Saint Paul & Minnesota Foundation CEO salary and executive pay
Saint Paul & Minnesota Foundation paid its CEO, Chanda Smith Baker, $205,055 for the fiscal year ending December 2025. On the return for the fiscal year ending December 2024, the CEO was Eric Jolly, paid $805,411. Total revenue on that return was $210,840,402, up 31.0% from $160,961,315 for the fiscal year ending December 2024. Saint Paul & Minnesota Foundation ranks 18th of 18 foundations and grantmakers on this site by CEO pay. Saint Paul & Minnesota Foundation has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 41-6031510, St Paul, MN.
CEO, fiscal year ending December 2025
$205,055
Highest-paid person, fiscal year ending December 2025
$990,863Eric JollyPREVIOUS PRESIDENT/CEO/SECRETARY
- Total revenue
- $210,840,402
- CEO pay vs. peers
- Higher than 5%
Source: Form 990, fiscal year ending December 2025, IRS object ID 202602399349301030.View the filing
Peers: the 207 other organizations on this site with revenue of $50 million to $500 million. Ranked 197th of 208 by top pay as a share of revenue. Pay is 0.10% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 2 people were paid more than $500,000, none of them more than $1 million.
| Name and title | Total |
|---|---|
| Eric JollyPREVIOUS PRESIDENT/CEO/SECRETARY | $990,863 |
| Shannon OlearyCHIEF INVESTMENT OFFICER | $608,974 |
| Ashley GamDIRECTOR OF INVESTMENTS | $414,767 |
| Scott ZastoupilCFO/TREASURER | $368,097 |
| Jeremy WellsSVP PHILANTHROPIC SERVICES | $361,133 |
Also paid on the latest return: Melanie Hoffert (CHIEF MARKETING OFFICER), $277,792; Rhonda Cox (VP OF PEOPLE AND CULTURE), $266,591; Alfonso Wenker (SVP OF COMMUNITY IMPACT), $250,401; Carrie Jo Short (DIR OF COMMUNITY & IMPACT), $239,526; Casey Shultz (DIR OF COMMUNITY & IMPACT), $225,044; Mai-Anh Tran (AVP OF PHILANTHROPIC SERVICES), $224,326; Chanda Smith Baker (PRESIDENT & CEO), $205,055; Tsega Tamene (AVP OF COMMUNITY IMPACT), $201,971.
Also listed in Part VII of the latest return, with no pay reported: Joseph Lee (BOARD CHAIR), Nancy Lyons (VICE CHAIR), Michael Echols (DIRECTOR), Jill Farrington (DIRECTOR), Chris Galvin (DIRECTOR), Jacy Grais (DIRECTOR), Mark Henneman (DIRECTOR), Nausheena Hussain (DIRECTOR), Christophe Beck (DIRECTOR), Daniel Lemm (DIRECTOR), Gloria Perez (DIRECTOR), Richard Senese (DIRECTOR), Alex West Steinman (DIRECTOR), Kathy Tunheim (DIRECTOR), Bo Thao-Urabe (DIRECTOR), Allison Gettings (DIRECTOR), Christine Marvin (DIRECTOR), Diane Tran (DIRECTOR), Thompson Aderinkomi (DIRECTOR).
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Dec 2025 | Chanda Smith Baker CEO PRESIDENT & CEO | $205,055 | $210,840,402 | Filing |
| Dec 2024 | Eric Jolly CEO PRESIDENT/CEO/SECRETARY | $805,411 | $160,961,315 | Filing |
| Dec 2023 | Eric Jolly CEO PRESIDENT AND SECRETARY | $759,578 | $114,417,024 | Filing |
| Dec 2022 | Eric Jolly CEO PRESIDENT AND SECRETARY | $695,879 | $122,971,818 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending December 2025.
Source: Form 990, fiscal year ending December 2025, IRS object ID 202602399349301030.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Eric JollyPREVIOUS PRESIDENT/CEO/SECRETARY | $943,969 | $46,894 | $493,969 | $450,000 | $0 | $35,000 | $11,894 | $990,863 |
| Shannon OlearyCHIEF INVESTMENT OFFICER | $573,806 | $35,168 | $573,806 | $0 | $0 | $35,000 | $168 | $608,974 |
| Ashley GamDIRECTOR OF INVESTMENTS | $359,377 | $55,390 | $359,377 | $0 | $0 | $35,000 | $20,390 | $414,767 |
| Scott ZastoupilCFO/TREASURER | $316,926 | $51,171 | $316,926 | $0 | $0 | $32,896 | $18,275 | $368,097 |
| Jeremy WellsSVP PHILANTHROPIC SERVICES | $305,077 | $56,056 | $305,077 | $0 | $0 | $31,854 | $24,202 | $361,133 |
| Chanda Smith BakerPRESIDENT & CEO | $191,699 | $13,356 | $191,699 | $0 | $0 | $5,483 | $7,873 | $205,055 |
These figures come from Saint Paul & Minnesota Foundation's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Saint Paul & Minnesota Foundation compares
Ranked 18th of 18 foundations and grantmakers by CEO pay.
- Previous in this ranking: 17th, San Francisco Foundation, $670,879
Closest in revenue among organizations in the same revenue band:
AH Georgia$5,358,318 (CEO), fiscal year ending Dec 2024
Goodwill Legacy Group$786,620 (CEO), fiscal year ending Jun 2025- Goodwill Central Texas$432,087 (CEO), fiscal year ending Dec 2024
Humane World for Animals$702,371 (CEO), fiscal year ending Dec 2025
CIEE$1,212,104 (CEO), fiscal year ending Aug 2025
Common questions
Chanda Smith Baker (PRESIDENT & CEO) was paid $205,055 for the fiscal year ending December 2025: $191,699 from Saint Paul & Minnesota Foundation and $13,356 in other compensation (Part VII columns D and F).
The highest-paid person on the latest return was Eric Jolly (PREVIOUS PRESIDENT/CEO/SECRETARY), at $990,863. That is $785,808 more than the CEO, Chanda Smith Baker.
Saint Paul & Minnesota Foundation paid its CEO, Chanda Smith Baker, $205,055 for the fiscal year ending December 2025. On the return for the fiscal year ending December 2024, the CEO was Eric Jolly, paid $805,411. The earliest return on record is for the fiscal year ending December 2022, when the CEO was Eric Jolly, paid $695,879. By fiscal year end: December 2022, $695,879 (Eric Jolly); December 2023, $759,578; December 2024, $805,411; December 2025, $205,055 (Chanda Smith Baker).
Saint Paul & Minnesota Foundation's return for the fiscal year ending December 2025 reports total expenses of $139,909,503 and total revenue of $210,840,402 (Part I, lines 18 and 12), so revenue exceeded expenses by $70,930,899. Expenses were $218,703,729 for the fiscal year ending December 2024, so they fell 36.0%. The CEO's pay of $205,055 equals 0.15% of expenses, our calculation.
From the 4 Form 990 returns Saint Paul & Minnesota Foundation filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on August 27, 2026. Schedule J of the fiscal year ending December 2025 return breaks down pay for all 6 people in the pay breakdown above.