
Cedarburg, WI
$633,329
Knox Foundation 25556120
Milwaukee, WI
$1,035,600
Betsy Hosch Patterson And Thomas O Patterson Foundation
Milwaukee, WI
$460,660
Foundation For A Healthy North Dakota
Bismarck, ND
$626,607
Peravid Foundation 25556100
Milwaukee, WI
$499,242
Stoughton Hospital Foundation Inc
Stoughton, WI
$2,005,542
Thundering Saints
Valley City, ND
$617,545
Orrion And Edith Barger Memorial Foundation Inc
Chamberlain, SD
$305,632
Little Warrior Foundation Inc
Brookfield, WI
$1,709,542
Hopkins Education Foundation
Hopkins, MN
$324,869
Kennedy Family Foundation Inc
Janesville, WI
$433,414

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