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Filing year 2023

LOUIS A ROBERG ENDOWMENT TRUST

Litchfield, Minnesota·EIN 41-6223072·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$61k
Total assets
$794k
Total expenses
$82k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Trustee
Board Member
Median to 75th percentile
$15k
$17k

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 2023, the highest total compensation at LOUIS A ROBERG ENDOWMENT TRUST equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
18%
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 2023 Form 990-PF, Part XV.

Total granted

$51k

Itemized grants

14

Median grant

$3k

RecipientLocationPurposeAmount
NORTH DAKOTE STATE UNIVERSITYFARGO, NDSCHOLARSHIP$12k
MN STATE UNIVERSITY - MANKATOMANKATO, MNSCHOLARSHIP$7k
SOUTH DAKOTA STATE UNIVERSITYBROOKINGS, SDSCHOLARSHIP$6k
UNIVERSITY OF MN - DULUTHDULUTH, MNSCHOLARSHIP$4k
UNIVERSITY OF MN - TWIN CITIESMINNEAPOLIS, MNSCHOLARSHIP$4k
UNIVERSITY OF WI - STOUTMENOMONIE, WISCHOLARSHIP$4k
SOUTHWEST MINNESOTA STATE UNIVERSITMARSHALL, MNSCHOLARSHIP$3k
UNIVERSITY OF MN - CROOKSTONCROOKSTON, MNSCHOLARSHIP$3k
UNIVERSITY OF MN - MORRISMORRIS, MNSCHOLARSHIP$3k
UNIVERSITY OF WI - RIVER FALLSRIVER FALLS, WISCHOLARSHIP$2k
RIDGEWATER TECHNICAL COLLEGEHUTCHINSON, MNSCHOLARSHIP$2k
UNIVERSITY OF WI - LA CROSSELA CROSSE, WISCHOLARSHIP$2k
ST CLOUD TECHNICAL COLLEGEST CLOUD, MNSCHOLARSHIP$1k
IOWA STATE UNIVERSITYAMES, IASCHOLARSHIP$1k
Pay for the position

Board Member pay rose 101% from 2022 to 2023, while revenue rose 110%.

$8k in 2022 to $15k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 LOUIS A ROBERG ENDOWMENT TRUST

What does the Board Member of LOUIS A ROBERG ENDOWMENT TRUST earn?

In 2023, the Board Member of LOUIS A ROBERG ENDOWMENT TRUST received $15,060 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOUIS A ROBERG ENDOWMENT TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2023 pay of the Board Member at LOUIS A ROBERG ENDOWMENT TRUST falls between the median and the 75th percentile. In 2023, the highest total compensation at LOUIS A ROBERG ENDOWMENT TRUST equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LOUIS A ROBERG ENDOWMENT TRUST's revenue and expenses?

In 2023, LOUIS A ROBERG ENDOWMENT TRUST reported $61k in total revenue and $82k 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.