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Filing year 2024

KG FOUNDATION

Minneapolis, Minnesota·EIN 32-6325139·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$105k
Total assets
$0
Total expenses
$105k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. KG FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

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

Total granted

$105k

Itemized grants

9

Median grant

$10k

RecipientLocationPurposeAmount
THE MINNEAPOLIS INSTITUTE OF THE ARTSMINNEAPOLIS, MNTO PROVIDE SERVICES AND PROGRAMS TO THE COMMUNITY$25k
MINNESOTA ORCHESTRAMINNEAPOLIS, MNTO SUPPORT THE ARTS$20k
TWIN CITIES PUBLIC TELEVISIONST PAUL, MNTO SUPPORT PUBLIC PROGRAMMING$15k
BLAKE SCHOOLHOPKINS, MNTO SUPPORT THE ANNUAL FUND$10k
GUTHRIE THEATERMINNEAPOLIS, MNTO SUPPORT COMMUNITY PRODUCTIONS & PROGRAMS$10k
MAYO CLINICROCHESTER, MNTO SUPPORT RESEARCH, PATIENT CARE AND EDUCATION$10k
MINNEAPOLIS HEART INSTITUTE FOUNDATIONMINNEAPOLIS, MNTO SUPPORT THE FIGHT AGAINST HEART DISEASE$10k
THE RETREATWAYZATA, MNTO SUPPORT THE RETREAT GUEST SCHOLARSHIP FUND$5k
SECOND HARVEST HEARTLANDBROOKLYN PARK, MNGENERAL FUND$318
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

KG FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$100k
$100k
2023
$105k
$105k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

KG 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 KG FOUNDATION

What are KG FOUNDATION's revenue and expenses?

In 2024, KG FOUNDATION reported $105k in total revenue and $105k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.