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Filing year 2024

Fred C and Katherine B Andersen Foundation

Bayport, Minnesota·EIN 41-6020920·3
Total revenue
$71.2M
Total assets
$1.7B
Total expenses
$0
Reported officers
8

Executive compensation

Form 990-PF · Schedule J · 2 reported individuals · Filing year 2024

President
unclassified
$185k
$198k
Secretary (end 7/2024)
unclassified
$62k
$66k

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 6 unpaid individuals.

Up 90%
from 2023

From $97k in 2023 to $185k in 2024.

$97k
2023
$185k
2024
In today's dollarsEst.
Up 86% in real terms$106k to $198k

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.

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

Revenue and expenses over time

Fred C and Katherine B Andersen Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$54.4M
2023
$71.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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