# Anne Ray Foundation

Anne Ray Foundation is an Endowment / Foundation based in Eden Prairie, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Eden Prairie, United States
- **Region:** North America
- **Address:** 6889 Rowland Road, Eden Prairie, Minnesota, United States
- **Founded:** 1996
- **Assets under management:** 4970 (Altss estimate)
- **Website:** macphilanthropies.org

## Regulatory record

- **Reports private funds:** No

## About

Anne Ray Foundation was established in 1996 by Margaret A. Cargill. It sits alongside the Margaret A. Cargill Foundation under the MACP umbrella and remains limited to the seven named beneficiaries designated by its founder. The foundation maintains an alternative investment portfolio that includes private equity, private credit, and real asset strategies. Confirmed holdings include positions through Blue Owl Capital funds. Geographic exposure spans the United States and international markets via custodied equities and fund commitments. Assets total 4970 million USD. The organization occupies the LEED Platinum headquarters campus in Eden Prairie, Minnesota, through KARI, LLC. It participates in professional networks including the Emerging Practitioners in Philanthropy.

## Sectors

- Philanthropy
- Environment
- Arts

## People

- Christine M. Morse — Board Chair
- Heather Kukla — CEO of Margaret A. Cargill Philanthropies

## Questions

### Who runs investment decisions at Anne Ray Foundation?

Shawn Wischmeier serves as Chief Investment Officer of Margaret A. Cargill Philanthropies. Katinka Domotorffy sits on the Investment Committee. Decisions follow the restricted mandate set by the founder.

### How is Anne Ray Foundation related to Margaret A. Cargill Philanthropies?

Anne Ray Foundation operates as one of two grant-making entities under the MACP umbrella. It functions as a supporting organization with grants limited to founder-named beneficiaries.

### Does Anne Ray Foundation participate in fund commitments or only direct deals?

The foundation holds commitments to private equity, private credit, and real asset funds. It also maintains direct real estate ownership through KARI, LLC.

### What investment stages does Anne Ray Foundation typically target?

The portfolio includes buyout strategies and alternative investments in private markets alongside public equity positions.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/anne-ray-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology