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Filing year 2024

EDWARD L & RUTH S HENNESSY FOUNDATION

Palm Beach Gardens, Florida·EIN 22-3140476·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$103k
Total assets
$1.8M
Total expenses
$166k
Reported officers
7

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 Philanthropy, Voluntarism & Grantmaking organizations in Florida.

Trustee, Executive Director
Board Member
10th to 25th percentile
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EDWARD L & RUTH S HENNESSY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$154k

Itemized grants

12

Median grant

$5k

RecipientLocationPurposeAmount
OASIS - A HAVEN FOR WOMEN AND CHILDRENPATERSON, NJGENERAL SUPPORT$43k
ADOPT A FAMILY OF THE PALM BEACHES INCLAKE WORTH, FLGENERAL SUPPORT$30k
FAIRLEIGH DICKINSON UNIVERSITYMADISON, NJGENERAL SUPPORT$25k
TRI-COUNTY SCHOLARSHIP FUNDMENDHAM, NJGENERAL SUPPORT$25k
TUNNELS TO TOWERS FOUNDATIONSTATEN ISLAND, NYGENERAL SUPPORT$10k
ALZHEIMER'S FOUNDATION OF AMERICANEW YORK, NYGENERAL SUPPORT$5k
MORRISTOWN MEMORIAL HOSPITALMORRISTOWN, NJGENERAL SUPPORT$5k
PRESCHOOL ADVANTAGEMORRISTOWN, NJGENERAL SUPPORT$5k
KRAVIS CENTER FOR THE PERFORMING ARTSWEST PALM BEACH, FLGENERAL SUPPORT$3k
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNGENERAL SUPPORT$2k
NEW VERNON FIRST AID SQUADNEW VERNON, NJGENERAL SUPPORT$1k
DOUGLASS COLLEGENEW BRUNSWICK, NJGENERAL SUPPORT$1
Compare this foundation's grantees
Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 43%.

$5k in 2023 to $5k 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 ($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 EDWARD L & RUTH S HENNESSY FOUNDATION

What does the Board Member of EDWARD L & RUTH S HENNESSY FOUNDATION earn?

In 2024, the Board Member of EDWARD L & RUTH S HENNESSY FOUNDATION received $5,000 in total compensation. This pay is in the bottom quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Florida, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at EDWARD L & RUTH S HENNESSY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida, the 2024 pay of the Board Member at EDWARD L & RUTH S HENNESSY FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at EDWARD L & RUTH S HENNESSY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are EDWARD L & RUTH S HENNESSY FOUNDATION's revenue and expenses?

In 2024, EDWARD L & RUTH S HENNESSY FOUNDATION reported $103k 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.