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Filing year 2024

HUGH E& MARJORIE SPETERSEN FOUNDATION INC

Santa Barbara, California·EIN 20-3757530·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$37k
Total assets
$37.7M
Total expenses
$2.1M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California.

Dir, Pres
Unclassified
$120k
$128k
Dir, Sec, VP
Board Vice President
Median to 75th percentile
$120k
$128k
Dir, VP
Board Vice President
Median to 75th percentile
$120k
$128k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West 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 HUGH E& MARJORIE SPETERSEN FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
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

$1.7M

Itemized grants

19

Median grant

$30k

RecipientLocationPurposeAmount
MONTECITO COVENANT CHURCHSANTA BARBARA, CAGENERAL & UNRESTRICTED$510k
WESTMONT COLLEGESANTA BARBARA, CAINTERNSHIP PROGRAM$400k
YOUNG LIFE - CALIFORNIA CENTRAL REGION AF56PRESCOTT, AZGENERAL SUPPORT$161k
HAGGAI INTERNATIONAL INSTITUTENORCROSS, GALEADERSHIP TRAINING SESSION$150k
SANTA BARBARA RESCUE MISSIONSANTA BARBARA, CAGENERAL SUPPORT$100k
FAMILY CARE NETWORK INCSAN LUIS OBISPO, CAGENERAL SUPPORT$60k
PROVIDENCE SCHOOL INCSANTA BARBARA, CAGENERAL SUPPORT$50k
LANGHAM PARTNERSHIP USAMILPITAS, CAGENERAL SUPPORT$40k
WYCLIFFE BIBLE TRANSLATORS INCORLANDO, FLGENERAL SUPPORT$30k
HEALING WELL & LIVING FREE FOUNDATIONENCINITAS, CAGENERAL SUPPORT$30k
CANCER SUPPORT COMMUNITY VALLEYWESTLAKE VILLAGE, CAGENERAL SUPPORT$25k
DIRECT RELIEF INTERNATIONALSANTA BARBARA, CAUKRAINE RELIEF$25k
THE SALVATION ARMYSANTA ROSA, CAGENERAL SUPPORT$25k
THROUGH LA ARCADA INVESTMENT CORPORATION K-1SANTA BARBARA, CAAS PROVIDED BY S-CORP SCHEDULE K-1. ORGANIZATION AVAILABLE UPON REQUEST.$23k
DOCTORS WITHOUT WALLS SANTA BARBARASANTA BARBARA, CAGENERAL SUPPPORT$10k
SANTA BARBARA SCHOOL OF SQUASH INCSANTA BARBARA, CAGENERAL SUPPPORT$10k
SAMARITANS PURSEBOONE, NCGENERAL SUPPORT$10k
TEACHBEYOND INCDOWNERS GROVE, ILGENERAL SUPPORT$2k
FRISCO FELLOWSHIP OF CHRISTIAN ATHLETESFRISCO, TXGENERAL SUPPORT$2k
Compare this foundation's grantees

Down 2%
from 2023

From $122k in 2023 to $120k in 2024.

$122k
2023
$120k
2024
In today's dollarsEst.
Down 4% in real terms$134k to $128k

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

Pay for the position

Board Vice President pay fell 2% from 2023 to 2024, while revenue fell 99%.

$122k in 2023 to $120k 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 HUGH E& MARJORIE SPETERSEN FOUNDATION INC

What does the Board Vice President of HUGH E& MARJORIE SPETERSEN FOUNDATION INC earn?

In 2024, the Board Vice President of HUGH E& MARJORIE SPETERSEN FOUNDATION INC received $120,000 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at HUGH E& MARJORIE SPETERSEN FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Board Vice President at HUGH E& MARJORIE SPETERSEN FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at HUGH E& MARJORIE SPETERSEN FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HUGH E& MARJORIE SPETERSEN FOUNDATION INC's revenue and expenses?

In 2024, HUGH E& MARJORIE SPETERSEN FOUNDATION INC reported $37k in total revenue and $2.1M 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.