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Filing year 2023

The Hormel Foundation

Austin, Minnesota·EIN 41-0694716·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$40.8M
Total assets
$1.2B
Total expenses
$0
Reported officers
21
Mission

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

Executive compensation, broken down

Form 990 · Schedule J · 18 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Assistant Sec-treas
officer (unspecified)
$204k
Treasurer
officer (unspecified)
$95k
Director
board member
$66k
Director
board member
$65k
Director
board member
$64k
Director
board member
$49k
Vice Chair
board vice chair
$40k
Director
board member
$33k
Director
board member
$27k
Director
board member
$26k
Director
board member
$22k
Secretary
officer (unspecified)
$20k
Director
board member
$19k
Director
board member
$16k
Director
board member
$15k
Director
board member
$14k
Director
board member
$10k
Director
board member
$8k

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Down 73%
from 2022

From $743k in 2022 to $204k in 2023.

$743k
2022
$204k
2023
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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