| Recipient | State | IRC section | Cash grant | Purpose |
|---|---|---|---|---|
| AUSTIN YMCA EIN 410718359 | MN | 501(C)(3) | $761K | AUSTIN YMCA REC CENTER CONSTRUCTION |
| VENN FOUNDATION EIN 814476503 | MN | 501(C)(3) | $49K | AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WORKED WITH VENN FOUNDATION IN SUPPORTING TECHNOLOGY COMMERCIALIZATION EFFORTS AT THE HORMEL INSTITUTE (HI). FUNDS WENT TO THE VENN FOUNDATION TO STRUCTURE PROGRAM-RELATED INVESTMENTS (PRIS) THAT WOULD SUPPORT ADVANCING HORMEL INSTITUTE RESEARCH COMMERCIALIZATION. FROM VENN, PRI FUNDS WENT TO SCIENTISTS TO FURTHER DISCOVERIES THAT HAD COMMERCIALIZATION POTENTIAL. |