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The Hormel Foundation

Grantmaking foundation in Austin, Minnesota · EIN 41-0694716

Total giving
$37MTax year 2025
Total assets
$1.2BLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

Quoted from the foundation's IRS filing.

Giving by year

$17M2020
$31M2021
$28M2022
$28M2023
$32M2024
$37M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
University of Minnesota-The Hormel Institute$22M2023
City of Austin$4.3M2023
Riverland Community College$1.8M2023
Austin Public Schools$1.5M2023
United Way of Mower County$1.2M2023

Amounts are rounded. The full grantee list is available with a free account.

Website: www.thehormelfoundation.com

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Similar foundations in Minnesota

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.