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Filing year 2024

FOUNDATION 94

Avon, Minnesota·EIN 87-2796402·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$966k
Total assets
$16.6M
Total expenses
$951k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. FOUNDATION 94 reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Agent
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FOUNDATION 94 equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
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

$920k

Itemized grants

6

Median grant

$150k

RecipientLocationPurposeAmount
MN ELKS YOUTH CAMPNISSWA, MNGENERAL FUND$350k
UNIVERSITY OF ST THOMASST PAUL, MNEDUCATION$200k
UNIVERSITY OF ST THOMASST PAUL, MNGENERAL FUND$200k
SCSU HERB BROOKS FUNDST CLOUD, MNHERB BROOKS FUND$100k
RIVER OF LIFE ASSEMBLY OF GOD CHURCHCOLD SPRING, MNMINISTRY$50k
PHASES FAMILY SUPPORTAVON, MNHUMANITARIAN$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

FOUNDATION 94 reported revenue and expenses across 2 filing years.

RevenueExpenses
$109k
$736k
2023
$966k
$951k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

FOUNDATION 94 reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota

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FAQ

Common questions about FOUNDATION 94

What are FOUNDATION 94's revenue and expenses?

In 2024, FOUNDATION 94 reported $966k in total revenue and $951k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.