BCBSM Foundation Inc
ST PAUL, MN EIN: 36-3525653
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$79.0M
+2.4% YoY
Annual Giving
$4.6M
-4.8% YoY
Grant Count
51
-8.9% YoY
Avg Grant Size
$90K
+4.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $78,989,404 | $77,106,995 | $73,666,071 |
| Revenue | $2,052,517 | $3,697,623 | $13,502,864 |
| Expenses | $6,523,057 | $6,882,326 | $6,035,193 |
| Qualifying Distributions | $5,993,668 | $6,486,867 | $6,158,118 |
| Net Investment Income | $1,510,840 | $4,586,842 | $3,274,475 |
| Distributable Amount | $3,332,167 | $3,667,849 | $3,361,337 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
361 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does BCBSM Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK STEFFEN MD | VICE CHAIR | — | — |
| BUKATA HAYES | BOARD CHAIR | — | — |
| DANA ERICKSON | DIRECTOR | — | — |
| PAUL SAND | SECRETARY | — | — |
| ANN HOWES | ASST SECRETARY | — | — |
| MAY VANG | TREASURER | — | — |
| NASH SHAIKH | DIRECTOR | — | — |
| KRISTINE RHODES | DIRECTOR | — | $500 |
| CAROLYN LINK | PRESIDENT | 40 | $394,242 |
| EMILY PIPER | DIRECTOR | — | $2,000 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $23.5M (92%)
Virginia $1.9M (7%)
Florida $200K (1%)
District of Columbia $27K (0%)
Cities
AlexandriaArden HillsBemidjiCass LakeCloquetDuluthFaribaultFergus FallsHopkinsHutchinsonMankatoMiamiMinneapolisMinnetonkaMoorheadMortonMounds ViewN Miami BeachNew HopeNew Ulm
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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