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Filing year 2024

HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023

Madelia, Minnesota·EIN 93-4718893·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$141k
Total assets
$3.7M
Total expenses
$187k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

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

Trustee
Board Member
25th percentile to median
$5k
$5k
Trustee
Board Member
Below 10th percentile
$2k
$2k
Trustee
Board Member
Below 10th percentile
$2k
$2k

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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$113k

Itemized grants

12

Median grant

$5k

RecipientLocationPurposeAmount
MADELIA HEALTHMADELIA, MNUPGRADE MEDICAL EQUIPMENT$30k
MADELIA HEALTH FOUNDATIONMADELIA, MNSUPPORT COUMMUNITY HEALTH CARE$30k
LAKE CRYSTAL AREA RECREATION CENTERLAKE CRYSTAL, MNREC CENTER EXPANSION$25k
MADELIA COMMUNITY FOOD SHELFMADELIA, MNFEED RESIDENTS WITH FOOD INSECURITY$6k
LAKE CRYSTAL WELLCOME MEMORIAL MUSIC DEPARTMENTLAKE CRYSTAL, MNBAND EQUIPMENT$6k
MADELIA BASEBALLSOFTBALL ASSOCMADELIA, MNIMPROVEMENTS AT BALLPARK$5k
LAKE CRYSTAL BAEBALL ASSOCIATIONLAKE CRYSTAL, MNFIELD UPGRADES$5k
TWIN VALLEY COUNCIL BOY SCOUTS OF AMERICAMADELIA, MNACTIVITIES, UNIFORMS & SUPPLIES$3k
WATONWAN COUNTY 4-H FEDERATIONST JAMES, MNLEARNING & COMMUNITY SERVICE PROGRAM$2k
LITTLE LAKERS CHILD CARE CENTERLAKE CRYSTAL, MNCHILDCARE EQUIPMENT$1k
LIONS CLUB OF MADELIAMADELIA, MNACTIVITIES FOR COUMMUNITY YOUTH$750
MADELIA SENIOR TRANSPORTATION GROUPMADELIA, MNDRIVER REIMBURSEMENT$100
Compare this foundation's grantees
Pay for the position

Board Member pay rose 100% from 2023 to 2024, while revenue rose 62%.

$3k in 2023 to $5k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023

What does the Board Member of HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 earn?

In 2024, the Board Member of HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 received $5,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board Member at HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 falls between the 25th percentile and the median. In 2024, the highest total compensation at HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023's revenue and expenses?

In 2024, HOWARD RASMUSSEN CHARITABLE TRUST DATED JANUARY 1 2023 reported $141k in total revenue and $187k 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.