Non-Profit Spending Reports

Anne Ray Foundation

Eden Prairie, MN · EIN 47-1036008 · Philanthropy and grantmaking · Rank 3,748 by total revenue

Charitable grantmaking to some or all designated supported organizations.

Money, Form 990 for tax year 2024

Total revenue
$153,086,190
Total expenses
$172,815,860
Total assets
$4,971,009,688
Salary base (all salaries and wages)
$18,033,884
Salaries, other pay and benefits
$22,983,549
Employees
not reported

"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 (10)

NameTitleRole Hours/weekTotal pay
Heather KuklaPRESIDENTOfficer 50 $1,078,057
Naomi HorsagerTREASURER/CFOOfficer 50 $772,259
Elizabeth BorerSECRETARY/GEN COUNSELOfficer 50 $524,933
Shawn WischmeierCHIEF INVESTMENT OFFICERKey employee 50 $3,015,559
Kurian ThomasVP OF PROGRAMSKey employee 50 $567,214
Christine MorseBOARD CHAIRBoard 11 $188,900
Paul BuschDIRECTORBoard 6 $119,000
Win NeugerDIRECTORBoard 6 $117,800
Right Reverend John ChaneDIRECTORBoard 6 $113,100
Stuart TobismanDIRECTORBoard 4 None reported

Top 10 paid people listed

These 10 people received $13,180,058, which is 73.1% of the $18,033,884 salary base.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Shawn WischmeierCHIEF INVESTMENT OFFICERKey employee 50 $0$2,600,920 $414,639$3,015,559
Michael RuetzDEPUTY CIO/INVESTMENT DIR.Highly paid employee 50 $0$1,469,321 $257,990$1,727,311
Rodney OvercashINVESTMENT DIRECTORHighly paid employee 50 $0$1,186,225 $202,454$1,388,679
Christopher VogtINVESTMENT DIRECTORHighly paid employee 50 $0$1,156,794 $217,505$1,374,299
Matthew MinnisINVESTMENT DIRECTORHighly paid employee 50 $0$1,169,575 $202,224$1,371,799
Tricia ScrivnerINVESTMENT DIRECTORHighly paid employee 50 $0$1,158,163 $201,785$1,359,948
Heather KuklaPRESIDENTOfficer 50 $0$897,649 $180,408$1,078,057
Naomi HorsagerTREASURER/CFOOfficer 50 $0$631,982 $140,277$772,259
Kurian ThomasVP OF PROGRAMSKey employee 50 $0$444,239 $122,975$567,214
Elizabeth BorerSECRETARY/GEN COUNSELOfficer 50 $0$424,774 $100,159$524,933

Sources