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Filing year 2024

GRAY FAMILY EDUCATIONAL FOUNDATION INC

Faribault, Minnesota·EIN 41-1708599·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$18k
Total assets
$438k
Total expenses
$29k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. GRAY FAMILY EDUCATIONAL FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

Director
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$22k

Itemized grants

5

Median grant

$5k

RecipientLocationPurposeAmount
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNCARPENTRY TUITION ASSISTANCE.$5k
FARIBAULT AREA TRAINING & EDUCATION FOUNDATIONFARIBAULT, MNCARPENTRY TUITION ASSISTANCE.$5k
MINNESOTA STATE UNIVERSITY - MANKATO SCIENCE & TECHNOLOGYMANKATO, MNTUITION ASSISTANCE.$5k
BETHLEHEM ACADEMYFARIBAULT, MNTUITION ASSISTANCE.$4k
THE FARIBAULT CHAMBER TRUSTFARIBAULT, MNTUITION ASSISTANCE$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

GRAY FAMILY EDUCATIONAL FOUNDATION INC 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
FAQ

Common questions about GRAY FAMILY EDUCATIONAL FOUNDATION INC

What are GRAY FAMILY EDUCATIONAL FOUNDATION INC's revenue and expenses?

In 2024, GRAY FAMILY EDUCATIONAL FOUNDATION INC reported $18k in total revenue and $29k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.