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Filing year 2024

JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST

Montrose, Colorado·EIN 32-6050918·NTEE B82 · Education·501(c)(3)
Total revenue
$56k
Total assets
$526k
Total expenses
$66k
Reported officers
3

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 Education organizations in Colorado.

Trustee
Board Member
10th to 25th percentile
$5k
$6k
Trustee
Board Member
Below 10th percentile
$750
$799

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.

Plus 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST equaled 8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$57k

Itemized grants

3

Median grant

$23k

RecipientLocationPurposeAmount
GAVIN HALLOLATHE, COCOLLEGE TUITION & EXPENSES$23k
MIA DUNCANMONTROSE, COCOLLEGE TUITION & EXPENSES$12k
Pay for the position

Board Member pay rose 162% from 2023 to 2024, while revenue rose 36%.

$2k in 2023 to $5k in 2024.

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

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST

What does the Board Member of JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST earn?

In 2024, the Board Member of JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST received $5,429 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations in Colorado, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST compare with similar nonprofits?

Compared with the same role at Education organizations in Colorado, the 2024 pay of the Board Member at JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST falls between the 10th and 25th percentiles. In 2024, the highest total compensation at JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST equaled 8% of the organization's total expenses. The median for education organizations is 7%.

What are JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST's revenue and expenses?

In 2024, JOSEPHINE ECKLUND PETRIE & CHARLES A PETRIE MEMORIAL SCHOLARSHIP TRUST reported $56k in total revenue and $66k in total expenses on its IRS Form 990.

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