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Filing year 2023

MICHAEL J & KAREN B FREY FOUNDATION

Wayzata, Minnesota·EIN 75-3140739·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$536k
Total assets
$2.7M
Total expenses
$521k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2023. MICHAEL J & KAREN B FREY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Treasurer/president
Secretary/director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$503k

Itemized grants

22

Median grant

$8k

RecipientLocationPurposeAmount
FRIENDS OF EDUCATIONWAYZATA, MNGENERAL$150k
PROVIDENCE ACADEMYPLYMOUTH, MNGENERAL$100k
UMLCMINNETONKA, MNGENERAL$50k
CROOK COUNTY SCHOOL DISTRICTSUNDANCE, WYGENERAL$42k
MINNESOTA VOTERS ALLIANCEST PAUL, MNGENERAL$25k
INSTITUTE FOR JUSTICEARLINGTON, VAGENERAL$25k
WESTON COUNTY FIRENEWCASTLE, WYGENERAL$25k
ALPHA NEWSMINNETONKA, MNGENERAL$25k
CENTER FOR AMERICAN EXPERIMENTGOLDEN VALLEY, MNGENERAL$20k
PERSPECTIVESCHICAGO, ILGENERAL$15k
SAINT PAUL & MINNESOTA FOUNDATIONSAINT PAUL, MNGIVING WOMN COMMUNITY FUND$10k
CROOK COUNTY RODEO ROYALTYSUNDANCE, WYGENERAL$7k
SAINT BARTHOLOMEW OF WAYZATAWAYZATA, MNGENERAL$3k
CROOK COUNTY SEARCH AND RESCUESUNDANCE, WYGENERAL$2k
WIKI MEDIAWASHINGTON, DCGENERAL$1k
CAMP BROTHER BEARASHLAND, WIGENERAL$1k
COMO FRIENDSSAINT PAUL, MNGENERAL$1k
ALZHEIMER'S ASSOCIATIONROCHESTER, MNGENERAL$500
ST MARY'S OF THE LAKELAKE CITY, MNGENERAL$500
WAYZATA YACHT CLUBWAYZATA, MNGENERAL$500
COLORADO ASSOCIATION FOR BEHAVIOR AND ANALYSISGOLDEN, COGENERAL$500
WAYZATA FIRE DEPARTMENTWAYZATA, MNGENERAL$200
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

MICHAEL J & KAREN B FREY 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 MICHAEL J & KAREN B FREY FOUNDATION

What are MICHAEL J & KAREN B FREY FOUNDATION's revenue and expenses?

In 2023, MICHAEL J & KAREN B FREY FOUNDATION reported $536k in total revenue and $521k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.