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Filing year 2024

Ippolito Charitable Foundation of Galveston

Houston, Texas·EIN 76-0671962·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$259k
Total assets
$17.6M
Total expenses
$90k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Secretary
Board Secretary
25th percentile to median
$5k
$5k
Treasurer
Board Treasurer
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 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 Ippolito Charitable Foundation of Galveston equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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

$22k

Itemized grants

3

Median grant

$1k

RecipientLocationPurposeAmount
1894 IncGalveston, TXSerious Fun Children's Series and The Grand Kids Festival$20k
Crusty Crew RescueRunning Spgs, CAGeneral & Unrestricted$1k
Justin Wren FoundationOklahoma City, OKGeneral & Unrestricted$500
Compare this foundation's grantees

Down 33%
from 2022

From $93k in 2022 to $62k in 2023.

$93k
2022
$62k
2023
In today's dollarsEst.
Down 35% in real terms$103k to $67k

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay fell 92% from 2023 to 2024, while revenue fell 89%.

$62k in 2023 to $5k in 2024.
  • Board Treasurer pay fell 93% from 2023 to 2024.
  • Board Vice President pay rose 126% from 2022 to 2023.

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 ($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.

FAQ

Common questions about Ippolito Charitable Foundation of Galveston

What does the Board Secretary of Ippolito Charitable Foundation of Galveston earn?

In 2024, the Board Secretary of Ippolito Charitable Foundation of Galveston received $4,704 in total compensation. This pay is below the median (the midpoint) for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at Ippolito Charitable Foundation of Galveston compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board Secretary at Ippolito Charitable Foundation of Galveston falls between the 25th percentile and the median. In 2024, the highest total compensation at Ippolito Charitable Foundation of Galveston equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Ippolito Charitable Foundation of Galveston's revenue and expenses?

In 2024, Ippolito Charitable Foundation of Galveston reported $259k in total revenue and $90k 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.