Established by Hormel Foods Corp.’s founder George A. Hormel and his son, Jay C. Hormel, one of The Hormel Foundation’s purposes is to serve as a charitable organization to benefit the Austin community. Its first contribution in 1941 was for $10 and its annual contributions to the community have grown steadily and significantly over the years. Currently, The Hormel Foundation ranks sixth in annual giving among Minnesota’s largest community/public foundations and public charity grant makers.