F. R. Bigelow Foundation is an independent non-profit foundation based in Saint Paul, Minnesota. Established in 1946, the foundation funds programs and helps shape initiatives that strengthen neighborhoods and downtown Saint Paul, while enhancing the quality of life in the Saint Paul area. The assets of the foundation are managed by the board of trustees.F. R. Bigelow Foundation's investment portfolio is valued at $168.24 million, with investments in domestic and international equity, fixed income, hedge fund, private equity, real estate, and cash.