Security State Bank Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Security State Bank Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 41-1830282

Foundation Overview

Based in Hibbing, MN, Security State Bank Foundation has awarded 134 grants totaling $112,720 to organizations in Minnesota, North Dakota and 1 other state across the US. Individual grants range from $150 to $5,000, with a median award of $1,000.

Latest Tax Year
2023
Total Giving (all years)
$112,720
Total Assets
$278,077
Median Grant (all grants)
$1,000

Latest Form 990-PF Snapshot

Total Grants
18
Median Grant
$625
% Median Grant Decline
-37% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 61%

11 of 18 recipients (61%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
Minnesota

98% of all grants are concentrated in Minnesota, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Minnesota, funding concentrates in Hibbing (73%), Chisholm (11%), Duluth (4%).

Funding Trajectory
+2%

Stable funding levels with 2% change over 7 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
General Purposes + 3 others

Diversified giving across multiple program areas with primary emphasis on general purposes (66%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Security State Bank Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Angel Fund $250 Hibbing, MN, US Rock For An Angel Bonspiel 2023
Salvation Army $1,500 Hibbing, MN, US Rec Center Startup 2023
Hibbing Farmers Market $1,000 Hibbing, MN, US Power Of Produce Program 2023
Emery Maki Univ Of Northwestern $1,000 Hibbing, MN, US Scholarship 2023
Hibbing Tourist Senior Citizen Center $750 Hibbing, MN, US Equipment Replacement 2023
Range Nordic Gliders $500 Hibbing, MN, US Ski Challenge 2023
Arrowhead Economic Opp Agency $1,000 Virginia, MN, US Homeless Shelter 2023
Mid Range Honor Guard $1,000 Hibbing, MN, US General Support 2023
Pregnancy Lifecare Center $500 Hibbing, MN, US General Support 2023
N St Louis County 4h Federation $500 Virginia, MN, US 4h Youth Scholarships 2023
Mines And Pines Revisited Committee $1,000 Hibbing, MN, US General Support 2023
Alzheimer's Association $500 Chicago, IL, US Range Area Walk 2023
Chisholm Kids Plus $500 Chisholm, MN, US Splash Pad 2023
Geli Stentstrom And Univ Of Mn $1,000 Meadowlands, MN, US Scholarship 2023
Project Care Free Clinic $500 Hibbing, MN, US Pasta Feed Fundraiser 2023
Paulucci Space Theatre $2,000 Hibbing, MN, US Murals 2023
Cherry Parent Teacher Organization $300 Iron, MN, US Little Opera Of The North 2023
Boy Scouts Of Am - Voageurs Area Council $500 Hermantown, MN, US General Support 2023
Angel Fund $1,000 Hibbing, MN, US General Support 2022
Salvation Army $300 Hibbing, MN, US General Support 2022
Hibbing Farmers Market $1,000 Hibbing, MN, US General Support 2022
Zachary Rusich University Of Mn $1,000 Hibbing, MN, US Scholarship 2022
Mellanie Heikkila Bemidji State Uni $1,000 Chisholm, MN, US Scholarship 2022
Crescendo Youth Orchestra $1,200 Hibbing, MN, US String Camp 2022
Veterans Community Thrift Store $1,000 Hibbing, MN, US Holiday Baskets 2022
Boys And Girls Club - Hibbing $1,000 Hibbing, MN, US Funding For Food 2022
Independent School District 701 $1,000 Hibbing, MN, US Historic Preservation 2022
Hibbing Elks Lodge #1022 $500 Hibbing, MN, US Youth Camp 2022
United Way Ne Mn $1,000 Chisholm, MN, US United For Veterans 2022
Central Range Pickle Ball Club $1,000 Hibbing, MN, US General Support 2022
West Range Composite Mtn Bike Team $500 Hibbing, MN, US General Support 2022
Hibbing Tourist Senior Citizen Center $500 Hibbing, MN, US General Support 2022
Boy Scouts Of Am - Voyageurs Council $1,000 Hermantown, MN, US General Support 2022
Range Nordic Gliders $1,000 Hibbing, MN, US Ski Challenge 2022
Angel Fund $1,000 Hibbing, MN, US General Support 2022
Salvation Army $300 Hibbing, MN, US General Support 2022
Hibbing Farmers Market $1,000 Hibbing, MN, US General Support 2022
Zachary Rusich University Of Mn $1,000 Hibbing, MN, US Scholarship 2022
Mellanie Heikkila Bemidji State Uni $1,000 Chisholm, MN, US Scholarship 2022
