Best Buy Foundation

Location: 7601 Penn Ave S, Richfield, 55423 MN

EIN: 41-1784382

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67%

33%

What was the overall relationship with the funder?

How many hours did the grant application process take?

8 hours

Median

70%

30%

How would you rate this funder's accessibility?

80%

20%

How successfully do you think the funder is accomplishing its current philanthropic goals?

Important Information

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Top descriptors for this funder

1Difficult to work with1Doesn't "get" nonprofits and issues1Culturally sensitive1Friendly1Openminded1Responsive

Advice from a Friend

Best Buy Foundation

Jul 19, 2018

Reviewer 214 - Grant Applicant - applied in 2018

A lot of work to put the application together, and they ask for a lot of financial details

Pros

Culturally sensitive

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Jun 29, 2018

Grant Applicant - applied in 2017

The Best Buy Foundation takes a heavy handed approach with philanthropy. Typically they come with what they think are solutions instead of asking the community for solutions. Too often its their way or the highway.

Cons

Doesn't "get" nonprofits and issues, Difficult to work with

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Mar 07, 2018

Reviewer 918 - Grant Applicant - applied in 2017

This application is web-based with character count requirements; however, we felt that they gave ample space to be able to make our case, which was really helpful.

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Feb 16, 2018

Reviewer 352 - Grant Applicant - applied in 2017

Best Buy is very interested in funding youth and tech-friendly projects, however they need not be completely tech based. Its good to have a component of technology in the project.

Pros

Friendly, Openminded, Responsive

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Sep 15, 2017

Grant Applicant - applied in 2017

Though my organization has received community grant funding from Best Buy Foundation previously, their process has gone downhill in my opinion. The Foundation lacks transparency. They no longer share the names of grant awardees publically.
In reviewing their 2016 990s I see that they only gave out 17 community grants last year. Unless you are located near their corporate headquarters I suggest your odds are small and the application too intensive for a small grant of $5,000.
In addition, the Foundation updated their application but it no longer aligns with the description, "required elements of proposal" listed on their website which is confusing.

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Best Buy Foundation