Compensation 990

The Minneapolis Foundation

Fiscal year ending 2024. Filed on January 28, 2025.

800 Ids Center 80 S Eighth St
16509
Minneapolis, Minnesota 55402

The Minneapolis Foundation (EIN: 41-6029402) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, The Minneapolis Foundation, a 501(c)(3) charitable organization, reported compensation for 10 out of 64 total employees. Among the employees shown here, the average compensation is $277,802. The highest compensated employee at The Minneapolis Foundation is Rt Rybak with fiscal year 2024 compensation of $514,994.

Revenue, expenses, and employee compensation

Revenue

$146,901,684

Expenses

$134,196,439

Employee compensation

$8,989,500
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rt Rybak
President and Chief Executive Officer
$514,994
$419,207 from orgNo related comp$95,787 other
Christopher Beach
Senior Vice President, Philanthropic Services
$356,047
$272,576 from orgNo related comp$83,471 other
William Sternberg
Director, Business Development and Philanthropic ADV
$277,332
$203,779 from orgNo related comp$73,553 other
Greg Wenz
Chief Financial Officer
$258,152
$220,988 from orgNo related comp$37,164 other
Milpha Blamo
Vice President Talent and Culture
$249,417
$178,831 from orgNo related comp$70,586 other
Jo-Anne Stately
Senior Vice President of Impact
$241,175
$191,696 from orgNo related comp$49,479 other
Patrice Relerford
Vice President of Collective Impact and Giving
$232,252
$190,964 from orgNo related comp$41,288 other
Michelle Benson
Vice President, Marketing and Communications
$223,431
$171,002 from orgNo related comp$52,429 other
Chanda Smith Baker
Chief Impact Officer JUNE 2023
$213,173
$166,147 from orgNo related comp$47,026 other
Colleen Hase
Vice President Technology and Enterprise RISK MANA
$212,044
$187,701 from orgNo related comp$24,343 other

Non-Employee Board Members

Alex Ware
Trustee
Becky O'Grady
Trustee
Bill Graves
Trustee
Christina le
Trustee
Colette Campbell
Trustee
Daniel Moreno
Trustee
Jazz Hampton
Trustee
John Taft
Chair
Judy Halper
Trustee
Julie Baker
Vice Chair
Kathleen MacLennan
Trustee
Khadija Ali
Trustee

Contractors

Peregrine Capital Management
Investment Management
$357,247
Silchester International Advisors
Investment Management
$352,809
Kalcon LLC
Main Street Development
$351,517
Wipfli LLP
Accounting
$328,525
Nepc LLC
Investment Consulting
$295,428

Mission Statement

THE FOUNDATION CULTIVATES GENEROSITY BY TAKING ACTION ON THE GREATEST CIVIC, SOCIAL, AND ECONOMIC NEEDS PARTNERING WITH NONPROFITS, FACILITATING GRANTMAKING, DRIVING RESEARCH AND ADVOCACY, AND PROVIDING SERVICES TO DONORS SEEKING TO MAKE A DIFFERENCE IN THEIR COMMUNITIES.

Other organizations also named The Minneapolis Foundation

Mount Carmel Church IN Minneapolis Foundation
Minneapolis, Minnesota

Revisions to this organization profile

November 25, 2025:
2025 The Minneapolis Foundation 990 filed
January 28, 2025:
2024 The Minneapolis Foundation 990 filed
December 21, 2023:
2023 The Minneapolis Foundation 990 filed

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