Overview

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Est.

1941

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

The Hormel Foundation is a 501(c)(3) grantmaker that reported $37M in grants paid to 10 grantees in filing year 2025. It does not accept unsolicited proposals and makes grants by invitation only; nonprofits can explore warm-introduction pathways via 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.
Total Funding Given
$32.3M
2024
Grantees funded
2024
N/A
Multi-year grantees (all time)
100%
Funding by Year
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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
R
R G Gentzler
Board Member
B
B. B. Rietz
Board Member
S
S T Rizzi Jr
Board Member
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  • 11 grantees
  • 54 board & team members
  • 10 historic 990s & financials
  • 6-year operating budget trend
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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.