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Filing year 2024

THE RON AND DIANE FAGEN FAMILY FOUNDATION

Granite Falls, Minnesota·EIN 20-2019581·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$91k
Total assets
$2.3M
Total expenses
$132k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. THE RON AND DIANE FAGEN FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Vice President/treasurer
Director
Director

Grants paid

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

Total granted

$107k

Itemized grants

13

Median grant

$5k

RecipientLocationPurposeAmount
AMERICAN RED CROSSWASHINGTON, DCGENERAL SUPPORT$50k
SHRINERS CHILDREN'S TWIN CITIESWOODBURY, MNGENERAL SUPPORT$10k
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNGENERAL SUPPORT$10k
WOUNDED WARRIOR PROJECTATLANTA, GAGENERAL SUPPORT$9k
HAWK CREEK ANIMAL SHELTERWILLMAR, MNGENERAL SUPPORT$5k
MINNESOTAN'S MILITARY APPRECIATION FUNDMINNEAPOLIS, MNGENERAL SUPPORT$5k
GARY SINISE FOUNDATIONNASHVILLE, TNGENERAL SUPPORT$5k
GRANITE FALLS FIRE DEPARTMENTGRANITE FALLS, MNGENERAL SUPPORT$3k
GRANITE FALLS POLICE DEPARTMENTGRANITE FALLS, MNGENERAL SUPPORT$3k
YELLOW MEDICINE COUNTY SHERIFFGRANITE FALLS, MNGENERAL SUPPORT$3k
AVERA FOUNDATION - GRANITE FALLS AMBULANCEMONTEVIDEO, MNGENERAL SUPPORT$3k
GRANITE FALLS LIVING AT HOMESBLOCK NURSESGRANITE FALLS, MNGENERAL SUPPORT$2k
NEIGHBORS UNITED RESOURCE CENTERGOLDEN VALLEY, MNGENERAL SUPPORT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE RON AND DIANE FAGEN FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$35k
$145k
2023
$91k
$132k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

THE RON AND DIANE FAGEN FAMILY 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 RON AND DIANE FAGEN FAMILY FOUNDATION

What are THE RON AND DIANE FAGEN FAMILY FOUNDATION's revenue and expenses?

In 2024, THE RON AND DIANE FAGEN FAMILY FOUNDATION reported $91k in total revenue and $132k 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.