# The Minneapolis Foundation

The Minneapolis Foundation is an Endowment / Foundation based in Minneapolis, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** 800 IDS Center 80 South Eighth Street, Minneapolis, MN 55402, United States
- **Founded:** 1915
- **Assets under management:** 942 (Altss estimate)
- **Website:** minneapolisfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/the-minneapolis-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Minneapolis Foundation was established in 1915 as a community foundation. R.T. Rybak leads operations alongside board chair John Taft and CIO Nate Wade, who joined from the McKnight Foundation. The endowment holds positions in private equity through Denham Capital Management and FLAG Capital Management, real estate via Metropolitan Real Estate Partners Global II, and multi-strategy and long/short hedge funds. Direct holdings include the InvestMPLS Revolving Loan Pool and affordable housing initiatives in the Twin Cities. Geographic exposure centers on Minnesota and the United States. Assets total 942 million USD with additional offices absent from records. The foundation maintains supporting organizations including the Eloise and Carl Pohlad Family Fund and WCA Foundation. Nate Wade's appointment as CIO occurred in 2025. The foundation operates through a network of supporting organizations and signature funds that separate donor-advised activity from core endowment management.

## Sectors

- Multi-Strategy Hedge Funds
- Real Estate
- Commodities

## People

- R.T. Rybak — President and CEO
- Nate Wade — Chief Investment Officer
- Marcia Page — Trustee
- John G. Taft — Trustee
- Mary Grove — Trustee

## Questions

### Who runs investment decisions at the Minneapolis Foundation?

Nate Wade was named Chief Investment Officer in December 2025, overseeing the investment partnership that manages the foundation's pooled endowment assets. He reports to President and CEO R.T. Rybak. The foundation's trustee group includes seasoned institutional investors Marcia Page of Värde Partners, John G. Taft of Baird, and Mary Grove of Bread & Butter Ventures, giving the investment committee unusually deep buyside experience for a community foundation.

### Does the Minneapolis Foundation invest in venture capital or private equity?

The foundation's known allocations point toward marketable alternatives — public and liquid hedge fund strategies — plus real estate and commodities. Venture capital exposure is not explicitly documented in the foundation's investment disclosures, though trustee Mary Grove runs a Twin Cities venture firm, Bread & Butter Ventures. Whether the foundation participates in venture fund commitments is not publicly confirmed.

### What is Marcia Page's role at the Minneapolis Foundation?

Marcia Page serves as a trustee. She is the co-founder and executive chair of Värde Partners, the Minneapolis-based distressed-credit and special-situations manager with roughly $13 billion in assets. Her presence on the investment committee gives the foundation direct access to institutional portfolio construction and manager-selection expertise that most community foundations do not have in-house.

### What is the connection between the Minneapolis Foundation and the WCA Foundation?

The WCA Foundation operates as an affiliated giving entity under the Minneapolis Foundation umbrella. The Minneapolis Foundation provides administrative and investment management services to the WCA Foundation, whose assets are pooled alongside the main endowment.

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Last updated: 2026-07-06T00:39:04.274Z

Canonical page: https://altss.com/profile/the-minneapolis-foundation

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