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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Michael J & Karen B Frey Foundation

Michael J & Karen B Frey Foundation

Fiscal year ending 2024. Filed on November 12, 2025.

980 E Shady Lane
Wayzata, Minnesota 55391

Michael J & Karen B Frey Foundation (EIN: 75-3140739) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Michael J & Karen B Frey Foundation, a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$679,230

Expenses

$673,192

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David J Frey
Director
$0
Michael J Frey
President and Treasurer
$0
Karen B Frey
Secretary and Director
$0
Michael B Frey
Director
$0
Sara J Frey
Director
$0

Benchmark Employee Compensation

Revisions to this organization profile

November 12, 2025:
2024 Michael J & Karen B Frey Foundation 990 filed
November 13, 2024:
2023 Michael J & Karen B Frey Foundation 990 filed
September 27, 2023:
2022 Michael J & Karen B Frey Foundation 990 filed

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