Mission
The 3M Open Fund is a nonprofit organization established in 2019, created to support local and regional charitable organizations through the fundraising efforts of the 3M Open golf tournament. It aims to demonstrate various ways to improve lives within the community while showcasing elite golf talent.
Basic Information
Tax-Exempt
Founded in
2018
EIN
83-0995816
Total Assets
$3.171 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
First Tee - Minnesota
Empowering young individuals through golf to instill core values and promote healthy lifestyles.
M Health Fairview Masonic Children's Hospital
A leader in pediatric care addressing various needs of children and families.
YWCA of St. Paul
Aiming to eliminate racism and empower women across the community.
Impact Stats
8,000,000
Total Charitable Contributions
Over $8 Million Donated
Since its inception, the 3M Open has donated over $8 million to charity.
1,000,000
Lives Impacted
1 Million Lives Impacted
The donations from 3M Open have positively impacted more than 1 million lives.
Upcoming Events
Folds of Honor Friday
July 26, 2024
A tribute event honoring U.S. service men, women, and first responders.
2025 3M Open
July 21-27, 2025
Enjoy world-class golf while supporting local charities.
Volunteer Opportunities
3M Open Volunteers
Become part of the 3M Open team and help organize the tournament through various roles.
Learn MoreImpact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
51
38
/100
Program Expense Ratio
81.94%
14
/20
Program Revenue Growth
23.40%
18
/20
Leverage Ratio
2.855
2
/20
Working Capital Ratio
-0.3343
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 5.481M | 29.86% |
| Program Services | 12.55M | 68.41% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 317.5K | 1.73% |
| Total Revenue | 18.35M | 100.00% |
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