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Filing year 2024

L FRANKLIN PURNELL FOUNDATION

Berlin, Maryland·EIN 23-7187899·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$27k
Total assets
$554k
Total expenses
$43k
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 Maryland.

Secretary/tr
Board Treasurer
10th to 25th percentile
$2k
$2k
President
Board President
Below 10th percentile
$825
$875
Director
Unclassified
$825
$875

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at L FRANKLIN PURNELL FOUNDATION 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

$29k

Itemized grants

5

Median grant

$2k

RecipientLocationPurposeAmount
WOR WIC FOUNDATIONSALISBURY, MDEDUCATIONAL PROGRAMS$14k
DIAKONIA INCOCEAN CITY, MDEMERGENCY HOMELESS CENTER$11k
WORCESTER COUNTY GOLDSNOW HILL, MDAID NEEDY FAMILIES$2k
COASTAL HOSPICEOCEAN PINES, MDHOME AND MEDICAL CARE SERVICES$1k
HENRY HOTEL FOUNDATIONOCEAN CITY, MDRESTORE HISTORICAL BUILDING$1k
Compare this foundation's grantees
Pay for the position

Board Treasurer pay rose 14% from 2023 to 2024, while revenue rose 30%.

$2k in 2023 to $2k in 2024.
  • Board President pay rose 10% from 2023 to 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 L FRANKLIN PURNELL FOUNDATION

What does the Board Treasurer of L FRANKLIN PURNELL FOUNDATION earn?

In 2024, the Board Treasurer of L FRANKLIN PURNELL FOUNDATION received $2,100 in total compensation. This pay is in the bottom quarter for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations in Maryland, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at L FRANKLIN PURNELL FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maryland, the 2024 pay of the Board Treasurer at L FRANKLIN PURNELL FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at L FRANKLIN PURNELL FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are L FRANKLIN PURNELL FOUNDATION's revenue and expenses?

In 2024, L FRANKLIN PURNELL FOUNDATION reported $27k in total revenue and $43k 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.