Saint Paul & Minnesota Foundation
St Paul, MN · EIN 41-6031510 · Philanthropy and grantmaking · Rank 2,891 by total revenue
We inspire, advocate and invest to advance community visions.
Money, Form 990 for tax year 2025
- Total revenue
- $210,840,402
- Total expenses
- $139,909,503
- Total assets
- $1,673,986,347
- Salary base (all salaries and wages)
- $10,285,778
- Salaries, other pay and benefits
- $12,333,808
- Employees
- 85
- Salary base per employee
- $121,009
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (27)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Eric Jolly | PREVIOUS PRESIDENT/CEO/SECRETARY | Officer | 40 | $990,863 |
| Scott Zastoupil | CFO/TREASURER | Officer | 40 | $368,097 |
| Chanda Smith Baker | PRESIDENT & CEO | Officer | 40 | $205,055 |
| Joseph Lee | BOARD CHAIR | Board, Officer | 1 | None reported |
| Nancy Lyons | VICE CHAIR | Board, Officer | 1 | None reported |
| Shannon Oleary | CHIEF INVESTMENT OFFICER | Key employee | 40 | $608,974 |
| Jeremy Wells | SVP PHILANTHROPIC SERVICES | Key employee | 40 | $361,133 |
| Melanie Hoffert | CHIEF MARKETING OFFICER | Key employee | 40 | $277,792 |
| Rhonda Cox | VP OF PEOPLE AND CULTURE | Key employee | 40 | $266,591 |
| Alfonso Wenker | SVP OF COMMUNITY IMPACT | Key employee | 40 | $250,401 |
| Michael Echols | DIRECTOR | Board | 1 | None reported |
| Jill Farrington | DIRECTOR | Board | 1 | None reported |
| Chris Galvin | DIRECTOR | Board | 1 | None reported |
| Jacy Grais | DIRECTOR | Board | 1 | None reported |
| Mark Henneman | DIRECTOR | Board | 1 | None reported |
| Nausheena Hussain | DIRECTOR | Board | 1 | None reported |
| Christophe Beck | DIRECTOR | Board | 1 | None reported |
| Daniel Lemm | DIRECTOR | Board | 1 | None reported |
| Gloria Perez | DIRECTOR | Board | 1 | None reported |
| Richard Senese | DIRECTOR | Board | 1 | None reported |
| Alex West Steinman | DIRECTOR | Board | 1 | None reported |
| Kathy Tunheim | DIRECTOR | Board | 1 | None reported |
| Bo Thao-Urabe | DIRECTOR | Board | 1 | None reported |
| Allison Gettings | DIRECTOR | Board | 1 | None reported |
| Christine Marvin | DIRECTOR | Board | 1 | None reported |
| Diane Tran | DIRECTOR | Board | 1 | None reported |
| Thompson Aderinkomi | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $4,003,188, which is 38.9% of the $10,285,778 salary base shared by 85 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Eric Jolly | PREVIOUS PRESIDENT/CEO/SECRETARY | Officer | 40 | $943,969 | $0 | $46,894 | $990,863 |
| Shannon Oleary | CHIEF INVESTMENT OFFICER | Key employee | 40 | $573,806 | $0 | $35,168 | $608,974 |
| Ashley Gam | DIRECTOR OF INVESTMENTS | Highly paid employee | 40 | $359,377 | $0 | $55,390 | $414,767 |
| Scott Zastoupil | CFO/TREASURER | Officer | 40 | $316,926 | $0 | $51,171 | $368,097 |
| Jeremy Wells | SVP PHILANTHROPIC SERVICES | Key employee | 40 | $305,077 | $0 | $56,056 | $361,133 |
| Melanie Hoffert | CHIEF MARKETING OFFICER | Key employee | 40 | $242,127 | $0 | $35,665 | $277,792 |
| Rhonda Cox | VP OF PEOPLE AND CULTURE | Key employee | 40 | $225,160 | $0 | $41,431 | $266,591 |
| Alfonso Wenker | SVP OF COMMUNITY IMPACT | Key employee | 40 | $219,633 | $0 | $30,768 | $250,401 |
| Carrie Jo Short | DIR OF COMMUNITY & IMPACT | Highly paid employee | 40 | $209,930 | $0 | $29,596 | $239,526 |
| Casey Shultz | DIR OF COMMUNITY & IMPACT | Highly paid employee | 40 | $192,105 | $0 | $32,939 | $225,044 |
Sources
- IRS e-file return 202602399349301030 (Form 990, period ending 2025-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 41-6031510
- Organization website (as filed): www.spmcf.org