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Filing year 2024

The Lakeland Group Foundation Inc

Minneapolis, Minnesota·EIN 41-1738234·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$347
Total assets
$478k
Total expenses
$7k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. The Lakeland Group Foundation Inc reported 3 unpaid officers and board members on its 990-PF.

President
Secretary
Director

Grants paid

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

Total granted

$6k

Itemized grants

1

Median grant

$6k

RecipientLocationPurposeAmount
Global MinnesotaMinneapolis, MNBuild greater global understanding and engagement.$6k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Lakeland Group Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$1k
$34k
2023
$347
$7k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

The Lakeland Group Foundation Inc 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 Lakeland Group Foundation Inc

What are The Lakeland Group Foundation Inc's revenue and expenses?

In 2024, The Lakeland Group Foundation Inc reported $347 in total revenue and $7k in total expenses on its IRS Form 990.

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