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The Minneapolis Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416029402 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is The Minneapolis Foundation?

The Minneapolis Foundation is a nonprofit organization dedicated to fostering community well-being and vibrancy through collective action. With a belief that each citizen's welfare is interconnected, the foundation drives impact by partnering with nonprofits, facilitating grantmaking, conducting research and advocacy, and providing donor services. Their mission is to cultivate generosity and address the greatest civic, social, and economic needs in their communities.


Official website here: www.minneapolisfoundation.org

Is The Minneapolis Foundation legitimate?

The Minneapolis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Minneapolis Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,363,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,615,372

For more financial information, click here


Official website here: www.minneapolisfoundation.org

What is the mission statement of The Minneapolis Foundation?

The Minneapolis Foundation is dedicated to fostering collective action and addressing the greatest civic, social, and economic needs. They partner with nonprofits, facilitate grantmaking, drive research and advocacy, and provide services to donors seeking to make a difference in their communities. The organization recognizes the interconnectedness of each individual's well-being and believes that the strength of any community is determined by the quality of its relationships.


Official website here: www.minneapolisfoundation.org

Who is the CEO of The Minneapolis Foundation?

Gregory Wenz is the Board Chair of The Minneapolis Foundation. The CEO's salary of The Minneapolis Foundation is $405,419 and their total compensation is $470,504.


Official website here: www.minneapolisfoundation.org

What is the revenue of The Minneapolis Foundation?

The Minneapolis Foundation's revenue in 2023 was $115,302,787.


Official website here: www.minneapolisfoundation.org

Who are the executives of The Minneapolis Foundation and what are their salaries?

The average compensation at The Minneapolis Foundation during 2023 was $102,634. There are 68 employees and 35 volunteers at The Minneapolis Foundation.

Here are 41 key members and their salaries (The Minneapolis Foundation's CEO's salary is $405,419 and their total compensation is $470,504):

    Rt Rybak (President & Ceo)
  • Compensation: $405,419
  • Related: $0
  • Other: $65,085

    • Chanda Baker (Chief Impact Officer)
  • Compensation: $272,602
  • Related: $0
  • Other: $60,912

    • Christopher Beach (Senior Vice President)
  • Compensation: $261,802
  • Related: $0
  • Other: $58,669

    • William Sternberg (Director, Business Development)
  • Compensation: $195,096
  • Related: $0
  • Other: $56,968

    • Jean Adams (Former Senior Vice President)
  • Compensation: $186,437
  • Related: $0
  • Other: $45,532

    • Greg Wenz (Cfo)
  • Compensation: $211,920
  • Related: $0
  • Other: $18,602

    • Milpha Blamo (Vp, Talent & Culture)
  • Compensation: $170,014
  • Related: $0
  • Other: $53,955

    • Michelle Benson (Vp, Marketing & Communication)
  • Compensation: $159,480
  • Related: $0
  • Other: $44,370

    • Jo-Anne Stately (Senior Director, Impact Strategies)
  • Compensation: $153,252
  • Related: $0
  • Other: $28,444

    • Patrice Relerford (Senior Director, Impact & Collective)
  • Compensation: $153,123
  • Related: $0
  • Other: $22,834

    • Margie Soran (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Taft (Board Vice Chair/Investmen) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Erickson (Treasurer/Finance Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Maclennan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Khadija Ali (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Baker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paurvi Bhatt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurice Blanks (Audit Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelsey Tyler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colette Campbell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Fisher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Graves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Grove (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Halper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tonya Hampton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Howell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Lamberty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Moreno (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Simenstad (Investment Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Pack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leni Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky O'Grady (Advancement Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Page (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Pangerl (Marketing & Communications) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauri Roberts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Pierce (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Pierce (Impact Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Reyelts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rodriguez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Rodriguez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raj Shah (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.minneapolisfoundation.org

    Where can I find the form 990 for The Minneapolis Foundation?

    The The Minneapolis Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.minneapolisfoundation.org

    Learn more at the official website: www.minneapolisfoundation.org

    Mission Statement of The Minneapolis Foundation

    The Minneapolis Foundation, a leading nonprofit organization, is dedicated to fostering collective action and addressing the greatest civic, social, and economic needs in communities. With a belief that every citizen's well-being is interconnected, the foundation focuses on cultivating generosity and taking tangible steps to enhance community vitality.

    The Minneapolis Foundation is a dynamic force in the nonprofit sector, partnering with organizations to drive impactful initiatives. By facilitating grantmaking, the foundation supports a diverse range of nonprofits in their missions. Moreover, the organization conducts research and advocacy efforts to bring about systemic change. In addition, The Minneapolis Foundation offers services to donors seeking to make a difference in their communities.

    In pursuit of its mission, The Minneapolis Foundation recognizes the importance of strong relationships within a community. Through its collaborative approach, the organization aims to create a ripple effect of positive change, with each improvement contributing to the overall well-being of the community. By investing in relationships and fostering a culture of generosity, The Minneapolis Foundation plays a crucial role in driving vibrant and resilient communities.

    Impact

    This information is meant to be a general summary of The Minneapolis Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Minneapolis Foundation drives collective action to create strong and vibrant communities by partnering with organizations, facilitating grantmaking, conducting research and advocacy, and supporting donors who seek to make a difference. Its mission is to cultivate generosity and address the greatest civic, social, and economic needs in Minneapolis, MN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19,200,778
  • Program Service Revenue: $951,337
  • Gross Receipts: $264,620,090

    • Assets and Liabilities:
  • Total Assets: $1,039,176,403
  • Total Liabilities: $65,370,320
  • Net Assets: $973,806,083
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $951,337

    Organization Details

    Founding Year

    1915

    Principal Officer

    Gregory Wenz

    Main Address

    800 IDS CENTER 80 S EIGHTH ST, MINNEAPOLIS, MN, 55402

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Minneapolis Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.