The Hormel Foundation
The Hormel Foundation
Austin, MN, US
•
501(c)(3)
•
EIN
41-0694716
•
•
Community Foundation
Regional Funder
The Hormel Foundation
Austin, MN, US
•
501(c)(3)
•
EIN
41-0694716
•
•
Community Foundation
Regional Funder
AI Summary
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The Hormel Foundation is a 501(c)(3) grantmaking organization that focuses primarily on funding initiatives in Minnesota, having paid a total of $32.3 million in grants in 2024. The foundation operates on a relationship-based model and does not accept unsolicited proposals; grants are made by invitation only. Nonprofits interested in engaging with The Hormel Foundation can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
To serve as a charitable organization to benefit the Austin community and as a trustee to various family trusts.
Cause Areas
7
Agriculture
Food security
Education
Basic and emergency aid
Nonprofits
Unknown or not classified
Foundations
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
REGENTS OF THE UNIVERSITY OF MINNESOTA
$125.1M
53%
AUSTIN COMMUNITY GROWTH VENTURES
$26M
11%
UNITED WAY OF MOWER COUNTY INC
$9.8M
4%
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Total No. of Grants
14
Median 1st year grant
$199.5K
Median 2nd year grant
$227.7K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to The Hormel Foundation?
No. The Hormel Foundation does not accept unsolicited proposals. Funding is by invitation only.
Where does The Hormel Foundation give?
The Hormel Foundation primarily gives to organizations located in Minnesota. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are The Hormel Foundation’s grants?
The largest share of grants from The Hormel Foundation fall in the $1 million to $5 million range. The median first-year grant is about $200 thousand. More detailed grant size data is available to registered users.
How many grants does The Hormel Foundation make each year?
In 2024, The Hormel Foundation awarded about 10 grants, totaling nearly $32.3 million. More detailed grant metrics are available to registered users.
Who did The Hormel Foundation fund recently?
In 2024, The Hormel Foundation awarded grants to about 10 grantees. Recent grantees include REGENTS OF THE UNIVERSITY OF MINNESOTA, AUSTIN COMMUNITY GROWTH VENTURES, and UNITED WAY OF MOWER COUNTY INC. More detailed information on all recent recipients is available to registered users.
How do we apply to The Hormel Foundation?
The Hormel Foundation does not accept unsolicited proposals. Funding is by invitation only.