THE FARIBAULT FOUNDATION IS ON A MISSION TO IMPOVE THE QUAILITY OF LIFE IN FARIBAULT THROUGH THE GENEROSITY OF DONORS. TO ACCOMPLISH THIS MISSION WE ARE GROWING OUR COMMUNITY FOUNDATION, AND GRANTS WILL BE FOCUSED IN THE FARIBAULT COMMUNITY. MAKING AN IMPACT FOR OUR NON PROFITS AND ENHACING OUR COMMUNITIES PROGRAMS. CURRENTLY OUR MOST SIGNIFICANT ACTIVITY IS TRYING TO GROW OUR ASSETS UNDER MANAGEMENT AND EDUCATE THE COMMUNITY ON WHAT A FOUNDATION DOES AND HOW IT CAN HELP THE ENTIRE COMMUNITY.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
| Position | Total |
|---|---|
Executive Director | $86k $92k |
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 9 unpaid individuals.
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Top compensation, year by year
From $17k in 2023 to $86k in 2024.
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.
Revenue and expenses over time
FARIBAULT FOUNDATION INC reported revenue and expenses across 2 filing years.
What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota
Comparable philanthropy, voluntarism & grantmaking organizations in Minnesota pay their highest-earning executive a median of $20,805.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2023).
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