Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
President Board President Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Connecticut | $31k $34k |
Secretary Board Secretary Median to 75th percentile | $17k $19k |
Vice President & Treasurer Board Vice President 25th percentile to median | $17k $19k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$132k
Itemized grants
25
Median grant
$4k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Greater Bridgeport Symphony | Bridgeport, CT | 40Operations | $32k |
| Greater Connecticut Youth Orchestra | Bridgeport, CT | Operations | $10k |
| Homes for the Brave | Bridgeport, CT | Operations | $10k |
| Mikey's Way Foundation | Easton, CT | Programs | $10k |
| The Klein Memorial Auditorium Foundation | Bridgeport, CT | Klein Theatre Arts (KTA) | $10k |
| Brady's Smile | Fairfield, CT | Operations | $5k |
| Charlotte Helen Bacon Foundation | Sandy Hook, CT | Operations | $5k |
| The Connecticut Zoological Society | Bridgeport, CT | Programs | $5k |
| American Red Cross Connecticut Chapter | Farmington, CT | Operations | $4k |
| Bridgeport Rescue Mission | Bridgeport, CT | Operations | $4k |
| Easton Senior Citizen's Center Inc | Easton, CT | Programs | $4k |
| Neighborhood Studios of Fairfield County | Bridgeport, CT | Operations | $4k |
| Wakeman Boys and Girls | Fairfield, CT | Smilow Burroughs Club House | $4k |
| Junior Achievement of Western Connecticut Inc | Bridgeport, CT | 2000Programs | $3k |
| Life Bridge Community Services | Bridgeport, CT | Operations | $3k |
| Mercy Learning Center | Bridgeport, CT | Programs | $3k |
| The Barnum Festival Inc | Bridgeport, CT | Operations | $3k |
| The Barnum Museum | Bridgeport, CT | Operations | $3k |
| Burroughs Community Center | Bridgeport, CT | Programs | $2k |
| Central Connecticut Coast - YMCA | New Haven, CT | Operations | $2k |
| Longhill Garden Club | Trumbull, CT | Projects | $2k |
| Department of Aging | Bridgeport, CT | Programs | $2k |
| Bridgeport Public Library | Bridgeport, CT | Bridgeport Historic Center | $1k |
| Fairfield County Chorale | Fairfield, CT | Programs | $1k |
| The Mendelssohn Choir of Connecticut | Fairfield, CT | Programs | $1k |
Held steady
from 2023
From $31k in 2023 to $31k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay held roughly steady from 2023 to 2024.
- Board Secretary pay held roughly steady from 2023 to 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 ($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 FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC
What does the Board President of FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC earn?
In 2024, the Board President of FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC received $31,106 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Board President at FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC's revenue and expenses?
In 2024, FRED R & HAZEL W CARSTENSEN MEMORIAL FOUNDATION INC reported $269k in total revenue and $250k 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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