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Filing year 2024

GROTTO FOUNDATION INC

Arden Hills, Minnesota·EIN 41-6052604·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$3.3M
Total assets
$32.3M
Total expenses
$1.9M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Executive Director
75th to 90th percentile
$198k
$211k

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 8 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GROTTO FOUNDATION INC equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
10%
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

$1.1M

Itemized grants

28

Median grant

$38k

RecipientLocationPurposeAmount
NORMANDALE COMMUNITY COLLEGE FOUNDATIONBLOOMINGTON, MNBIPOC PEER MENTORING PROGRAM SUPPORT$100k
THE SANNEH FOUNDATIONST PAUL, MNOPERATIONAL SUPPORT$75k
APPETITE FOR CHANGEMINNEAPOLIS, MNOPERATIONAL SUPPORT$50k
BIG IDEAS INCNEW ULM, MNOPERATIONAL SUPPORT$50k
BOLDER OPTIONSMINNEAPOLIS, MNMENTORING PROGRAM SUPPORT$50k
BREAKTHROUGH TWIN CITIESST PAUL, MNOPERATIONAL SUPPORT$50k
DUNWOODY COLLEGE OF TECHNOLOGYMINNEAPOLIS, MNPATHWAYS TO CAREERS PROGRAM SUPPORT$50k
ELPIS ENTERPRISESST PAUL, MNOPERATIONAL SUPPORT$50k
JEREMIAH PROGRAMMINNEAPOLIS, MNOPERATIONAL SUPPORT$50k
MENTOR MNMINNEAPOLIS, MNOPERATIONAL SUPPORT$50k
MOBILE HOPECORCORAN, MNOPERATIONAL SUPPORT$50k
WALLIN EDUCATION PARTNERSST PAUL, MNOPERATIONAL SUPPORT$50k
ISUROONMINNEAPOLIS, MNYOUTH PROGRAMS SUPPORT$40k
UJAMAA PLACEST PAUL, MNOPERATIONAL SUPPORT$40k
REACH FOR RESOURCES INCMINNETONKA, MNOPERATIONAL SUPPORT$35k
NEIGHBORHOOD HOUSEST PAUL, MNOPERATIONAL SUPPORT$30k
THE URBAN VILLAGE INCST PAUL, MNOPERATIONAL SUPPORT$30k
TREE TRUSTST PAUL, MNOPERATIONAL SUPPORT$30k
BLACK MEN TEACHMINNEAPOLIS, MNOPERATIONAL SUPPORT$25k
COMMUNITIES IN SCHOOLSST PAUL, MNPROGRAMMING SUPPORT$25k
BRAVO ZULU HOUSENEW RICHMOND, MNOPERATIONAL SUPPORT$23k
GIGI'S PLAYHOUSEST LOUIS PARK, MNOPERATIONAL SUPPORT$23k
HILL MUSEUM & MANUSCRIPT LIBRARYCOLLEGEVILLE, MNOPERATIONAL SUPPORT$23k
BIG BROTHERSBIG SISTERS OF THE 7 RIVERSLA CROSSE, WIOPERATIONAL SUPPORT$20k
CARLSON SCHOOL OF MANAGEMENTMINNEAPOLIS, MNYOUTH MENTORSHIP PROGRAM SUPPORT$20k
Compare this foundation's grantees

Up 2%
from 2023

From $194k in 2023 to $198k in 2024.

$194k
2023
$198k
2024
In today's dollarsEst.
Down 1% in real terms$212k to $211k

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.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 28%.

$194k in 2023 to $198k 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 ($25M - $50M), 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 GROTTO FOUNDATION INC

What does the Chief Executive Officer of GROTTO FOUNDATION INC earn?

In 2024, the Chief Executive Officer of GROTTO FOUNDATION INC received $197,647 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GROTTO FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at GROTTO FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GROTTO FOUNDATION INC equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GROTTO FOUNDATION INC's revenue and expenses?

In 2024, GROTTO FOUNDATION INC reported $3.3M in total revenue and $1.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.