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Filing year 2024

FRANK W VEDEN CHARITABLE TRUST

Sioux Falls, South Dakota·EIN 41-6432193·NTEE T22J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.7M
Total assets
$12.9M
Total expenses
$552k
Reported officers
3

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 South Dakota.

Trustee
Board Member
75th to 90th percentile
$41k
$44k
Trustee
Board Member
75th to 90th percentile
$41k
$44k
Trustee
Board Member
75th to 90th percentile
$35k
$38k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRANK W VEDEN CHARITABLE TRUST equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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

$260k

Itemized grants

6

Median grant

$40k

RecipientLocationPurposeAmount
FERGUS FALLS CENTER FOR THE ARTS INCFERGUS FALLS, MNUNRESTRICTED GENERAL$80k
WEST CENTRAL INITIATIVEFERGUS FALLS, MNSUPPORT EARLY CHILDHOOD$50k
HUMANE SOCIETY OF OTTER TAIL COUNTYFERGUS FALLS, MNGENERAL SUPPORT$50k
KADDATZ GALLERIESFERGUS FALLS, MNGENERAL SUPPORT$30k
APPLE TREE DENTALMOUNDS VIEW, MNGENERAL SUPPORT$25k
MINNESOTA HISTORICAL SOCIETYST PAUL, MNGENERAL SUPPORT$25k
Compare this foundation's grantees

Up 14%
from 2023

From $36k in 2023 to $41k in 2024.

$36k
2023
$41k
2024
In today's dollarsEst.
Up 11% in real terms$40k to $44k

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 Member pay rose 14% from 2023 to 2024, while revenue rose 5813%.

$36k in 2023 to $41k 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 ($10M - $25M), 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 FRANK W VEDEN CHARITABLE TRUST

What does the Board Member of FRANK W VEDEN CHARITABLE TRUST earn?

In 2024, the Board Member of FRANK W VEDEN CHARITABLE TRUST received $40,770 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FRANK W VEDEN CHARITABLE TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Dakota, the 2024 pay of the Board Member at FRANK W VEDEN CHARITABLE TRUST falls between the 75th and 90th percentiles. In 2024, the highest total compensation at FRANK W VEDEN CHARITABLE TRUST equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FRANK W VEDEN CHARITABLE TRUST's revenue and expenses?

In 2024, FRANK W VEDEN CHARITABLE TRUST reported $3.7M in total revenue and $552k 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.