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Filing year 2024

MARJORIE & VM BAICH FOUNDATION

Coleraine, Minnesota·EIN 41-1894078·NTEE B820 · Education·501(c)(3)
Total revenue
-$110k
Total assets
$105k
Total expenses
$8k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. MARJORIE & VM BAICH FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President/tr
Secretary
Director
Director

Grants paid

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

Total granted

$7k

Itemized grants

3

Median grant

$1k

RecipientLocationPurposeAmount
MINNESOTA NORTH COLLEGEHIBBING, MNSCHOLARSHIPS$5k
UNIVERSITY OF MINNESOTA - DULUTHDULUTH, MNSCHOLARSHIPS$1k
COLLEGE OF ST SCHOLASTICADULUTH, MNSCHOLARSHIPS$1k

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

Sector benchmark

What Education executives earn in Minnesota

MARJORIE & VM BAICH FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Minnesota earns a median of $78,449.

25th percentile
$34k
Median
$78,449
75th percentile
$138k
90th percentile
$217k

These are education sector-wide figures, not this organization's reported pay. Based on 647 organizations across 647 filings (2020 – 2024).

See full Education pay data for Minnesota
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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.

MARJORIE & VM BAICH FOUNDATION | Coleraine, MN | Pay | Lucido