Best Buy Foundation
Historical FunderRichfield, Minnesota · EIN 41-1784382 · Private foundation · Website
Grants paid (2024)$17.8M
Organizations funded1
Typical grant$17,830,197
Total assets$59.2M
Half of its grants to organizations were between $17,830,197 and $17,830,197.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | Best Buy Foundation |
|---|---|
| Address | 7601 Penn Ave South, Richfield MN 55423 |
| Phone | 6122911000 |
| Form and materials | Please see attached Statement 5a |
| Deadlines | Please see attached Statement 5a |
| Restrictions | Please see attached Statement 5a |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
Where it gives
0% of grants went outside Minnesota.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| See Attached Statement 3A | Richfield, MN | Supporting communitiies | $17,830,197 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $17,830,197 | 1 |
| 2023 | $13,458,232 | 1 |
| 2022 | $13,163,536 | 1 |
Sources
- IRS Form 990-PF, tax year 2024, filed Dec 17, 2025 - IRS e-file batch, object ID 202513519349100606
- IRS Tax Exempt Organization Search for EIN 41-1784382
- Profile updated Nov 9, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.