Private Foundation

Security State Bank Foundation

Security State Bank Foundation is a Private Foundation headquartered in Hibbing, MN. Financial data from the 2025 filing: $11K revenue, $15K expenses, $288K total assets. IRS filings disclose 153 grants awarded by this foundation, totaling roughly $127K.

EIN: 411830282 Hibbing, MN Private Grantmaking Foundations NTEE: T20 Latest filing: 2025

Total Revenue$11K

Total Expenses$15K

Total Assets$288K

Grants Given153

Grant Total$127K

Filing Years2021–2025

Sample Grants Given

Finn Eskeli and College of St Schol

Nashwauk, MN · 2025

Scholarship

$1,000

Boys and Girls Club of Hibbing

Hibbing, MN · 2025

General support

$1,000

Andrew Rasch and Univ of North Dako

Hibbing, MN · 2025

Scholarship

$1,000

Hibbing Little League

Hibbing, MN · 2025

Pitching machine

$1,000

Sturgeon Chain Lake Assoc

Side Lake, MN · 2025

Pickleball courts

$1,000

Showing up to 5 of 153 total records — full history available with membership.

Officers & Directors

Director Gary Oie

Director Greg Hoag

Treasurer Kim Thomas

Director Mark Gardeski

Director Patty Sletten

Secretary Rachel Simmons

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support

$51,300 69 grants

Scholarship

$16,000 16 grants

Auditorium restoration

$5,000 1 grant

General Support

$3,920 4 grants

Summer reading program

$2,500 3 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$11K	$15K	$288K
2024	$27K	$14K	$291K
2023	$30K	$15K	$278K
2022	$26K	$14K	$263K
2021	$2K	$14K	$251K

Between 2021 and 2025, reported annual revenue grew from $2K to $11K (+622%), with total assets most recently reported at $288K.

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

Grant Geography

Grants from this foundation were reported to recipients in CO, IL, MN.

COILMN

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

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Sample Grants Given

Officers & Directors

Top Grant Purposes

Financial Trends

Grant Geography

Similar Organizations in MN

See the full picture for Security State Bank Foundation