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Filing year 2024

THE HOFFMAN FAMILY FDN AGY

Minneapolis, Minnesota·EIN 83-2869660·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.6M
Total assets
$6.5M
Total expenses
$958k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE HOFFMAN FAMILY FDN AGY reported 3 unpaid officers and board members on its 990-PF.

President/director
Secretary/treasurer/director
Director

Grants paid

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

Total granted

$911k

Itemized grants

3

Median grant

$186k

RecipientLocationPurposeAmount
MAYO CLINICROCHESTER, MNGENERAL OPERATING$700k
SCHOLARSHIP AMERICA INCMINNEAPOLIS, MNSCHOLARSHIPS$186k
UNIVERSITY OF ST THOMASST PAUL, MNSCHOLARSHIPS$25k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE HOFFMAN FAMILY FDN AGY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.5M
2023
$1.6M
$958k
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 Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

THE HOFFMAN FAMILY FDN AGY 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 THE HOFFMAN FAMILY FDN AGY

What are THE HOFFMAN FAMILY FDN AGY's revenue and expenses?

In 2024, THE HOFFMAN FAMILY FDN AGY reported $1.6M in total revenue and $958k 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.