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Filing year 2024

HORMEL FOODS CORPORATION CHARITABLE TRUST

Austin, Minnesota·EIN 01-0761416·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$356k
Total assets
$130k
Total expenses
$1.5M
Reported officers
11

Reported officers (all unpaid)

No paid executives reported in 2024. HORMEL FOODS CORPORATION CHARITABLE TRUST reported 11 unpaid officers and board members on its 990-PF.

President
Treasurer
Assistant Treasurer
Secretary
Assistant Secretary
Chairman
Director
Director
Director
Director
Vice President

Grants paid

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

Total granted

$1.4M

Itemized grants

123

Median grant

$5k

RecipientLocationPurposeAmount
AUSTIN ASPIRES INCAUSTIN, MNCOMMUNITY SUPPORT$115k
COMMUNITY FOUNDATION OF GREAT DES MOINESDES MOINES, IACOMMUNITY SUPPORT$100k
NATIONAL MERIT SCHOLARSHIP CORPCHICAGO, ILCOMMUNITY SUPPORT$75k
AMERICAN JUNIOR GOLF ASSOCIATIONBRASELTON, GACOMMUNITY SUPPORT$50k
AUSTIN COMMUNITY CHARITABLE FUNDAUSTIN, MNCOMMUNITY SUPPORT$50k
MINI SOTA AGRICULTURAL CHILDREN'S MUSEUMBENSON, MNCOMMUNITY SUPPORT$50k
WORLD FOOD PRIZEDES MOINES, IACOMMUNITY SUPPORT$50k
UNITED WAY-MOWER COUNTYAUSTIN, MNCOMMUNITY SUPPORT$41k
CONVOY OF HOPESPRINGFIELD, MOCOMMUNITY SUPPORT$35k
MAKE-A-WISH MINNESOTAST PAUL, MNCOMMUNITY SUPPORT$35k
RIVERLAND COMMUNITY COLLEGE FOUNDATIONAUSTIN, MNCOMMUNITY SUPPORT$35k
HOMETOWN FOOD SECURITY PROJECTAUSTIN, MNCOMMUNITY SUPPORT$33k
NATIONAL FFA FOUNDATIONINDIANAPOLIS, INCOMMUNITY SUPPORT$25k
NEXUS FOUNDATION FOR FAMILY HEALINGPLYMOUTH, MNCOMMUNITY SUPPORT$25k
THIELEN FOUNDATION INCMINNEAPOLIS, MNCOMMUNITY SUPPORT$20k
FARIBAULT FOUNDATIONFARIBAULT, MNCOMMUNITY SUPPORT$17k
CHAD GREENWAY'S LEAD THE WAY FOUNDATIONFLORENCE, KYCOMMUNITY SUPPORT$16k
AUSTIN AREA FOUNDATIONAUSTIN, MNCOMMUNITY SUPPORT$16k
AUSTIN AREA FOUNDATION CO CITY FLOWER PROJECTAUSTIN, MNCOMMUNITY SUPPORT$16k
AUSTIN AREA COMMISSION FOR THE ARTS INCAUSTIN, MNCOMMUNITY SUPPORT$15k
AUSTIN ENHANCEMENT GROUP INCAUSTIN, MNCOMMUNITY SUPPORT$15k
CITY OF AUSTINAUSTIN, MNCOMMUNITY SUPPORT$13k
ALAMEDA CO COMM FOOD BANKOAKLAND, CACOMMUNITY SUPPORT$10k
ARKANSAS FOOD BANKLITTLE ROCK, ARCOMMUNITY SUPPORT$10k
BE STRONGDEERFIELD BEACH, FLCOMMUNITY SUPPORT$10k
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Financial trend

Revenue and expenses over time

HORMEL FOODS CORPORATION CHARITABLE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$2.4M
2023
$356k
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

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

HORMEL FOODS CORPORATION CHARITABLE TRUST 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 HORMEL FOODS CORPORATION CHARITABLE TRUST

What are HORMEL FOODS CORPORATION CHARITABLE TRUST's revenue and expenses?

In 2024, HORMEL FOODS CORPORATION CHARITABLE TRUST reported $356k in total revenue and $1.5M 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.