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Filing year 2024

Women's Foundation of Minnesota

Minneapolis, Minnesota·EIN 41-1635761·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$9.1M
Total assets
$39.4M
Total expenses
$8.6M
Reported officers
29
Mission

Women's Foundation of Minnesota is a statewide community foundation investing in ending systemic inequities and driving innovation for gender and racial justice. WFM applies an Intersectional Equity Framework inclusive of gender, race, place, and additional identities (ethnicity, sovereignty, socioeconomic class, age, disability, LGBTQ+, immigration status) to our research, grantmaking, public policy agenda, and internal work. WFMN maintains the diversity of multiracial and cultural perspectives in the service of its mission, governance, operations and processes.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

President and CEO
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Minnesota
$300k
$320k
Base
$262k
Bonus
$5k
Other
$980
Benefits
$19k
VP Finance and Operations
Vice President
75th to 90th percentile
$216k
$230k
Base
$191k
Bonus
Other
$228
Benefits
$11k
VP of Advancement
Board Vice President
75th to 90th percentile
$176k
$188k
Base
$151k
Bonus
Other
$228
Benefits
$20k
VP Community Impact
Board Vice President
75th to 90th percentile
$161k
$172k
Base
$141k
Bonus
Other
$194
Benefits
$11k
VP of Innovation & Strategic Comms
Board Vice President
75th to 90th percentile
$154k
$164k
Base
$129k
Bonus
Other
$203
Benefits
$18k
Director Communications
Director (Operational)
Median to 75th percentile
$144k
$153k
Director of Finance & Technology
Median to 75th percentile
$136k
$145k

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 22 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Women's Foundation of Minnesota 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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $299k in 2023 to $300k in 2024.

$299k
2023
$300k
2024
In today's dollarsEst.
Down 2% in real terms$327k to $320k

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

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 19%.

$299k in 2023 to $300k in 2024.
  • Vice President pay fell 3% from 2023 to 2024.
  • Board Vice President pay rose 6% from 2023 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Women's Foundation of Minnesota

What does the Chief Executive Officer of Women's Foundation of Minnesota earn?

In 2024, the Chief Executive Officer of Women's Foundation of Minnesota received $299,857 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Women's Foundation of Minnesota compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at Women's Foundation of Minnesota falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Women's Foundation of Minnesota equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Women's Foundation of Minnesota's revenue and expenses?

In 2024, Women's Foundation of Minnesota reported $9.1M in total revenue and $8.6M in total expenses on its IRS Form 990.

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