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Filing year 2024

RACHEL FOUNDATION

Saint Michael, Minnesota·EIN 87-2960273·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$132k
Total assets
$131k
Total expenses
$91k
Reported officers
3

Reported officers (all unpaid)

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

President
Treasurer
Secretary

Grants paid

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

Total granted

$48k

Itemized grants

27

Median grant

$2k

RecipientLocationPurposeAmount
CYSTIC FIBROSIS FOUNDATIONBETHESDA, MDDONATION$8k
AP CONST CHARITABLE EVENTS FOUNDATIONMINNEAPOLIS, MNGOLF FORE GRATITUDE - 19TH HOLE SPONSOR$4k
FORE PARKINSON'SWOODBURY, MNMEAL SPONSOR$3k
NORTH DAKOTA STATE UNIVERSITYFARGO, NDKELSI JUE SCHOLARSHIP$3k
UNIVERSITY OF MINNESOTA DULUTHDULUTH, MNALEX FRANTESL SCHOLARSHIP$3k
CROSS SERVICESROGERS, MNSILVER SPONSOR$3k
ESSENTIA HEALTH FOUNDATIONDULUTH, MNBRONZE GALA SPONSOR$3k
LAKE SUPERIOR COLLEGEDULUTH, MNKAYLEE OLSON SCHOLARSHIP$2k
ST CLOUD TECHNICAL & COMMUNITY COLLEGEST CLOUD, MNKILEY FOBBE SCHOLARSHIP$2k
NATIONAL SAFETY COUNCIL INCITASCA, ILST. MICHAEL FIRE DEPT.$2k
MILLER-DWAN FOUNDATIONDULUTH, MNSHOOT FOR FUN$2k
CHAD SMITH RIDE FOR LIFEALBERTVILLE, MNDONATION$2k
FIREFLY SISTERHOODMINNEAPOLIS, MNPINK OPEN MN$2k
KRAUS ANDERSON COMMUNITY FOUNDATIONMINNEAPOLIS, MNBRONZE SPONSOR PICKLEBALL FOR SUICIDE$2k
1 ROOF COMMUNITY HOUSINGDULUTH, MNDONATION$1k
CORNERHOUSEMINNEAPOLIS, MNHOME RUN SPONSORSIP$1k
ANNANDALE YOUTH FIRST INCANNANDALE, MNDONATION$1k
MLMB FIRST RESPONSE TEAMHILLMAN, MNLACE'EM UP SPONSOR$1k
THUMBS UP 5KELK RIVER, MNLACE'EM UP SPONSOR$1k
HOMES FOR OUR TROOPS INCTAUNTON, MAGOLF CLASSIC SUPPORTER$1k
THE COLLEGE OF ST SCHOLASTICADULUTH, MN35TH ANNUAL TWIN PORTS THANKGIVING BUFFET$1k
DELTA WATERFOWLBISMARCK, NDDONATION$500
THUNDER FOR A CAUSEST MICHAEL, MNDOANTION$500
ERIC F NETTER FUNDST CLOUD, MNRED GOLF SPONSOR$500
WRIGHT COUNTY FRONTLINE OUTREACHMONTICELLO, MNGOLD SPONSOR$500
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

RACHEL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$91k
$67k
2023
$132k
$91k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

RACHEL 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 RACHEL FOUNDATION

What are RACHEL FOUNDATION's revenue and expenses?

In 2024, RACHEL FOUNDATION reported $132k in total revenue and $91k in total expenses on its IRS Form 990.

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