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Filing year 2024

HERBERT BEARMAN FOUNDATION

Brooklandville, Maryland·EIN 31-1602562·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3M
Total assets
$33.6M
Total expenses
$2.5M
Reported officers
3

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 nationwide.

COO
Median to 75th percentile
$177k
$188k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HERBERT BEARMAN FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
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

$1.9M

Itemized grants

70

Median grant

$18k

Down 5%
from 2023

From $186k in 2023 to $177k in 2024.

$186k
2023
$177k
2024
In today's dollarsEst.
Down 8% in real terms$204k to $188k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Operating Officer pay fell 5% from 2023 to 2024, while revenue rose 240%.

$186k in 2023 to $177k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), 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 HERBERT BEARMAN FOUNDATION

What does the Chief Operating Officer of HERBERT BEARMAN FOUNDATION earn?

In 2024, the Chief Operating Officer of HERBERT BEARMAN FOUNDATION received $177,099 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at HERBERT BEARMAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Operating Officer at HERBERT BEARMAN FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at HERBERT BEARMAN FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HERBERT BEARMAN FOUNDATION's revenue and expenses?

In 2024, HERBERT BEARMAN FOUNDATION reported $3M in total revenue and $2.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.