Nonprofit · EIN 47-1036008
ANNE RAY FOUNDATION
Tax-exempt · EDEN PRAIRIE, MN 55344
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $153,086,190 | $172,815,860 | -$19,729,670 | $4,971,009,688 | $138,129,679 | $4,832,880,009 |
| December 31, 2023 | 990 | $198,443,957 | $254,702,109 | -$56,258,152 | $4,867,708,785 | $170,466,389 | $4,697,242,396 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $91,177,950
- Net gain from sales of assets
- -$9,597,266
- Other revenue
- $61,908,240
Expenses
- Grants and similar amounts paid
- $130,904,235
- Compensation of officers, directors and key employees
- $4,145,735
- Other salaries and wages
- $13,888,149
- Salaries, compensation and benefits (total)
- $22,983,549
- Professional fundraising fees
- $0
- Legal fees
- $938,784
- Accounting fees
- $297,230
- Occupancy
- $2,040,507
- Travel
- $728,558
- Program services (functional)
- $150,481,273
- Management and general (functional)
- $22,334,587
Balance sheet and other
- Total assets, start of year
- $4,867,708,785
- Total assets, end of year
- $4,971,009,688
- Total liabilities, end of year
- $138,129,679
- Net assets, end of year
- $4,832,880,009
- Publicly traded securities
- $582,966,506
- Net assets without donor restrictions
- $4,832,880,009
- Gross unrelated business income
- -$2,696,266
- Gross receipts
- $3,003,286,370
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAWN WISCHMEIER | CHIEF INVESTMENT OFFICER Key employee | 50 | $0 | $2,600,920 | $414,639 |
| MICHAEL RUETZ | DEPUTY CIO/INVESTMENT DIR. Highest-paid employee | 50 | $0 | $1,469,321 | $257,990 |
| RODNEY OVERCASH | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $1,186,225 | $202,454 |
| CHRISTOPHER VOGT | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $1,156,794 | $217,505 |
| MATTHEW MINNIS | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $1,169,575 | $202,224 |
| TRICIA SCRIVNER | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $1,158,163 | $201,785 |
| HEATHER KUKLA | PRESIDENT Officer | 50 | $0 | $897,649 | $180,408 |
| NAOMI HORSAGER | TREASURER/CFO Officer | 50 | $0 | $631,982 | $140,277 |
| KURIAN THOMAS | VP OF PROGRAMS Key employee | 50 | $0 | $444,239 | $122,975 |
| ELIZABETH BORER | SECRETARY/GEN COUNSEL Officer | 50 | $0 | $424,774 | $100,159 |
| CHRISTINE MORSE | BOARD CHAIR Trustee or director | 11 | $83,620 | $105,280 | $0 |
| PAUL BUSCH | DIRECTOR Trustee or director | 6 | $55,000 | $64,000 | $0 |
| WIN NEUGER | DIRECTOR Trustee or director | 6 | $54,100 | $63,700 | $0 |
| RIGHT REVEREND JOHN CHANE | DIRECTOR Trustee or director | 6 | $60,750 | $52,350 | $0 |
| STUART TOBISMAN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAWN WISCHMEIER | CHIEF INVESTMENT OFFICER Key employee | 50 | $0 | $2,065,277 | $328,133 |
| MICHAEL RUETZ | DEPUTY CIO/INVESTMENT DIR. Highest-paid employee | 50 | $0 | $1,152,158 | $205,773 |
| RODNEY OVERCASH | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $990,561 | $180,953 |
| MATTHEW MINNIS | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $934,905 | $162,693 |
| CHRISTOPHER VOGT | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $919,493 | $174,770 |
| PAUL BUSCH | PRES/CEO EMER. THRU 8/31; DIR. Trustee or director, Officer | 33 | $14,350 | $918,914 | $136,974 |
| TRICIA SCRIVNER | INVESTMENT DIRECTOR Highest-paid employee | 50 | $0 | $894,673 | $154,651 |
| HEATHER KUKLA | SEC/GC THRU 3/31; PRES. EFF. 4/1 Officer | 50 | $0 | $805,020 | $159,485 |
| NAOMI HORSAGER | TREASURER/CFO Officer | 50 | $0 | $621,411 | $132,470 |
| KURIAN THOMAS | VP OF PROGRAMS Key employee | 50 | $0 | $444,839 | $117,462 |
| ELIZABETH BORER | SECRETARY/GEN COUNSEL EFF. 4/1 Officer | 50 | $0 | $357,610 | $85,624 |
| CHRISTINE MORSE | BOARD CHAIR Trustee or director | 10 | $76,750 | $81,250 | $0 |
| RIGHT REVEREND JOHN CHANE | DIRECTOR Trustee or director | 8 | $56,250 | $55,650 | $0 |
| WIN NEUGER | DIRECTOR Trustee or director | 6 | $49,300 | $54,100 | $0 |
| STUART TOBISMAN | DIRECTOR Trustee or director | 7 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6889 ROWLAND RD, EDEN PRAIRIE, MN 55344-3209
- In care of
- % NAOMI HORSAGER
- Principal officer (990 for 2024)
- HEATHER KUKLA, 6889 ROWLAND ROAD, EDEN PRAIRIE, MN 55344
- Signed the 990
- NAOMI HORSAGER, CFO
- Phone
- (952) 540-4053
- Website
- WWW.MACPHILANTHROPIES.ORG
- Return prepared by
- DELOITTE TAX LLP
Mission
PROVIDE MEANINGFUL SUPPORT TO SOME OR ALL DESIGNATED SUPPORTED ORGANIZATIONS TO MAKE A MEASURABLE AND SUSTAINABLE DIFFERENCE ON OUR SHARED PRIORITY PROBLEMS.
