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Filing year 2024

Otter Tail Power Company Foundation

Fergus Falls, Minnesota·EIN 83-2710944·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.8M
Total assets
$5.2M
Total expenses
$910k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. Otter Tail Power Company Foundation reported 6 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Assistant Treasurer
Vice President
Vice President

Grants paid

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

Total granted

$867k

Itemized grants

233

Median grant

$750

RecipientLocationPurposeAmount
Greater BemidjiEast Grand Forks, MNGeneral Operations$60k
PioneerCare FoundationFergus Falls, MNGeneral Operations$60k
City of Fergus FallsFergus Falls, MNRiverfront Development in Fergus Falls$50k
Lake Region Healthcare FoundationRothsay, MNGeneral Operations$50k
Theodore Roosevelt Presidential LibraryMedora, NDGeneral Operations$50k
Good Samaritan Health Services FoundationRugby, NDGeneral Operations$30k
Edgeley Public SchoolFargo, NDThe new Career Academy construction project$25k
Glendalough State Park Citizens Advisory CommitteeBattle Lake, MNGeneral Operations$25k
New Rockford Area Betterment CorporationNew Rockford, NDGeneral Operations$25k
Ransom County Fair AssociationAshby, MNGeneral Operations$25k
United WayFergus Falls, MNGeneral Operations$20k
Perham Area Community CenterBemidji, MNGeneral Operations$20k
Jamestown Fine Arts Association IncJamestown, NDGeneral Operations$15k
Ramsey County Fair FoundationDevils Lake, NDGeneral Operations$15k
Wahpeton Baseball AssociationParkers Prairie, MNGeneral Operations$15k
Bismarck State College FoundationBismarck, NDGeneral Operations$11k
Mitchell Technical InstituteMitchell, SDGeneral Operations$11k
Central Cass Public SchoolsCasselton, NDBaseball Field Project$10k
Devils Lake Park BoardDevils Lake, NDFund for a Family Entertainment Center in Devils Lake$10k
Highland Elementary Inclusive Playground CommitteeCrookston, MNGeneral Operations$10k
Jamestown Parks and Recreation Foundation IncJamestown, NDGeneral Operations$10k
Jamestown Rural Fire DepartmentJamestown, NDGeneral Operations$10k
Neche Park DistrictNeche, NDGeneral Operations$10k
Rugby Public SchoolRugby, NDRugby Fastpitch Softball Field Construction$10k
Sanford Health Foundation of Northern MinnesotaOakes, NDGeneral Operations$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Otter Tail Power Company Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$685k
2023
$1.8M
$910k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Otter Tail Power Company 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 Otter Tail Power Company Foundation

What are Otter Tail Power Company Foundation's revenue and expenses?

In 2024, Otter Tail Power Company Foundation reported $1.8M in total revenue and $910k 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.