BF
LP profile
Blandin Foundation
Limited partner
Foundation · Founded 1941 · Grand Rapids, United States
69
VC firms backed
$400M
AUM
~$12M
Allocated to VC (est. 3%)
01 · Background
Who Blandin Foundation is.
- Historical Background
- The Blandin Foundation was established in 1941 by Charles K. Blandin, an industrialist who owned a successful paper mill in Grand Rapids, Minnesota. Initially created to benefit the Grand Rapids area, the foundation's scope expanded over time to address issues in rural communities throughout Minnesota.
- Source of Capital
- The foundation's capital originates from the personal wealth of its founder, Charles K. Blandin, who endowed it through the Charles K. Blandin Residuary Trust. It operates as a private foundation, managing its endowment to fund its grantmaking and programs.
- Allocation Strategy
- The foundation's grantmaking is directed towards non-profits, educational institutions, Native governments, and other governmental bodies. Geographically, its focus is exclusively on rural communities within the state of Minnesota. The foundation's strategy centers on promoting equity of place, race, and class, with a focus on building sustainable and economically viable rural communities.
02 · Fund commitments
The funds Blandin Foundation backs.
Blandin Foundation is a limited partner in 69 funds. 13 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Bessemer Venture Partners
#17 Power Law
Benchmark
#47 Power Law
Venrock
#56 Power Law
Matrix Partners
#58 Power Law
TCV
#67 Power Law
ARCH Venture Partners
#124 Power Law
Mayfield
#134 Power Law
Sierra Ventures
#254 Power Law
Sinovation Ventures
#279 Power Law
North Bridge Venture Partners
#328 Power Law
U.S. Venture Partners
#342 Power Law
Viola Ventures
#444 Power Law
Walden International
#482 Power Law
Abingworth
ABS Ventures
Accent Equity Partners
Deutsche Beteiligungs
Seligman Private Equity Select
Unigestion
03 · Allocation
How Blandin Foundation’s fund book is spread.
The 69 funds Blandin Foundation backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 6188%
- Europe 57%
- Rest of world 34%
United States 60 · United Kingdom 2 · Argentina 1 · Canada 1
How established those managers are
Managers grouped by how many funds they have raised — across the 41 of 69 with a fund history on record.
Emerging funds · 11
Established funds · 30
5
1
3
2
3
3
10
4
4
5-6
7
7-9
5
10-14
4
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other foundations in the Power Law LP ranking, closest to Blandin Foundation by combined power-law score — North America first, then the nearest worldwide.
🇺🇸
Doris Duke Charitable Foundation
$2.0B AUM
30 VC funds backed
🇺🇸
Surdna Foundation
$1.5B AUM
66 VC funds backed
🇺🇸
Skoll Foundation
$2.0B AUM
51 VC funds backed
🇺🇸
Jane and Daniel Och Family Foundation
8 VC funds backed
🇺🇸
Bush Foundation
$1.0B AUM
15 VC funds backed
🇺🇸
Klarman Family Foundation
$200M AUM
12 VC funds backed
🇺🇸
The Bat Hanadiv Foundation No. 3
$1.6B AUM
5 VC funds backed
🇺🇸
Crankstart Foundation
$4.4B AUM
6 VC funds backed