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Filing year 2024

514 FOUNDATION

Minot, North Dakota·EIN 88-3052475·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$25k
Total assets
$6k
Total expenses
$20k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Trustee
Board Member
Below 10th percentile
$38
$41

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at 514 FOUNDATION equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$18k

Itemized grants

10

Median grant

$2k

RecipientLocationPurposeAmount
KENMARE FOOD PANTRYMINOT, NDCHARITY$3k
GIFT OF LOVEDESOTO, TXCHARITY$3k
DAKOTA HOPE CLINICMINOT, NDCHARITY$3k
A21 USAFORT WORTH, TXCHARITY$3k
318 PROJECTBISMARCK, NDCHARITY$2k
THE PURSUIT CHURCH - MOMENTUMMINOT, NDCHARITY$2k
SOJOURNER CENTERPHOENIX, AZCHARITY$1k
PURSUIT CHURCH - DAY OF HOPEMINOT, NDCHARITY$1k
KENMARE DOLLAR FOR SCHOLARSKENMARE, NDCHARITY$500
EDGAR & IVY'S CAT SANCTUARYCORPUS CHRISTI, TXCHARITY$166
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Dakota

Comparable philanthropy, voluntarism & grantmaking organizations in North Dakota pay their highest-earning executive a median of $13,240.

25th percentile
$5k
Median
$13,240
75th percentile
$50k
90th percentile
$129k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 69 organizations across 69 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Dakota
FAQ

Common questions about 514 FOUNDATION

What does the Board Member of 514 FOUNDATION earn?

In 2024, the Board Member of 514 FOUNDATION received $38 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at 514 FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Member at 514 FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at 514 FOUNDATION equaled 0.2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are 514 FOUNDATION's revenue and expenses?

In 2024, 514 FOUNDATION reported $25k in total revenue and $20k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.