Private Foundation

Security State Bank Foundation

Security State Bank Foundation is a Private Foundation headquartered in Hibbing, MN. Financial data from the 2024 filing: $27K revenue, $14K expenses, $291K total assets. IRS filings disclose 133 grants awarded by this foundation, totaling roughly $113K.

EIN: 411830282 Hibbing, MN Latest filing: 2024

Total Revenue$27K

Total Expenses$14K

Total Assets$291K

Grants Given133

Grant Total$113K

Filing Years2020–2024

Sample Grants Given

United Way NE MN

Chisholm, MN · 2024

Buddy backpacks

$2,000

Angel Fund

Hibbing, MN · 2024

Rock for an Angel Bonspiel

$1,000

Katherine Towe and College of St Sc

Hibbing, MN · 2024

Scholarship

$1,000

Lincoln Parent Teacher Org

Hibbing, MN · 2024

LES Playground

$1,000

Fairview Range - Hearts for Hospice

Hibbing, MN · 2024

General support

$1,000

Showing up to 5 of 133 total records — full history available with membership.

Officers & Directors

Director Ej Hanson

Director Greg Hoag

President Karlee Persons

Treasurer Kim Thomas

Director Mark Gardeski

Director Spencer Aune

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support

$50,300 68 grants

Scholarship

$14,000 14 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
2024	$27K	$14K	$291K
2023	$30K	$15K	$278K
2022	$26K	$14K	$263K
2021	$2K	$14K	$251K
2020	$19K	$15K	$264K

Between 2020 and 2024, reported annual revenue grew from $19K to $27K (+43%), with total assets most recently reported at $291K.

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.

See the full picture for Security State Bank Foundation

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