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Filing year 2024

The Helgeson Foundation

Minneapolis, Minnesota·EIN 46-4350306·NTEE W99 · Public & Societal Benefit·501(c)(3)
Total revenue
$576k
Total assets
$2.5M
Total expenses
$210k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Pres & Treas
Unclassified
$12k
$13k
Exec Dir & S
Unclassified
$12k
$13k
Vice President
Board Vice President
Below 10th percentile
$8k
$9k

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.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Helgeson Foundation equaled 6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
6%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$136k

Itemized grants

31

Median grant

$3k

RecipientLocationPurposeAmount
Climate GenerationMinneapolis, MNGeneral Funding$11k
Cedar Cultural CenterMinneapolis, MNGeneral Funding$10k
Wolf Ridge Environmental Learning CenterFinland, MNGeneral Funding$10k
Voyageur Outward Bound SchoolSaint Paul, MNGeneral Funding$9k
BrownbodyVadnais Heights, MNGeneral Funding$8k
The Loppet FoundationMinneapolis, MNGeneral Funding$8k
InteractSaint Paul, MNGeneral Funding$7k
Penumbra Theatre Company IncSaint Paul, MNGeneral Funding$7k
Twin Cities Jazz FestivalMaplewood, MNGeneral Funding$7k
Wilderness InquirySaint Paul, MNGeneral Funding$7k
Minnesota Prison Writing WorkshopMinneapolis, MNGeneral Funding$6k
American Composers ForumSaint Paul, MNGeneral Funding$5k
Center For Irish MusicSaint Paul, MNGeneral Funding$5k
Tru Art SpeaksSaint Paul, MNGeneral Funding$5k
Friends of the Sherburne National Wildlife RefugeZimmerman, MNGeneral Funding$4k
Indigenous RootsSaint Paul, MNGeneral Funding$3k
Spark-YMinneapolis, MNGeneral Funding$3k
Walker West Music AcademtSaint Paul, MNGeneral Funding$3k
Youth FarmMinneapolis, MNGeneral Funding$3k
Ernest Oberholtzer FoundationMarine on Saint Croix, MNGeneral Funding$3k
Hopewell Music Cooperative - NorthMinneapolis, MNGeneral Funding$3k
Paramount Center for the ArtsSt Cloud, MNGeneral Funding$3k
Minnesota Men's ConferenceMinneapolis, MNGeneral Funding$2k
American Indian Community Housing OrganizationDuluth, MNGeneral Funding$1k
ArticultureMinneapolis, MNGeneral Funding$1k
Compare this foundation's grantees

Held steady
from 2023

From $12k in 2023 to $12k in 2024.

$12k
2023
$12k
2024
In today's dollarsEst.
Down 2% in real terms$13k to $13k

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.

Pay for the position

Board Vice President pay held roughly steady from 2023 to 2024, while revenue rose 320%.

$8k in 2023 to $8k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

The Helgeson Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$137k
$218k
2023
$576k
$210k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Public & Societal Benefit executives earn in Minnesota

Comparable public & societal benefit organizations in Minnesota pay their highest-earning executive a median of $60,370.

25th percentile
$23k
Median
$60,370
75th percentile
$136k
90th percentile
$283k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 65 organizations across 65 filings (2023 – 2024).

See full Public & Societal Benefit pay data for Minnesota
FAQ

Common questions about The Helgeson Foundation

What does the Board Vice President of The Helgeson Foundation earn?

In 2024, the Board Vice President of The Helgeson Foundation received $8,000 in total compensation. This pay is in the bottom 10% for Board Vice President roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Vice President pay at The Helgeson Foundation compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board Vice President at The Helgeson Foundation falls in the bottom 10%. In 2024, the highest total compensation at The Helgeson Foundation equaled 6% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are The Helgeson Foundation's revenue and expenses?

In 2024, The Helgeson Foundation reported $576k in total revenue and $210k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.