The Hormel Foundation

Philanthropy organization based in Austin, MN. 3 employees. Exempt under §501(c)(3).

MissionIs operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Supported Organizations.

EIN
41-0694716
State
MN
Sector
Philanthropy
Budget band
$25M–$50M
Latest filing
TY 2021
Records
1 officers · 3 years

Financial snapshot · TY 2021

$34.4M
Total revenue
$28.6M
Total expenses
$1.5B
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
385.6 months of expenses
Program efficiency
100
97.2% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

R G Gentzler
Treasurer
$85,950

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The Hormel Foundation Executive Compensation | 990 Data | DoubleNine