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Filing year 2024

BCBSM Foundation Inc

St Paul, Minnesota·EIN 36-3525653·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$2.1M
Total assets
$79M
Total expenses
$6.5M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

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

President
Board President
Above 90th percentile
$394k
$424k
Director
Unclassified
$2k
$2k
Director
Unclassified
$500
$538

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 7 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 BCBSM Foundation Inc equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
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

$4.6M

Itemized grants

51

Median grant

$100k

RecipientLocationPurposeAmount
United Way WorldwideAlexandria, VA2023 Community Giving Campaign$237k
Native American Community ClinicMinneapolis, MNNative American Community Clinic Equitable Care and Coverage$200k
Northwest Indian Community Development CenterBemidji, MNReclaiming Mino Biimaadiziwin$200k
Way to GrowMinneapolis, MNGreat By Eight$150k
Northfield Healthy Community InitiativeNorthfield, MNGrowing Up Healthy in Rice County Minnesota$125k
Partnership AcademyRichfield, MNLa Red Latina de Educacin Temprana La Red$125k
Hmong American PartnershipSt Paul, MNNavigator Coalition$110k
African Economic Development SolutionsSt Paul, MNAfrican Minnesotan Childcare Provider Civic Leadership and Engagement Project$100k
Amherst H Wilder FoundationST PAUL, MNSaint Paul Promise Thrive by Five Initiative$100k
Amherst H Wilder FoundationST PAUL, MNAfrican American Babies Coalitions and Projects Birth Equity$100k
Apple Tree DentalMounds View, MNLaunching a Family-Centered Dental Home Pilot$100k
CARE ClinicRed Wing, MNExpand Access to Equitable Dental Care and Coverage$100k
CAPI USAMinneapolis, MNHealth Benefits Navigation Spanish Hmong$100k
Children's Defense FundSt Paul, MNBuilding Power and Raising Voices for MN Families$100k
Children's Dental ServicesMinneapolis, MNAdvancing Equitable Dental Care Access to 3,000 Children, Pregnant Women, and Family Members of all Ages across Underserved Minnesota Regions$100k
Comunidades Latinas Unidas En ServicioSt Paul, MN2024 CLUES Early Childhood Initiatives$100k
Comunidades Latinas Unidas En ServicioSt Paul, MNCLUES Access to Coverage$100k
Lao Assistance Center of MinnesotaMinneapolis, MNNitan Building Bridges Across Generations$100k
Mid-Minnesota Legal AssistanceSt Cloud, MNHealthcare Outreach and Enrollment$100k
Northland FoundationDuluth, MNEarly Care and Education Community Connections Initiative$100k
Northwest Minnesota FoundationBemidji, MNStep Up - Level 4 Caregiver Connection$100k
Portico HealthnetMinneapolis, MNEquitable Care Coverage$100k
Project Motherpath IncN Miami Beach, FLRootsCulturally Centered Reproductive Health and Birth Equity$100k
Propel NonprofitsMinneapolis, MNSpark Education$100k
St David's CenterMinnetonka, MNBuilding Equity in Family Home Visiting$100k
Compare this foundation's grantees

Held steady
from 2023

From $391k in 2023 to $394k in 2024.

$391k
2023
$394k
2024
In today's dollarsEst.
Down 2% in real terms$432k to $424k

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.

Pay for the position

Board President pay rose 1% from 2023 to 2024, while revenue fell 44%.

$391k in 2023 to $394k in 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.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about BCBSM Foundation Inc

What does the Board President of BCBSM Foundation Inc earn?

In 2024, the Board President of BCBSM Foundation Inc received $394,242 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at BCBSM Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board President at BCBSM Foundation Inc falls in the top 10%. In 2024, the highest total compensation at BCBSM Foundation Inc equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are BCBSM Foundation Inc's revenue and expenses?

In 2024, BCBSM Foundation Inc reported $2.1M in total revenue and $6.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.