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TARGET FOUNDATION

MINNEAPOLIS, MN 416017088 CORPORATE.TARGET.COM/CORPORATE-RESPONSBILITY

The Target Foundation, with assets of over $92 million, supports various U.S. communities as part of Target Corporation's corporate responsibility efforts, led by Kiera Fernandez and a team of trustees.

Overview

About TARGET FOUNDATION

The Target Foundation, based in Minneapolis, Minnesota, is a philanthropic arm of the Target Corporation, focusing on corporate responsibility. With assets totaling $92,692,164, the foundation reported expenses of $26,443,749 and revenue of $57,393,098. The foundation supports a wide range of communities across the United States, including major cities such as New York, Los Angeles, and Chicago, as well as smaller communities like Slayton and Tuba City. It operates in numerous states, including California, Texas, and New York. The leadership team includes Kiera Fernandez as the President and Chair, along with other trustees and officers who contribute their time without compensation. The foundation's activities are aligned with Target's broader corporate social responsibility goals, although specific subject areas of funding are not detailed in the provided information.

Focus Areas

N/A

Geographic Focus

AZCACODCGAILMAMNMSMTNCNMNYOKSDTXVAWAWI
Application Status

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $92.7M
Total Awarded This Year $27.3M
Average Grant Size $198K
Total Grants (Previous Year) 36,480
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
MINNEAPOLIS, MN US
Geographic Funding Distribution

Financials

Total Assets
$92,692,164

in 2024, compared to $61,121,764 in 2023

Annual Grants
$27,255,000

138 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,500,000CENTER FOR ECONOMIC INCLUSIONECOSYSTEM; 3-YEAR GRANT370 WABASHA ST N SUITE 900 ST PAUL, MN US2022
$1,500,000MINNESOTA BLACK COLLECTIVE FOUNDATIONECONOMIC OPPORTUNITY - HOMETOWN (ECOSYSTEM)2429 NICOLLET AVE MINNEAPOLIS, MN US2024
$1,200,000MASSACHUSETTS INSTITUTE OF TECHNOLOGYSUSTAINABLE LIVELIHOODS; 3-YEAR GRANT77 MASSACHUSETTS AVENUE NE49-3142 CAMBRIDGE, MA US2022
$1,129,000CHARITIES AID FOUNDATION AMERICASUSTAINABLE LIVELIHOODS - IN SUPPORT OF BRITISH ASIAN TRUST AND SERES225 REINEKERS LANE SUITE 375 ALEXANDRIA, VA US2022
$1,000,000ISSARA INSTITUTE INCSUSTAINABLE LIVELIHOODS; 3-YEAR GRANT555 BRYANT STREET UNIT 871 PALO ALTO, CA US2022
$1,000,000NEW VENTURE FUND (CO-IMPACT)ECOSYSTEM; 3-YEAR GRANT1201 CONNECTICUT AVE NW STE 300 WASHINGTON, DC US2022
$1,000,000THE ACUMEN FUND INCSUSTAINABLE LIVELIHOODS; 3-YEAR GRANT40 WORTH STREET SUITE 303 NEW YORK, NY US2022
$1,000,000AVINA AMERICAS INCECONOMIC OPPORTUNITY - GLOBAL1300 I ST NW STE 400E PMB 500104 WASHINGTON, DC US2023
$1,000,000CHARITIES AID FOUNDATION AMERICAECONOMIC OPPORTUNITY - GLOBAL225 REINEKERS LANE SUITE 375 ALEXANDRIA, VA US2023
$1,000,000KIVA MICROFUNDSECONOMIC OPPORTUNITY - GLOBAL986 MISSION ST SAN FRANCISCO, CA US2023
547 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
DF
DAN FLEMING
ASSISTANT TREASURER$02022
CH
COREY HAALAND
TREASURER$02022
DD
DAVE DONLIN
SECRETARY$02022
JB
JANINE BROWN
ASSISTANT TREASURER$02022
DN
DEXTER NEWMAN
TRUSTEE$02022
BF
BILL FOUDY
TRUSTEE$02022
AN
AMANDA NUSZ
PRESIDENT & CHAIR$02022
YK
YU-PING KAO
TRUSTEE$02022
AN
AMANDA NUSZ
PRESIDENT & CHAIR$02023
BF
BILL FOUDY
TRUSTEE$02023
26 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025