3m Open Fund Logo

MIP Score

51

Philanthropy
Community Foundations

3m Open Fund

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

Address

11074 Radisson Rd NE, Minneapolis, Minnesota, 55449

View all Blaine charities

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.

At a Glance

First Tee - Minnesota

First Tee - Minnesota

Empowering young individuals through golf to instill core values and promote healthy lifestyles.

M Health Fairview Masonic Children's Hospital

M Health Fairview Masonic Children's Hospital

A leader in pediatric care addressing various needs of children and families.

YWCA of St. Paul

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 More

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

CategoryAmountPercentage
Contributions, Gifts, and Grants5.481M29.86%
Program Services12.55M68.41%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources317.5K1.73%
Total Revenue18.35M100.00%