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Filing year 2024

ALFRED & FAY GROSSE MEMORIAL TRUST

Lindale, Texas·EIN 14-6324057·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$72k
Total assets
$1.5M
Total expenses
$166k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Manager
Unclassified
$25k
$26k
Manager
Unclassified
$25k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALFRED & FAY GROSSE MEMORIAL TRUST equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
15%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$106k

Itemized grants

11

Median grant

$7k

Up 11%
from 2023

From $22k in 2023 to $25k in 2024.

$22k
2023
$25k
2024
In today's dollarsEst.
Up 8% in real terms$24k to $26k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALFRED & FAY GROSSE MEMORIAL TRUST

What are ALFRED & FAY GROSSE MEMORIAL TRUST's revenue and expenses?

In 2024, ALFRED & FAY GROSSE MEMORIAL TRUST reported $72k in total revenue and $166k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.