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Filing year 2024

SAINT PAUL & MINNESOTA FOUNDATION

St Paul, Minnesota·EIN 41-6031510·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$161M
Total assets
$1.6B
Total expenses
$218.7M
Reported officers
32
Mission

PURPOSE: WE INSPIRE, ADVOCATE AND INVEST TO ADVANCE COMMUNITY VISIONS. CONTINUED ON SCH O

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2024

President/ceo/secretary
$805k
$859k
Base
$603k
Bonus
Other
Benefits
$18k
Chief Investment Officer
key employee
$585k
$624k
Base
$550k
Bonus
Other
Benefits
$168
Director of Investments
highest compensated employee
$377k
$402k
Base
$338k
Bonus
Other
Benefits
$18k
SVP Phil Services
senior vice president
$338k
$360k
Base
$286k
Bonus
Other
Benefits
$21k
$313k
$334k
Base
$278k
Bonus
Other
Benefits
$7k
Chief Marketing Officer
key employee
$266k
$284k
Base
$235k
Bonus
Other
Benefits
$7k
VP of People and Culture
vice president
$243k
$259k
Base
$206k
Bonus
Other
Benefits
$16k
Dir of Community & Impact Investing
highest compensated employee
$234k
$250k
Base
$204k
Bonus
$3k
Other
Benefits
$7k
Dir of Community & Impact Investing
highest compensated employee
$217k
$232k
Base
$197k
Bonus
Other
Benefits
$224
AVP of Phil Services
highest compensated employee
$213k
$227k
Base
$177k
Bonus
Other
Benefits
$17k
SVP of Community Impact
senior vice president
$212k
$227k
Base
$195k
Bonus
Other
Benefits
$7k
AVP of Finance
highest compensated employee
$190k
$203k
Base
$172k
Bonus
Other
Benefits
$332

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 20 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 6%
from 2023

From $760k in 2023 to $805k in 2024.

$760k
2023
$805k
2024
In today's dollarsEst.
Up 4% in real terms$830k to $859k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SAINT PAUL & MINNESOTA FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$114.4M
$126.9M
2023
$161M
$218.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

Comparable philanthropy, voluntarism & grantmaking organizations in Minnesota pay their highest-earning executive a median of $20,805.

25th percentile
$6k
Median
$20,805
75th percentile
$47k
90th percentile
$100k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
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