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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
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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.