Crescendo Youth Orchestra $1,200 Hibbing, MN, US String Camp 2022
Veterans Community Thrift Store $1,000 Hibbing, MN, US Holiday Baskets 2022
Boys And Girls Club - Hibbing $1,000 Hibbing, MN, US Funding For Food 2022
Independent School District 701 $1,000 Hibbing, MN, US Historic Preservation 2022
Hibbing Elks Lodge #1022 $500 Hibbing, MN, US Youth Camp 2022
United Way Ne Mn $1,000 Chisholm, MN, US United For Veterans 2022
Central Range Pickle Ball Club $1,000 Hibbing, MN, US General Support 2022
West Range Composite Mtn Bike Team $500 Hibbing, MN, US General Support 2022
Hibbing Tourist Senior Citizen Center $500 Hibbing, MN, US General Support 2022
Boy Scouts Of Am - Voyageurs Council $1,000 Hermantown, MN, US General Support 2022
Range Nordic Gliders $1,000 Hibbing, MN, US Ski Challenge 2022
Angel Fund $1,000 Hibbing, MN, US General Support 2022
Salvation Army $300 Hibbing, MN, US General Support 2022
Hibbing Farmers Market $1,000 Hibbing, MN, US General Support 2022
Zachary Rusich University Of Mn $1,000 Hibbing, MN, US Scholarship 2022
Mellanie Heikkila Bemidji State Uni $1,000 Chisholm, MN, US Scholarship 2022
Crescendo Youth Orchestra $1,200 Hibbing, MN, US String Camp 2022
Veterans Community Thrift Store $1,000 Hibbing, MN, US Holiday Baskets 2022
Boys And Girls Club - Hibbing $1,000 Hibbing, MN, US Funding For Food 2022
Independent School District 701 $1,000 Hibbing, MN, US Historic Preservation 2022
Hibbing Elks Lodge #1022 $500 Hibbing, MN, US Youth Camp 2022
United Way Ne Mn $1,000 Chisholm, MN, US United For Veterans 2022
Central Range Pickle Ball Club $1,000 Hibbing, MN, US General Support 2022
West Range Composite Mtn Bike Team $500 Hibbing, MN, US General Support 2022
Hibbing Tourist Senior Citizen Center $500 Hibbing, MN, US General Support 2022
Boy Scouts Of Am - Voyageurs Council $1,000 Hermantown, MN, US General Support 2022
Range Nordic Gliders $1,000 Hibbing, MN, US Ski Challenge 2022
Angel Fund $1,000 Hibbing, MN, US General Support 2021
Salvation Army $3,400 Hibbing, MN, US General Support 2021
Hibbing Farmers Market $1,000 Hibbing, MN, US General Support 2021
Mdi $1,000 Hibbing, MN, US General Support 2021
Medea Clusiau N Dakota State Univ $1,000 Side Lake, MN, US Scholarship 2021
Caroline Rue University Of Mn $1,000 Hibbing, MN, US Scholarship 2021
Crescendo Youth Orchestra $500 Hibbing, MN, US String Camp 2021
Hcc Foundation For Paulucci Space Theater $2,000 Hibbing, MN, US General Suppot 2021
Bearville First Responders $400 Side Lake, MN, US General Support 2021
Mines And Pines Revisited Committee $770 Hibbing, MN, US General Support 2021
Veterans Community Thrift Store $1,000 Hibbing, MN, US Holiday Baskets 2021
Boys And Girls Club - Hibbing $1,000 Hibbing, MN, US Start Up 2021
Hearts For Hospice $500 Hibbing, MN, US General Support 2020
Angel Fund $500 Hibbing, MN, US Rock For An Angel 2020
Salvation Army $500 Hibbing, MN, US General Support 2020
Hibbing Kinship Mentoring $600 Side Lake, MN, US General Support 2020
Hibbing Farmers Market $1,000 Hibbing, MN, US General Support 2020
Summer Work Outreach Project $250 Mountain Iron, MN, US General Support 2020
Range Regional Animal Rescue $750 Hibbing, MN, US General Support 2020
Greenhaven Pto $500 Hibbing, MN, US General Support 2020
Mdi $1,500 Hibbing, MN, US General Support 2020
United Way Of Ne Mn $250 Chisholm, MN, US United For Veterans 2020
Allie Bussey College Of St Scholast $1,000 Hibbing, MN, US Scholarship 2020
Claire Furlong University Of Mn $1,000 Hibbing, MN, US Scholarship 2020
Veterans Community Thrift Store $1,500 Hibbing, MN, US General Support 2020
United Way Of Ne Mn $1,750 Chisholm, MN, US Buddy Backpacks 2020
Second Harvest Northern Lakes Food Bank $2,000 Duluth, MN, US General Support 2020
Precious Paws Humane Society $750 Chisholm, MN, US General Support 2020
Hearts For Hospice $1,000 Hibbing, MN, US General Support 2017
United Way Of Ne Mn $750 Chisholm, MN, US Flavor Of The North 2017
The Cag Foundation $250 Hibbing, MN, US General Support 2017
Project Care Free Clinic $500 Hibbing, MN, US General Support 2017
