Xcel Energy Foundation

MINNEAPOLIS, MN EIN: 41-2007734

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

Annual Giving

$7.7M

+3.2% YoY

Grant Count

1,820

-2.8% YoY

Avg Grant Size

$4K

+6.1% 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$1.120202021202220232024
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$2M$4M$6M$9M1,978 grants20201,806 grants20211,856 grants20221,872 grants20231,820 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GREATER TWIN CITIES UNIT…$620KMILE HIGH UNITED WAY INC$529KTHE UNITED WAY INC$496KWEST TEXAS A & M UNIVERS…$71KUNITED WAY OF PUEBLO COU…$60KLUBBOCK AREA UNITED WAY …$59KCOMMUNITY FOOD SHARE$51KUNITED WAY OF THE GREATE…$48KWRIGHT COUNTY AREA UNITE…$45KUNITED WAY OF GOODHUE WA…$41K

Grant Size Distribution

9,332 grants across all recorded years

9286<$50K24$50–100K8$100–250K4$250–500K10$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Xcel Energy Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT FRENZELCHAIR AND PRESIDENT0.3
ESTHER LEDESMA PUMAROLEXECUTIVE DIRECTOR0.3
TODD WEHNERTREASURER0.3
AMY SCHNEIDERSECRETARY0.3
PATRICIA CORREADIRECTOR0.3
KARL HOESLYDIRECTOR0.3
ROBERT KENNEYDIRECTOR0.3
RYAN LONGDIRECTOR0.3
ADRIAN RODRIGUEZDIRECTOR0.3
AMANDA ROMEDIRECTOR0.3
BRIAN VAN ABELDIRECTOR0.3
PAUL JOHNSONTREASURER (PART-YEAR)0.3

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

52states
+44 more states

Cities

ABERDEENABILENEAFTONAITKINALAMEDAALAMOAALAMOGORDOALAMOSAALBANYALBERT LEAALBERTVILLEALBUQUERQUEALEXANDRIAALTOALTOONAAMARILLOAMERICUSAMERYAMESAMHERST

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

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