Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Minnesota Milk Bank for Babies is a nonprofit organization dedicated to improving infant health outcomes by providing medically vulnerable babies in Minnesota and the Upper Midwest with access to safely pasteurized human donor milk when mother's milk is unavailable or in low supply. With an operating budget of $1.4 million and total revenue of $1.6 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.mnmilkbank.org.

Mission Statement

TO IMPROVE INFANT HEALTH OUTCOMES BY ENSURING THAT MEDICALLY VULNERABLE BABIES IN MN AND THE UPPER MIDWEST HAVE ACCESS TO SAFELY PASTEURIZED LIFE- GIVING HUMAN DONOR MILK WHEN MOTHER'S MILK IS UNAVAILABLE OR IN LOW SUPPLY.
Revenues
$1.6M
Expenses
$1.4M
Net Income:
+$232.5K
Assets
$2.3M
Liabilities
$860.5K
Net Assets:
+$1.4M
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$13.1K
Largest grant received
$50K
L
Linda Dech
Board Member
J
Jeanne Friebe
Board Member
A
Aida Mejia-Fergen
Board Member

Frequently Asked Questions

What is MINNESOTA MILK BANK FOR BABIES’s budget?
In 2024, MINNESOTA MILK BANK FOR BABIES reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does MINNESOTA MILK BANK FOR BABIES support?
MINNESOTA MILK BANK FOR BABIES supports work in Medical support services.
Where does MINNESOTA MILK BANK FOR BABIES operate?
MINNESOTA MILK BANK FOR BABIES is headquartered in Roseville, MN.
Who funded MINNESOTA MILK BANK FOR BABIES recently?
In 2024, MINNESOTA MILK BANK FOR BABIES received grants from Chorzempa Family Foundation, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and MINNEAPOLIS JEWISH FEDERATION. More information on this organization’s funders is available to registered users.
What is the largest grant MINNESOTA MILK BANK FOR BABIES received in 2024?
The largest grant to MINNESOTA MILK BANK FOR BABIES in 2024 exceeds $50 thousand.