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Filing year 2024

BRIGHT FUTURE FOUNDATION INC

Sandy, Utah·EIN 47-3344546·NTEE B82 · Education·501(c)(3)
Total revenue
$20k
Total assets
$334k
Total expenses
$34k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Secretary
Board Secretary
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BRIGHT FUTURE FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$30k

Itemized grants

1

Median grant

$30k

RecipientLocationPurposeAmount
UNIVERSITY OF UTAHSALT LAKE CITY, UTFOR SCHOLARSHIP PROGRAM$30k
Pay for the position

Board Secretary pay rose 6% from 2023 to 2024, while revenue rose 27%.

$2k in 2023 to $2k in 2024.

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

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 BRIGHT FUTURE FOUNDATION INC

What does the Board Secretary of BRIGHT FUTURE FOUNDATION INC earn?

In 2024, the Board Secretary of BRIGHT FUTURE FOUNDATION INC received $2,343 in total compensation. This pay is in the bottom quarter for Board Secretary roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at BRIGHT FUTURE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Secretary at BRIGHT FUTURE FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at BRIGHT FUTURE FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

What are BRIGHT FUTURE FOUNDATION INC's revenue and expenses?

In 2024, BRIGHT FUTURE FOUNDATION INC reported $20k in total revenue and $34k in total expenses on its IRS Form 990.

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