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Filing year 2024

LARRY & FRANKIE HAGER TRUST 1

Owensboro, Kentucky·EIN 46-4562608·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
-$3k
Total assets
$649k
Total expenses
$16k
Reported officers
1

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 in Kentucky.

Trustee
Board Member
25th percentile to median
$9k
$10k

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 LARRY & FRANKIE HAGER TRUST 1 equaled 58% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
58%
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

$0

Itemized grants

0

Pay for the position

Board Member pay rose 39% from 2023 to 2024.

$6k in 2023 to $9k 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.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky

Comparable philanthropy, voluntarism & grantmaking organizations in Kentucky pay their highest-earning executive a median of $16,300.

25th percentile
$6k
Median
$16,300
75th percentile
$49k
90th percentile
$120k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 260 organizations across 260 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky
FAQ

Common questions about LARRY & FRANKIE HAGER TRUST 1

What does the Board Member of LARRY & FRANKIE HAGER TRUST 1 earn?

In 2024, the Board Member of LARRY & FRANKIE HAGER TRUST 1 received $9,051 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LARRY & FRANKIE HAGER TRUST 1 compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, the 2024 pay of the Board Member at LARRY & FRANKIE HAGER TRUST 1 falls between the 25th percentile and the median. In 2024, the highest total compensation at LARRY & FRANKIE HAGER TRUST 1 equaled 58% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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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.