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Filing year 2024

Valley News Foundation

Mankato, Minnesota·EIN 36-3339339·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$69k
Total assets
$1.1M
Total expenses
$62k
Reported officers
2

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.

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

Pay in context

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%.

This organization (2024)
19%
Sector median
15%
Middle half of sector
5% to 24%

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

RecipientLocationPurposeAmount
Mankato Youth PlaceMankato, MNUnrestricted General Fund$8k
Minnesota State UniversityMankato, MNAthletic Department$5k
Ronald McDonald HouseMinneapolis, MNUnrestricted General Fund$4k
Minnesota State University FoundationMankato, MNUnrestricted General Fund$3k
Mankato Area United WayMankato, MNUnrestricted General Fund$3k
Tee It Up For The TroopsMankato, MNUnrestricted General Fund$2k
Educare FoundationMankato, MNUnrestricted General Fund$2k
Kiwanis Holiday LightsMankato, MNUnrestricted General Fund$1k
Twin Rivers Council For The ArtsMankato, MNUnrestricted General Fund$1k
Children's Museum of Southern MinnesotaMankato, MNUnrestricted General Fund$1k
Bethany Lutheran College & Seminary IncMankato, MNUnrestricted General Use$1k
Feeding Our Communities PartnersNorth Mankato, MNUnrestricted General Fund$1k
Best Christmas EverCloquet, MNUnrestricted General Fund$750
Holiday Sharing TreeMankato, MNUnrestricted General Fund$750
One Bright StarMankato, MNUnrestricted General Fund$750
Open Door Health CenterMankato, MNUnrestricted General Fund$750
Salvation Army of MankatoMankato, MNUnrestricted General Fund$750
VineMankato, MNUnrestricted General Fund$750
Junior AchievementMankato, MNUnrestricted General Fund$700
Angels Against Breast CancerMankato, MNUnrestricted General Fund$500
Blue Earth County Historical SocietyMankato, MNUnrestricted General Fund$500
CADAMankato, MNUnrestricted General Fund$500
Echo Food ShelfMankato, MNUnrestricted General Fund$500
Habitat For HumanityMankato, MNUnrestricted General Fund$500
House of HopeMankato, MNUnrestricted General Fund$500
Compare this foundation's grantees

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.

FAQ

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.