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Filing year 2024

FRANK H KRAFT SCHOLARSHIP TRUST

Wheeling, West Virginia·EIN 55-6014337·NTEE B82 · Education·501(c)(3)
Total revenue
$95k
Total assets
$972k
Total expenses
$91k
Reported officers
1

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 nationwide.

Trustee
Board Member
25th percentile to median
$10k
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRANK H KRAFT SCHOLARSHIP TRUST equaled 11% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
11%
Sector median
7%
Middle half of sector
2% to 17%

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

$80k

Itemized grants

1

Median grant

$80k

RecipientLocationPurposeAmount
THE LINSLY SCHOOLWHEELING, WVTHE LINSLY SCHOOL STUDENT$80k
Pay for the position

Board Member pay rose 13% from 2023 to 2024, while revenue rose 252%.

$9k in 2023 to $10k 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 (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 H KRAFT SCHOLARSHIP TRUST

What does the Board Member of FRANK H KRAFT SCHOLARSHIP TRUST earn?

In 2024, the Board Member of FRANK H KRAFT SCHOLARSHIP TRUST received $9,879 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FRANK H KRAFT SCHOLARSHIP TRUST compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Member at FRANK H KRAFT SCHOLARSHIP TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at FRANK H KRAFT SCHOLARSHIP TRUST equaled 11% of the organization's total expenses. The median for education organizations is 7%.

What are FRANK H KRAFT SCHOLARSHIP TRUST's revenue and expenses?

In 2024, FRANK H KRAFT SCHOLARSHIP TRUST reported $95k in total revenue and $91k 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.