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 nationwide.
| Position | Total |
|---|---|
Chair/president Board President Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota | $53k $57k |
Treasurer Board Treasurer 75th to 90th percentile | $51k $54k |
Secretary Board Secretary 75th to 90th percentile | $43k $46k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at Kendrick B Melrose Family Foundation equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$463k
Itemized grants
9
Median grant
$50k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| No Barriers USA | Fort Collins, CO | General Purpose | $120k |
| Create A Memory Foundation | Minneapolis, MN | General Purpose | $115k |
| Alzheimers Association Minnesota-North Dakota Chapter | Minnetonka, MN | General Purpose | $71k |
| Park Nicollet Foundation | St Louis Park, MN | Melrose East St. Paul location expansion | $65k |
| Helping Paws Inc | Hopkins, MN | General Purpose | $50k |
| Giving Voice Initiative | Edina, MN | General Operations | $12k |
| Hill Cities | Minneapolis, MN | General Purpose | $12k |
| Minnesota Military Family Foundation | Golden Valley, MN | General Purpose | $10k |
| Good Cities | Eden Prairie, MN | General Purpose | $8k |
Up 61%
from 2023
From $33k in 2023 to $53k in 2024.
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.
Board President pay rose 61% from 2023 to 2024.
- Board Treasurer pay rose 65% from 2023 to 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 ($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.
Common questions about Kendrick B Melrose Family Foundation
What does the Board President of Kendrick B Melrose Family Foundation earn?
In 2024, the Board President of Kendrick B Melrose Family Foundation received $53,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at Kendrick B Melrose Family Foundation compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board President at Kendrick B Melrose Family Foundation falls between the median and the 75th percentile. In 2024, the highest total compensation at Kendrick B Melrose Family Foundation equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are Kendrick B Melrose Family Foundation's revenue and expenses?
In 2024, Kendrick B Melrose Family Foundation reported $22.9M in total revenue and $903k 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.
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