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Nonprofiteer
← MINNEAPOLIS FOUNDATION

Form 990 for tax year 2022

Filed by MINNEAPOLIS FOUNDATION.

Totals

Total revenue
$115,302,787
Total expenses
$122,536,152
Contributions and grants received
$94,865,957
Grants paid
$97,997,911
Program services expenses (Part IX)
$114,391,253
Management and general expenses
$5,731,505
Fundraising expenses
$2,413,394
Program service expenses (Part III)
$114,391,253

Program services were 93.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARGIE SORAN

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    4.5

  • JOHN TAFT

    BOARD VICE CHAIR/INVESTMEN

    Total calculated
    $0
    Hours/week
    4.5

  • SCOTT ERICKSON

    TREASURER/FINANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    1.5

  • KATHLEEN MACLENNAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • KHADIJA ALI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JULIE BAKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAURVI BHATT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MAURICE BLANKS

    AUDIT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • KELSEY TYLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • COLETTE CAMPBELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TOM FISHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BILL GRAVES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARY GROVE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • JUDY HALPER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TONYA HAMPTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • RICHARD HOWELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EMILY LAMBERTY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAN MORENO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARK SIMENSTAD

    INVESTMENT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • TOM PACK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LENI MOORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BECKY O'GRADY

    ADVANCEMENT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • MARCIA PAGE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LIZ PANGERL

    MARKETING & COMMUNICATIONS

    Total calculated
    $0
    Hours/week
    2

  • LAURI ROBERTS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEPHANIE PIERCE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHARON PIERCE

    IMPACT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • PAUL REYELTS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL RODRIGUEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MEG RODRIGUEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • RAJ SHAH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RT RYBAK

    PRESIDENT & CEO

    Total calculated
    $470,504
    From this org
    $405,419
    From related orgs
    $0
    Other
    $65,085
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $398,437
    Bonus
    $5,000
    Other
    $1,982
    Deferred
    $24,400
    Nontaxable benefits
    $40,685
    Filer's total
    $470,504

  • GREG WENZ

    CFO

    Total calculated
    $230,522
    From this org
    $211,920
    From related orgs
    $0
    Other
    $18,602
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $205,282
    Bonus
    $5,000
    Other
    $1,638
    Deferred
    $16,870
    Nontaxable benefits
    $1,732
    Filer's total
    $230,522

  • CHANDA BAKER

    CHIEF IMPACT OFFICER

    Total calculated
    $333,514
    From this org
    $272,602
    From related orgs
    $0
    Other
    $60,912
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $265,620
    Bonus
    $5,000
    Other
    $1,982
    Deferred
    $22,678
    Nontaxable benefits
    $38,234
    Filer's total
    $333,514

  • CHRISTOPHER BEACH

    SENIOR VICE PRESIDENT

    Total calculated
    $320,471
    From this org
    $261,802
    From related orgs
    $0
    Other
    $58,669
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $254,820
    Bonus
    $5,000
    Other
    $1,982
    Deferred
    $22,242
    Nontaxable benefits
    $36,427
    Filer's total
    $320,471

  • WILLIAM STERNBERG

    DIRECTOR, BUSINESS DEVELOPMENT

    Total calculated
    $252,064
    From this org
    $195,096
    From related orgs
    $0
    Other
    $56,968
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $187,458
    Bonus
    $6,000
    Other
    $1,638
    Deferred
    $16,398
    Nontaxable benefits
    $40,570
    Filer's total
    $252,064

  • MILPHA BLAMO

    VP, TALENT & CULTURE

    Total calculated
    $223,969
    From this org
    $170,014
    From related orgs
    $0
    Other
    $53,955
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $162,140
    Bonus
    $6,000
    Other
    $1,874
    Deferred
    $14,480
    Nontaxable benefits
    $39,475
    Filer's total
    $223,969

  • MICHELLE BENSON

    VP, MARKETING & COMMUNICATION

    Total calculated
    $203,850
    From this org
    $159,480
    From related orgs
    $0
    Other
    $44,370
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $155,651
    Bonus
    $2,000
    Other
    $1,829
    Deferred
    $13,336
    Nontaxable benefits
    $31,034
    Filer's total
    $203,850

  • JO-ANNE STATELY

    SENIOR DIRECTOR, IMPACT STRATEGIES

    Total calculated
    $181,696
    From this org
    $153,252
    From related orgs
    $0
    Other
    $28,444
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $141,614
    Bonus
    $10,000
    Other
    $1,638
    Deferred
    $12,269
    Nontaxable benefits
    $16,175
    Filer's total
    $181,696

  • PATRICE RELERFORD

    SENIOR DIRECTOR, IMPACT & COLLECTIVE

    Total calculated
    $175,957
    From this org
    $153,123
    From related orgs
    $0
    Other
    $22,834
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $150,485
    Bonus
    $1,000
    Other
    $1,638
    Deferred
    $12,379
    Nontaxable benefits
    $10,455
    Filer's total
    $175,957

  • JEAN ADAMS

    FORMER SENIOR VICE PRESIDENT

    Total calculated
    $231,969
    From this org
    $186,437
    From related orgs
    $0
    Other
    $45,532
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $186,437
    Bonus
    $0
    Other
    $0
    Deferred
    $14,915
    Nontaxable benefits
    $30,617
    Filer's total
    $231,969

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
HEALTH/SOCIAL CLUB OR INITIATION FEES WERE PAID ON BEHALF OF R.T. RYBAK, CHANDA SMITH BAKER, AND CHRISTOPHER BEACH IN THE AMOUNTS OF $4,733, $4,792 AND $4,406 RESPECTIVELY. THESE AMOUNTS WERE NOT INCLUDED IN THEIR 2022 TAXABLE COMPENSATION AS THEY WERE FOR BUSINESS PURPOSES ONLY AND THEREFORE CONSTITUTE A NON-TAXABLE WORKING CONDITION FRINGE.
PART I, LINE 3
THE ORGANIZATION USES A COMPENSATION COMMITTEE AND OTHER COMPARABLE COMPENSATION DATA TO DETERMINE COMPENSATION RECOMMENDATIONS.
PART I, LINE 4A
JEAN ADAMS, FORMER SENIOR VICE PRESIDENT OF STRATEGY & COO, RECEIVED A SEVERANCE PAYMENT FOR $186,437.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
12 December 2023
IRS schema version
2022v5.0
Source object
202323559349300512

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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