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Filing year 2024

ANNE RAY FOUNDATION

Eden Prairie, Minnesota·EIN 47-1036008·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$153.1M
Total assets
$5B
Total expenses
$172.8M
Reported officers
15
Mission

PROVIDE MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR SHARED PRIORITY PROBLEMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Chief Investment Officer
Key Employee
Above 90th percentile
$415k
$442k
Deputy Cio/investment Dir.
Highest Compensated Employee
75th to 90th percentile
$258k
$275k
Investment Director
Highest Compensated Employee
75th to 90th percentile
$218k
$232k
Investment Director
Highest Compensated Employee
75th to 90th percentile
$202k
$216k
Investment Director
Highest Compensated Employee
75th to 90th percentile
$202k
$216k
Investment Director
Highest Compensated Employee
75th to 90th percentile
$202k
$215k
President
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$180k
$192k
Treasurer/cfo
Median to 75th percentile
$140k
$150k
VP of Programs
Board Vice President
Median to 75th percentile
$123k
$131k
Secretary/gen Counsel
Secretary (Operational)
75th to 90th percentile
$100k
$107k
Board Chair
75th to 90th percentile
$84k
$89k
Base
$84k
Bonus
Other
Benefits
Director
Board Member
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$61k
$65k
Director
Board Member
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$55k
$59k
Director
Board Member
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$54k
$58k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ANNE RAY 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.

Up 26%
from 2023

From $328k in 2023 to $415k in 2024.

$328k
2023
$415k
2024
In today's dollarsEst.
Up 23% in real terms$359k to $442k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 26% from 2023 to 2024, while revenue fell 23%.

$328k in 2023 to $415k in 2024.
  • Highest Compensated Employee pay rose 25% from 2023 to 2024.
  • Chief Financial Officer pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ANNE RAY FOUNDATION

What does the Key Employee of ANNE RAY FOUNDATION earn?

In 2024, the Key Employee of ANNE RAY FOUNDATION received $414,639 in total compensation. This pay is in the top 10% for Key Employee roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at ANNE RAY FOUNDATION compare with similar nonprofits?

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

What are ANNE RAY FOUNDATION's revenue and expenses?

In 2024, ANNE RAY FOUNDATION reported $153.1M in total revenue and $172.8M in total expenses on its IRS Form 990.

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