Taylor Family Farms Foundation

Name

Taylor Family Farms Foundation

Legal name

Taylor Family Farms Foundation

Website

https://taylorfff.org

Company type

Private

Founded year

2023

Operating status

Operating

Ownership category

akta.pro rank

Product category

Rural Philanthropic Foundation Services

NAICS

Grantmaking Foundations (813211), Other Grantmaking and Giving Services (813219)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD)

Keywords

• Rural community grants
• Philanthropic foundation services
• Farmland asset management
• Community grantmaking programs
• Nonprofit rural support

Headquarters

HQ city

Mankato

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Revenue model

1. Charitable Donations: The foundation receives farmland and securities donations from founder Glen Taylor. In December 2023, Taylor gifted approximately $172 million of farmland. In January 2026, Taylor transferred additional farmland and securities valued at more than $100 million.
2. Land Lease Income: The foundation leases the donated farmland and uses annual rent payments to fund community-based grantmaking. This provides a recurring revenue stream to support ongoing philanthropic activities.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Taylor Family Farms Foundation is a charitable foundation that awards financial grants to 501(c)(3) nonprofit organizations serving rural communities in southern Minnesota and northwestern Iowa. Grantmaking is funded by leasing donated farmland and is conducted through two grant rounds per year, both directly by the foundation and via three partner foundations (Mankato Area Foundation, Southern Minnesota Initiative Foundation, and Saint Paul & Minnesota Foundation).

Product overview

Taylor Family Farms Foundation is a philanthropic organization operating as a single unified grantmaking entity rather than a platform architecture. The foundation supports rural communities through direct financial grants awarded to nonprofit organizations, funded by income generated from leased farmland assets. The foundation collaborates with three partner foundations (Mankato Area Foundation, Southern Minnesota Initiative Foundation, and Saint Paul & Minnesota Foundation) to advance community-focused programs in southern Minnesota and northwestern Iowa. The foundation conducts two grant rounds per year, focusing on rural well-being, emergency medical services, food insecurity solutions, childcare programs, and outdoor recreation.

Differentiator

Problem solved

Functional benefit

Products and services

• Rural Community Grant Program Primary grant program of the foundation that awards financial grants to 501(c)(3) nonprofit organizations focused on rural well-being in southern Minnesota and northwestern Iowa. Funds are generated through annual rent payments from leased farmland assets and support programs addressing emergency medical services, food insecurity solutions, childcare programs, and outdoor recreation. Two grant rounds are held per year.
• Partner Foundation Support Direct financial support and mission alignment provided to three partner nonprofit organizations: Mankato Area Foundation (MAF), Southern Minnesota Initiative Foundation (SMIF), and Saint Paul & Minnesota Foundation (SPMF). The partner foundations leverage their regional expertise and existing networks to distribute funds to community-focused programs across southern Minnesota and northwestern Iowa.

Quantifiable outcome

• Over $270 million in total gifts committed (2023-2026)
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Mankato Area Foundation (MAF)coreStrategic or Co-development Partner · 1 December 2023MAF was selected for its longstanding history of connecting individual acts of giving with the needs of people and communities throughout the region. The foundation receives funding from Taylor Family Farms Foundation to advance community-focused programs in the Mankato area.
• Southern Minnesota Initiative Foundation (SMIF)coreStrategic or Co-development Partner · 1 December 2023SMIF was selected to lend south central and southeastern Minnesota exposure to the philanthropic vision and offers expertise in managing agricultural operations. SMIF focuses on early childhood and entrepreneur development with President/CEO Tim Penny serving on the Taylor Family Farms Foundation board.
• Saint Paul & Minnesota Foundation (SPMF)coreStrategic or Co-development Partner · 1 December 2023As the largest community foundation in Minnesota, SPMF has a deep history of working with partners across the state. SPMF Senior Vice President of Philanthropic Services Jeremy Wells also serves on the Taylor Family Farms Foundation board, providing fundraising and donor stewardship expertise.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• McKnight Foundation: Minneapolis-based major Minnesota private foundation supporting Midwestern communities, arts, and environment. Comparable as a substantially larger Minnesota-based grantmaker operating in overlapping rural/community domains.
• Bush Foundation: St. Paul-based major regional foundation investing in community growth across MN, ND, SD, and Native communities. Comparable as a larger, more established Minnesota-rooted foundation with rural and community-development remit.

Direct peers

• Otto Bremer Trust: Minnesota-based private trust making grants in rural communities, agriculture, and human services across MN, ND, and WI. Comparable regional grantmaking scale and rural mission overlap.
• Mankato Area Foundation (MAF): Community foundation serving the greater Mankato region. Directly comparable as a Taylor Family Farms Foundation partner that distributes grants to nonprofits in the same southern Minnesota geography.
• Iowa West Foundation: Council Bluffs-based foundation serving southwestern Iowa. Comparable as a regional grantmaker supporting rural Iowa community well-being in an adjacent geography to TFFF's NW Iowa footprint.
• Southern Minnesota Initiative Foundation (SMIF): Regional foundation focused on early childhood and entrepreneur development across 20+ south central and southeastern Minnesota counties. Partner foundation with overlapping geography and grantmaking mission.
• The Taylor Foundation: Separate Glen Taylor-founded private foundation operating in the same geographic and mission space. Closely comparable as another family-controlled charitable vehicle with overlapping rural-MN focus.
• Saint Paul & Minnesota Foundation (SPMF): Minnesota's largest community foundation, offering statewide donor services and grantmaking. Comparable as both a Taylor Family Farms Foundation partner and a similarly structured grantmaking organization.
• Blandin Foundation: Grand Rapids, MN-based foundation investing in rural Minnesota community vitality, leadership, and economic development. Strongly comparable mission targeting rural MN well-being.

Regional players

• Headwaters Foundation for Justice: Minneapolis-based community foundation focused on social justice across Minnesota. Comparable as a Minnesota-headquartered grantmaker; differs in thematic focus but overlapping regional mandate.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taylor Family Farms Foundation