Announcement

GLEN A. TAYLOR MAKES MORE THAN $100 MILLION GIFT TO SUPPORT RURAL COMMUNITIES
MANKATO, MINN.

(Jan. 6, 2026)

Glen Taylor has announced another gift to the charitable foundation he created to help build resilient rural communities. Farmland and securities valued at more than $100 million are being transferred from Taylor to the Taylor Family Farms Foundation, a philanthropic initiative that supports rural areas in southern Minnesota and northwestern Iowa.

“I have received many blessings in my life and they can all be traced back to my upbringing on a farm here in southern Minnesota,” said Taylor. “With this latest gift, I can give back for years to come and make a positive impact on the lives of others in a region that I love so much.”

The Taylor Family Farms Foundation was created in 2023 with the purpose of enhancing rural communities through direct financial grants and by supporting the missions of three other nonprofit organizations: the Mankato Area Foundation (MAF), Southern Minnesota Initiative Foundation (SMIF), and Saint Paul & Minnesota Foundation (SPMF). In late 2023, Taylor gifted nearly $173 million of farmland to the Taylor Family Farms Foundation as the start of a charitable legacy plan. Millions of dollars of income generated from that farmland have since been used by all four organizations to support community-focused programs across the region.

The funding generated by the Taylor Family Farms Foundation has enabled MAF, SMIF and SPMF to advance their respective missions, with special emphasis given to the focus areas and geographies envisioned by Taylor. At the same time, the Taylor Family Farms Foundation has awarded grants in support of Taylor’s own passions, ranging from emergency medical services and food insecurity solutions to childcare programs and outdoor recreation. Taylor’s additional gift of more than $100 million will expand the impact of all four entities for generations into the future.

“The children and families of rural communities will always hold a special place in my heart because I have shared their experiences,” said Taylor. “I can think of no better way to create opportunities for them than by working in partnership with these amazing nonprofit organizations.”

About the Taylor Family Farms Foundation
The Taylor Family Farms Foundation supports and enhances rural communities in southern Minnesota and northwestern Iowa. Through innovative and empowering collaboration with knowledgeable and trusted philanthropic partners, the Taylor Family Farms Foundation works to build resilient rural communities. Learn more at info@taylorfff.org.

GLEN A. TAYLOR ANNOUNCES START OF NEW CHARITABLE LEGACY PLAN
MANKATO, MINN.

(Dec. 19, 2023)

Glen Taylor has announced the start of a new charitable legacy plan that will fund a wide range of philanthropic activities for decades to come. Taylor is gifting assets valued at $172 million with the goal of supporting people in southern Minnesota and rural communities across Minnesota and Iowa.

“The good people of this region have been crucial to my personal growth and success of my businesses,” said Taylor. “It brings me such joy to be in a position where I can give back some of what I have received.”

The donation is the first phase of a larger charitable plan consistent with Taylor’s personal giving priorities. While most widely known for the printing company that bears his name and as the majority owner of the Minnesota Timberwolves and Lynx professional sports teams, Taylor has a long history of funding philanthropic initiatives related to childhood education, rural community revitalization, environmental sustainability, and the social well-being of families in need. The gift will create a financial framework to support these and other causes for future generations in the area Glen Taylor still calls home.

“My heart has always been with the children and families of southern Minnesota,” said Taylor. “I grew up on a small farm not far from here during some very lean times and I carry those memories with me to this day. I hope to make a lasting, positive impact on the lives of future generations by working in partnership with these amazing nonprofit organizations.”

Specifically, Taylor has formed The Taylor Family Farms Foundation to fulfill this mission by working in partnership with three nonprofit organizations: the Mankato Area Foundation (MAF), Southern Minnesota Initiative Foundation (SMIF), and Saint Paul & Minnesota Foundation (SPMF). “These three organizations were hand-picked because of their regional expertise and their shared focus on creating vibrant communities,” added Taylor.

Taylor’s donation is comprised of parcels of farmland located in Minnesota and Iowa. Income generated by the farmland will be distributed to the three partner foundations for continuous reinvestment in the region where Taylor grew up, raised his family, built businesses, and employs thousands of people.

The Mankato Area Foundation was selected due to its longstanding history of connecting individual acts of giving with the needs of people and communities throughout the region.

Nancy Zallek, President and CEO of MAF, said, “When an individual achieves the level of success that Glen has, planning for their charitable legacy is complex but also incredibly personal. I am aware Glen has been carefully crafting his philanthropic plan for several years. Needless to say, I was honored and somewhat awestruck when I received his call. Collaborating with Glen and his team has revealed a transformational strategy that will leave a lasting impact on our region—now and into the future.”

Southern Minnesota Initiative Foundation was selected to lend south central and southeastern Minnesota exposure to the philanthropic vision and offers expertise in managing agricultural operations.

“We are pleased that Glen included SMIF as a resource to support the needs of south central and southeastern Minnesota. I’ve known Glen for a long time, and it doesn’t surprise me that he has designed a bold concept to support the area he cares about so deeply,” said Tim Penny, President and CEO of SMIF.

As the largest community foundation in Minnesota, the Saint Paul & Minnesota Foundation has a deep history of working with partners across the state to help create a Minnesota where all communities and people thrive.

“We are grateful to have the opportunity to work alongside our foundation partners in realizing Glen’s vision for southern Minnesota,” said Dr. Eric Jolly, President and CEO of SPMF. “I admire and celebrate Glen’s decision to give back to a place that he deeply loves. His generosity will not only leave a profound impact on generations in the region, but it will also reverberate throughout the state of Minnesota and beyond. What’s more, his bold and entrepreneurial approach to philanthropy provides a blueprint that will undoubtedly inspire the generosity of others.”

A press conference regarding this announcement has been scheduled for 2:00 p.m. CST on Tuesday, Dec. 19, 2023, at Shared Spaces Center for Nonprofit Collaboration, 127 S 2nd St., Mankato, Minn. Glen Taylor and representatives of all three partnering nonprofit organizations will be on hand to provide additional details about the donation.