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.
| Position | Total |
|---|---|
Vice-president Board President Below 10th percentile | $782 $841 |
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.
Plus 4 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at HERBERT L AND NANCY M TOWNSEND FOUNDATION equaled 0.1% 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 2024 Form 990-PF, Part XV.
Total granted
$1.3M
Itemized grants
8
Median grant
$18k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| WILTON COMMUNITY SCHOOLS | WILTON, IA | COMMONS PROJECT, TEACHER SUPPORT, AND EQUIPMENT PURCHASE FOR SPORTS PROGRAMS | $763k |
| COMMUNITY FOUNDATION OF GREATER MUSCATINE | MUSCATINE, IA | HERBERT L. & NANCY M. TOWNSEND FOUNDATION CHARITABLE FUND SUPPORT | $275k |
| COMMUNITY FOUNDATION OF GREATER MUSCATINE | MUSCATINE, IA | SCHOLARSHIPS | $171k |
| YOUNG LIFE | WILTON, IA | GENERAL OPERATING FUND | $20k |
| CAMP WYOMING | WYOMING, IA | GENERAL OPERATING FUND | $15k |
| CITY OF WILTON | WILTON, IA | WILTON POLICE DEPARTMENT - SHOP WITH A COP SUPPORT | $5k |
| COMMUNITY FOUNDATION OF GREATER MUSCATINE | MUSCATINE, IA | ENERGY BILL RELIEF | $4k |
| SHEPHERD OF THE CROSS LUTHERAN CHURCH | MUSCATINE, IA | CHRISTIAN DAY CAMP SUPPORT | $3k |
This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 HERBERT L AND NANCY M TOWNSEND FOUNDATION
What does the Board President of HERBERT L AND NANCY M TOWNSEND FOUNDATION earn?
In 2024, the Board President of HERBERT L AND NANCY M TOWNSEND FOUNDATION received $782 in total compensation. This pay is in the bottom 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Board President pay at HERBERT L AND NANCY M TOWNSEND FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at HERBERT L AND NANCY M TOWNSEND FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at HERBERT L AND NANCY M TOWNSEND FOUNDATION equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are HERBERT L AND NANCY M TOWNSEND FOUNDATION's revenue and expenses?
In 2024, HERBERT L AND NANCY M TOWNSEND FOUNDATION reported $1.8M in total revenue and $1.3M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
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