Public Charity

The Hormel Foundation

Based in Austin, MN, The Hormel Foundation operates as a Public Charity. The organization reported $40.1M in revenue, $37.9M in expenses, $911.7M in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $210K.

EIN: 410694716 Austin, MN Latest filing: 2025
Total Revenue$40.1M
Total Expenses$37.9M
Total Assets$911.7M
Grant Records3
Funding Total$210K
Filing Years2021–2025

Mission

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

Officers & Directors

Director B B Rietz
Director D B Baker
Director D S Aakre
Director J A Woodard
Director J E Poppe
Director J Hernandez

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$210,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $40.1M $37.9M $911.7M
2024 $40.8M $33.6M $1.2B
2023 $37.4M $29.4M $1.1B
2022 $34.4M $28.6M $1.5B
2021 $93.8M $32.1M $1.4B

Between 2021 and 2025, reported annual revenue declined from $93.8M to $40.1M (-57%), with total assets most recently reported at $911.7M.

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

See the full picture for The Hormel Foundation

Complete financials, all 3 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time