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Filing year 2024

ARMOUR-LEWIS FAMILY FOUNDATION

Allenhurst, New Jersey·EIN 22-3476006·NTEE T20J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$353k
Total assets
$5.7M
Total expenses
$335k
Reported officers
2

Executive compensation

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

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Trustee
Board Member
25th percentile to median
$13k
$14k
Trustee
Board Member
25th percentile to median
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ARMOUR-LEWIS FAMILY FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 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

$300k

Itemized grants

5

Median grant

$60k

RecipientLocationPurposeAmount
MASONIC CHARITY FOUNDATIONBURLINGTON, NJSUPPORT$60k
STEVENS INSTITUTE OF TECHNOLOGYHOBOKEN, NJSUPPORT$60k
UNIVERSITY OF PENNSLYVANIAPHILADELPHIA, PASUPPORT$60k
UNION THEOLOGICAL SEMINARYNEW YORK, NYSUPPORT$60k
WEILL CORNELL MEDICAL COLLEGENEW YORK, NYSUPPORT$60k
Compare this foundation's grantees

Up 10%
from 2023

From $12k in 2023 to $13k in 2024.

$12k
2023
$13k
2024
In today's dollarsEst.
Up 6% in real terms$14k to $14k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 10% from 2023 to 2024, while revenue rose 27%.

$12k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ARMOUR-LEWIS FAMILY FOUNDATION

What does the Board Member of ARMOUR-LEWIS FAMILY FOUNDATION earn?

In 2024, the Board Member of ARMOUR-LEWIS FAMILY FOUNDATION received $13,243 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at ARMOUR-LEWIS FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Member at ARMOUR-LEWIS FAMILY FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at ARMOUR-LEWIS FAMILY FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ARMOUR-LEWIS FAMILY FOUNDATION's revenue and expenses?

In 2024, ARMOUR-LEWIS FAMILY FOUNDATION reported $353k in total revenue and $335k 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.