Fredrikson & Byron Foundation
Only null% goes to programs Thin reserves Growing revenue
Fredrikson & Byron Foundation is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1974, with $1,002,723 in FY2024 revenue. CharityIndex grades it D.
60 S 6th St Ste 1500, Minneapolis, MN, 55402 EIN 23-7401456 Since 1974
Revenue (FY2024)
$1.0M
▲ 23.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$898K
Net assets
-$44K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fredrikson & Byron Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fredrikson & Byron Foundation: 0 mo reserves · +10% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fredrikson & Byron Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fredrikson & Byron Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 60 S 6th St Ste 1500, Minneapolis, MN, 55402
- City
- Minneapolis
- State
- Minnesota
- Subcategory
- Federated Giving Programs
Financial trends
Revenue grew from $477K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $227KNet assets -$44K
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$183K
Total liabilities
$227K
Net assets
-$44K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,002,723▲23.4% | $897,600▼2.3% | -$43,633▲70.7% | $183,367▼1.3% | 990 |
| 2023 | $812,724▼1.3% | $918,375▲26.5% | -$148,756▼245% | $185,744▼23.1% | 990 |
| 2022 | $823,739▲12.3% | $725,775▲12.7% | -$43,105▼125% | $241,395▲38.8% | 990 |
| 2021 | $733,298▲16.5% | $644,225▲3.7% | $173,931▲105% | $173,931▲105% | 990 |
| 2020 | $629,629▲3.3% | $621,375▲1.8% | $84,858▲10.8% | $84,858▼42.1% | 990 |
| 2019 | $609,693▲9.3% | $610,450▼2.3% | $76,604▼1.0% | $146,604▲89.5% | 990 |
| 2018 | $557,722▼5.6% | $624,820▲5.3% | $77,361▼46.4% | $77,361▼46.4% | 990 |
| 2017 | $591,048▲10.0% | $593,469▲10.4% | $144,459▼1.6% | $144,459▼1.6% | 990 |
| 2016 | $537,107▲3.9% | $537,540▲19.4% | $146,880▼0.3% | $146,880▼0.3% | 990 |
| 2015 | $517,000▼0.2% | $450,075▼12.3% | $147,313▲83.3% | $147,313▲83.3% | 990 |
| 2014 | $517,967▲8.5% | $513,385▼9.7% | $80,388▲6.0% | $80,388▲6.0% | 990 |
| 2013 | $477,344 | $568,385▲30.3% | $75,806▼54.6% | $75,806▼54.6% | 990 |
| 2012 | — | $436,138▼1.4% | $166,847▲22.6% | $166,847▲22.6% | 990 |
| 2011 | — | $442,309▲18.9% | $136,138▲46.7% | $136,138▲46.7% | 990 |
| 2010 | — | $371,852 | $92,806 | $92,806 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $26K total
4 grants to Fredrikson & Byron Foundation totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,573 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $7,474 |
| Donor Advised Charitable Giving | Social services/social benefits | 2016 | $6,977 |
| Donor Advised Charitable Giving | Social services/social benefits | 2015 | $5,617 |
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Frequently asked questions
- Is Fredrikson & Byron Foundation a legitimate nonprofit?
- Yes. Fredrikson & Byron Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7401456, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Fredrikson & Byron Foundation's EIN?
- Fredrikson & Byron Foundation's Employer Identification Number (EIN) is 23-7401456.
- How much revenue does Fredrikson & Byron Foundation report?
- Fredrikson & Byron Foundation reported $1,002,723 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fredrikson & Byron Foundation have?
- CharityIndex grades Fredrikson & Byron Foundation D, based on financial health (reserves and operating margin).
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Data for Fredrikson & Byron Foundation (EIN 23-7401456) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.