The Depot Foundation

DULUTH, MN EIN: 41-1356072

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

Annual Giving

$493K

+3.8% YoY

Grant Count

33

+50.0% YoY

Avg Grant Size

$15K

-30.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$123K$247K$370K$493K15 grants202126 grants202222 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST LOUIS COUNTY - THE DE…$149KDULUTH ART INSTITUTE$68KLAKE SUPERIOR RAILROAD M…$67KDULUTH ART INSTITUTE$36KMINNESOTA BALLET$34KDULUTH SUPERIOR SYMPHONY…$21KMINNESOTA BALLET$16KDULUTH SUPERIOR SYMPHONY…$11KMINNESOTA BALLET$10KTHE 24 HOUR COMPANY$10K

Grant Size Distribution

96 grants across all recorded years

84<$50K9$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Depot Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMY HIETAPELTOCHAIR1
AMY KURONENVICE-CHAIR
KAROL SOWERSSECRETARY
BILL GRAVELLETREASURER
DENNIS LAMKINDIRECTOR
RICK LUBBERSDIRECTOR
R CRAFT DRYERDIRECTOR
CHRSTINE MELONEDIRECTOR
ROBERT FISCHERDIRECTOR
BARB PERRELLADIRECTOR
ELISSA HUSBYDIRECTOR
JILL PINKNEY PASTRANADIRECTOR
KRIS KAPSNERDIRECTOR
PAT CUTSHALLDIRECTOR
JENNY MILLERDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BROOKLYNDULUTHMILWAUKEE

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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