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Filing year 2024

PROSPECT CREEK FOUNDATION

Wayzata, Minnesota·EIN 41-1736420·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$865k
Total assets
$25M
Total expenses
$4.9M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. PROSPECT CREEK FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Director
Director
Director

Grants paid

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

Total granted

$4.9M

Itemized grants

20

Median grant

$5k

RecipientLocationPurposeAmount
SCHWAB CHARITABLE (DAFGIVING360)SAN FRANCISCO, CAOPERATIONAL$3M
GREAT MN SCHOOLSMINNEAPOLIS, MNOPERATIONAL$1.2M
SUMMIT ACADEMYMINNEAPOLIS, MNOPERATIONAL$550k
PRINCETON UNIVERSITYPRINCETON, NJOPERATIONAL$25k
MINNEAPOLIS INSTITUTE OF ARTSMINNEAPOLIS, MNOPERATIONAL$20k
BLAKE SCHOOLMINNEAPOLIS, MNOPERATIONAL$15k
ETC FOUNDATIONSANTA BARBARA, CAOPERATIONAL$8k
MINNESOTA OPERAMINNEAPOLIS, MNOPERATIONAL$5k
SANTA BARBARA COTTAGE HOSPITAL FOUNDATIONSANTA BARBARA, CAOPERATIONAL$5k
SANTA BARBARA MUSEUM OF ARTSANTA BARBARA, CAOPERATIONAL$5k
ST PAUL CHAMBER ORCHESTRAST PAUL, MNOPERATIONAL$5k
MINNESOTA PUBLIC RADIOST PAUL, MNOPERATIONAL$4k
MINNESOTA LANDSCAPE ARBORETUM FOUNDATIONCHASKA, MNOPERATIONAL$3k
TWIN CITIES PUBLIC TELEVISIONST PAUL, MNOPERATIONAL$3k
MINNESOTA ZOOAPPLE VALLEY, MNOPERATIONAL$3k
MINNETONKA CENTER FOR THE ARTSWAYZATA, MNOPERATIONAL$3k
MINNESOTA HISTORICAL SOCIETYST PAUL, MNOPERATIONAL$2k
THEATER LATTE DAMINNEAPOLIS, MNOPERATIONAL$2k
CHILDREN'S THEATRE COMPANYMINNEAPOLIS, CAOPERATIONAL$1k
GRAYWOLF PRESSST PAUL, MNOPERATIONAL$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

PROSPECT CREEK FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$692k
$3.5M
2023
$865k
$4.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

PROSPECT CREEK 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 PROSPECT CREEK FOUNDATION

What are PROSPECT CREEK FOUNDATION's revenue and expenses?

In 2024, PROSPECT CREEK FOUNDATION reported $865k in total revenue and $4.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.