HEADWATERS FOUNDATION FOR JUSTICE

MINNEAPOLIS, MN, 55407-5778 (612) 879-0602 Est. 1984 EIN 36-3359386
Form 990 501(c)(3)
WWW.HEADWATERSFOUNDATION.ORG

Mission

HEADWATERS FOUNDATION FOR JUSTICE (THE FOUNDATION) IS A COMMUNITY FOUNDATION WHOSE MISSION IS TO AMPLIFY THE POWER OF COMMUNITY TO ADVANCE EQUITY AND JUSTICE.

Giving Portfolio

Total Grants
499
Total Giving
$17.1M
Recipients
479
Years Active
2018 - 2024
Avg grant: $35,523 Median: $20,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202493$3.6M $39K5141
202362$3.8M $61K2141
202290$1.9M $21K4543
202082$3.6M $43K3341
201990$3.1M $35K4145
201882$1.2M $15K770

Sectors Funded

Arts, Culture & Humanities
84
Human Services
72
Community Improvement
36
Civil Rights & Advocacy
36
Education
31
Environment
30
Philanthropy & Grantmaking
24
Health Care
21
and 12 more sectors

Top States

Minnesota
432
California
26
New York
13
Wisconsin
4
Massachusetts
3
Maryland
3
Pennsylvania
3
Georgia
2
and 9 more states

Grantee Size Profile

$1M - $5M
181
$500K - $1M
103
$100K - $500K
86
$10M - $50M
35
$5M - $10M
24
Under $100K
21
Over $50M
9

Top Grantees

MN - 5 grants
$578K
MN - 4 grants
$280K
MN - 2 grants
$260K
MN - 3 grants
$255K
and 15 more grantees

Grants Awarded · 477 grants

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Financials

Total Revenue
$5,282,846
Total Expenses
$7,851,691
Net Assets
$14,066,956
18 employees 45 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
21.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.9%
Expenses ↑ 14.3%
Revenue Sources
Contributions 92.9% Investment 6.9%
Expense Breakdown
Program 71.2% Management 15.9% Fundraising 12.9%

Officers & Trustees (14)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$5,282,846 $7,851,691$14,066,956
2023 Form 990$4,481,203 $6,868,883$16,098,299
2022 Form 990$3,561,458 $4,763,422$18,542,411
2020 Form 990$13,864,932 $5,774,182$19,076,384
2019 Form 990$8,568,167 $5,226,778$9,875,970
2018 Form 990$3,212,274 $3,176,946$7,430,543

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EIN: 36-3359386 · Source: IRS Form 990 e-file data