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Filing year 2024

CULVER MEMORIAL SCHOLARSHIP TRUST

Dallas, Texas·EIN 48-6130063·NTEE B82Z · Education·501(c)(3)
Total revenue
$180k
Total assets
$1.8M
Total expenses
$120k
Reported officers
1

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 in Texas.

Trustee
Board Member
Median to 75th percentile
$29k
$30k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CULVER MEMORIAL SCHOLARSHIP TRUST equaled 24% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
24%
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

$87k

Itemized grants

1

Median grant

$87k

RecipientLocationPurposeAmount
WASHBURN ENDOWMENT ASSOCIATIONTOPEKA, KSUNRESTRICTED GENERAL$87k

Up 12%
from 2023

From $26k in 2023 to $29k in 2024.

$26k
2023
$29k
2024
In today's dollarsEst.
Up 9% in real terms$28k to $30k

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.

Pay for the position

Board Member pay rose 12% from 2023 to 2024, while revenue rose 258%.

$26k in 2023 to $29k 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 CULVER MEMORIAL SCHOLARSHIP TRUST

What does the Board Member of CULVER MEMORIAL SCHOLARSHIP TRUST earn?

In 2024, the Board Member of CULVER MEMORIAL SCHOLARSHIP TRUST received $28,670 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at CULVER MEMORIAL SCHOLARSHIP TRUST compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2024 pay of the Board Member at CULVER MEMORIAL SCHOLARSHIP TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at CULVER MEMORIAL SCHOLARSHIP TRUST equaled 24% of the organization's total expenses. The median for education organizations is 7%.

What are CULVER MEMORIAL SCHOLARSHIP TRUST's revenue and expenses?

In 2024, CULVER MEMORIAL SCHOLARSHIP TRUST reported $180k in total revenue and $120k 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.