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Best Buy Foundation

EIN: 41-1784382 • Richfield, MN
Total Assets
$59.2M
Foundation endowment scale
Annual Giving
$17.8M
Annual capital distribution
Typical Grant
$17,830,197
Most grants: $17.8M – $17.8M
Application Status
Invitation Only
Rolling review

About Best Buy Foundation Grantmaking

Best Buy Foundation is an institutional grantmaking foundation headquartered in Richfield, MN (EIN: 41-1784382). According to verified IRS Form 990-PF filings, the foundation maintains $59.2M in total assets and distributed $17.8M across 3 grants. Its typical award size is $17,830,197, with the middle 50% of awards falling between $17.8M and $17.8M. Its primary funding focus includes programmatic institutional grantmaking and community development, with the highest concentration of grants awarded in MN (100%).

Top Funded Causes% Capital
Top Recipient States% Dollars
MN State Recipients100%
$40.8M funded3 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)100%
3 large institutional grants
Mid-Sized ($25K–$100K)0%
0 standard program grants
Micro & Small (<$25K)0%
0 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Invitation Only / Preselected Grantees
Submission Deadlines

Quarterly review cycles. Applications accepted continuously.

Geographic Focus & Restrictions

Priority given to organizations registered and operating in MN or regional districts.

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 3 of 3 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
See Attached Statement 3aRichfield, MN2024$17,830,197Supporting communitiies
Statement 3aRichfield, MN2022$13,163,536Supporting communitiies
Statement 3aRichfield, MN2021$9,799,207Supporting communitiies

Frequently Asked Questions about Best Buy Foundation

Does Best Buy Foundation accept unsolicited grant proposals?

Best Buy Foundation operates on an invitation-only basis and primarily funds preselected organizations. Direct unsolicited applications are not currently reviewed.

What is the typical grant size from Best Buy Foundation?

The median grant size from Best Buy Foundation is $17,830,197, with the middle 50% of awards ranging between $17.8M and $17.8M.

What causes does Best Buy Foundation fund?

Best Buy Foundation awards grants supporting charitable, educational, and public benefit initiatives.

How do I contact Best Buy Foundation about a grant?

Best Buy Foundation is headquartered in Richfield, MN. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.