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Filing year 2024

MORTENSON FAMILY FOUNDATION

Minneapolis, Minnesota·EIN 41-1958621·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$17.2M
Total assets
$141.8M
Total expenses
$11.3M
Reported officers
11

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.

Executive Director
75th to 90th percentile
$208k
$222k

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 10 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 MORTENSON FAMILY 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

$6.2M

Itemized grants

262

Median grant

$15k

RecipientLocationPurposeAmount
HAWAIIAN ISLANDS LAND TRUST (DBA HAWAII LAND TRUST)HONOLULU, HIOLA MAHUKONA$250k
REGENTS OF THE UNIVERSITY OF COLORADODENVER, COMORTENSON CENTER FOR GLOBAL ENGINEERING$200k
ALLINA HEALTH FOUNDATIONMINNEAPOLIS, MNCOURAGE KENNY$100k
NORTHSIDE ACHIEVEMENT ZONEMINNEAPOLIS, MNUNRESTRICTED$100k
SCHWARZ AFRICA FUNDMINNEAPOLIS, MNUNRESTRICTED$100k
THE MUSEUM OF RUSSIAN ARTMINNEAPOLIS, MNUNRESTRICTED$100k
WORLD SAVVYMINNEAPOLIS, MNINFORMATION MANAGEMENT SYSTEM$100k
EASTERN CONGO INITIATIVE (AKA ASILI)MINNEAPOLIS, MNUNRESTRICTED$90k
MONTESSORI AMERICAN INDIAN CHILDCARE CENTER INCORPORATEDST PAUL, MNUNRESTRICTED$75k
PEOPLE SERVING PEOPLEMINNEAPOLIS, MNUNRESTRICTED$75k
THOUSAND CURRENTSSAN FRANCISCO, CAUNRESTRICTED$75k
WAY TO GROWMINNEAPOLIS, MNUNRESTRICTED$75k
MINNESOTA EDUCATION EQUITY PARTNERSHIPSAINT PAUL, MNUNRESTRICTED$65k
AMHERST H WILDER FOUNDATIONSAINT PAUL, MNSAINT PAUL PROMISE NEIGHBORHOOD$60k
ONE VILLAGE PARTNERSMINNEAPOLIS, MNUNRESTRICTED$60k
THE MINNEAPOLIS FOUNDATIONMINNEAPOLIS, MNNORTHSIDE YOUTH ENRICHMENT FUND$60k
THE NATURE CONSERVANCYMINNEAPOLIS, MNTUUNGANE$60k
WAKAN TIPI AWANYANKAPI (FKA LOWER PHALEN CREEK PROJECT)SAINT PAUL, MNDAYLIGHTING PHALEN CREEK$60k
EAST PHILLIPS NEIGHBORHOOD INSTITUTEMINNEAPOLIS, MNUNRESTRICTED$55k
MISSISSIPPI PARK CONNECTIONSAINT PAUL, MNUNRESTRICTED$55k
APPETITE FOR CHANGEMINNEAPOLIS, MNURBAN AGRICULTURE$50k
CENTRO TYRONE GUZMANMINNEAPOLIS, MNUNRESTRICTED$50k
DREAM OF WILD HEALTHMINNEAPOLIS, MNUNRESTRICTED$50k
FABRETTO CHILDREN'S FOUNDATIONEVANSTON, ILHONDURAN YOUTH EDUCATION & TRAINING$50k
GREATER TWIN CITIES UNITED WAYMINNEAPOLIS, MN80X3$50k
Compare this foundation's grantees

Up 2%
from 2023

From $204k in 2023 to $208k in 2024.

$204k
2023
$208k
2024
In today's dollarsEst.
Roughly flat in real terms$223k to $222k

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 rose 2% from 2023 to 2024, while revenue rose 80%.

$204k in 2023 to $208k 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 ($50M - $150M), 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 MORTENSON FAMILY FOUNDATION

What does the Chief Executive Officer of MORTENSON FAMILY FOUNDATION earn?

In 2024, the Chief Executive Officer of MORTENSON FAMILY FOUNDATION received $208,457 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MORTENSON FAMILY FOUNDATION 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 MORTENSON FAMILY FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MORTENSON FAMILY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MORTENSON FAMILY FOUNDATION's revenue and expenses?

In 2024, MORTENSON FAMILY FOUNDATION reported $17.2M in total revenue and $11.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.