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The Saint Paul Foundation
ISSUE AREA: LEADERSHIP
City: St. Paul
Contact:
Jo-Anne E. Stately
Senior Program Officer
The Saint Paul Foundation
600 Fifth Street Center
55 Fifth Street East
Saint Paul, Minnesota 55101-1797
(651) 224-5463
Created in 1940, The Saint Paul Foundation is dedicated to
serving the community. The foundation makes philanthropic
grants, leads charitable projects, and provides other services
that contribute to community well being. With assets under
management of over $650 million, The Saint Paul Foundation
is the 8th largest community foundation in the nation. At
the end of 2000, The Saint Paul Foundation and Minnesota Foundation:
- Managed 850 trusts and funds worth $666 million.
- Received contributions totaling $27.2 million.
- Approved grants and operated special projects totaling
$28.6 million in 2000.
- Involved more than 300 people on committees advising the
Foundation.
- Staffed two private foundations - F. R. Bigelow Foundation
and Mardag Foundation with combined assets of nearly $200
million and combined grants of more than $8 million
The Foundation is committed to working with donors to achieve
their philanthropic goals. A prime example is the Jane Ring
Hockey Scholarship Fund, which awards a $2,000 scholarship
annually to a deserving Minnesota female hockey player entering
college. Ms. Ring, a retired teacher, wanted to use some of
her money to help girls who shared a passion for the sport
she loves, ice hockey. The process of starting the scholarship,
as with many projects, was difficult, as many foundations
were not equipped to take on small funds. However, The Saint
Paul Foundation was willing to start the fund in 1996 with
less than $20,000. With Ms. Ring continuing her annual contributions
of $10,000, the fund will eventually grow into a permanent
scholarship fund large enough to sustain the annual award.
Some of the other projects The Saint Paul Foundation sponsors
include:
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