Fastbreak Foundation
Accepts applications
Fastbreak Foundation is a private foundation in Minneapolis, Minnesota. In tax year 2024 it gave $125,000 in 5 grants; the typical grant was $25,000 and the largest $25,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$125,000
- Number of grants5
- Typical grant$25,000
- Largest grant$25,000
- Assets$527,029
- New grantees0%
Giving in 2024 was down from $225,000 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 | $176,000 | 6 | $864,418 |
| 2023 | $225,000 | 7 | $664,165 |
| 2024 | $125,000 | 5 | $527,029 |
How to apply
| Contact | Fastbreak Foundation 600 Hennepin Avenue Suite 300, Minneapolis, MN 55403 |
|---|---|
| Phone or email | (612) 673-1600 |
| What to submit | Grants should be submitted on a Grant Application Form provided by the Fastbreak Foundation. Information included on the Grant consists of a description of the requesting organization's history of service and statement of its purpose and objectives, the goals and objectives of the program, a timeline, a budget, and an expense breakdown between program and administrative expenses. The applicant should include a copy of the IRS ruling of tax exempt status under Section 501(c)(3), a donor's list of contributions granted during the past twelve months and a list of the officers and board of directors. A request should be made for a specific amount of money. |
| Restrictions | Local MN requests preferred. Recipient's goals should be consistent with the mission of the Fastbreak Foundation. |
Where it gives
All of its grants went to recipients in Minnesota.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 5 | $125,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| A Mother's Love Initiatives | Starting Five Grants | $25,000 |
| Playworks Minnesota | Starting Five Grants | $25,000 |
| Special Olympics Minnesota Inc | Starting Five Grants | $25,000 |
| Twin Cities Pride | Starting Five Grants | $25,000 |
| Youthlink MN | Starting Five Grants | $25,000 |
Officers and trustees
- Ethan Casson
- Jennifer Ridgeway
- Suzanne M Spellacy
- Pete Stene
- Glen A Taylor
- Brett Carter
- Kate Quinn
- Chanda Smith Baker
- Gavin Kaysen
- Rebekkah Brunson
Questions people ask
Does Fastbreak Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Fastbreak Foundation give?
$125,000 in tax year 2024, across 5 grants, with a typical grant of $25,000.
Who runs Fastbreak Foundation?
Its 2024 filing lists Ethan Casson (Chief Executive Officer (until April)), Jennifer Ridgeway (Executive Director), Suzanne M Spellacy (Secretary) and Pete Stene (Treasurer) among 10 officers and trustees.