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Glen A. Taylor Foundation

Profile

Last Updated: 2016-05-12

At A Glance

Glen A. Taylor Foundation

1725 Roe Crest Dr.

North Mankato, MN United States 56003-1807

Telephone: (507) 625-2828

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Sports

Financial Data

(yr. ended 2014-12-31)

Assets: $996,764

Total giving: $639,000

EIN

411737411

BRIDGE Number

8398464373

Background

Established in 1992 in MN - Founded in the name of Glen A. Taylor, the head of the Taylor Corp., a multinational electronics company. Taylor was a Minnesota State Senator from 1981 to 1990. He is also the majority owner of the NBA's Minnesota Timberwolves and owner of the WNBA's Minnesota Lynx.

Purpose and Activities

Giving primarily for higher education, and to a foundation which promotes hearing health awareness.

Fields of Interest

Subjects
  • Arts and culture
  • Community college education
  • Diseases and conditions
  • Education
  • Foundations
  • Health
  • Higher education
  • Human services
  • Independent living for people with disabilities
  • International development
  • International relations
  • Philanthropy
  • Rehabilitation
  • Special population support
  • Speech and hearing rehabilitation
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Indigenous peoples
  • Low-income and poor people
  • People with disabilities
  • People with hearing impairments
Organizations
  • Foundations

Financial Data

Year ended 2014-12-31

Assets: $996,764 (market value)

Gifts received: $1,003,525

Expenditures: $640,099

Total giving: $639,000

Qualifying distributions: $640,010