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The Mb Foundation

Historical Funder

Edina, Minnesota · EIN 41-6421316 · Private foundation

Grants paid (2025)$280K
Organizations funded6
Typical grant$10,000
Total assets$3M

Half of its grants to organizations were between $10,000 and $100,000.

From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):

ContactTERRY LAURA BECKER
Address6909 DAKOTA TRAIL, EDINA MN 55439
Phone9529213994
EmailTBECKER@RIVERWAY.COM
Form and materialsLETTER FORMAT/STATEMENT. INCLUDE COPY OF IRS DETERMINATION LETTER.
DeadlinesNONE
RestrictionsTRUST IS OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF IRC SEC. 170(C) AND SEC. 501(C). THE TRUST WILL FUND GRANTS TO ORGANIATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAXATION UNDER IRC SEC. 501(A) BY VIRTUE OF BEING DESCRIBED IN IRC SEC. 501(C)(3) OR TO ORGANIZATIONS TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER IRC SECTIONS (170)(C)(2), 2055(A) AND 2522(A).

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.

  • Food Assistance2
  • Youth Sports1

Where it gives

16% of grants went outside Minnesota.

Grants paid in tax year 2025

RecipientLocationPurposeAmount
American Red CrossWashington, DCEmergency services$100,000
YMCAMinneapolis, MNBeacons/Bng programs$100,000
V3 SportsMinneapolis, MNGeneral funding$50,000
Second Harvest HeartlandBrooklyn Park, MNGeneral funding$10,000
Feed My Starving ChildrenCoon Rapids, MNMeals$10,000
YMCAMinneapolis, MNSilver sneakers program$10,000

Giving by year

Tax yearGrants paidGrant lines
2025$280,0006
2024$220,0004
2023$220,0004

Sources

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.