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Borealis Philanthropy

Grantmaking foundation in Minneapolis, Minnesota · EIN 46-4598642

Total giving
$40MTax year 2024
Total assets
$78MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

BOREALIS PHILANTHROPY DIRECTS RESOURCES TO PEOPLE BUILDING POWERFUL, THRIVING COMMUNITIES THAT SERVE ALL OF US, WITH THOSE MOST IMPACTED BY INJUSTICE LEADING THE WAY. WE INVEST IN LEADERS, ORGANIZATIONS, AND MOVEMENTS USING DIVERSE AND INNOVATIVE STRATEGIES TO PURSUE TRANSFORMATIONAL CHANGE, AND WE WORK WITH DONORS TO SUPPORT MOVEMENTS IN WAYS THEY MAY NOT BE ABLE TO DO ON THEIR OWN. THROUGH OUR WORK WITH BOTH FUNDERS AND GRANTEE PARTNERS, WE AIM TO SHIFT POWER AND INVEST IN COMMUNITIES.

Quoted from the foundation's IRS filing.

Giving by year

$30M2020
$33M2021
$37M2022
$33M2023
$40M2024

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
Social and Environmental Entrepreneurs$1.5M2022
Social Good Fund$980K2022
Highlander Research and Education Center$690K2022
The Praxis Project Inc$630K2022
Allied Media Projects$530K2022

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

Website: borealisphilathropy.org

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Similar foundations in Minnesota

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.