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Filing year 2024

HATTIE G WATKINS EDUCATIONAL FUND 2155000108

Memphis, Tennessee·EIN 62-6051024·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$77k
Total assets
$0
Total expenses
$276k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. HATTIE G WATKINS EDUCATIONAL FUND 2155000108 reported 1 unpaid officer or board member on its 990-PF.

Trustee
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HATTIE G WATKINS EDUCATIONAL FUND 2155000108 equaled 33% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
33%
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

$275k

Itemized grants

1

Median grant

$275k

RecipientLocationPurposeAmount
UNIVERSITY OF MEMPHIS FOR SCHOLARSHIPMEMPHIS, TNEDUCATION$275k
Pay for the position

Board Member pay fell 61% from 2022 to 2023, while revenue fell 69%.

$6k in 2022 to $2k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

HATTIE G WATKINS EDUCATIONAL FUND 2155000108 reported revenue and expenses across 3 filing years.

RevenueExpenses
$23k
$25k
2022
$7k
$6k
2023
$77k
$276k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Tennessee

HATTIE G WATKINS EDUCATIONAL FUND 2155000108 reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Tennessee earns a median of $35,455.

25th percentile
$11k
Median
$35,455
75th percentile
$87k
90th percentile
$212k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 340 organizations across 340 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Tennessee

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FAQ

Common questions about HATTIE G WATKINS EDUCATIONAL FUND 2155000108

What are HATTIE G WATKINS EDUCATIONAL FUND 2155000108's revenue and expenses?

In 2024, HATTIE G WATKINS EDUCATIONAL FUND 2155000108 reported $77k in total revenue and $276k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.