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Filing year 2024

Keith A Iverson Foundation

Bloomfield Hills, Michigan·EIN 38-3378231·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$524k
Total assets
$4.4M
Total expenses
$331k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

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

Secretary/director
Unclassified
$5k
$5k
President/director
Board President
10th to 25th percentile
$5k
$5k
Vice President/director
Board President
10th to 25th percentile
$5k
$5k
Vice President/director
Board President
10th to 25th percentile
$5k
$5k
Treasurer/director
Unclassified
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 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 Keith A Iverson Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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

$250k

Itemized grants

15

Median grant

$13k

RecipientLocationPurposeAmount
ASPCAWashington, DCTo enhance charitable activities$50k
Student Leadership AcademyVenice, FLTo enhance learning activities$50k
St Jude Children's Research HospitalMemphis, TNTo enhance charitable activities$30k
Eton AcademyBirmingham, MITo enhance the learning enviroment$20k
Huron Valley Baseball & SoftballHighland, MITo enhance charitable activities$15k
Livingston Sunrise Rotary FoundationBrighton, MITo enhance charitable activities$15k
New Hope ChurchEast Tawas, MITo enhance charitable activities$15k
Yoga SupportMcAllen, TXTo enhance charitable activities$13k
Community SharingHighland, MITo enhance charitable activitiesTo enchance charitble activities$10k
Huron Forest Camp Cedar RidgeOscoda Twp, MITo enhance charitable activities$8k
Detroit Dog RescueSt Clair Shores, MITo enhance charitable activities$5k
Kids' Food BasketGrand Rapids, MITo enhance charitable activities$5k
Michigan Humane SocietyBingham Farms, MITo enhance charitable activities$5k
Turning PointMt Clemens, MITo enhance charitable activities$5k
Wounded Warrior ProjectTopeka, KSTo enhance charitable activities$5k
Compare this foundation's grantees
Pay for the position

Board President pay rose 67% from 2023 to 2024, while revenue rose 31%.

$3k 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 ($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 Keith A Iverson Foundation

What does the Board President of Keith A Iverson Foundation earn?

In 2024, the Board President of Keith A Iverson Foundation received $5,000 in total compensation. This pay is in the bottom quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at Keith A Iverson Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board President at Keith A Iverson Foundation falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Keith A Iverson Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Keith A Iverson Foundation's revenue and expenses?

In 2024, Keith A Iverson Foundation reported $524k in total revenue and $331k 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.