Program accomplishments
- SEE SCHEDULE OOUR GRANTMAKING REFLECTS OUR MISSION, VALUES, AND OUR DONOR'S GUIDING PRINCIPLES.WE SUPPORT THE WORK OF OUR DESIGNATED SUPPORTED ORGANIZATIONS IN COMMUNITIES ACROSS SEVEN PROGRAM AREAS REFERRED TO AS DOMAINS. THE DOMAINS ARE: - ANIMAL WELFARE: WE FOCUS ON THE WELLBEING OF DOMESTIC ANIMALS AND INJURED WILD ANIMALS, AND WAYS TO INCREASE EMPATHY TOWARD ANIMALS AMONG CHILDREN AND ADULTS.- ARTS & CULTURES: WE HELP SUPPORT FOLK ARTS, NATIVE AMERICAN ART, MUSIC, TACTILE ART, AND ARTISTICALLY SIGNIFICANT CRAFTS THAT FOSTER HUMAN CREATIVITY.- DISASTER RELIEF & RECOVERY: WE SUPPORT WORK IN NATURAL DISASTER PREPAREDNESS, RELIEF, AND RECOVERY WITH EMPHASIS ON COMMUNITIES PRONE TO LOW-ATTENTION DISASTERS. - ENVIRONMENT: WE SUPPORT THE CONSERVATION OF NATURAL RESOURCES AND PROTECTION OF NATURAL HABITATS. - LEGACY & OPPORTUNITY: WE PROVIDE FUNDING FOR OPPORTUNITIES AND GEOGRAPHIES THAT WERE IMPORTANT TO OUR DONOR, MARGARET CARGILL, AND ARE ALIGNED WITH OUR STRATEGIC PRIORITIES.- QUALITY OF LIFE: WE SUPPORT CHILDREN, YOUNG ADULTS, FAMILIES, AND OLDER ADULTS THROUGHOUT LIFE'S JOURNEY.- TEACHERS & STUDENTS: WE SUPPORT THE TEACHING PROFESSION AND STUDENT SUCCESS.DURING 2024 ANNE RAY FOUNDATION MADE GRANTS TO DESIGNATED SUPPORTED ORGANIZATIONS FOR A VARIETY OF PROGRAMS AS DETAILED ON SCHEDULE I, PART II. GRANTS REPORTED AT SCHEDULE I REFLECT CASH GRANT PAYMENTS DURING THE YEAR. GRANT EXPENSE AS REPORTED ON PART IX OF THE FORM 990 REPORTS EXPENSE UNDER ACCRUAL BASIS ACCOUNTING RULES.Expenses $150,481,273 · grants $130,904,235
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1036008
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III non-functionally integrated
- Donations deductible (Pub 78)
- Non-functionally integrated Type III supporting organization
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $4,971,009,688
- Income (IRS master file)
- $3,003,286,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $153,086,190 | $172,815,860 | $4,971,009,688 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $198,443,957 | $254,702,109 | $4,867,708,785 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | -$82,596,152 | $182,387,086 | $4,754,280,284 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about ANNE RAY FOUNDATION
- What is the EIN of ANNE RAY FOUNDATION?
- The employer identification number (EIN) of ANNE RAY FOUNDATION is 47-1036008.
- Is ANNE RAY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ANNE RAY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Non-functionally integrated Type III supporting organization).
- Which annual return does ANNE RAY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ANNE RAY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ANNE RAY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ANNE RAY FOUNDATION?
- The 990 for the year ended December 31, 2024 names HEATHER KUKLA.
- Who are the officers and directors of ANNE RAY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 15 people; 4 received compensation from the organization.
- How much revenue does ANNE RAY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $153,086,190, expenses of $172,815,860 and total assets of $4,971,009,688 at year end.
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All nonprofits in EDEN PRAIRIE · Minnesota · Philanthropy, voluntarism and grantmaking foundations