Private Foundation

SIT INVESTMENT ASSOCIATES FOUNDATION

SIT INVESTMENT ASSOCIATES FOUNDATION, of MINNEAPOLIS, MN, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.4M in revenue, $3.3M in expenses, $42.2M in total assets. IRS filings disclose 474 grants awarded by this foundation, totaling roughly $10.9M.

EIN: 411468021 MINNEAPOLIS, MN Latest filing: 2024

Total Revenue$4.4M

Total Expenses$3.3M

Total Assets$42.2M

Grants Given474

Grant Total$10.9M

Filing Years2020–2024

Sample Grants Given

UNIVERSITY OF MINNESOTA FOUNDATION - CONNECTING CARLSON BLDG PROJECT

MINNEAPOLIS, MN · 2024

OPERATING

$785,000

V3 SPORTS

MINNEAPOLIS, MN · 2024

OPERATING

$250,000

FEDERATED INSURANCE FOUNDATION

OWATONNA, MN · 2024

OPERATING

$200,000

FOOD GROUP THE

NEW HOPE, MN · 2024

OPERATING

$150,000

SECOND HARVEST HEARTLAND

BROOKLYN PARK, MN · 2024

OPERATING

$150,000

Showing up to 5 of 474 total records — full history available with membership.

Officers & Directors

VOTING MEMBER Carla J Rose

ASST. SECRETARY Debra K Beaudet

SECRETARY Paul E Rasmussen

VOTING MEMBER Roger J Sit

DIRECTOR Ronald D Sit

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATING

$10,906,325 474 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$4.4M	$3.3M	$42.2M
2023	$2.2M	$2.8M	$41.1M
2022	$3.8M	$2.8M	$41.6M
2020	$3.6M	$2.3M	$36.7M

Between 2020 and 2024, reported annual revenue grew from $3.6M to $4.4M (+23%), with total assets most recently reported at $42.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, CT, FL, IL, IN, and 4 other states.

CACOCTFLILINKSMAMIMN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SIT INVESTMENT ASSOCIATES FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports