Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.
| Position | Total |
|---|---|
President Board President 75th to 90th percentile | $75k $81k |
Treasurer Board Treasurer Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $15k $16k |
Director Unclassified | $15k $16k |
Director Unclassified | $15k $16k |
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.
Plus 2 unpaid individuals.
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Top pay as a share of expenses
In 2024, the highest total compensation at THE IVAN BOWEN FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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 2024 Form 990-PF, Part XV.
Total granted
$1.3M
Itemized grants
11
Median grant
$125k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MAYO CLINIC FOUNDATION | ROCHESTER, MN | UNRESTRICTED USE | $295k |
| MINNEAPOLIS HEART INSTITUTE | MINNEAPOLIS, MN | UNRESTRICTED USE | $194k |
| AVOW (NAPLES HOSPICE) | NAPLES, FL | UNRESTRICTED USE | $175k |
| FRIENDS OF ASCENSION | MINNEAPOLIS, MN | UNRESTRICTED USE | $158k |
| CYSTIC FIBROSIS FOUNDATION | BETHESDA, MD | UNRESTRICTED USE | $125k |
| CONSERVANCY OF SW FLORIDA | NAPLES, FL | UNRESTRICTED USE | $125k |
| DOCS FOR HOPE | NEW HAMPTON, IA | UNRESTRICTED | $60k |
| JEREMIAH PROGRAM MSP | MPLS, MN | UNRESTRICTED USE | $50k |
| TRUST FOR PUBLIC LANDS | ST PAUL, MN | UNRESTRICTED | $50k |
| NORTHSIDE ACHEIVEMENT ZONE | MPLS, MN | UNRESTRICTED USE | $25k |
| FARMER TO FARMER | GLENWOOD CITY, WI | UNRESTRICTED USE | $25k |
Held steady
from 2023
From $75k in 2023 to $75k in 2024.
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.
Board President pay held roughly steady from 2023 to 2024, while revenue rose 1240%.
- Board Treasurer pay fell 14% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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.
Common questions about THE IVAN BOWEN FAMILY FOUNDATION
What does the Board President of THE IVAN BOWEN FAMILY FOUNDATION earn?
In 2024, the Board President of THE IVAN BOWEN FAMILY FOUNDATION received $75,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THE IVAN BOWEN FAMILY FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board President at THE IVAN BOWEN FAMILY FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE IVAN BOWEN FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE IVAN BOWEN FAMILY FOUNDATION's revenue and expenses?
In 2024, THE IVAN BOWEN FAMILY FOUNDATION reported $11.2M in total revenue and $1.6M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
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