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Foundations / Minnesota

Trustone Financial Foundation

Preselected recipients only Plymouth, Minnesota · EIN 300560908

Trustone Financial Foundation is a private foundation in Plymouth, Minnesota. In tax year 2024 it gave $207,921 in 61 grants; the typical grant was $2,000 and the largest $40,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $208,586 the year before.

45% 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 yearGrants paidNumber of grantsAssets
2023$208,58660$732,432
2024$207,92161$590,479

How to apply

Trustone Financial 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.

Foundation website IRS filings on ProPublica

What Trustone Financial Foundation funds

Where it gives

Its grants went to recipients in 12 states, the most to Minnesota.

StateGrantsAmount
Minnesota36$150,549
Wisconsin15$30,350
California1$9,240
New York1$2,500
Colorado1$2,000
Florida1$2,000
Iowa1$2,000
Illinois1$2,000
Massachusetts1$2,000
Texas1$2,000

Grants paid in 2024

The 40 largest of 61 grants
RecipientPurposeAmount
MSHSL Sports
Brooklyn Center, MN
General support$40,000
Bolder Options
Minneapolis, MN
General support$10,000
Highland Friendship Club
St Paul, MN
General support$10,000
Sanneh Foundation
St Paul, MN
General support$10,000
The Trevor Project
West Hollywood, CA
General support$9,240
Tee It Up for the Troops
Burnsville, MN
General support$7,000
360 Communities
Burnsville, MN
General support$5,000
Asset Builders
Madison, WI
General support$5,000
Burnsville Heros
Brooklyn Center, MN
General support$5,000
Junior Achievement North
St Paul, MN
General support$5,000
MN State Mankato
Mankato, MN
General support$5,000
Asf Intercultural
New York, NY
General support$2,500
Individual
MN
Scholarship$2,500
Ceap
Brooklyn Center, MN
General support$2,500
Courage Kenny (Allina Health Foundation)
Minneapolis, MN
General support$2,500
Cross Services
Rogers, MN
General support$2,500
Intercongregation Communities
Minnetonka, MN
General support$2,500
Kenosha County Food Bank
Kenosha, WI
General support$2,500
Keystone Community Services
St Paul, MN
General support$2,500
Individual
MN
Scholarship$2,500
People Reaching Out to Other People Inc (Prop)
Eden Prairie, MN
General support$2,500
Prism
Golden Valley, MN
General support$2,500
Project Concern of Cudahy - St Francis Inc
Cudahy, WI
General support$2,500
Salvation Army Cold Spring
Wauwatosa, WI
General support$2,500
Scott-Carver-Dakota Cap Agency Inc
Shakopee, MN
General support$2,500
Second Harvest Heartland
Brooklyn Park, MN
General support$2,500
Securefutures Foundation
Wilwaukee, WI
General support$2,500
Shalom Center of Interfaith Network of Kenosha County Inc
Kenosha, WI
General support$2,500
Spare Key
St Paul, MN
General support$2,500
Individual
TX
Scholarship$2,000
Individual
MN
Scholarship$2,000
Individual
WI
Scholarship$2,000
Individual
IA
Scholarship$2,000
Individual
MN
Scholarship$2,000
Individual
MN
Scholarship$2,000
Individual
WI
Scholarship$2,000
Individual
MN
Scholarship$2,000
Individual
MN
Scholarship$2,000
Individual
WI
Scholarship$2,000
Individual
FL
Scholarship$2,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Trustone Financial Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Trustone Financial Foundation give?

$207,921 in tax year 2024, across 61 grants, with a typical grant of $2,000.

Who runs Trustone Financial Foundation?

Its 2024 filing lists Samuel Stern (Chairman), Willie Robinson Jr (Director), Steve Steen (Director) and Stephen Bohlig (Director) among 8 officers and trustees.

What does Trustone Financial Foundation fund?

Based on its grants, mainly education, food and hunger and health.

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