Angel Fund $500 Hibbing, MN, US Rock For An Angel 2017
Summer Work Outreach Program $200 Mountain Iron, MN, US General Support 2017
Hibbing Public Library $500 Hibbing, MN, US Summer Reading Program 2017
Boy Scouts Of America $500 Duluth, MN, US General Support 2017
Options For Women $500 Hibbing, MN, US General Support 2017
Range Mental Health Center $150 Virginia, MN, US General Support 2017
University Of Mn Duluth - Ding La Zeng $1,000 Duluth, MN, US Scholarship 2017
College Of St Scholastica - Jack Kearney $1,000 Duluth, MN, US Scholarship 2017
Central Mesabi Medical Foundation $750 Hibbing, MN, US Red Ore Run 2017
Salvation Army $500 Hibbing, MN, US General Support 2017
Hibbing Historical Society $500 Hibbing, MN, US General Support 2017
Grace Lutheran Quilters $400 Hibbing, MN, US General Support 2017
Hibbing High School $5,000 Hibbing, MN, US Auditorium Restoration 2017
United Way Of Ne Mn $1,000 Chisholm, MN, US Hearts For Hospice 2016
United Way Of Ne Mn $500 Chisholm, MN, US Power Of The Purse 2016
The Cag Foundation $250 Hibbing, MN, US General Support 2016
Project Care Free Clinic $500 Hibbing, MN, US General Support 2016
Angel Fund $250 Hibbing, MN, US Rock For An Angel 2016
Summer Work Outreach Program $250 Mountain Iron, MN, US General Support 2016
United Way Of Ne Mn $750 Chisholm, MN, US Flavor Of The North 2016
Hibbing Public Library $300 Hibbing, MN, US Summer Reading Program 2016
Boy Scouts Of America $500 Duluth, MN, US General Support 2016
Range Mental Health Center $250 Virginia, MN, US General Support 2016
Univ Of North Dakota - Trevor Erickson $1,000 Grand Forks, ND, US Scholarship 2016
United Way Of Ne Mn $250 Chisholm, MN, US Reading Program 2016
Central Mesabi Medical Foundation $750 Hibbing, MN, US Red Ore Run 2016
Univ Of North Dakota - Samuel Pogerels $1,000 Grand Forks, ND, US Scholarship 2016
Hhs Cheer $500 Hibbing, MN, US Uniforms 2016
Range Regional Health Services $1,000 Hibbing, MN, US Health Expo 2016
United Way Of Ne Mn $750 Hibbing, MN, US Power Of The Purse 2016
Range Engineering Council $1,000 Hibbing, MN, US General Support 2016
Our Saviors Lutheran Church $500 Hibbing, MN, US Childrens Quilt Project 2016
Angel Fund $500 Hibbing, MN, US General Support 2016
Salvation Army $1,200 Hibbing, MN, US General Support 2016
Hibbing Kinship Mentoring $500 Hibbing, MN, US General Support 2016
Fairview Range Auxillary $500 Hibbing, MN, US General Support 2016

Foundations Similar to Security State Bank Foundation

Discover 5 foundations with comparable assets ($274,856-$282,214), similar grant patterns, and geographic focus in MN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 31-1634460 | 226 grants awarded
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median grant
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EIN: 71-1850597 | 61 grants awarded
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EIN: 95-4715090 | 143 grants awarded
$275,271
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$1,000
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Minnetonka, MN
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EIN: 42-6248448 | 33 grants awarded
$274,856
(≈ Similar)
$1,000
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Eagan, MN
Same state
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EIN: 41-2012448 | 134 grants awarded
$282,214
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$1,000
median grant
North St Paul, MN
Same state
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Contact Information

Official contact details for Security State Bank Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 41-1830282
Website N/A
Address 701 E HOWARD ST Hibbing, MN 55746-1717

Key People (7)

Board members, trustees, and key staff who oversee Security State Bank Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Karlee Persons
Treasurer Kim Thomas
Secretary Shannon Plombon
Director Mark Gardeski
Director Ej Hanson

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Security State Bank Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.