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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
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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.