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Filing year 2023

L K FOOTE MEMORIAL FUND TRUST

Olean, New York·EIN 16-6031968·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$17k
Total assets
$248k
Total expenses
$13k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Trustee
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 2023, the highest total compensation at L K FOOTE MEMORIAL FUND TRUST equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
24%
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 2023 Form 990-PF, Part XV.

Total granted

$9k

Itemized grants

5

Median grant

$2k

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 K FOOTE MEMORIAL FUND TRUST

What does the Board Member of L K FOOTE MEMORIAL FUND TRUST earn?

In 2023, the Board Member of L K FOOTE MEMORIAL FUND TRUST received $2,948 in total compensation. This pay is in the bottom quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at L K FOOTE MEMORIAL FUND TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2023 pay of the Board Member at L K FOOTE MEMORIAL FUND TRUST falls between the 10th and 25th percentiles. In 2023, the highest total compensation at L K FOOTE MEMORIAL FUND TRUST equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are L K FOOTE MEMORIAL FUND TRUST's revenue and expenses?

In 2023, L K FOOTE MEMORIAL FUND TRUST reported $17k in total revenue and $13k 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.