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Florence B Trueman Educational Trust

Tracys Landing, Maryland·EIN 52-1649301·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)·Filing year 2024

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

Florence B Trueman Educational Trust's highest-paid officer, the Trustee, was reported at $2,854 for 2024 (IRS Form 990), including base pay and other compensation.

Total revenue
$52k
Total assets
$431k
Total expenses
$43k
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 Maryland.

Trustee
Board Member
10th to 25th percentile
$3k
Trustee
Board Member
Below 10th percentile
$2k

Browse compensation in Philanthropy, Voluntarism & Grantmaking →

Top pay as a share of expenses

In 2024, the highest total compensation at Florence B Trueman Educational Trust equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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

$20k

Itemized grants

1

Median grant

$20k

RecipientLocationPurposeAmount
College of Southern Maryland Foundation IncLaplata, MDTo help pay for college education for students in Calvert County, Maryland.$20k
Compare this foundation's grantees

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.

Common questions about Florence B Trueman Educational Trust

What does the Board Member of Florence B Trueman Educational Trust earn?

In 2024, the Board Member of Florence B Trueman Educational Trust received $2,854 in total compensation. This pay is in the bottom quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Maryland, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Florence B Trueman Educational Trust compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maryland, the 2024 pay of the Board Member at Florence B Trueman Educational Trust falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Florence B Trueman Educational Trust equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Florence B Trueman Educational Trust's revenue and expenses?

In 2024, Florence B Trueman Educational Trust reported $52k in total revenue and $43k 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.