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Target Foundation

EIN: 41-6017088 • Minneapolis, MN
Total Assets
$73.9M
Foundation endowment scale
Annual Giving
$23.1M
Annual capital distribution
Typical Grant
$100,000
Most grants: $50K – $200K
Application Status
Invitation Only
Rolling review

About Target Foundation Grantmaking

Target Foundation is an institutional grantmaking foundation headquartered in Minneapolis, MN (EIN: 41-6017088). According to verified IRS Form 990-PF filings, the foundation maintains $73.9M in total assets and distributed $23.1M across 269 grants. Its typical award size is $100,000, with the middle 50% of awards falling between $50K and $200K. Its primary funding focus includes Community & Economic Dev (33%), International Affairs (23%), Philanthropy & Grantmaking (19%), with the highest concentration of grants awarded in MN (50%) and NY (19%).

Top Funded Causes% Capital
Community & Economic Dev33%
$10.5M deployed46 awards
International Affairs23%
$7.3M deployed12 awards
Philanthropy & Grantmaking19%
$6.2M deployed27 awards
Human Services & Relief18%
$5.7M deployed43 awards
Housing & Shelter7%
$2.2M deployed32 awards
Top Recipient States% Dollars
MN State Recipients50%
$20.8M funded204 grants
NY State Recipients19%
$7.9M funded16 grants
CA State Recipients15%
$6M funded14 grants
DC State Recipients9%
$3.9M funded7 grants
VA State Recipients7%
$2.7M funded6 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)61%
163 large institutional grants
Mid-Sized ($25K–$100K)38%
101 standard program grants
Micro & Small (<$25K)2%
5 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 5 of 269 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
The Acumen Fund INCNew York, NY2024$1,000,000Economic opportunity - global
Co-impact Philanthropic Funds INCNew York City, NY2024$1,000,000Economic opportunity - global
Peoples Courage International INCWashington, DC2024$1,000,000Economic opportunity - global
Caf AmericaAlexandria, VA2024$1,000,000Economic opportunity - global
Issara Institute INCVaughn, WA2024$1,000,000Economic opportunity - global
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Frequently Asked Questions about Target Foundation

Does Target Foundation accept unsolicited grant proposals?

Target 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 Target Foundation?

The median grant size from Target Foundation is $100,000, with the middle 50% of awards ranging between $50K and $200K.

What causes does Target Foundation fund?

Over recent Form 990-PF filings, Target Foundation's primary funding areas have been Community & Economic Dev, International Affairs, Philanthropy & Grantmaking.

How do I contact Target Foundation about a grant?

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