Target Foundation
Historical FunderMinneapolis, Minnesota · EIN 41-6017088 · Private foundation · Website
Grants paid (2024)$23.1M
Organizations funded125
Typical grant$100,000
Total assets$73.9M
Half of its grants to organizations were between $50,000 and $200,000.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | TARGET FOUNDATION |
|---|---|
| Address | PO BOX 1455, MINNEAPOLIS MN 55440 |
| Phone | 6127619219 |
| Form and materials | SEE OUR FOCUS AREAS AT: HTTPS://CORPORATE.TARGET.COM/SUSTAINABILITY-GOVERNANCE/TARGET-FOUNDATION |
| Deadlines | SEE OUR FOCUS AREAS AT WEB ADDRESS ABOVE |
| Restrictions | SEE OUR FOCUS AREAS AT WEB ADDRESS ABOVE |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
22% of grants went outside Minnesota.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Caf America | Alexandria, VA | Economic opportunity - global | $1,000,000 |
| Co-Impact Philanthropic Funds Inc | New York City, NY | Economic opportunity - global | $1,000,000 |
| Issara Institute Inc | Vaughn, WA | Economic opportunity - global | $1,000,000 |
| Peoples Courage International Inc | Washington, DC | Economic opportunity - global | $1,000,000 |
| The Acumen Fund Inc | New York, NY | Economic opportunity - global | $1,000,000 |
| Common Future | San Francisco, CA | Economic opportunity - national | $750,000 |
| First Nations Development Institute | Longmont, CO | Economic opportunity - national | $750,000 |
| Policylink | Oakland, CA | Economic opportunity - national (ecosystem) | $600,000 |
| Earn Inc | San Francisco, CA | Economic opportunity - national | $500,000 |
| Mission Asset Fund | San Francisco, CA | Economic opportunity - national | $500,000 |
| Neighborhood Trust Financial Partners | New York, NY | Economic opportunity - national | $500,000 |
| Prosperity Now | Washington, DC | Economic opportunity - national | $500,000 |
| Caf America | Alexandria, VA | Economic opportunity - global | $300,000 |
| Chapel & York Foundation Inc | New York, NY | Economic opportunity - global (ecosystem) | $300,000 |
| Fund for the City of New York Inc | New York, NY | Economic opportunity - global (ecosystem) | $300,000 |
| Myriad USA Inc | New York, NY | Economic opportunity - global (ecosystem) | $300,000 |
| Accion Opportunity Fund Community Development | San Jose, CA | Economic opportunity - national | $250,000 |
| Build From Within Alliance | Saint Paul, MN | Economic opportunity - national | $250,000 |
| Change Machine | Brooklyn, NY | Economic opportunity - national | $250,000 |
| Dreamspring | Albuquerque, NM | Economic opportunity - national | $250,000 |
| Federation of Applachian Housing Inc | Berea, KY | Economic opportunity - national | $250,000 |
| Financial Health Network Inc | Chicago, IL | Economic opportunity - national | $250,000 |
| Grameen America Inc | Jackson Hts, NY | Economic opportunity - national | $250,000 |
| Mdc Inc | Durham, NC | Economic opportunity - national | $250,000 |
| New Majority Capital Foundation Inc | Wakefield, MA | Economic opportunity - national | $250,000 |
| Oklahoma Native Assets Coalition Inc | Oklahoma City, OK | Economic opportunity - national | $250,000 |
| Opportunity Finance Network | Philadelphia, PA | Economic opportunity - national | $250,000 |
| Third Sector New England Inc | Boston, MA | Economic opportunity - national (ecosystem) | $250,000 |
| Build Wealth Mn Inc | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Caf America | Alexandria, VA | Economic opportunity - global | $200,000 |
| Comunidades Latinas Unidas En Servicio Inc | Saint Paul, MN | Economic opportunity - hometown | $200,000 |
| Hmong American Partnership | Saint Paul, MN | Economic opportunity - hometown | $200,000 |
| Hope Community Inc | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Juxtaposition Inc | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Local Initiatives Support Corporation | St Paul, MN | Economic opportunity - hometown | $200,000 |
| Mni Sota Fund | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Native Governance Center | Minneapolis, MN | Economic opportunity - hometown (ecosystem) | $200,000 |
| Neighborhood Development Center Inc | Saint Paul, MN | Economic opportunity - hometown | $200,000 |
| Nexus Community Partners | Saint Paul, MN | Economic opportunity - hometown (ecosystem) | $200,000 |
| Northside Economic Opportunity Network | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Urban League Twin Cities | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| Womens Foundation of Minnesota | Minneapolis, MN | Economic opportunity - hometown (ecosystem) | $200,000 |
| Youthprise | Minneapolis, MN | Economic opportunity - hometown | $200,000 |
| African Development Center | Minneapolis, MN | Economic opportunity - hometown | $175,000 |
| American Indian Oic Inc | Minneapolis, MN | Economic opportunity - hometown | $175,000 |
| Capi USA | Brooklyn Ctr, MN | Economic opportunity - hometown | $175,000 |
| Metropolitan Economic Development Association | Minneapolis, MN | Economic opportunity - hometown | $175,000 |
| African Economic Development Solutions | Saint Paul, MN | Economic opportunity - hometown | $150,000 |
| All Square | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| Coalition of Asian American Leaders | Saint Paul, MN | Economic opportunity - hometown (ecosystem) | $150,000 |
| Emerge Community Development | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| Greater Twin Cities United Way | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| Latino Economic Development Center | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| Metropolitan Consortium of Community Developers | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| Minnesota Council of Nonprofits | Saint Paul, MN | Economic opportunity - hometown (ecosystem) | $150,000 |
| Propel Nonprofits | Minneapolis, MN | Economic opportunity - hometown (ecosystem) | $150,000 |
| Springboard for the Arts | Saint Paul, MN | Economic opportunity - hometown | $150,000 |
| Summit Academy Oic | Minneapolis, MN | Economic opportunity - hometown | $150,000 |
| The Rondo Community Land Trust | Saint Paul, MN | Economic opportunity - hometown | $150,000 |
| Hmong American Farmers Association | West Saint Paul, MN | Economic opportunity - hometown | $125,000 |
Showing the 60 largest of 125 grants to organizations.
Grants approved for future payment
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Massachusetts Institute of Technology | Boston, MA | Economic opportunity - global | $1,000,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $23,075,000 | 126 |
| 2023 | $27,255,000 | 138 |
Sources
- IRS Form 990-PF, tax year 2024, filed Dec 11, 2025 - IRS e-file batch, object ID 202513459349100001
- IRS Tax Exempt Organization Search for EIN 41-6017088
- 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.