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Mardag Foundation

Profile

Last Updated: 2016-06-06

At A Glance

Mardag Foundation

101 5th St. E., Ste. 2400

Saint Paul, MN United States 55101-1800

Telephone: (651) 224-5463

URL: www.mardag.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $56,740,653

Total giving: $2,371,404

EIN

411698990

BRIDGE Number

4762750088

Additional Contact Information

Toll free tel.: (800) 875-6167

Background

Established in 1969 in MN - The foundation was established as called for in the will of Agnes Dagmar Elmer Ober, who with her husband, Edgar Ober, was heavily involved in helping St. Paul, MN, community programs. The foundation was originally called the Ober Charitable Foundation, but in 1976 the name was changed to Mardag Foundation, to move away from identifying the foundation with one donor. Mardag is a reversal of Agnes's middle name, "Dagmar."

Purpose and Activities

The foundation is committed to making grants to nonprofit organizations that improve the quality of life in Minnesota for children, seniors, and other at-risk populations and also for programs in education and the arts.

Fields of Interest

Subjects
  • Arts and culture
  • Basic and remedial instruction
  • Child development
  • Child educational development
  • Child welfare
  • Children's museums
  • Community and economic development
  • Education
  • Elementary education
  • Foundations
  • Housing development
  • Human services
  • Museums
  • Philanthropy
  • Reading promotion
  • Senior services
  • Youth development
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Low-income and poor people
  • Seniors

Financial Data

Year ended 2014-12-31

Assets: $56,740,653 (market value)

Expenditures: $3,193,174

Total giving: $2,371,404

Qualifying distributions: $2,606,655