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Filing year 2024

LRE FOUNDATION

Long Lake, Minnesota·EIN 20-4973856·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.4M
Total assets
$15.7M
Total expenses
$1.2M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · 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
Median to 75th percentile
$20k
$21k

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.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LRE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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

$1.1M

Itemized grants

24

Median grant

$40k

RecipientLocationPurposeAmount
LUNG CANCER RESEARCH FOUNDATIONPHILADELPHIA, PAMEDICAL RESEARCH & WELLNESS$160k
HOPE ACADEMYMINNEAPOLIS, MNEDUCATION$100k
WAY TO GROWMINNEAPOLIS, MNEDUCATION$100k
ACHIEVE TWIN CITIESMINNEAPOLIS, MNEDUCATION$75k
WALLIN EDUCATION FOUNDATIONST PAUL, MNEDUCATION$75k
GREAT MN SCHOOLSMINNEAPOLIS, MNEDUCATION$60k
CHILDREN'S HOSPITALEDINA, MNMEDICAL RESEARCH AND WELLNESS$50k
CRISTO REY JESUIT HIGH SCHOOLMINNEAPOLIS, MNEDUCATION$50k
DOUGHERTY FAMILY COLLEGEST PAUL, MNEDUCATION$50k
DUNWOODY COLLEGEMINNEAPOLIS, MNEDUCATION$50k
PARK NICOLLET FOUNDATIONST LOUIS PARK, MNMEDICAL RESEARCH & WELLNESS$50k
UNIVERSITY OF MN FOUNDATIONMINNEAPOLIS, MNMEDICAL RESEARCH$50k
BANYAN COMMUNITYMINNEAPOLIS, MNHUMAN SERVICES$30k
BLACK MEN TEACHHOPKINS, MNEDUCATION$25k
FRASER SCHOOLMINNEAPOLIS, MNHUMAN SERVICES$25k
NORTHSIDE ACHIEVEMENT ZONEMINNEAPOLIS, MNHUMAN SERVICES$25k
TREEHOUSEST LOUIS PARK, MNTEEN SUPPORT SERVICES$25k
WASHBURNMINNEAPOLIS, MNHUMAN SERVICES$25k
SAMARITAN'S PURSEBOONE, NCDISASTER RELIEF$20k
EMERGE MOTHERS ACADEMYMINNEAPOLIS, MNPARENT SUPPORT SERVICES$15k
RONALD MCDONALD HOUSE MIDWESTMINNEAPOLIS, MNMEDICAL RESEARCH & WELLNESS$15k
EVERY MEAL (SHERIDAN STORY)ROSEVILLE, MNHUMAN SERVICES$10k
OUTWARD BOUNDST PAUL, MNHUMAN SERVICES$10k
TANDEMMINNEAPOLIS, MNHUMAN SERVICES$5k
Compare this foundation's grantees

Held steady
from 2023

From $20k in 2023 to $20k in 2024.

$20k
2023
$20k
2024
In today's dollarsEst.
Down 2% in real terms$22k to $21k

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.

Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 38%.

$20k in 2023 to $20k in 2024.

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

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 LRE FOUNDATION

What does the Board Member of LRE FOUNDATION earn?

In 2024, the Board Member of LRE FOUNDATION received $20,000 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 LRE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board Member at LRE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at LRE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LRE FOUNDATION's revenue and expenses?

In 2024, LRE FOUNDATION reported $1.4M in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.