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Filing year 2024

VERNA O CANOVA FOUNDATION

Marine On St Croix, Minnesota·EIN 46-4135266·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$374k
Total assets
$4.4M
Total expenses
$350k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Vice President, Treasurer
Board Vice President
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$13k
$14k
Secretary, Director
Unclassified
$10k
$11k
President
Board President
25th percentile to median
$10k
$11k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VERNA O CANOVA FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
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

$267k

Itemized grants

26

Median grant

$10k

RecipientLocationPurposeAmount
JAMES P HARRINGTON ORGANIZATIONMARSHFIELD, MAPROGRAM AND EVENTS SUPPORT$20k
CAPE WELLNESS COLLABORATIVESOUTH YARMOUTH, MAWELLNESS SUPPORT$15k
COMMUNITY MUSIC SCHOOLALLENTOWN, PAMUSIC LESSONS AND INSTRUMENTS$15k
KIDSPEACE CHILDREN'S HOSPITALSCHNECKSVILLE, PAGENERAL FUNDING$15k
MANITO LIFE CENTERALLENTOWN, PAEQUINE THERAPY SERVICES$15k
REPERTORY DANCE THEATREALLENTOWN, PADANCE PROGRAM SUPPORT$15k
VIA OF THE LEHIGH VALLEYBETHLEHEM, PAMISSION AND PROGRAM SUPPORT$15k
ASPIRE TO AUTONOMY INCALLENTOWN, PAPROGRAM AND EVENTS SUPPORT$10k
BLOOM FOR WOMEN INCBETHLEHEM, PAPROGRAM AND EVENTS SUPPORT$10k
COMMUNITY BIKE WORKSALLENTOWN, PAEARN A BIKE PROGRAM$10k
GOOD SHEPHERD REHABILITATION NETALLENTOWN, PACHARITABLE OPERATIONS$10k
GUARDIAN SUPPORT AGENCY INCALLENTOWN, PAMISSION AND PROGRAM SUPPORT$10k
LEHIGH VALLEY ITALIAN BANDALLENTOWN, PACHARITABLE OPERATIONS$10k
MEALS ON WHEELS OF LEHIGH COUNTYALLENTOWN, PAMEALS PROGRAM$10k
PROJECT OF EASTONEASTON, PACHARITABLE OPERATIONS$10k
RIPPLE COMMUNITY INCALLENTOWN, PARCI VILLAGE$10k
SHARE CARE FAITH IN ACTIONBETHLEHEM, PACAREGIVING ASSISTANCE SUPPORT$10k
THE LITERACY CENTERALLENTOWN, PAADULT LITERACY PROGRAMS$10k
TOUCHSTONE THEATREBETHLEHEM, PAARTS EDUCATION$10k
MILLER-KEYSTONE BLOOD CENTERBETHLEHEM, PACHARITABLE OPERATIONS$7k
THE ALLENTOWN BAND INCALLENTOWN, PACHARITABLE OPERATIONS$7k
PIONEER BAND OF ALLENTOWN INCALLENTOWN, PACHARITABLE OPERATIONS$5k
SECOND HARVEST FOOD BANKNAZARETH, PACHARITABLE OPERATIONS$5k
SYNC RECOVERY FOUNDATIONREIGELSVILLE, PACHARITABLE OPERATIONS$5k
THE VELODROME FUNDBREIGENSVILLE, PACHARITABLE OPERATIONS$5k
Compare this foundation's grantees

Down 36%
from 2023

From $20k in 2023 to $13k in 2024.

$20k
2023
$13k
2024
In today's dollarsEst.
Down 38% in real terms$22k to $14k

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.

Pay for the position

Board Vice President pay rose 6% from 2023 to 2024, while revenue rose 145%.

$12k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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 VERNA O CANOVA FOUNDATION

What does the Board Vice President of VERNA O CANOVA FOUNDATION earn?

In 2024, the Board Vice President of VERNA O CANOVA FOUNDATION received $12,737 in total compensation. This pay is below the median (the midpoint) for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at VERNA O CANOVA FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Vice President at VERNA O CANOVA FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at VERNA O CANOVA FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are VERNA O CANOVA FOUNDATION's revenue and expenses?

In 2024, VERNA O CANOVA FOUNDATION reported $374k in total revenue and $350k 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.