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Filing year 2023

INVENTURE FOUNDATION

St Cloud, Minnesota·EIN 84-2879195·NTEE T50 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8k
Total assets
$1k
Total expenses
$37k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2023. INVENTURE FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

President
Secretary and Treasurer
Co Vice President
Co Vice President
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$37k

Itemized grants

7

Median grant

$1k

RecipientLocationPurposeAmount
CENTRA CARE HEALTHST CLOUD, MNDB LIFE PREMIUM$19k
CATHOLIC CHARITIESST CLOUD, MNCIRCLE OF HOPE$10k
QUIET OAKS HOSPICE HOUSEST CLOUD, MNAUTUMUN REFLECTIONS$5k
SC AREA CHAMBER FOUNDATIONST CLOUD, MNDONATIONS TO CHAMBER FOUNDATION$1k
YOUTH FOR CHRISTST CLOUD, MNGIFT TO HELP WITH CLOSING$629
MN WARRIORS ICE HOCKEYAVON, MNMN WARRIORS ICE HOCKEY$250
ST CLOUD AREA SPECIAL OLYMPICSST CLOUD, MNFOR AMA DONATION$120

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

INVENTURE FOUNDATION 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 INVENTURE FOUNDATION

What are INVENTURE FOUNDATION's revenue and expenses?

In 2023, INVENTURE FOUNDATION reported $8k in total revenue and $37k 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.