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Filing year 2023

THE RAY CHRISTENSEN FOUNDATION

Lakeville, Minnesota·EIN 82-2397145·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$33k
Total assets
$2.3M
Total expenses
$239k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

President
Board President
25th percentile to median
$4k
$4k
General Memb
Unclassified
$2k
$2k
Secretary
Board Secretary
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$1k
$1k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE RAY CHRISTENSEN FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
Sector median
15%
Middle half of sector
5% to 24%

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 2023 Form 990-PF, Part XV.

Total granted

$173k

Itemized grants

1

Median grant

$173k

RecipientLocationPurposeAmount
SAINT PAUL & MINNESOTA FOUNDATIONSSAINT PAUL, MNDONOR ADV FD TO SUPPORT FILMMAKING$173k

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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.

FAQ

Common questions about THE RAY CHRISTENSEN FOUNDATION

What does the Board President of THE RAY CHRISTENSEN FOUNDATION earn?

In 2023, the Board President of THE RAY CHRISTENSEN FOUNDATION received $4,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE RAY CHRISTENSEN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2023 pay of the Board President at THE RAY CHRISTENSEN FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at THE RAY CHRISTENSEN FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE RAY CHRISTENSEN FOUNDATION's revenue and expenses?

In 2023, THE RAY CHRISTENSEN FOUNDATION reported $33k in total revenue and $239k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.