Skip to main content
Filing year 2024

FREDA REED AWARD TRUST

Michigan City, Indiana·EIN 35-6681671·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3k
Total assets
$34k
Total expenses
$4k
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 Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

Trustee
Board Member
Below 10th percentile
$1k
$1k

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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FREDA REED AWARD TRUST equaled 28% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
28%
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

$2k

Itemized grants

1

Median grant

$2k

RecipientLocationPurposeAmount
Indiana University Office of the Bursar- BloomingtonBloomington, INSCHOLARSHIP FOR LILY JOY$2k
Pay for the position

Board Member pay fell 20% from 2023 to 2024, while revenue rose 777%.

$1k in 2023 to $1k 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 FREDA REED AWARD TRUST

What does the Board Member of FREDA REED AWARD TRUST earn?

In 2024, the Board Member of FREDA REED AWARD TRUST received $1,000 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at FREDA REED AWARD TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board Member at FREDA REED AWARD TRUST falls in the bottom 10%. In 2024, the highest total compensation at FREDA REED AWARD TRUST equaled 28% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FREDA REED AWARD TRUST's revenue and expenses?

In 2024, FREDA REED AWARD TRUST reported $3k in total revenue and $4k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.