Executive compensation
Form 990-PF · Part VIII · 3 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 | $108k $115k |
Treasurer Board Treasurer Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $108k $115k |
Vice-president/secretary Board President 75th to 90th percentile | $108k $115k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE OLSETH FOUNDATION equaled 7% 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
$897k
Itemized grants
45
Median grant
$15k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| WORLD WILDLIFE FUND INC (WWF) | WASHINGTON, DC | OPERATING ($100,000); NORTHERN GREAT PLAINS CONSERVATION ($10,000) | $110k |
| RECHARGE AMERICA INC | FAIRFAX, CA | AMERICA/ MINNESOTA/ MANKATO | $90k |
| ST OLAF COLLEGE | NORTHFIELD, MN | SCHOLARSHIP FUND | $60k |
| GREATER MANKATO AREA UNITED WAY INC | MANKATO, MN | OPERATING ($20,000), BOOKS FOR KIDS PROGRAM ($20,500), KINDNESS BOOK PROJECT ($2,500) | $43k |
| PATH HOME (FORMERLY PHFS) | PORTLAND, OR | GENERAL OPERATING ($10,000); PREVENTION PROGRAM ($20,000); NONPROFIT COLLABORATION PROGRAM ($7,500) | $38k |
| THE ADVOCATES FOR HUMAN RIGHTS | MINNEAPOLIS, MN | WOMEN'S RIGHTS PROGRAM ($25,000); ACT NOW! CAMPAIGN ($12,500) | $38k |
| OREGON NATURAL RESOURCES COUNCIL FUND (OREGON WILD) | PORTLAND, OR | OPERATING | $35k |
| THE LIBRARY FOUNDATION INC SERVING THE PEOPLE OF MULTNOMAH COUNTY | PORTLAND, OR | OPERATING | $30k |
| PEOPLE SERVING PEOPLE INC | MINNEAPOLIS, MN | OPERATING; NONPROFIT COLLABORATION PROGRAM | $28k |
| JUNGLE THEATER | MINNEAPOLIS, MN | OPERATING | $25k |
| OREGON WILDLIFE FOUNDATION | PORTLAND, OR | WILDLIFE FEASIBILITY STUDY | $25k |
| FRIENDS OF THE HENNEPIN COUNTY LIBRARY | MINNEAPOLIS, MN | OPERATING | $20k |
| MANKATO AREA FOUNDATION | MANKATO, MN | OPERATING ($15,000); RECHARGE FUND ($5,000) | $20k |
| MEALS ON WHEELS PEOPLE INC | PORTLAND, OR | OPERATING | $20k |
| MINNESOTA ENGAGEMENT ON SHELTER & HOUSING | MINNEAPOLIS, MN | DIRECTOR'S COUNCIL/WHITE EARTH PROJECT | $20k |
| OREGON FOOD BANK INC | PORTLAND, OR | OPERATING | $20k |
| PLANNED PARENTHOOD COLUMBIA WILLAMETTE | PORTLAND, OR | OPERATING | $20k |
| PLANNED PARENTHOOD NORTH CENTRAL STATES | ST PAUL, MN | METRO TEEN COUNCIL | $20k |
| COMMITTEE AGAINST DOMESTIC ABUSE INC (CADA) | MANKATO, MN | OPERATING | $15k |
| MINNEAPOLIS AMERICAN INDIAN CENTER | MINNEAPOLIS, MN | OPERATING | $15k |
| MINNESOTA CENTER FOR ENVIRONMENTAL ADVOCACY | ST PAUL, MN | EDUCATE ABOUT CLIMATE CHANGE AND THE BENEFITS OF MOVING AWAY FROM FOSSIL FUELS | $15k |
| PEAR | PORTLAND, OR | OPERATING | $15k |
| PLAYWRIGHT'S CENTER | MINNEAPOLIS, MN | OPERATING | $15k |
| UNIVERSITY OF WISCONSIN-MADISON | MADISON, WI | NELSON INSTITUTE, ACADEMIC PROGRAM OFFICE AND CARNIVORE COEXISTENCE LAB | $15k |
| CHILDREN'S MUSEUM OF SOUTHERN MINNESOTA | MANKATO, MN | OPERATING | $10k |
Up 3%
from 2023
From $105k in 2023 to $108k in 2024.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 3% from 2023 to 2024, while revenue fell 4%.
- Board Treasurer pay rose 3% 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 OLSETH FOUNDATION
What does the Board President of THE OLSETH FOUNDATION earn?
In 2024, the Board President of THE OLSETH FOUNDATION received $107,951 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 OLSETH 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 OLSETH FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE OLSETH FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE OLSETH FOUNDATION's revenue and expenses?
In 2024, THE OLSETH FOUNDATION reported $1.1M in total revenue and $1.6M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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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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