Executive compensation
Form 990-PF · Part VIII · 20 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Treasurer Board Treasurer Below 10th percentile | $2 $2 |
Secretary Board Secretary Below 10th percentile | $2 $2 |
Chair Board Chair Below 10th percentile | $2 $2 |
Vice Chair Board Vice Chair Below 10th percentile | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $2 $2 |
Director Unclassified | $1 $1 |
Director Unclassified | $1 $1 |
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 →
Top pay as a share of expenses
In 2024, the highest total compensation at Geo A Hormel Testamentary Trust equaled 0.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$59k
Itemized grants
18
Median grant
$3k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Hormel Historic Home Inc | Austin, MN | Op Exp and Bldg restore | $8k |
| Austin Junior All-Star Baseball Inc | Austin, MN | Equipment | $6k |
| Mower County Humane Society | Austin, MN | Veterinary expenses | $5k |
| Austin Symphony Orchestra Society Inc | Austin, MN | Operating expense | $4k |
| Math Masters of Minnesota | Austin, MN | Math Masters competitions | $4k |
| United Way of Mower County | Austin, MN | Food insecurity | $3k |
| Austin Youth Basketball Corporation | Austin, MN | Equipment, tournaments, scholarships | $3k |
| Austin Youth Soccer | Austin, MN | scholarships for players | $3k |
| Marcusen Park Baseball Association | Austin, MN | Equipment | $3k |
| Riverland Community College Foundation | Austin, MN | Royalty rights | $3k |
| Riverside Figure Skating Club | Austin, MN | Ice time | $3k |
| Austin Club League Baseball Inc | Austin, MN | Equipment | $3k |
| Austin Girls Youth Fastpitch Association | Austin, MN | Uniforms and equipment | $3k |
| Austin Convention and Visitors Bureau Inc | Austin, MN | Equipment | $3k |
| Girl Scouts of Minnesota and Wisconsin River Valleys Inc | St Paul, MN | Operational expense | $3k |
| Southern Minnesota Women Center | Austin, MN | Interpreter fees | $2k |
| Brownsdale Volunteer Fire Department | Brownsdale, MN | Structural Firefighting PPE | $2k |
| ISD 497 Lyle Public School | Lyle, MN | Keyboards | $1k |
Board Treasurer pay fell 67% from 2023 to 2024, while revenue rose 1906%.
- Board Secretary pay held roughly steady from 2023 to 2024.
- Board Vice Chair pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Geo A Hormel Testamentary Trust reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota
Comparable philanthropy, voluntarism & grantmaking organizations in Minnesota pay their highest-earning executive a median of $32,530.
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 →Common questions about Geo A Hormel Testamentary Trust
What does the Board Treasurer of Geo A Hormel Testamentary Trust earn?
In 2024, the Board Treasurer of Geo A Hormel Testamentary Trust received $2 in total compensation. This pay is in the bottom 10% for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Board Treasurer pay at Geo A Hormel Testamentary Trust compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Treasurer at Geo A Hormel Testamentary Trust falls in the bottom 10%. In 2024, the highest total compensation at Geo A Hormel Testamentary Trust equaled 0.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are Geo A Hormel Testamentary Trust's revenue and expenses?
In 2024, Geo A Hormel Testamentary Trust reported $98k in total revenue and $76k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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