I.A. O’Shaughnessy Foundation
/OVERVIEW: The I.A. O’Shaughnessy Foundation supports higher education, Catholic causes, youth, human services, economic success and arts and culture in Minnesota and other area of interest to the family.
FUNDING AREAS: Higher education, Catholic causes, youth, human services, economic success, arts and culture
IP TAKE: This funder supports a variety of local causes, but is very much a family-run affair, usually sticking to organizations affiliated with its family members.
PROFILE: Established in 1941, the I.A. O’Shaughnessy Foundation is a family foundation based in Bloomington, Minnesota. Ignatius Aloysius O’Shaughnessy created the Globe Oil & Refining Company of Oklahoma, as well as other companies in the refining and exploration industries. The directors of the foundation are appointed from the founder’s direct descendants and their families. It is governed by the third and fourth generations of the family. The foundation aims to "share the legacy of Ignatius Aloysius O’Shaughnessy for the common good, making grants that enrich communities and improve people’s lives.” It funds local efforts for higher education, Catholic causes, youth, human services, economic success and arts and culture.
The I.A. O’Shaughnessy Foundation has a focused grantmaking program that funds access to education, helping children grow and develop and creating nurturing educational environments. The funder chooses education grantees to support leaders and innovations in this field. The foundation also has a regional grantmaking program that operates at the local level to enrich cultural life, further educational and economic success and help with urgent problems. These grants typically go to organizations that the family members are aware of and involved with.
Grants range between about $5,000 and $100,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on Minnesota and other geographic areas of interest to the family. Past local grantees include the Montessori Training Center of Minnesota, Way to Grow and the Phillips Eye Institute Foundation.
This foundation does not accept unsolicited grant applications from nonprofits and makes grants on an invitation-only basis. Direct general questions to the staff at 651-222-2323.
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