The Hormel Foundation
To serve as a charitable organization to benefit the Austin community and as a trustee to various family trusts.
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Organization Overview
Austin, MN 559123478
Grants Given by Year
Grants Received by Year
This organization also receives grants. See Funding Received below for details.
IRS Classification Codes
Organizations, sometimes referred to as public charities, that derive their funding or support primarily from the general public in carrying out their social, educational, religious or other charitable activities serving the common welfare. Although public foundations may provide direct charitable services to the public as other nonprofits do, their primary focus is on grantmaking.
The National Taxonomy of Exempt Entities (NTEE) code is a four digit code used to classify an exempt IRC 501(c)(3) organization.
Subsection Codes are the codes shown under section 501(c) of the Internal Revenue Code of 1986 which define the category under which an organization may be exempt.
Asset Codes relate to the amount of assets shown on the most recent Form 990 series return filed by the organization.
Affiliation Code defines the organizational grouping.
Deductibility Code signifies whether contributions made to an organization are deductible.
Supplemental Information (2025)
The recipient organizations must provide documentation t osubstantiate the use of funds prior to the grant dollars being released to the organization. Grant use reports are completed by the organization for any grant greater than 5,000 to note the impact of the funds.
Source: IRS Form 990 Schedule I supplemental information.
Funding Received
Verified from IRS Form 990 Schedule I filings by this organization's funders - 2 grants from 2 funders, 2017-2022.
| Funder | Year | Amount | Purpose |
|---|---|---|---|
| BLOOMING PRAIRIE CANCER GROUP | 2022 | $20K | N/A |
| THE KNOWLTON FOUNDATION | 2017 | $20K | SCIENTIFIC, BUILDING FUND |