The William E. Bradley Research Foundation, based in Rochester, Minnesota, is a private family foundation known for its strategic philanthropic efforts. Established to support various charitable causes, the foundation primarily provides general support grants to preselected organizations.
Foundation Overview
According to its IRS Form 990 filings, the William E. Bradley Research Foundation reported assets of approximately $7.8 million as of 2019. In that year, the foundation distributed around $362,000 in grants, with a median grant amount of $353,000. The foundation does not accept unsolicited funding requests, focusing instead on organizations it identifies and selects internally.
Leadership and Governance
The foundation is overseen by trustees David J. Bradley and Elizabeth A. Bradley, both of whom serve without compensation. Their leadership ensures that the foundation’s activities align with its mission and philanthropic goals.
Grantmaking Focus
While specific details about the foundation’s grantees are limited, the William Bradley Rochester MN Foundation has a history of supporting organizations through general support grants. This approach allows recipient organizations the flexibility to allocate funds where they are most needed, whether for operational costs, program development, or other essential activities.
Commitment to Strategic Philanthropy
The foundation’s selective grantmaking strategy underscores its commitment to impactful philanthropy. By focusing on preselected organizations, the William E. Bradley Research Foundation aims to foster long-term partnerships and support initiatives that align closely with its values and objectives.
Conclusion
The William E. Bradley Research Foundation exemplifies a focused and strategic approach to philanthropy. Through its selective grantmaking and commitment to supporting chosen organizations, the foundation continues to make meaningful contributions to various causes. Its presence in Rochester, MN, adds to the city’s rich tapestry of philanthropic institutions dedicated to driving positive change.
