Sit Investment Associates Foundation
Invitation OnlyMinneapolis, Minnesota · EIN 41-1468021 · Private foundation
Grants paid (2024)$3.2M
Organizations funded118
Typical grant$5,000
Total assets$67.6M
Half of its grants to organizations were between $2,000 and $23,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
14% of grants went outside Minnesota.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Minnesota Foundation - Connecting Carlson Bldg Project | Minneapolis, MN | Operating | $785,000 |
| V3 Sports | Minneapolis, MN | Operating | $250,000 |
| Federated Insurance Foundation | Owatonna, MN | Operating | $200,000 |
| Food Group the | New Hope, MN | Operating | $150,000 |
| Second Harvest Heartland | Brooklyn Park, MN | Operating | $150,000 |
| Sharing & Caring Hands | Minneapolis, MN | Operating | $120,000 |
| Vocalessence - Bridge to the Future Campaign Pledge | Minneapolis, MN | Operating | $90,000 |
| Loaves & Fishes | Minneapolis, MN | Operating | $85,000 |
| Salvation Army - Northern Division | Roseville, MN | Operating | $85,000 |
| People Serving People Inc | Minneapolis, MN | Operating | $75,000 |
| Commonbond Communities | Saint Paul, MN | Operating | $60,000 |
| Metropolitan State University Foundation | Saint Paul, MN | Operating | $50,000 |
| Twin Cities Habitat for Humanity | Saint Paul, MN | Operating | $50,000 |
| Twin Cities Public Television (Tpt) | Saint Paul, MN | Operating | $50,000 |
| American Pancreatic Association | Leawood, KS | Operating | $50,000 |
| Lutheran Social Service | Saint Paul, MN | Operating | $40,000 |
| Minnesota Historical Society | Saint Paul, MN | Operating | $40,000 |
| Project Prep Olympic Development Program - Upper Midwest High School Elite | Bloomington, MN | Operating | $40,000 |
| Association of Asian American Investment Managers (Aaaim) 2024 | San Francisco, CA | Operating | $35,000 |
| Minneapolis Institute of Art | Minneapolis, MN | Operating | $35,000 |
| Greater Twin Cities United Way | Minneapolis, MN | Operating | $30,000 |
| Interfaith Outreach & Community Partners | Plymouth, MN | Operating | $30,000 |
| Prism | Golden Valley, MN | Operating | $30,000 |
| Project for Pride in Living | Minneapolis, MN | Operating | $30,000 |
| Vocalessence | Minneapolis, MN | Operating | $30,000 |
| American Red Cross - Northern Chapter | Minneapolis, MN | Operating | $25,000 |
| Ordway Center for the Performing Arts | Saint Paul, MN | Operating | $25,000 |
| Pillsbury United Communities | Minneapolis, MN | Operating | $25,000 |
| Smithsonian Institution | Boston, MA | Operating | $25,000 |
| Wallin Education Partners | Minneapolis, MN | Operating | $23,000 |
| Catholic Charities of Saint Paul and Minneapolis | St Paul, MN | Operating | $20,000 |
| Community Emergency Services | Minneapolis, MN | Operating | $20,000 |
| Greater Minneapolis Crisis Nursery | Minneapolis, MN | Operating | $20,000 |
| Marie Sandvik Center Inc | Minneapolis, MN | Operating | $20,000 |
| Minnesota Ovarian Cancer Alliance (Moca) | Minneapolis, MN | Operating | $20,000 |
| Saint Paul Chamber Orchestra | Saint Paul, MN | Operating | $20,000 |
| Concordia Language Villages | Moorhead, MN | Operating | $15,000 |
| Naz - Northside Achievement Zone | Minneapolis, MN | Operating | $15,000 |
| Northern Star Scouting - General Operating | Fort Snelling, MN | Operating | $15,000 |
| Pathways to Children | Minneapolis, MN | Operating | $15,000 |
| Ronald Mcdonald House Charities - Upper Midwest | Minneapolis, MN | Operating | $15,000 |
| University of Minnesota Foundation - Masonic Children's Hospital | Minneapolis, MN | Operating | $15,000 |
| Summit Academy Oic | Minneapolis, MN | Operating | $12,500 |
| Animal Humane Society | Golden Valley, MN | Operating | $11,000 |
| Bountiful Basket Foodshelf | Chaska, MN | Operating | $10,000 |
| Fraser | Minneapolis, MN | Operating | $10,000 |
| Global Minnesota | Minneapolis, MN | Operating | $10,000 |
| Minnesota Adult & Teen Challenge | Minneapolis, MN | Operating | $10,000 |
| Minnesota Council on Economic Education | Saint Paul, MN | Operating | $10,000 |
| University of Minnesota China Center Director's Fund | Minneapolis, MN | Operating | $10,000 |
| Pacer Center | Minneapolis, MN | Operating | $10,000 |
| Alexandra House | Blaine, MN | Operating | $7,500 |
| Gilda's Club Twin Cities | Minnetonka, MN | Operating | $7,500 |
| Alzheimer's Association Mn-Nd Chapter | Minnetonka, MN | Operating | $5,000 |
| Bolder Options | Minneapolis, MN | Operating | $5,000 |
| Children's Theatre Company | Minneapolis, MN | Operating | $5,000 |
| Guthrie Theater | Minneapolis, MN | Operating | $5,000 |
| Helping Paws | Hopkins, MN | Operating | $5,000 |
| Minnesota Children's Museum | Saint Paul, MN | Operating | $5,000 |
| New England Historic Genealogical Society | Boston, MA | Operating | $5,000 |
Showing the 60 largest of 118 grants to organizations.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $3,200,325 | 118 |
| 2023 | $2,700,000 | 117 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 17, 2025 - IRS e-file batch, object ID 202533219349106808
- IRS Tax Exempt Organization Search for EIN 41-1468021
- Profile updated Nov 4, 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.