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Filing year 2024

JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION

Oxford, Mississippi·EIN 72-1394262·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$264k
Total assets
$1.9M
Total expenses
$204k
Reported officers
5

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.

Vice-president/secretary
Board President
Below 10th percentile
$2k
$2k

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 4 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 JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION 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

$201k

Itemized grants

9

Median grant

$15k

RecipientLocationPurposeAmount
BAPTIST HEALTH FOUNDATIONJACKSON, MSFUND BAPTIST MEMORIAL LEAKE, ATTALA & YAZOO SUMMER EXTERN NURSING PROGRAM$58k
MISSISSIPPI BAPTIST CONVENTIONJACKSON, MSFUND DISASTER RELIEF EFFORTS$50k
FIRST BAPTIST CHURCH CARTHAGE MISSISSIPPICARTHAGE, MSFUND SPECIAL PROJECTS OF FIRST BAPTIST CHURCH, CARTHAGE, MS$30k
MISSISSIPPI BAPTIST FOUNDATIONJACKSON, MSFUND SCHOLARSHIPS FOR SEMINARY STUDENTS$26k
MISSISSIPPI COLLEGECLINTON, MSFUND CURRENT AND ENDOWED SCHOLARSHIPS$15k
TOM HARRISON PASTORAL MINISTRIESSHREVEPORT, LAFUND EDUCATIONAL MINISTRIES$10k
EAST CENTRAL COMMUNITY COLLEGE FOUNDATION INCDECATUR, MSFUND ANNUAL SCHOLARSHIPS$7k
MOUNTAIN BROOK CITY SCHOOLS COUNCIL PTOMOUNTAIN BROOK, ALFUND INNOVATIVE EDUCATIONAL INITIATIVES$4k
ALL IN MOUNTAIN BROOKBIRMINGHAM, ALFUND COMMUNITY EDUCATION ON CHALLENGES FACING YOUTH$1k
Compare this foundation's grantees
Pay for the position

Board President pay held roughly steady from 2021 to 2024, while revenue rose 23%.

$2k in 2021 to $2k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION

What does the Board President of JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION earn?

In 2024, the Board President of JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION received $1,500 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 JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION's revenue and expenses?

In 2024, JAMES M THOMAS AND LUVIE C THOMAS FOUNDATION reported $264k in total revenue and $204k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.