In 1993, Carl and Eloise Pohlad established a family foundation in Minneapolis, Minnesota so their family’s practice of supporting community needs could transition, in part, to a more public effort.  Carl and Eloise were active in the Foundation throughout their lives.  Today, the Foundation continues its work with gratitude for their wisdom, generosity and love of the Twin Cities and its residents. 

During the first five years of operation, the Foundation supported a wide variety of community services with small grants. For the many nonprofits that received support, it was a welcome, new source of support. Between 1995 and 1998, the total grants awarded annually grew from $247,000 to more than $673,000.

By 1998, the foundation’s assets had increased significantly, from $4 to $14 million.  These increased assets provided a healthy base as the foundation began a new phase in its life. 

This new phase began with adoption of a three-year plan that included a new mission focused on the Twin Cities metro area and youth and families in need.  The Foundation also committed to granting $2.5 million of its assets in each year of the plan.  Systems, policies and personnel in place ensured the Foundation became more responsive and open in its operations.

Today the Pohlad Family Foundation is governed by Carl & Eloise’s three sons, Jim, Bob, and Bill Pohlad.  A broader mission statement focused on improving the quality of life in the Twin Cities and addressing important issues and needs guides the Foundation’s work.  During recent years issues resulting from the economic crisis, including housing, employment and emergency services received significant support.  So, too, has interest in North Minneapolis and its residents.