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Borealis Philanthropy

Public charity
Other · MINNEAPOLIS, MN · EIN 46-4598642

About

Borealis philanthropy directs resources to people building powerful, thriving communities that serve ALL of us, with those most impacted by injustice leading the way. We invest in leaders, organizations, and movements using diverse and innovative strategies to pursue transformational change, and we work with donors to support movements in ways they may not be ABLE to do on their own. Through our work with both funders and grantee partners, we AIM to shift power and invest in communities.

Donations are tax-deductible
Category
Other
Employees
63
Volunteers
9

Financial Snapshot

FY ending 2024-12-31
Revenue
$42.5M
Expenses
$54.7M
Assets
$78.2M
Liabilities
$14.2M

Financial history

$54.7M$27.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $42.5M · Avg: $29.0M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$7.3M
BOREALIS PHILANTHROPY
Your actions

Address

126 3RD ST N STE 500
Minneapolis, MN, 55401-165

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.