Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.
| Position | Total |
|---|---|
President Board President Median to 75th percentile | $12k $13k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at Valley News Foundation equaled 19% 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.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$47k
Itemized grants
42
Median grant
$500
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Mankato Youth Place | Mankato, MN | Unrestricted General Fund | $8k |
| Minnesota State University | Mankato, MN | Athletic Department | $5k |
| Ronald McDonald House | Minneapolis, MN | Unrestricted General Fund | $4k |
| Minnesota State University Foundation | Mankato, MN | Unrestricted General Fund | $3k |
| Mankato Area United Way | Mankato, MN | Unrestricted General Fund | $3k |
| Tee It Up For The Troops | Mankato, MN | Unrestricted General Fund | $2k |
| Educare Foundation | Mankato, MN | Unrestricted General Fund | $2k |
| Kiwanis Holiday Lights | Mankato, MN | Unrestricted General Fund | $1k |
| Twin Rivers Council For The Arts | Mankato, MN | Unrestricted General Fund | $1k |
| Children's Museum of Southern Minnesota | Mankato, MN | Unrestricted General Fund | $1k |
| Bethany Lutheran College & Seminary Inc | Mankato, MN | Unrestricted General Use | $1k |
| Feeding Our Communities Partners | North Mankato, MN | Unrestricted General Fund | $1k |
| Best Christmas Ever | Cloquet, MN | Unrestricted General Fund | $750 |
| Holiday Sharing Tree | Mankato, MN | Unrestricted General Fund | $750 |
| One Bright Star | Mankato, MN | Unrestricted General Fund | $750 |
| Open Door Health Center | Mankato, MN | Unrestricted General Fund | $750 |
| Salvation Army of Mankato | Mankato, MN | Unrestricted General Fund | $750 |
| Vine | Mankato, MN | Unrestricted General Fund | $750 |
| Junior Achievement | Mankato, MN | Unrestricted General Fund | $700 |
| Angels Against Breast Cancer | Mankato, MN | Unrestricted General Fund | $500 |
| Blue Earth County Historical Society | Mankato, MN | Unrestricted General Fund | $500 |
| CADA | Mankato, MN | Unrestricted General Fund | $500 |
| Echo Food Shelf | Mankato, MN | Unrestricted General Fund | $500 |
| Habitat For Humanity | Mankato, MN | Unrestricted General Fund | $500 |
| House of Hope | Mankato, MN | Unrestricted General Fund | $500 |
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 Valley News Foundation
What does the Board President of Valley News Foundation earn?
In 2024, the Board President of Valley News Foundation received $12,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at Valley News Foundation compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Board President at Valley News Foundation falls between the median and the 75th percentile. In 2024, the highest total compensation at Valley News Foundation equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are Valley News Foundation's revenue and expenses?
In 2024, Valley News Foundation reported $69k in total revenue and $62k 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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