The Eagan Foundation Incorporated FY2023 filing
Funds and supports community projects and collaborative action to address local needs. For fiscal year 2023 it reported $1.4M in revenue, $223K in expenses, and $1.3M in net assets.Pt I
- Founded
- 1990
- Type
- Public charity (501(c)(3)) · Education
- Location
- Eagan, MN
- Website
- www.eaganfoundation.org
- Filings
- 5 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jamie Hopkins’s $47K as Executive Di is at the 6th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Jamie Hopkins | $47,440 | $45,124 | $35,392 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Scholarships
In 2023, the eagan community foundation distributed 118 scholarship awards totalling 136,165 for graduating seniors of the eagan area. The eagan foundation awards scholarships to graduating seniors living in eagan or attending eagan high school. Scholarships are awarded based on academic merit, financial need and other requirements.
Community Grants
Due to lapses in fundraising events during the pandemic, the foundation's community grants program was in ""replensihment mode."" this year, the eagan foundation awarded 3,100 in direct grants and grants through the donor advised fund program. Since 1990, over 200,000 has been given in grant awards from the eagan foundation.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 89% | — | — |
| Overhead ratio | 9% | — | — |
| Fundraising cost ratio | 0.4% | — | — |
| Revenue growth | 522% | — | — |
| Investment management fee ratio | 0.06% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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