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 Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.
| Position | Total |
|---|---|
Executive Di Median to 75th percentile | $102k $111k |
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 15 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at THOMAS E & EDNA D CARPENTER FOUNDATION equaled 6% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 6%
from 2022
From $96k in 2022 to $102k in 2023.
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.
Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 12%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
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 THOMAS E & EDNA D CARPENTER FOUNDATION
What does the Chief Executive Officer of THOMAS E & EDNA D CARPENTER FOUNDATION earn?
In 2023, the Chief Executive Officer of THOMAS E & EDNA D CARPENTER FOUNDATION received $102,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THOMAS E & EDNA D CARPENTER FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2023 pay of the Chief Executive Officer at THOMAS E & EDNA D CARPENTER FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THOMAS E & EDNA D CARPENTER FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THOMAS E & EDNA D CARPENTER FOUNDATION's revenue and expenses?
In 2023, THOMAS E & EDNA D CARPENTER FOUNDATION reported $1.3M in total revenue and $1.6M in total expenses on its IRS Form 990.
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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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