Margaret A. Cargill Foundation

Margaret A. Cargill Foundation

Margaret A. Cargill established the foundation through her estate in 2006. The endowment originated from shares in Cargill, Inc., which were monetized after her death. Sister entity Anne Ray Foundation operates alongside it with a narrower set of pre-designated beneficiaries. The foundation deploys capital through grants and program-related investments. Asset classes include public equities, real estate holdings, and private fund commitments. Confirmed positions include limited partner stakes in Catalytic Capital for the Agricultural Transition, ADM Capital, Actis, and Tristan Capital Partners. Geographic reach covers the United States, Brazil, Hong Kong, and the United Kingdom. The portfolio maintains exposure to materials via historical Mosaic Company shares that were later reduced. Assets total $3.53 billion. The organization maintains a LEED Platinum headquarters in Eden Prairie, Minnesota, and holds a collection of Native American art and folk crafts. Heather Kukla serves as President and CEO. April 2025: Spoke at EmpowerCF 2025 on challenges in current grantmaking. The foundation maintains a supporting-organization structure that separates grantmaking from investment management. This architecture allows dedicated vehicles such as Anne Ray Foundation to honor specific beneficiary designations while MACF retains flexibility for new program areas.