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Filing year 2024

MANITOU FUND

White Bear Lake, Minnesota·EIN 41-6055113·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$65.2M
Total assets
$778.2M
Total expenses
$25.3M
Reported officers
3

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 nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$750k
$800k
Chief Program Officer
Above 90th percentile
$350k
$373k
Chief Program Officer
Above 90th percentile
$350k
$373k

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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MANITOU FUND equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$20.1M

Itemized grants

164

Median grant

$50k

RecipientLocationPurposeAmount
SCHWAB CHARITABLEORLANDO, FLCHARITABLE GIFTS$1.8M
INTERNATIONAL TENNIS HALL OF FAME INCNEWPORT, RIHISTORICAL GROUNDS CAPITAL PROJECT ($750K) AND TEAMFAME & BE LEGENDARY PROGRAMS ($250K)$1M
UNIVERSITY OF MINNESOTA FOUNDATIONMINNEAPOLIS, MNCOLLEGE OF DESIGN: KUSSKE DESIGN INITIATIVE ($840K) AND ADDICTION PROJECT ($75K)$915k
CENTURY COLLEGE FOUNDATIONWHITE BEAR LAKE, MNSTART RIGHT PROGRAM$750k
ST CATHERINE UNIVERSITYSAINT PAUL, MNKATIE LEADERSHIP IMPACT PROGRAM$750k
SAVE VENICE INCNEW YORK, NYCAPITAL PROJECTS$540k
USTA FOUNDATION INCORPORATEDWHITE PLAINS, NYVARIOUS PROGRAMS ($370K) AND SCHOLARSHIP FUND ($140K)$510k
FRIENDS OF FAI THE ITALIAN ENVIRONMENT FOUNDATION INCNEW YORK, NYACCESSIBILITY INITIATIVE CAPITAL PROJECT$500k
BIG SUR LAND TRUSTMONTEREY, CADOG PARK CAPITAL PROJECT ($350K) AND ESALEN TRIBE ($100K)$450k
REDFORD CENTER INCSAN FRANCISCO, CAGIANTS RISING FILM ($250K) AND VARIOUS PROGRAMS ($150K)$400k
DEETJEN'S INCBIG SUR, CABUILDING IMPROVEMENTS CAPITAL PROJECT$350k
COLLEGE OF ST SCHOLASTICA INCDULUTH, MNMANITOU FUND NURSING SCHOLARSHIPS$310k
CONSERVATION MINNESOTAMINNEAPOLIS, MNCONSERVATION CREW PROGRAM$300k
GANNA WALSKA LOTUSLANDSANTA BARBARA, CAEDUCATION PROGRAM ($100K) AND LOTUSLAND PRESENTS ($50K) AND ARTS & ARTIFACTS RESTORATION ($150K)$300k
MINNESOTA CENTER FOR ENVIRONMENTAL ADVOCACYSAINT PAUL, MNMATCH$300k
MUSEUM OF CONTEMPORARY ART LOS ANGELESLOS ANGELES, CAENVIRONMENTAL & EDUCATION JUSTICE PROGRAM ($250K) AND CAPITAL PROJECT ($50K)$300k
SANTA BARBARA INTERNATIONAL FILM FESTIVAL INCSANTA BARBARA, CAEDUCATIONAL PROGRAMMING ($200K) AND GENERAL OPERATING ($100K)$300k
THE WHALE SANCTUARY PROJECTWASHINGTON, DCGENERAL OPERATING$300k
UC SANTA BARBARA FOUNDATIONSANTA BARBARA, CAVARIOUS PROGRAMS ($230K) AND BREN SCHOOL SCHOLARSHIPS ($50K)$280k
CENTER FOR URBAN AGRICULTURE AT FAIRVIEW GARDENSGOLETA, CAADULT TEACHING GARDEN CAPITAL PROJECT$275k
TENNIS PATRONS ASSOCIATION OF SANTA BARBARASANTA BARBARA, CACAPITAL PROJECT ($225K) AND GENERAL OPERATING ($50K)$275k
CERENITY SENIOR CARE-WHITE BEAR LAKEWHITE BEAR LAKE, MNCERENITY RESIDENCE PROJECT MATCH$250k
NORTH HOUSE FOLK SCHOOLGRAND MARAIS, MNGENERAL OPERATING$250k
STATE STREET BALLETSANTA BARBARA, CALIVE MUSIC FUND$250k
THE NATURE CONSERVANCYSACRAMENTO, CADANGERMOND PRESERVE POINT CONCEPTION INSTITUTE & RESTORATION$250k
Compare this foundation's grantees

Held steady
from 2023

From $750k in 2023 to $750k in 2024.

$750k
2023
$750k
2024
In today's dollarsEst.
Down 2% in real terms$820k to $800k

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

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 96%.

$750k in 2023 to $750k in 2024.
  • Chief Program Officer pay held roughly steady from 2023 to 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 ($150M - $1B), 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 MANITOU FUND

What does the Chief Executive Officer of MANITOU FUND earn?

In 2024, the Chief Executive Officer of MANITOU FUND received $750,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MANITOU FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MANITOU FUND falls in the top 10%. In 2024, the highest total compensation at MANITOU FUND equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MANITOU FUND's revenue and expenses?

In 2024, MANITOU FUND reported $65.2M in total revenue and $25.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.