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    HORMEL FOODS CORPORATION CHARITABLE

    Private FoundationIRS data 2022–2024
    AUSTIN, MNEIN 010761416

    Annual Giving

    $1.4M-39% YoY

    Grants

    123

    Median Grant

    $5K

    Organizations Funded

    118

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    Foundation Overview

    Mission

    The Hormel Foods Charitable Trust was established to benefit various organizations and projects that create food security by expanding access to nutritious and affordable meals, support the communities where we have operations, and emphasize education. Hormel Foods focuses their philanthropic efforts on three areas: hunger, education and supporting the local communities where they operate, guided by their mission to bring some of the world's most trusted and iconic brands to tables across the globe.

    Focus Areas

    hunger relief and food securityfood banksglobal food assistanceemergency and disaster reliefeducationk-12 and higher educationyouth developmentchildren's programs

    Grant Types

    scholarshipsemergency/disaster reliefcommunity grants

    Funded Initiatives

    10 Under 20 Food Heroes program (financial grants to young changemakers addressing food insecurity); $2 million contributed to hunger relief organizations; $7.2 million in cash and product donations for hunger relief; $340,000 to 34 U.S. communities for local hunger relief; participation in Green Circle Foodtech Ventures Fund I for sustainable foodtech.

    How to Apply

    Must align with criteria that benefit/improve quality of life for residents and improve health and wellbeing of residents. Only U.S.-based 501(c)(3) organizations eligible. Encourages requests for specific initiatives versus event sponsorships. Contact at 1-833-672-1232 or privacy@hormel.com.

    Does Not Fund

    No corporate funds for direct political contributions, candidates, political parties, PACs, super PACs, political committees, 527 groups, ballot question committees, 501(c)(4) organizations, or independent expenditures; non-501(c)(3) organizations excluded; non-U.S. organizations excluded.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-39%

    $1.4M

    Grants

    123

    Median

    $5K

    States

    23

    2023+6%

    $2.3M

    Grants

    166

    Median

    $7K

    States

    30

    2022

    $2.2M

    Grants

    124

    Median

    $10K

    States

    28

    Grant Size Distribution

    $5K

    Typical Grant (Median)

    $250

    Smallest

    $3K

    25th Pctile

    $10K

    75th Pctile

    $115K

    Largest

    Excludes grants ≤ $5K. Half fall between $3K and $10K.

    Largest Recent Grants

    $115K

    2024

    AUSTIN ASPIRES INC

    MN · COMMUNITY SUPPORT

    $100K

    2024

    COMMUNITY FOUNDATION OF GREAT DES MOINES

    IA · COMMUNITY SUPPORT

    $75K

    2024

    NATIONAL MERIT SCHOLARSHIP CORP

    IL · COMMUNITY SUPPORT

    $50K

    2024

    AMERICAN JUNIOR GOLF ASSOCIATION

    GA · COMMUNITY SUPPORT

    $50K

    2024

    AUSTIN COMMUNITY CHARITABLE FUND

    MN · COMMUNITY SUPPORT

    Geographic Focus

    MN
    $685K54 grants
    IA
    $219K14 grants
    IL
    $107K7 grants
    GA
    $60K2 grants
    CA
    $43K5 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $130K
    $1.4M(1092.8%)
    2023
    $1.3M
    $2.3M(182.2%)
    2022
    $1.6M
    $2.2M(138.7%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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