Skip to main content
Filing year 2023

THE HANNAH LIPS FOUNDATION

Faribault, Minnesota·EIN 41-1344355·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$18k
Total assets
$299k
Total expenses
$31k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2023

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

Secretary
Board Secretary
Below 10th percentile
$580
$641
Treasurer
Board Treasurer
Below 10th percentile
$580
$641
Director
Unclassified
$290
$320
Vice Pres.
Unclassified
$290
$320
Director
Unclassified
$290
$320
Director
Unclassified
$290
$320
President
Board President
Below 10th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$290
$320

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE HANNAH LIPS FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
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

$27k

Itemized grants

7

Median grant

$4k

RecipientLocationPurposeAmount
CITY OF FARIBAULT PARK & RECFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$6k
PROJECT ABLE - FARIBAULT PUBLIC SCHOOLS COMMUNITY EDUCATIONFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$6k
FARIBAULT SCHOOL #656FARIBAULT, MNCONTRIBUTION - HEALTH FIELD$5k
RICE COUNTY ACTIVITY CENTERFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$4k
INFANTS REMEMBERED IN SILENCEFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$3k
RUTH'S HOUSE OF HOPEFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$2k
RICE COUNTY FRIENDSHIP HOUSEFARIBAULT, MNCONTRIBUTION - HEALTH FIELD$1k
Compare this foundation's grantees
Pay for the position

Board Treasurer pay held roughly steady from 2022 to 2023, while revenue fell 7%.

$580 in 2022 to $580 in 2023.
  • Board Secretary pay held roughly steady from 2022 to 2023.
  • Board President pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 THE HANNAH LIPS FOUNDATION

What does the Board Secretary of THE HANNAH LIPS FOUNDATION earn?

In 2023, the Board Secretary of THE HANNAH LIPS FOUNDATION received $580 in total compensation. This pay is in the bottom 10% for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Secretary pay at THE HANNAH LIPS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Secretary at THE HANNAH LIPS FOUNDATION falls in the bottom 10%. In 2023, the highest total compensation at THE HANNAH LIPS FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE HANNAH LIPS FOUNDATION's revenue and expenses?

In 2023, THE HANNAH LIPS FOUNDATION reported $18k in total revenue and $31k 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.