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Filing year 2024

HENDRICKSON SCHOLARSHIP TRUST

Detroit, Michigan·EIN 39-6129481·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$818
Total assets
$0
Total expenses
$86k
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 Michigan.

Trustee
Board Member
Below 10th percentile
$600
$645

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 HENDRICKSON SCHOLARSHIP TRUST equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.7%
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

$85k

Itemized grants

1

Median grant

$85k

RecipientLocationPurposeAmount
SCHOOL DISTRICT OF SUPERIOR SCHOLARSHIPSUPERIOR, WISUPPORT OF DAILY OPERATIONS$85k
Pay for the position

Board Member pay fell 78% from 2023 to 2024, while revenue fell 34%.

$3k in 2023 to $600 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 (No assets reported), 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 HENDRICKSON SCHOLARSHIP TRUST

What does the Board Member of HENDRICKSON SCHOLARSHIP TRUST earn?

In 2024, the Board Member of HENDRICKSON SCHOLARSHIP TRUST received $600 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at HENDRICKSON SCHOLARSHIP TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board Member at HENDRICKSON SCHOLARSHIP TRUST falls in the bottom 10%. In 2024, the highest total compensation at HENDRICKSON SCHOLARSHIP TRUST equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HENDRICKSON SCHOLARSHIP TRUST's revenue and expenses?

In 2024, HENDRICKSON SCHOLARSHIP TRUST reported $818 in total revenue and $86k 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.