Robert E and Edith M Grissinger Foundation
Only null% goes to programs Strong reserves Growing revenue
Robert E and Edith M Grissinger Foundation is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 2017, with $558,020 in FY2024 revenue. CharityIndex grades it F.
4801 W 99th St, Minneapolis, MN, 55437 EIN 81-4654269 Since 2017
Revenue (FY2024)
$558K
▼ 16.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$952K
Net assets
$10.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Robert E and Edith M Grissinger Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating128 mo reserves · -71% 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 Robert E and Edith M Grissinger Foundation: 128 mo reserves · -71% margin earns a F 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 Robert E and Edith M Grissinger 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 Robert E and Edith M Grissinger Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4801 W 99th St, Minneapolis, MN, 55437
- City
- Minneapolis
- State
- Minnesota
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $450K (FY2017) to $558K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.2M
Operating margin
-70.7%
Spent more than it raised in the latest fiscal year.
Total assets
$10.2M
Total liabilities
$0
Net assets
$10.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $558,020▼16.3% | $952,290▲55.4% | $10,174,112▼0.3% | $10,174,112▼0.3% | 990PF |
| 2023 | $666,304▲254% | $612,764▲188% | $10,207,932▲167% | $10,207,932▲167% | 990PF |
| 2022 | $188,461▼53.1% | $212,492▼51.4% | $3,830,073▼0.7% | $3,830,073▼0.7% | 990PF |
| 2021 | $402,177▲19.2% | $437,666▲58.9% | $3,858,953▼0.9% | $3,858,953▼0.9% | 990PF |
| 2020 | $337,321▼52.1% | $275,477▲52.0% | $3,894,442▲10.0% | $3,894,442▲10.0% | 990PF |
| 2019 | $703,485▲4782% | $181,191▲540% | $3,540,213▲769% | $3,540,213▲755% | 990PF |
| 2018 | $14,409▼96.8% | $28,301▼1.6% | $407,313▼3.3% | $414,053▼1.7% | 990PF |
| 2017 | $449,979 | $28,774 | $421,205 | $421,205 | 990PF |
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.
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Frequently asked questions
- Is Robert E and Edith M Grissinger Foundation a legitimate nonprofit?
- Yes. Robert E and Edith M Grissinger Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-4654269, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Robert E and Edith M Grissinger Foundation's EIN?
- Robert E and Edith M Grissinger Foundation's Employer Identification Number (EIN) is 81-4654269.
- How much revenue does Robert E and Edith M Grissinger Foundation report?
- Robert E and Edith M Grissinger Foundation reported $558,020 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert E and Edith M Grissinger Foundation have?
- CharityIndex grades Robert E and Edith M Grissinger Foundation F, based on financial health (reserves and operating margin).
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Data for Robert E and Edith M Grissinger Foundation (EIN 81-4654269) 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.