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Filing year 2023

Foundation M

Andover, Massachusetts·EIN 04-3559359·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.1M
Total assets
$13.2M
Total expenses
$968k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Trustee
Board Member
25th percentile to median
$4k
$4k

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.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Foundation M equaled 0.4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.4%
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 2023 Form 990-PF, Part XV.

Total granted

$842k

Itemized grants

93

Median grant

$7k

RecipientLocationPurposeAmount
Appalachian Mountain ClubBoston, MABarnard Tract Project$50k
Union of Concerned ScientistsCambridge, MAClean Vehicles Program$40k
Audubon VermontHuntington, VTWorking Lands Conservation Initiative$35k
Solihten InstituteDenver, COGeneral Purpose$25k
ASPCAWashington, DCGeneral Purpose$20k
Doctors Without BordersNew York, NYTurkey/Syria$20k
New England WildlifeSo Weymouth, MAGeneral Purpose$18k
American Red CrossWashington, DCGeneral Purpose$15k
AmericaresStamford, CTTurkey/Ukraine$15k
Equine AdvocatesChatham, NYGeneral Purpose$15k
Mass AudubonLincoln, MALowell Leaders in Stewardship$15k
Mercy CorpsBoone, IAGeneral Purpose$15k
New England AquariumBoston, MASea Turtle Rescue$15k
Rosie's PlaceBoston, MAGeneral Purpose$15k
Boys & Girls Club of LawrenceLawrence, MAGeneral Purpose$12k
La ColaborativaChelsea, MAGeneral Purpose$12k
ACLUNew York, NYGeneral Purpose$10k
Bread & RosesLawrence, MAGeneral Purpose$10k
Danielson InstituteBoston, MAGeneral Purpose$10k
Dismas HouseWorcester, MAInitiative at Farm$10k
Families FirstWatertown, MAParent Leadership$10k
Family Service IncLawrence, MAYouth Development$10k
Farm SanctuaryWatkins Glen, NYGeneral Purpose$10k
Groundwork Lawrence IncLawrence, MAGeneral Purpose$10k
Humane Farming AssociationSan Rafael, CAGeneral Purpose$10k
Compare this foundation's grantees
Pay for the position

Board Member pay fell 50% from 2022 to 2023, while revenue fell 55%.

$8k in 2022 to $4k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 Foundation M

What does the Board Member of Foundation M earn?

In 2023, the Board Member of Foundation M received $4,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Foundation M compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board Member at Foundation M falls between the 25th percentile and the median. In 2023, the highest total compensation at Foundation M equaled 0.4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Foundation M's revenue and expenses?

In 2023, Foundation M reported $1.1M in total revenue and $968k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.