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Filing year 2024

The Northern Tool Foundation

Burnsville, Minnesota·EIN 93-3109754·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$53k
Total assets
$68k
Total expenses
$31k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. The Northern Tool Foundation reported 7 unpaid officers and board members on its 990-PF.

Secretary
President
Treasurer
Director
Director
Director
Director

Grants paid

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

Total granted

$20k

Itemized grants

4

Median grant

$5k

Financial trend

Revenue and expenses over time

The Northern Tool Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$48k
$2k
2023
$53k
$31k
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 Northern Tool Foundation 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 Northern Tool Foundation

What are The Northern Tool Foundation's revenue and expenses?

In 2024, The Northern Tool Foundation reported $53k in total revenue and $31k 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.