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Filing year 2024

The Rum Fund

Wayzata, Minnesota·EIN 13-4022921·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$409k
Total assets
$2.9M
Total expenses
$497k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. The Rum Fund reported 2 unpaid officers and board members on its 990-PF.

President
Vice President

Grants paid

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

Total granted

$470k

Itemized grants

36

Median grant

$2k

RecipientLocationPurposeAmount
University of MN FoundationMinneapolis, MNGeneral operations$100k
Minnesota Orchestra AssociationMinneapolis, MNGeneral operations$93k
Planned Parenthood of AmericaNew York, NYGeneral operations$60k
Temple IsraelMinneapolis, MNGeneral operations$48k
Minneapolis Jewish FederationMinnetonka, MNGeneral operations$43k
Children's Theatre CompanyMinneapolis, MNGeneral operations$28k
Greater Twin Cities United WayMinneapolis, MNGeneral operations$26k
The Sholom FoundationMinneapolis, MNGeneral operations$15k
Guthrie TheaterMinneapolis, MNGeneral operations$10k
Washington UniversitySt Louis, MOGeneral operations$10k
Central SynagogueNew York, NYGeneral operations$5k
Fanfare for the CommonsExcelsior, MNGeneral operations$4k
Minnesota Landscape Arboretum FoundationChaska, MNGeneral operations$3k
Trustees Of The University Of PennsylvaniaPhiladelphia, PAGeneral operations$3k
Minneapolis Institute of ArtsMinneapolis, MNGeneral operations$3k
The Blake SchoolHopkins, MNGeneral operations$3k
Southern Poverty Law CenterMontgomery, ALGeneral operations$2k
Herzl Camp FoundationMinneapolis, MNGeneral operations$2k
Jewish Family and Children's ServicesMinnetonka, MNGeneral operations$2k
Minnesota HillelMinneapolis, MNGeneral operations$2k
Minnesota Zoo FoundationApple Valley, MNGeneral operations$1k
180 Degrees IncMinneapolis, MNGeneral operations$1k
Minnesota Council On FoundationsMinneapolis, MNGeneral operations$1k
Oratorio Society of MinnesotaSt Paul, MNGeneral operations$1k
Six Points TheatreSt Paul, MNGeneral operations$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Rum Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$316k
$438k
2023
$409k
$497k
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 Rum Fund 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 Rum Fund

What are The Rum Fund's revenue and expenses?

In 2024, The Rum Fund reported $409k in total revenue and $497k 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.