Cove Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Cove Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 75-3175735
Foundation Overview
Based in Wayzata, MN, Cove Foundation has awarded 8 grants totaling $4,941,050 to organizations in Minnesota. Individual grants range from $8,000 to $4,552,050, with a median award of $48,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 of 4 recipients (50%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
100% 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 Minneapolis (50%), Hopkins (25%), Saint Paul (13%).
Funding Trajectory
Strong 2485% growth in annual giving over 1 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Cove 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 |
|---|---|---|---|---|
| The Minneapolis Foundation | $4,552,050 | Minneapolis, MN, US | General Funding | 2018 |
| St David Center | $120,000 | Hopkins, MN, US | General Funding | 2018 |
| Banyan Community | $40,000 | Minneapolis, MN, US | General Funding | 2018 |
| Science Museum Of Mn | $45,000 | Saint Paul, MN, US | General Funding | 2018 |
| Scholarship America | $8,000 | Saint Peter, MN, US | General Funding | 2017 |
| Banyan Community | $51,000 | Minneapolis, MN, US | General Funding | 2017 |
| St David Center | $85,000 | Hopkins, MN, US | General Funding | 2017 |
| Pacer Center | $40,000 | Minneapolis, MN, US | General Funding | 2017 |
Foundations Similar to Cove Foundation
Discover 5 foundations with comparable assets ($0-$0), 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 |
|---|---|---|---|---|
|
Melvin R Mooty And Sally R Mooty Family Foundation
EIN: 20-5773931 | 6 grants awarded |
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Mary Ingebrand-pohlad Foundation
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median grant |
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Bohannon Group Foundation
EIN: 26-2825583 | 2 grants awarded |
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$53,170
median grant |
Mendota Heights, MN
Same state |
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The Shosholoza Foundation
EIN: 20-8043799 | 5 grants awarded |
$0
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$27,621
median grant |
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Mary Lu Demet And Richard Erickson Foundation Inc
EIN: 01-0963413 | 1 grants awarded |
$0
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Related Foundation Resources in MN:
Contact Information
Official contact details for Cove Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 75-3175735 |
| Website | N/A |
| Address | 1161 WAYZATA BLVD E Wayzata, MN 55391 |
Key People (7)
Board members, trustees, and key staff who oversee Cove Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Janet Jones |
|---|---|
| Director | Jacqueline Becklund |
| Director | Carl Jones |
| Director | Wendy Zehngebot |
| Vice President | Helen Jones |
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 Cove 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.