Best Buy Foundation
Accepts applications
Best Buy Foundation is a private foundation in Richfield, Minnesota. In tax year 2024 it gave $17.8 million in 1 grant; the typical grant was $17.8 million and the largest $17.8 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$17.8 million
- Number of grants1
- Typical grant$17.8 million
- Largest grant$17.8 million
- Assets$59.2 million
- New grantees0%
Giving in 2024 was up from $13.5 million the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $13.2 million | 1 | $58.3 million |
| 2023 | $13.5 million | 1 | $61.0 million |
| 2024 | $17.8 million | 1 | $59.2 million |
How to apply
| Contact | Best Buy Foundation 7601 Penn Ave South, Richfield, MN 55423 |
|---|---|
| Phone or email | (612) 291-1000 |
| What to submit, deadlines, restrictions | Please see attached Statement 5a |
Foundation website IRS filings on ProPublica
Where it gives
All of its grants went to recipients in Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 1 | $17.8 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement 3A | Supporting communitiies | $17.8 million |
Officers and trustees
- Todd Hartman
- Molly Kinsella
- Mat Watson
- Corie Barry
- Jason Bonfig
- Meghan Condon
- Melanie Cornell
- David Garcia
- Amelia Hardy
- Jeff Haydock
- Mark Irvin
- Chemu Lang'at
- Patrick McIntyre
- Polly Tracey
- Jennie Weber
Questions people ask
Does Best Buy Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Please see attached Statement 5a.
How much does Best Buy Foundation give?
$17.8 million in tax year 2024, across 1 grant, with a typical grant of $17.8 million.
Who runs Best Buy Foundation?
Its 2024 filing lists Todd Hartman (President), Molly Kinsella (Secretary), Mat Watson (Treasurer) and Corie Barry (Trustee) among 15 officers and trustees.