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Filing year 2024

FRANK & BETTY HEDRICK FOUNDATION

Wichita, Kansas·EIN 48-6130776·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$27k
Total assets
$561k
Total expenses
$56k
Reported officers
3

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 Kansas.

President
Board President
25th percentile to median
$9k
$10k
Vice Preside
Board Vice President
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$9k
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, 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 2024, the highest total compensation at FRANK & BETTY HEDRICK FOUNDATION equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
16%
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

$35k

Itemized grants

4

Median grant

$5k

RecipientLocationPurposeAmount
TUNNEL TO TOWERS FOUNDATION TUNNEL TO TOWERS FOUNDATIONSTATEN ISLAND, NYFOR USE IN OPERATIONS$25k
AMERICAN RED CROSS AMERICAN RED CROSSBOONE, IAFOR USE IN OPERATIONS$5k
ST JUDE CHILDREN'S RESEARCH HOSPITA ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNFOR USE IN OPERATIONS$4k
WOMEN OF WICHITA WOMEN OF WICHITAWICHITA, KSFOR USE IN OPERATIONS$1k
Pay for the position

Board President pay held roughly steady from 2023 to 2024.

$9k in 2023 to $9k in 2024.
  • Board Vice President pay held roughly steady from 2023 to 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 (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.

FAQ

Common questions about FRANK & BETTY HEDRICK FOUNDATION

What does the Board President of FRANK & BETTY HEDRICK FOUNDATION earn?

In 2024, the Board President of FRANK & BETTY HEDRICK FOUNDATION received $9,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Kansas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at FRANK & BETTY HEDRICK FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kansas, the 2024 pay of the Board President at FRANK & BETTY HEDRICK FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at FRANK & BETTY HEDRICK FOUNDATION equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FRANK & BETTY HEDRICK FOUNDATION's revenue and expenses?

In 2024, FRANK & BETTY HEDRICK FOUNDATION reported $27k in total revenue and $56k 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.