Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.
| Position | Total |
|---|---|
Trustee Board Member 10th to 25th percentile | $25k $27k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at THE RHY CHARITABLE TRUST equaled 6% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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
$350k
Itemized grants
1
Median grant
$350k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MAYO CLINIC DEPARTMENT OF DEVELOPMENT | ROCHESTER, MN | GENERAL USE OF CHARITY | $350k |
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.
Common questions about THE RHY CHARITABLE TRUST
What does the Board Member of THE RHY CHARITABLE TRUST earn?
In 2023, the Board Member of THE RHY CHARITABLE TRUST received $24,996 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at THE RHY CHARITABLE TRUST compare with similar nonprofits?
Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Board Member at THE RHY CHARITABLE TRUST falls between the 10th and 25th percentiles. In 2023, the highest total compensation at THE RHY CHARITABLE TRUST equaled 6% of the organization's total expenses. The median for education organizations is 7%.
What are THE RHY CHARITABLE TRUST's revenue and expenses?
In 2023, THE RHY CHARITABLE TRUST reported $244k in total revenue and $391k 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.
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