Gold Bay Foundation
Preselected recipients only
Gold Bay Foundation is a private foundation in Minneapolis, Minnesota. In tax year 2024 it gave $2.5 million in 11 grants; the typical grant was $10,000 and the largest $2.4 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.5 million
- Number of grants11
- Typical grant$10,000
- Largest grant$2.4 million
- Assets$32.3 million
- New grantees22%
Giving in 2024 was up from $945,002 the year before.
22% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $945,002 | 13 | $30.8 million |
| 2024 | $2.5 million | 11 | $32.3 million |
How to apply
Gold Bay Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Gold Bay Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 1 | $2.4 million |
| Minnesota | 9 | $166,000 |
| Wisconsin | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable | General Operating Support | $2.4 million |
| Minnesota Orchestral Association | Partner with A Section | $100,000 |
| Minnesota Orchestral Association | Fund the Music | $25,000 |
| Minnesota Orchestral Association | 2024 Symphony Ball | $10,000 |
| Temple of Israel | Voices 2024 | $10,000 |
| Scandia Heritage Alliance | Support for the Water Tower Barn | $10,000 |
| Wild Rivers Conservancy of the St Croix | General Operating Support | $10,000 |
| Friends of Hennepin County Library | General Operating Support | $5,000 |
| University of Minnesota Foundation | Solar Vehicle Project | $2,500 |
| Friends of St Paul Public Library | General Operating Support | $2,500 |
| Advocates for Human Rights | General Operating Support | $1,000 |
Officers and trustees
- Barbara Gold Lurie
- Keith Lurie
Questions people ask
Does Gold Bay Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Gold Bay Foundation give?
$2.5 million in tax year 2024, across 11 grants, with a typical grant of $10,000.
Who runs Gold Bay Foundation?
Its 2024 filing lists Barbara Gold Lurie (Pres/Dir) and Keith Lurie (Treas/Sec/Dir).
What does Gold Bay Foundation fund?
Based on its grants, mainly arts and culture and education.