Skip to main content
Filing year 2023

RITT FAMILY FOUNDATION

White Bear Lake, Minnesota·EIN 41-1624293·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$68k
Total assets
$396k
Total expenses
$93k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Trustee
Board Member
25th percentile to median
$5k
$5k

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 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at RITT FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
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 2023 Form 990-PF, Part XV.

Total granted

$87k

Itemized grants

15

Median grant

$2k

RecipientLocationPurposeAmount
LAKESHORE PLAYERS THEATERWHITE BEAR LAKE, MNGENERAL FUND$21k
FRONT LINE FOUNDATIONEDEN PRAIRIE, MNGENERAL FUND$15k
LIBERTY CLASSICAL ACADEMYHUGO, MNGENERAL FUND$15k
MINNESOTA POLICE&PEACE OFFCRS ASSNST PAUL, MNGENERAL FUND$12k
CENTURY COLLEGE FOUNDATIONWHITE BEAR LAKE, MNGENERAL OPERATING FUNDS$10k
THE RETREATWAYZATA, MNGENERAL FUND$5k
WHITE BEAR LAKE HISTORICAL SOCIETYWHITE BEAR LAKE, MNGENERAL FUND$3k
MINNESOTA ONE HUNDRED CLUBANOKA, MNGENERAL FUND$2k
CHOICE INCEDEN PRAIRIE, MNGENERAL FUND$1k
RIVERWOOD NATURE CENTERSTAR PRAIRIE, WIGENERAL FUND$1k
SPARE KEY FOUNDATIONST PAUL, MNGENERAL FUND$1k
WILDLIFE REHABILITATION CENTERROSEVILLE, MNGENERAL FUND$1k
GREATER WHITE BEAR LAKE COMM FOUNDAWHITE BEAR LAKE, MNGENERAL FUND$500
SMILE NETWORK INTLMINNEAPOLIS, MNGENERAL FUND$500
TIME ON THE WATERST PAUL, MNGENERAL FUND$500
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 RITT FAMILY FOUNDATION

What does the Board Member of RITT FAMILY FOUNDATION earn?

In 2023, the Board Member of RITT FAMILY FOUNDATION received $4,975 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at RITT FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2023 pay of the Board Member at RITT FAMILY FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at RITT FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are RITT FAMILY FOUNDATION's revenue and expenses?

In 2023, RITT FAMILY FOUNDATION reported $68k in total revenue and $93k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

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