Prospect Creek Foundation
Accepts applications
Prospect Creek Foundation is a private foundation in Wayzata, Minnesota. In tax year 2024 it gave $4.9 million in 20 grants; the typical grant was $5,000 and the largest $3.0 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$4.9 million
- Number of grants20
- Typical grant$5,000
- Largest grant$3.0 million
- Assets$25.1 million
- New grantees40%
Giving in 2024 was up from $3.5 million the year before.
40% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3.5 million | 25 | $29.0 million |
| 2024 | $4.9 million | 20 | $25.1 million |
How to apply
| Contact | Martha C Atwater 636 Ferndale Avenue, Wayzata, MN 55391 |
|---|---|
| Phone or email | (612) 672-9603 |
| What to submit | In writing with supporting materials indicating charitable purpose |
What Prospect Creek Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 5 | $3.0 million |
| Minnesota | 14 | $1.8 million |
| New Jersey | 1 | $25,065 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab Charitable (DAFGIVING360) | Operational | $3.0 million |
| Great MN Schools | Operational | $1.2 million |
| Summit Academy | Operational | $550,000 |
| Princeton University | Operational | $25,065 |
| Minneapolis Institute of Arts | Operational | $20,000 |
| Blake School | Operational | $15,000 |
| Etc Foundation | Operational | $7,500 |
| Minnesota Opera | Operational | $5,000 |
| Santa Barbara Cottage Hospital Foundation | Operational | $5,000 |
| Santa Barbara Museum of Art | Operational | $5,000 |
| St Paul Chamber Orchestra | Operational | $5,000 |
| Minnesota Public Radio | Operational | $4,000 |
| Minnesota Landscape Arboretum Foundation | Operational | $3,000 |
| Twin Cities Public Television | Operational | $3,000 |
| Minnesota Zoo | Operational | $2,500 |
| Minnetonka Center for the Arts | Operational | $2,500 |
| Minnesota Historical Society | Operational | $2,000 |
| Theater Latte Da | Operational | $2,000 |
| Children's Theatre Company | Operational | $1,000 |
| Graywolf Press | Operational | $1,000 |
Officers and trustees
- Martha Clark Atwater
- H B Atwater Jr
- Elizabeth Atwater Connolly
Questions people ask
Does Prospect Creek Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Prospect Creek Foundation give?
$4.9 million in tax year 2024, across 20 grants, with a typical grant of $5,000.
Who runs Prospect Creek Foundation?
Its 2024 filing lists Martha Clark Atwater (Director), H B Atwater Jr (Director) and Elizabeth Atwater Connolly (Director).
What does Prospect Creek Foundation fund?
Based on its grants, mainly education and arts and culture.