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 Indiana.
| Position | Total |
|---|---|
Trustee Board Member 75th to 90th percentile | $34k $37k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST equaled 19% 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 2023 Form 990-PF, Part XV.
Total granted
$137k
Itemized grants
26
Median grant
$5k
Up 3%
from 2022
From $33k in 2022 to $34k in 2023.
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.
Board Member pay rose 3% from 2022 to 2023, while revenue rose 349%.
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 ($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 T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST
What does the Board Member of FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST earn?
In 2023, the Board Member of FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST received $33,711 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board Member at FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST's revenue and expenses?
In 2023, FRED T & MAXINE HUMES MEMORIAL SCHOLARSHIP TRUST reported $227k in total revenue and $175k 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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