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 Massachusetts.
| Position | Total |
|---|---|
Trustee Board Member 25th percentile to median | $15k $16k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS equaled 20% of the organization's total expenses. The median for education organizations is 7%.
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
$57k
Itemized grants
4
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Foley Family Trust fbo Scholarships | Fall River, MA | SCHOLARSHIPS | $26k |
| MAB COMMUNITY SERVICE INC ATTN JOHN SALVATI | BROOKLINE, MA | CHARITABLE USE | $10k |
| FALL RIVER HISTORICAL SOCIETY | FALL RIVER, MA | CHARITABLE USE | $10k |
Up 5%
from 2023
From $14k in 2023 to $15k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 5% from 2023 to 2024, while revenue rose 19%.
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.
Common questions about FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS
What does the Board Member of FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS earn?
In 2024, the Board Member of FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS received $14,657 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2024 pay of the Board Member at FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS falls between the 25th percentile and the median. In 2024, the highest total compensation at FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS equaled 20% of the organization's total expenses. The median for education organizations is 7%.
What are FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS's revenue and expenses?
In 2024, FOLEY FAMILY IRREVOCABLE TRUST FBO SCHOLARS reported $40k in total revenue and $74k 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.
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